FARMINGTON, Conn., Dec. 4, 2012 /PRNewswire-iReach/ -- Demand for
private contracted security services in the U.S. is projected to
increase 5.2% annually to $63.8 billion in 2016. The market will be
supported by a high perceived risk of crime (from conventional
violent and property crimes to white collar crimes and terrorism)
and a concern that public safety officials are overburdened. The
outsourcing of security activities to contracted firms, instead of
relying on in-house security, will support demand. The
privatization of some public safety operations, such as guarding
government facilities and correctional facilities management, will
also boost gains.
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Global Information Inc (GII) is pleased to present the latest
market research on the global security industry.
Private Security Services
Security services that capitalize on continuing technological
developments hold especially good prospects. For instance, both
security consulting and systems integration revenues will see
above-average growth. Security consultants and systems integrators
are able to manage a wide variety of services when creating,
upgrading or implementing security plans and when installing or
upgrading complex electronic security devices. In addition, the
trend toward more sophisticated and automated security electronics
that are increasingly integrated with other building operations
will boost growth for these services.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/fd128453-us-private-security.html
Global Home Security Solutions Market 2011-2015
The global market for home security solutions is forecast to
grow at a 8.9% CAGR over the period 2011-2015. One of the key
factors contributing to this market growth is the increasing
security concerns across the globe. The Global Home Security
Solutions market has also been witnessing the transformation from a
technology-driven to a consumer-driven industry. However, the lack
of awareness with respect to advancements in technology could pose
a challenge to the growth of this market.
Key vendors dominating this market space include Bosch Security
Systems Inc., Honeywell International Inc. and Tyco International
Ltd. Other vendors mentioned in the report are Alarm.com Inc., GE
Security Inc., AMX Corp., Control4 Corp., GE Security Inc., Home
Automation Inc., Icontrol Networks Inc. and Siemens Building
Technologies AG.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/infi253890-global-home-security-solutions-market.html
The Market for Home Control and Security Systems
Parks Associates' report finds that 14% of all U.S. broadband
households are "highly interested" in receiving security services
from their ISPs. Further, consumers with professional monitoring,
16% of all U.S. households, are also interested in the new bundling
and service options that come with Internet-enabled systems. About
40% would switch from their current monitoring provider if that
company does not offer new features such as email alerts, energy
management, and lighting automation functions, revealing the
importance of bundled services and new IP features in customer
retention and subscriber growth.
Companies including AT&T Digital Life, Time Warner, and
Comcast are entering the security market to lure first-time
security-system users and prompt current customers to switch
providers. Parks Associates research shows that communications
providers' reputations, lower fees, new benefits, and bundling
deals all contribute to a consumers desire to switch services.
Meanwhile, providers such as AT&T and ADT Security, are
investing for the long-term future of home management and health
services that enhance consumers daily lives.
This report analyzes consumer demand for IP-enabled home
systems, including security, home control, and energy management
systems. It draws from multiple surveys to highlight trends and
consumer preferences on feature sets and pricing.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/park249399-market-home-control-security-systems.html
The Security Dealer Perspective
Dealers and installers play a key role in the market for home
security systems and have an up-close view of market changes. Their
views provide insight into the how the market is evolving and how
quickly consumers will adopt the new interactive services offered
by traditional players and new entrants like Comcast and
AT&T.
This report presents Parks Associates' latest survey of security
system installers and their views on market changes including the
introduction of interactive services and the entry of broadband
providers into the space. It also extensively profiles their sales,
installations, and other business activities
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/park254767-security-dealer-perspective.html
About Global Information Inc. Global Information (GII)
(http://www.giiresearch.com) is an information service company
partnering with over 300 research companies around the world.
Global Information has been in the business of distributing
technical and market research for more than 25 years. Expanded from
its original headquarters in Japan, Global Information now has offices in
Korea, Taiwan, Singapore, Europe and the
United States.
Media Contact: Jeremy
Palaia, Global Information, Inc., 1-860-674-8796,
Press@gii.co.jp
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SOURCE Global Information, Inc.