Technavio announced the top six vendors for the global residential and commercial security market in its latest report.
To identify the top vendors, Technavio’s market research analysts considered the top contributors to the overall revenue of the market. The report considered revenue generated from sales in these security solutions: video surveillance systems, intruder alarms, software and access control systems.
“Rise in criminal activities, thefts and unauthorized access to residences has prompted homeowners to adopt security systems,” said Amrita Choudhury, a Technavio analyst for IT security. “Many residential buildings are being equipped with a special platform that will help residents remotely control electronic devices with their mobile devices such as smartphones, tablets and laptops. Remote management includes energy management, lighting control, controlling safety and security, and electronic locks.”
