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How Home Automation Changed the Residential Security Market

Research firm IHS predicts that the smart residential security market will reach $2.4 billion by 2018.

Latest in IHS

IHS Markit estimates the world market for branded video surveillance as a service was worth $790 billion in 2015, a 13.8% increase from 2014. SSI Staff · October 05, 2016

The combined security equipment and services market was estimated to exceed $123 billion in 2015. SSI Staff · September 27, 2016

While annual video surveillance camera unit shipments are forecast to continue to increase through to the end of the decade, some regional markets are becoming saturated. SSI Staff · August 31, 2016

The numerous, closed ecosystems and devices in the smart home industry is also inhibiting growth. SSI Staff · August 08, 2016

Instead, it's believed that manufacturers seizing market share from competing vendors is fueling the increased supply concentration. Rodney Bosch · July 20, 2016

Last year the video surveillance equipment revenues barely made it into the black, following a strong 2014. SSI Staff · June 20, 2016

The key end-user sectors leading growth over the next five years include payment and banking, e-government and healthcare and transportation. SSI Staff · May 16, 2016

With global populations aging, and with increased pressure for healthcare providers to reduce cost and improve outcomes, the Internet of things [IoT] will play a pivotal role. SSI Staff · May 12, 2016

With computer hacking and other persistent threats on the rise, the North American managed security services market is forecast to be $26.9 billion in 2020 SSI Staff · April 29, 2016

Despite stagnant and slowing construction rates in Europe and China, the global market for mechanical locks and door hardware is expected to continue along a path of steady growth. SSI Staff · November 12, 2015

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