9.11% CAGR in Residential and Commercial Security Market from 2020 to 2025 | Increase in the Number of Potential Threats for Residential and Commercial End-users to Boost Market Growth | 17,000+ Technavio Research Reports

NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Residential And Commercial Security Market by Product (Surveillance systems, Access control system, and Software), End-user (Commercial security and Residential security), and Geography (APAC, North America, Europe, MEA, and South America) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the residential and commercial security market between 2020 and 2025 is USD 24.71 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Drivers
• Market Challenges

The increase in the number of potential threats for residential and commercial end-users and rising applications of integrated security solutions are some of the key market drivers. However, factors such as the increase in the number of cyberattacks on smart security systems will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report right now!

The residential and commercial security market report is segmented by product (surveillance systems, access control system, and software), end-user (commercial security and residential security), and geography (APAC, North America, Europe, MEA, and South America). APAC will be the leading region with 47% of the market's growth during the forecast period. China and Japan are the key markets for residential and commercial security in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities

Some Companies Mentioned

• AxxonSoft Inc.
• Canon Inc.
• Genetec Inc.
• Hangzhou Hikvision Digital Technology Co. Ltd.
• Johnson Controls International Plc

To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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• Electronic Access Control Systems (EACS) Market: The electronic access control systems (EACS) market has been segmented by type (authentication systems, intruder alarm systems, and perimeter security systems), application (commercial, industrial, and residential), and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report 

Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

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SOURCE Technavio