Electronic Security Market Growth Segment and Analysis to 2020

Technavio Announces the Publication of its Research Report Global Electronic Security Market 2016-2020

Technavio recognizes the following companies as the key players in the global electronic security market: Axis Communications, Bosch Security Systems, Honeywell Security, and Tyco Security Products.

Other Prominent Vendors in the market are: ADT Security Services, A2 Systems, ALL-TAG Security Americas, Anixter, ASSA ABLOY, AxxonSoft, Checkpoint Systems, Delphi, FLIR Systems, Gallagher¸ Genetec, Hikvision Digital, Intergraph, Ketec, Lenel Systems, Nedap, NetVersant, Nortek Security, Panasonic, S2 Security, Salient Systems, Samsung Techwin, Siemens, and videoNEXT.

Browse full report with TOC@ https://marketreportscenter.com/reports/374131/global-electronic-security-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Rising adoption of electronic security products by SMEs will be a key trend for market growth. Many SMEs, particularly in the manufacturing, retail, and banking sectors, are adopting electronic security products to protect their premises and data. SMEs generally do not possess the required skills or resources to evaluate security products or deploy, integrate, and manage the security infrastructure. Therefore, they opt for electronic security products to monitor and maintain security. SMEs also seek vendors' help to monitor the network in real time for unauthorized network intrusions and virus attacks. The high adoption of electronic security products by SMEs is therefore expected to drive the growth of the electronic security products market.”

According to the report, development of smart cities will be a key driver for market growth. Due to the emergence of several smart city campaigns and initiatives across the globe, electronic security has become a critical part of city’s core mandate as it has the ability to provide faster, real-time data for better safety and security standards. Furthermore, rising...