World Market Outlook for the Electronic Security Systems (ESS) Market: Rising Demand for CCTV & Video Surveillance Systems to Spearhead Market Growth
DUBLIN, Sept. 14, 2020 /PRNewswire/ -- The "Electronic Security Systems (ESS) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Electronic Security Systems (ESS) estimated at US$45.8 Billion in the year 2020, is projected to reach a revised size of US$70.4 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027. CCTV & Video Surveillance Systems, one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$36.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Alarms segment is readjusted to a revised 3.1% CAGR for the next 7-year period.
Competitors identified in this market include, among others:
Key Topics Covered:
2. FOCUS ON SELECT PLAYERS
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