|By Business Wire||
|March 3, 2014 01:48 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/5gjf6x/the_us_electronic) has announced the addition of the "The US Electronic Security Industry Outlook to 2017- Video Surveillance and Integrated Solutions to Lead the Market" report to their offering.
The US has been the largest market for the electronic security products worldwide for several past years. The demand for the electronic security systems continues to be driven by a high perceived risk of crime, despite a long-term trend of falling crime rates. It registered revenues of USD - million in 2012 which grew over by 4.2% from 2011 figure of USD - million.
The electronic security industry of the US is marked by ongoing technological improvements that enhance the functionality, ease of usage and operational speed of security systems. The increased constructional spending by the private and public sector and falling prices of electronic security equipments have propelled the industry revenues by increasing market penetration across an enlarging customer base. The electronic security industry in the US has grown at a CAGR of 3.1% from USD - million in 2006 to USD - million in 2012.
The electronic security market of the US is highly fragmented and competitive with majority of the companies adopting inorganic growth rote for expansion and diversification. ADT Security is the largest player which recorded USD - as RMR for the year 2012. Other major players include Tyco International, Stanley Convergent Security Solutions, Monitronics, Protection One, Diebold Security and others. The electronic security market of the US has witnessed a shift in terms of growing demand of the integrated comprehensive security solutions which provide a common operative interface. The revenues from the electronic security industry in the US are expected to expand to USD - million in 2017, growing with a CAGR of 5.6% from 2012 to 2017.
- Monitronics International
- Protection One
- Slomins Inc.
- Guardian Protection Services
- Vector Security Inc
- Security Networks
- Central Security Group
- ASG Security
- Security Systems Inc.
- Tyco Integrated Security
- Stanley Convergent Security
- Vivint Inc.
- Monitronics International
For more information visit http://www.researchandmarkets.com/research/5gjf6x/the_us_electronic
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Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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