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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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A recent survey found that of all the things Americans fear being hacked, home security cameras is tied for their No. 1 fear. Stephen Sellner · August 16, 2016

The commercial sector holds the largest portion of the installed base in 2016 with 495 million units or 21.6% share. SSI Staff · August 11, 2016

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

The research firm Parks Associates suggests that insurance companies are ‘quickly emerging as a key player in multiple smart home ecosystems.' SSI Staff · August 03, 2016

An increased focus by healthcare facilities to adopt a failsafe patient identification system is considered the major driver of the healthcare biometrics market. SSI Staff · August 02, 2016

August Home conducted a study that found 80% of vacation guests and 92% of business travelers would prefer a short-term rental property with smart home technology than a property without the technology. SSI Staff · August 02, 2016

In 2015, the global market for video surveillance outpaced both the access control and intrusion alarm systems. SSI Staff · July 29, 2016

Electronic locks are projected to be the fastest-growing segment of the access control market. SSI Staff · July 25, 2016

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

A research report published by Parks Associates found that by 2020, more than 50% of U.S. broadband households will have a smart home controller. Also, 24% will have an IP camera and 26% will have a home security system. SSI Staff · July 19, 2016

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