Adoption of Residential Monitoring Security Systems Rising: Why Is This Happening?
Find out from the latest research by Parks Associates why offering connected peripherals to the basic security system is providing newfound opportunities.
Find out from the latest research by Parks Associates why offering connected peripherals to the basic security system is providing newfound opportunities.
Check out the latest installment of SSI’s Video Weekly News, a new roundup of industry news items that we highlight each Tuesday.
The residential security cameras segment posted the highest contribution of close to 22% in 2014.
Memoori’s latest research shows that even after years of global economic turbulence the physical security industry continues on an upward trajectory.
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’s free presentation targets leveraging GPS for better business operations and customer satisfaction.
The market was valued at $5 billion in 2014 and will grow at a CAGR of approximately 25%.
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.
North America is the leading video surveillance market, accounting for more than 32% of the share.
During 2015, North America outpaced the global video surveillance market with a market share of around 40%.