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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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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

Leading market drivers include national public safety initiatives like FirstNet and NG911 in the United States. SSI Staff · July 19, 2016

Home security remains one of the key drivers for smart home adoption, according to a recent research report. The study also found that energy savings are a critical point of emphasis, too. SSI Staff · July 14, 2016

Reduction in IR camera prices is expected to have a positive bearing on the penetration of technology in security, surveillance and automotive markets. SSI Staff · July 12, 2016

The global market is projected to be growing annually at a rate of 7.9%. SSI Staff · July 11, 2016

Consumer electronics application is expected to hold the largest share of the IoT communication protocol market by 2022. SSI Staff · July 08, 2016

Military unmanned aerial vehicles or UAVs will remain the largest single market in value terms, accounting for more than half of total spending in 2020. SSI Staff · July 06, 2016




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