What is Smart SecurityMarket?
Smart security is a solution which is used to observe the people’s behavior in public places such enterprises, educational institutions, commercial building and similar other utility infrastructure that are vulnerable to attack and damage. This security system works as a preventive tool against criminal activities and data theft. It includes IP surveillance cameras, integrated perimeter intrusion prevention systems, bio-metric access control system and wireless alarm among others.
Market Trend
Growing Adoption of Cloud Based Video Surveillance Systems, Remote Arming of Home Security Systems, Increasing use of Pocket Drones and Rising Use of Mobile Application Based Services
Market Drivers
Growing Demand for Public Safety, Rising Crime Rates and Cyber-attack and Growing Urbanization and Infrastructural Development
Opportunities
Smart City Project in Developing Countries, Growing Automation Across Industries and Increasing Internet Penetration and Digitization
The Players Covered in the Study are:
Bosch Security Systems [United States], Honeywell Security [United States], Axis Communications [Sweden], NICE Systems (Qognify) [United States], Tyco International [Ireland], FLIR System [United States], Hanwha Techwin [South Korea], Schneider Electric [France], S2 Security [United States], Anixter [United States], March Networks [Canada], Genetec [Canada] and AxxonSoft [Germany]
Regulatory Framework:
Smart security solutions are subjected to data breach and it requires strong data protection laws. Global organization such as General Data Protection Regulation (GDPR) has stern rule regarding public data breach where companies are liable to pay 4 % of their annual turnover or €20 million, whichever is greater, in case of public data breach.
Available Customization:
List of players that can be included in the study on immediate basis are DVTEL, INC [United States], Symantec Corporation [United States], Trend Micro [Japan], Kaspersky Lab [Russia], LookingGlass [United States], OPAQ Networks, Inc. [United States], Barracuda Networks [United States], Napco Security Technologies, Inc. [United States], Panasonic System Networks Co., Ltd. [Japan] and Comodo Group [United States].