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(IT-NEWSWIRE.COM, May 27, 2015 ) Interactive residential security is a part of physical security and ensures the safety of residential buildings and individuals from various attacks with the help of interactive systems by reducing emergency response time. With an increase in theft and burglary in residences and a rise in the aging population in the US, the demand for interactive residential security solutions such as energy management and climate control systems and PERS has increased. The installation of physical security solutions in residences has led to a reduction in the number of criminal attacks on residences. Residential security solutions provide around-the-clock protection to residences from gas leaks, fire, and other hazards. They provide 24/7 monitoring services to homeowners and an option to raise an alert in case of emergency.
In US, such solutions are also used to monitor infants and pets at home. Also, they are accessible from any remote location through smart devices such as cell phones, tablets, and laptops.
The analysts forecast interactive residential security market in the US to grow at a CAGR of 31.87% over the period 2014-2019.
Covered in this report
The report covers the present scenario and growth prospects of the interactive residential security market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of following applications:
Energy management and climate control systems
Security and access control systems
Lighting control systems
The report, Interactive Residential Security Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Other Prominent Vendors
Electrolux Home Products
Intel-GE Care Innovations
LG Electronics U.S.A.
Radio Thermostat Company of America
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Increased demand for efficient energy solutions
Uncertain economic conditions
Increased use of wearable devices
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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