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Security as a Service Market to Be Worth $1.5B by 2020, Technavio Says

The Americas dominated the global Security as a Service market in 2015, capturing 65% of the overall market share.


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Memoori’s latest research shows that even after years of global economic turbulence the physical security industry continues on an upward trajectory. SSI Staff · December 16, 2015

A large percentage of respondents (40%) indicated their utility has not taken any hardening actions in the last two years to delay or limit damage of their critical assets from physical threats. SSI Staff · December 15, 2015

The global home automation market is expected to reach $21.0 billion in 2020 at a CAGR of around 25% between 2015 and 2020, according to a report conducted by Zion Research. SSI Staff · December 09, 2015

North America is expected to hold the largest share of this market during the forecast period due to technological advancements and early adoption of IoT in the region. SSI Staff · December 09, 2015

North America is the leading video surveillance market, accounting for more than 32% of the share. SSI Staff · December 08, 2015

During 2015, North America outpaced the global video surveillance market with a market share of around 40%. SSI Staff · December 04, 2015

The introduction of stringent policies by regulatory bodies is seen to necessitate the incorporation of video cameras for surveillance inside aircraft. SSI Staff · December 02, 2015

The Global Cybersecurity Market 2015-2025 report predicts the industry to be worth $11.4 billion in 2015 and forecast to reach $17.3 billion by 2025 at a CAGR of 4.23%. SSI Staff · November 30, 2015

Demand for electronic security products in the United States is projected to rise 7% annually through 2019 to $16.2 billion, according to a Report Buyer report. Mobile monitoring will boost demand for alarms and access control systems will see strong gains as well. IP connected systems and home automation systems will promote growth as well. SSI Staff · November 24, 2015

The DIY Home Automation market is expected to reach $21.3 billion by 2020 at a CAGR of 37.9% between 2015 and 2020, according to a new market research report. An increasing desire of the consumer for convenience connectivity, safety & security and the low cost of DIY systems are the major drivers for the market. SSI Staff · November 23, 2015


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