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Home Security System Market to Surpass 13% Growth With Security Cameras Contributing Max Growth to 2019PUNE, India, December 22, 2015 /PRNewswire/ -- The global home security system market is projected to grow at a remarkable rate of above 13% during the forecast period as the rising incidents of security concerns have led to increased safety measures by residential dwellings. Advancement in technology and emergence of smart homes has led to the rise of integrated home security systems, which can be connected to smartphones and enable the monitoring of residences from remote locations. Complete report on home security system market spread across 90 pages, analyzing 6 major companies and providing 61 data exhibits is now available at http://www.reportsnreports.com/reports/450171-global-home-security-system-market-2015-2019.html. With the improving economic conditions in Europe, vendors in the market are increasingly investing in R&D. The market is witnessing the introduction of many innovative applications and solutions such as advances in video asset management solutions. In addition, the main aim of vendors is to reduce the cost of expansion, storage, and maintenance of security solutions. The changes in consumer preferences are forcing vendors to deliver innovative residential security solutions with high efficiency to survive the commoditization in the market. This trend will help Europe to stay competitive in the market among other regions. Segmentation of the home security system market by product are Electronic and smart locks, Alarms, Security cameas, Security solutions, DIY home security and Sensors and detectors. In 2014, the security cameras segment of the global home security system market noted the highest contribution of close to 22%, and this trend is expected to continue in the next five years. Security cameras are embedded with features such as Wi-Fi connectivity, rechargeable and replaceable batteries, accessibility on Android and iOS devices through apps. Order a copy of Global Home Security System Market 2015-2019 report @ http://www.reportsnreports.com/purchase.aspx?name=450171.
The other related report on Home Security is Global Home Automation System Market 2015-2019. Analysts forecast the Global Home Automation market to grow at a CAGR of 56.75% over the period 2014-2019. The Global Home Automation market can be segmented into four product segments: HVAC Control System, Security and Access Control System, Lighting Control System, and Others. The key players in the market are ABB, Honeywell International, Schneider Electric and Siemens. And the other prominent vendors are Acuity Brands, AMX, Control4, GE and Johnson Controls. Access the complete report at http://www.reportsnreports.com/reports/328548-global-home-automation-system-market-2015-2019.html. Explore other new reports on IT & Telecommunication Market http://www.reportsnreports.com/market-research/information-technology/. About Us: ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more. Contact: Connect With Us on: Facebook: https://www.facebook.com/ReportsnReports/ LinkedIn: https://www.linkedin.com/company/reportsnreports Twitter: https: //twitter.com/marketsreports G+ / Google Plus: https://plus.google.com/111656568937629536321/posts RSS/Feeds: http: //http://www.reportsnreports.com/feed/l-latestreports.xml SOURCE ReportsnReports |