Residential Security Market in Europeworth USD $1,867.5 Million, Globally by 2021: Market Research Store
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Residential security system includes various components such as surveillance systems, intruder alarms, access control systems and software. Residential security is a part of physical security that assures the security of homes and individual. With increasing instances of criminal activities such as burglary and theft in residential buildings and among the aging people has resulted into growing demand for residential security systems in
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Key factor driving demand for residential security in
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Surveillance systems, intruder alarms, access control systems and software are the key segment of residential security market. Surveillance systems segment dominated the residential security market in 2014 with around 35% share in total market. Surveillance systems are witnessing strong demand from end users. However, it is expected to decrease in its market share during the forecast period owing to availability of different substitutes such as cloud-based services. Access control systems market is expected to exhibit fastest growth rate during the forecast period.
Some of the key industry participants in residential security market include
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This report segments the
Residential Security Market: Product Segment Analysis
Surveillance Systems
Intruder Alarms
Access Control Systems
Software
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