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The global security market is anticipated to reach USD 167.12 billion by 2025LONDON, Jan. 30, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5291763 The maintenance & support segment is anticipated to witness substantial growth, owing to the need for regular maintenance, post installation. The demand for these services is expected to increase over the forecast period. The increasing number of advancements in video capturing is encouraging providers to introduce new updates in minimal time with better quality. This is further creating an opportunity for market growth. Further key findings from the report suggest: • The demand for security system has been increasing over the years, owing to the increasing awareness of safety concerns and adoption of advanced systems with real-time monitoring support • The governments of various nations such as the US, and Canada have initiated the implementation of security systems and are emphasizing on cross border safety. • The advanced systems help effectively monitor the surrounding activities with optimized power consumption • The suppliers are focusing on collaborations with other manufacturers for achieving enhanced product features and improved performance • The key players in the market are Anixter International, Inc.; Tyco International Plc.; Honeywell International, Inc.; FLIR Systems, Inc.; Axis Communications AB; and Senstar Corporation Download the full report: https://www.reportbuyer.com/product/5291763 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-security-market-is-anticipated-to-reach-usd-16712-billion-by-2025-300590137.html SOURCE ReportBuyer |