Surveillance plays a major role in ensuring public safety. The growing importance toward protecting personnel, property, and content has given rise to the need for security. National security, network security, and personal info ....see more
The Video surveillance market is expected to grow from USD 54.42 billion in 2024 to USD 88.71 billion by 2030, at a compound annual growth rate (CAGR) of 8.5% during the forecast period.The key players Hangzhou Hikvision Digital Technology Co., Ltd. (China), Dahua Technology Co., Ltd (China), Honeywell International Inc. (US), Motorola Solutions, Inc. (US), Bosch Sicherheitssysteme GmbH (Germany).
The global access control as a service market is expected to grow from USD 1.34 billion in 2024 to USD 3.06 billion by 2029, at a compound annual growth rate (CAGR) of 17.9% during the forecast period.The key players are Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Thales (France), ASSA ABLOY Group (Sweden), dormakaba Group (Switzerland), Identiv, Inc. (US), Kastle Systems (US), AMAG (US), Brivo Systems, LLC. (US), and Cloudastructure Inc. (US).
The AI in video surveillance market is expected to grow from USD 3.90 billion in 2024 to USD 12.46 billion by 2030, at a compound annual growth rate (CAGR) of 21.3% during the forecast period.The key players Hikvision Digital Technology Co., Ltd. (China), Dahua Technology Co., Ltd. (China), Motorola Solutions, Inc. (US), Milestone Systems A/S (Denmark), SenseTime (Hong Kong), Irisity (Sweden), NEC Corporation (Japan), Axis Communications AB (Sweden), Genetec Inc. (Canada), Hanwha Vision Co., Ltd., (South Korea), BriefCam (US), MOBOTIX AG (Germany), Teledyne Technologies Incorporated (US), Honeywell International Inc. (US), VIVOTEK Inc. (Taiwan), Verkada Inc. (US), Morphean SA (Switzerland), Bosch Sicherheitssysteme Gmbh (US), i-PRO (Japan), Camcloud (Canada), Ivideon (Russia), Hakimo, Inc. (US), promiseQ Gmbh (Germany), Rhombus Systems (US), Umbo Computer Vision Inc. (US) .
The global smoke detectors market is expected to grow from USD 2.68 billion in 2024 to USD 3.76 billion in 2029, at a compound annual growth rate (CAGR) of 7.0% during the forecast period. Tha key players Johnson Controls (Ireland), Robert Bosch GmbH (Germany), Hochiki Corporation (Japan), Siemens (Germany), and Honeywell International Inc. (US)
The SWIR market is expected to grow from USD 631 million in 2024 to USD 1,068 million by 2029, at a compound annual growth rate (CAGR) of 11.1% during the forecast period.The key players Teledyne FLIR LLC (US), Allied Vision Technologies GmbH (Germany), Collins Aerospace (US), Corning Incorporated (US), and Leonardo DRS (US).
The global biometric system market size is expected to grow from USD 47.2 billion in 2024 to USD 84.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.3% during the forecast period. The key players Thales (France), IDEMIA (France), NEC Corporation (Japan), ASSA ABLOY (Sweden), Fujitsu (Japan) Precise Biometrics (Sweden), secunet Security Networks AG (Germany), Anviz Global Inc. (US), Aware inc. (US), Cognitec Systems GmbH (Germany).
The people counting system market is expected to grow from USD 1.2 billion in 2024 to USD 2.1 billion by 2029, at a compound annual growth rate (CAGR) of 11.6 % during the forecast period.The key players Axis Communications AB. (Sweden), Axiomatic Technologies Ltd (UK), DILAX Intelcom GmbH (Germany), Eurotech S.p.A. (Italy), FootfallCam (UK), Hangzhou Hikvision Digital Technology Co., Ltd. (China), HELLA AGLAIA MOBILE VISION GMBH (Germany), IEE Smart Sensing Solutions (Luxembourg), iris-GmbH infrared & intelligent sensors (Germany), Irisys (InfraRed Integrated Systems Ltd) (UK), RETAILNEXT, INC. (US), SensMax (Latvia), Sensormatic Solutions (US), VIVOTEK Inc. (Taiwan), and V-Count (UK). Clever Devices Ltd. (New York), CountWise (US), DELOPT (India), Density (US), Infodev EDI inc. (Canada), Inkryptis AI (India), SenSource (US), Teledyne Technologies Incorporated. (US), Traf-Sys (US), and Xovis AG (Switzerland).
The global IR spectroscopy market is expected to grow from USD 1.2 billion in 2024 to USD 1.6 billion by 2029, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players Shimadzu Corporation (Japan); ZEISS (Germany); PerkinElmer Inc. (US); Agilent Technologies, Inc. (US); Bruker Corporation (US).
The security screening market is expected to grow from USD 9.4 billion in 2024 to USD 13.2 billion by 2029, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.The key players OSI Systems, Inc. (US), Smiths Detection Group Ltd. (UK), Leidos (US), Thales (France), NEC Corporation (Japan), Teledyne Technologies Incorporated. (US), Bruker (US), Analogic Corporation (US), Astrophysics Inc. (US), LINEV Group UK), Nuctech (China), 3DX-RAY (UK), Metrasens (England), Gilardoni S.p.A. (Italy), Westminster Group (England), Garrett Metal Detectors (US), Autoclear (US), Vidisco Ltd. (Israel), Neurotechnology (Lithuania), DERMALOG Identification Systems GmbH (Germany), Daon (US), C.E.I.A. S.p.A. (Italy), Aware Inc. (US), Scanna (UK), and Precise Biometrics (Sweden).
The Digital Scent Technology market is expected to grow from USD 1.2 billion in 2024 to USD 2.0 billion by 2029, at a compound annual growth rate (CAGR) of 10.5% during the forecast period. The key players Siemens (Germany), Amphenol Corporation (US), Sensirion AG (Switzerland), Honeywell International Inc. (US), Renesas Electronics Corporation (Japan), Envirosuite Ltd (Australia), Alpha MOS (France), Electronic Sensor Technology (US), Aromajoin Corporation (Japan), Figaro Engineering Inc. (US), Bosch Sensortec GmbH (Germany), and Alphasense (UK).
The Access control market is expected to grow from USD 10.4 billion in 2024 to USD 15.2 billion by 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The key players ASSA ABLOY (Sweden), dormakaba Group (US), Johnson Controls (Ireland), Allegion Plc (Ireland), Honeywell International, Inc. (US), Identiv, Inc. (US), Nedap N.V. (Netherlands), Bosch Security Systems GmbH (Germany), Thales (US), AMAG Technology (US), Axis Communications AB (Sweden), Gunnebo Safe Storage AB. (Austria), NEC Corporation (Japan), GALLAGHER GROUP LIMITED (NewZealand), Brivo Systems, LLC. (US), SALTO Systems, S.L. (Spain), IDEMIA (France), Vanderbilt industries (UK), Cansec Systems Ltd. (Canada), Securitas Technology (US), Datawatch Systems (US), Telcred (Sweden), Forcefield Security (France), and Kisi Inc. (US)
The global security solutions market is expected to grow from USD 354.7 billion in 2024 to USD 502.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The key players significant Tier I and II players like Johnson Controls (Ireland), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), ADT (US), Hangzhou Hikvision Digital Technology Co., Ltd. (China).
The global mobile video surveillance market is expected to grow from USD 2.7 billion in 2024 to USD 3.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.9% during the forecast period.The key players significant Tier I and II players like Hangzhou Hikvision Digital Technology Co., Ltd. (China), Zhejiang Dahua Technology Co., Ltd. (China), Axis Communications AB (Sweden), Robert Bosch GmbH (Germany), Hanwha Vision Co., Ltd. (South Korea).
The global X-ray inspection system market is expected to grow from USD 0.8 billion in 2023 to USD 1.1 billion by 2028, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.The key players Mettler Toledo (US), Nordson Corporation (US), Comet Group (Switzerland), Anritsu (Japan), Viscom AG (Germany), North Star Imaging Inc. (US), Nikon Corporation (Japan), Ishida Co. Ltd. (Japan), Omron Corporation (Japan), and Toshiba IT & Control Systems Corporation (Japan).
The global night vision devices market is expected to grow from USD 7.5 billion in 2023 to USD 11.2 billion by 2028, at a compound annual growth rate (CAGR) of 8.4 % during the forecast period.The key players Teledyne FLIR LLC (US), L3Harries Technologies Inc (US), RTX (US), BAE Systems (UK), Elbit Systems Ltd (Israel), Leonardo S.P.A (Italy), and Thales (France).
The embedded security market is expected to grow from USD 7.4 Billion in 2023 to USD 9.8 Billion by 2028, at a compound annual growth rate (CAGR) of 5.7% during the forecast period.The key players Infineon (Germany), STMicroelectronics (Switzerland), NXP (Netherlands), Qualcomm(US), Thales Group(France), Microchip Technology (US), Samsung (South Korea), Texas Instruments (US), IDEMIA (France), and Renesas (Japan).
The global commercial security system market is expected to grow from USD 222.86 billion in 2025 to USD 381.66 billion by 2030, at a compound annual growth rate (CAGR) of 11.4% during the forecast period. The Key Players Honeywell International Inc. (US), Bosch Sicherheitssysteme GmbH (Germany), NEC Corporation (Japan), Johnson Controls (US), Thales (France), Axis Communications AB (Sweden), ASSA ABLOY (Sweden), IDEMIA (France), Teledyne Technologies Incorporated (US), and Identiv, Inc. (US).
The global automated border control market is expected to grow from USD 2.1 billion in 2023 to USD 3.9 billion by 2028, at a compound annual growth rate (CAGR) of 13.3% during the forecast period.The Major Players Vision-Box (Portugal), SITA (Netherlands), Secunet Security Networks AG (Germany), IDEMIA (France), Thales (France), NEC Corporation (Japan), Indra Sistemas, S.A. (Spain), Gunnebo AB (Sweden), and HID Global Corporation (US).
The global 3D camera market is expected to grow from USD 3.6 Billion in 2023 to USD 9.1 Billion by 2028, at a compound annual growth rate (CAGR) of 20.3% during the forecast period.The major players FARO (US), Matterport, Inc. (US), Ricoh Co., Ltd. (Japan), Leica Geosystems AG (Switzerland), Panasonic Holdings Corporation (Japan).
The GPS tracking device market size is expected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028, at a compound annual growth rate (CAGR) of 13.1% during the forecast period.The Key players CalAmp Corp. (US), Orbcomm Inc. (US), Sierra Wireless, Inc. (Canada), Shenzhen Concox Information Technology Co., Ltd. (China), Queclink Wireless Solutions Co., Ltd. (China), TomTom International BV (Netherlands), Teltonika UAB (Lithuania), ATrack Technology Inc. (Taiwan), Ruptela (Lithuania), and Sensata Technologies, Inc. (US).
The global door and window automation market is expected to grow from USD 18.3 billion in 2022 to USD 23.6 billion by 2027, at a compound annual growth rate (CAGR) of 5.2% during the forecast period.The Key Players ASSA ABLOY (Sweden), Nabtesco Corporation (Japan), Allegion Plc (Ireland), and dormakaba Group (Switzerland).
The global home security systems market is expected to grow from USD 72.4 billion in 2025 to USD 109.4 billion by 2030, at a compound annual growth rate (CAGR) of 8.6% during the forecast period.The key players ADT (US), Resideo Technologies Inc (US), Johnson Controls (Ireland), Hangzhou Hikvision Digital Technology (China), ASSA ABLOY (Sweden), SECOM (Japan), Robert Bosch (Germany), Allegionv (Ireland), Snap One LLC (US), and ABB (Switzerland)
The global ANPR system market is expected to grow from USD 3.1 billion in 2022 to USD 4.8 billion by 2027, at a compound annual growth rate (CAGR) of 9.2% during the forecast period.The major players Kapsch TrafficCom (Austria), Siemens (Germany), Conduent, Inc. (US), HikVision (China), Q-Free ASA (Norway), Genetec, Inc. (Canada), Adaptive Recognition (Hungary), Jenoptik Group (Germany), Axis Communications (Sweden), and Nedap (Netherlands).
The smart lock market size is expected to grow from USD 2.1 billion in 2022 to USD 3.9 billion by 2027, at a CAGR of 12.9% during the forecast period. Key players in the smart lock market are ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), Honeywell International Inc. (US), Dahua Technology Co., Ltd (China), Samsung Electronics Co., Ltd. (South Korea), Vivint, Inc. (US), ZKTECO CO., LTD. (China), igloohome Pte Ltd (Singapore), RemoteLock (US), Onity (US), Master Lock Company LLC. (US), MIWA Lock Co. (Japan), SentriLock (US), Avent Security (China), HavenLock, Inc. (US), Shenzhen Vians Electric Lock Co., Ltd. (China), Anviz Global Inc. (US), CANDY HOUSE, Inc. (US), AMADAS (South Korea), Thekeywe (South Korea), Gate Video Smart Lock (US), and DESSMANN Schliessanlagen GmbH (Germany).
The backscatter X-ray devices market is expected to grow from USD 132 million in 2021 to USD 174 million by 2027, at a compound annual growth rate (CAGR) of 4.6% during the forecast period.The key players Rapiscan Systems (US), Nuctech Company Limited (China), Viken Detection (US), LAURUS Systems, Inc. (US), Scanna MSC Ltd. (UK), Autoclear LLC (US), and Tek8, Inc. (US).
The global handheld chemical and metal detector market is projected to reach USD 4.1 billion by 2027, at a CAGR of 12.4% during the forecast period. OSI Systems, Inc. (US), Teledyne Technologies Incorporated (US), Smiths Group plc (UK), Thermo Fisher Scientific Inc. (US), Agilent Technologies, Inc. (US), Bruker Corporation (US), Leidos (US), Garrett Metal Detectors (US), 908 Devices Inc. (US), and Nuctech Company Limited (China) are some of the key players in the handheld chemical and metal detector market.
The Thermal Imaging Market is expected to grow from USD 3.6 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 5.5% during the forecast period. Some of the key companies operating in the market are FLIR Systems (US), Fluke Corporation (US), Leonardo (Italy), L3HARRIS TECHNOLOGIES (US), United Technologies (US), Axis Communications (Sweden), BAE Systems (UK), Opgal (Israel), Testo (Germany), Xenics (Belgium), Thermoteknix Systems (UK), and so on.
The Contraband Detector Market Size is expected to grow from USD 3.9 billion in 2021 to USD 5.6 billion by 2026, at a CAGR of 7.5% during the forecast period. Major players in the contraband detector market include Leidos ( US), OSI Systems, Inc. (US), Smiths Group PLC (UK), Nuctech Company Limited (China), Metrasens ( UK), ADANI (US), Costruzioni Elettroniche Industriali Automatismi C.E.I.A. Spa (Italy), Berkeley Varitronics Systems, Inc. (US), Godrej Security Solutions (India) and Campbell/Harris Security Equipment Company (US) among others.
The smart card market is projected to reach USD 16.9 billion by 2026, it is expected to grow at a CAGR of 4.0% during the forecast period. Thales Group (France), IDEMIA (France), Giesecke + Devrient GmBH (Germany), CPI Card Group (US), HID Global Corporation (US), Watchdata (China), Eastcompeace (China), Inteligensa (US), ABCorp (US), and CardLogix (US) are a few major players in the smart card market.
The Palm Vein Scanner Market is expected to grow from USD 416 million in 2020 to USD 1,150 million by 2025, at a CAGR of 22.6% during the forecast period. Fujitsu Ltd. (Japan), Hitachi, Ltd. (Japan), NEC Corporation (Japan), M2SYS Technology (US), BioSec Group Ltd (Hungary), Recogtech B.V. (Netherlands), iDLink Systems Pte Ltd. (Singapore), ePortation, Inc. (US), Mofiria Corporation (Japan), BioEnable Technologies (India), and Dakar Software Systems (Malta) are the key players in the global palm vein scanner market. These players are increasingly undertaking strategies such as product launches and development, partnerships, agreements, contracts, and collaborations to increase their market share.
The Automatic Identification and Data Capture Market is expected to grow from USD 40.1 billion in 2020 to USD 80.3 billion by 2025, at a CAGR of 14.9% during the forecast period. Key players in the market include Honeywell (US), Datalogic S.p.A. (Italy), Zebra Technologies (US), SICK AG (Germany), Cognex Corporation (US), Toshiba (Japan), Panasonic Corporation (Japan), Thales (France), and NXP Semiconductors N.V. (Netherlands). These players are increasingly undertaking product launches and developments, mergers and acquisitions, expansions, contracts, partnerships, agreements, and collaborations, to increase their market shares.
The Thermal Scanners Market is expected to grow from USD 4.1 billion in 2020 to USD 6.2 billion by 2025, at a CAGR of 8.6% during the forecast period. FLIR Systems, Inc. (US), Fluke Corporation (US), Leonardo S.p.A. (Italy), L3HARRIS TECHNOLOGIES, INC. (US), and Opgal (Israel), are the key players in the thermal scanners market. These players are increasingly undertaking strategies such as product launches & developments, expansions, partnerships, agreements, contracts, and mergers & acquisitions to increase their market share.
The Situational Awareness Market is expected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, at a CAGR of 4.9% during the forecast period. General Electric (US), Lockheed Martin (US), Honeywell (US), DENSO (Japan), BAE Systems (UK), UTC (US), Microsoft (US), Barco (Belgium), AMD (US), L3Harris Technologies (US), General Dynamics (US), Xilinx (US), Qualcomm (US), Robert Bosch (Germany), Pleora Technologies (Canada), Nexvision (France), Bertin Instruments (France), Axis Communications (Sweden), Johnson Controls (Ireland), Boeing (US), Airbus (France), and Sensara (US) are some of the key players in the situational awareness market.
The Access Control Reader Market is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.5% during the forecast period. Key players in the market include ASSA ABLOY AB (Sweden), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Identiv, Inc. (US), IDEMIA Group (France), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Gemalto N.V. (Netherlands), NAPCO Security Technologies, Inc. (US), and Avigilon Corporation (Canada). These players are increasingly adopting growth strategies such as product launches and developments, mergers and acquisitions, contracts, partnerships, and agreements to develop and introduce new technologies and products in the market.
The electronic article surveillance (EAS) market is expected to grow from USD 981 million in 2019 to USD 1,173 million by 2024, at a CAGR of 3.6%. Modernizing retail sector and protection against inventory losses, shoplifting, and theft are the major driving factors for the market’s growth during the forecast period. Key players in the market include Checkpoint Systems (Canada), Johnson Controls (Ireland), Agon Systems (UK), ALL-TAG Corporation (US), Amersec (Czech Republic), TAG Company (UK), Ketec (US), WG Security Products (US), Softdel (US), Shenzhen Emeno Technology (China), Cross Point (The Netherland), Takachiho Koheki (Japan), Stanley Security (US), Shopguard Systems (Hungary), Dexilon Automation (Spain), Feltron Security Systems (UAE), and Sentry Custom Security (Canada).
The 360-degree camera market is estimated to be worth USD 473.6 million by 2018 and is expected to reach USD 1,569.2 million by 2023, at a CAGR of 27.1% between 2018 and 2023. The projected growth of this market can be attributed to the benefits of deploying 360-degree cameras in various applications and surge in the use of 360-degree cameras in the automotive sector. Samsung Electronics (South Korea), Ricoh (Japan), GoPro (US), Insta360 (China), 360fly (US), LG Electronics (South Korea), Nikon (Japan), Kodak (US), Rylo (US), Bubl (Canada), and Xiaomi (China) are the major players in the 360-degree camera market. The report profiles of companies such as Immervision (Canada), Digital Domain Productions (US), YI Technology (US), PANONO (Professional 360GmbH) (Germany), AITBOT (Shenzhen Hatoa Technology (China), Freedom360 (US), Jaunt (US), Facebook (US), Humaneyes (Israel), Sony (Japan), and Panasonic (Japan).
The overall alarm monitoring market is expected to be valued at USD 45.70 Billion in 2018 and is likely to reach USD 59.83 Billion by 2023, at a CAGR 5.5% between 2018 and 2023. The major factors driving the growth of the alarm monitoring market include attractive insurance policy discounts for installing security systems and increasing popularity of smart homes and home automation systems. The report also profiles the most promising players in the alarm monitoring market. The competitive landscape provides a picture of the strategies adopted by a large number of the players in the market. The key players in the alarm monitoring market include ADT (US), Moni (US), Honeywell (US), Securitas (Sweden), UTC (US), Schneider (France), Johnson Controls (US), Vivint (US), Vector Security (US), and Bosch (Germany).
The InGaAs camera market is expected to be valued at USD 132.6 Million by 2023 from USD 78.5 Million in 2017, at a CAGR of 9.1% between 2017 and 2023. Some of the major players in this market are Hamamatsu (Japan), First Sensor (Germany), Jenoptik (Germany), Teledyne Technologies (US), Luna (US), Lumentum (US), Laser Components (Germany), Albis Optoelectronics (Switzerland), Thorlabs (US), Sensors Unlimited (US), FLIR Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Raptor Photonics (UK), Sofradir (France), Princeton Instruments (US), Photon (Canada), Fermionics Opto-Technology (US), AC Photonics (US), GPD Optoelectronics (US), New England Photoconductor (US), QPHOTONICS (US), Episensors (US), and IRCameras (US).
The airborne surveillance market is expected to be valued at USD 4.42 Billion in 2017 and is expected to reach USD 5.81 Billion by 2023, at a CAGR of 4.7% during the forecast period. Major players in this market include Airbus (France), Boeing (US), Saab (Sweden), BAE Systems (UK), Raytheon (US), Lockheed Martin (US), Leonardo (Italy), FLIR Systems (US), Northrop Grumman (US), L-3 Wescam (Canada), Leica Geosystems (Switzerland), Teledyne Technologies (US), Safran (France), Thales (France), and Israel Aerospace Industries (Israel).
The overall industrial access control market is projected to grow from USD 815 million in 2017 to USD 1,318 million by 2023—grow at a CAGR of 8.3%. The growth of the industrial access control market is driven by the high adoption of access control solutions due to growing security concerns, technological advancements and deployment of wireless technology in security systems, and adoption of Internet of Things (IoT)-based security systems. Adoption of access control as a service (ACaaS) is expected to provide huge growth opportunities to market players. The industrial access control market is currently dominated by ASSA ABLOY AB (Sweden), Johnson Controls International PLC (Ireland), dormakaba Holding AG (Switzerland), Allegion PLC (Ireland), Honeywell Security Group (US), NEC Corporation (Japan), Bosch Security Systems Inc. (Germany), Identiv, Inc. (US), Siemens Building Technologies (Switzerland), and 3M company (US). A few of the major strategies adopted by these players to compete in the industrial access control market include product launches and developments, partnerships, and mergers and acquisitions.
The wireless fire detection systems market is expected to be worth USD 303.8 Million by 2020, growing at a CAGR of 7.7% between 2016 and 2020. The growth of the market is propelled by the increasing demand of these systems in retrofit installations due to the cost effectiveness and the ease involved in installing these systems. In addition, the improvement in the existing government regulations and mandates regarding fire protection systems are the major factors driving the market.
The multifactor authentication (MFA) market is estimated to grow from USD 5.2 billion in 2016 to USD 12.5 billion by 2022, growing at a CAGR of 15.5% during the forecast period. The factors that will drive the MFA market include increase in data breaches and cyber–attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises.Some of the major players in the multifactor authentication market are Safran (France), Gemalto NV (the Netherlands), NEC Corporation (Japan), 3M (US), CA Technologies (US), Fujitsu (Japan), VASCO Data Security International Inc. (US), HID Global Corporation/ASSA ABLOY AB (Sweden), RSA Security LLC (US), Suprema HQ Inc. (South Korea), and Crossmatch (US).
The industrial cooking fire protection systems market for the food manufacturing sector was valued at USD 1.74 Billion in 2015 and is expected to reach USD 2.35 Billion by 2020, at a CAGR of 6.2% during the forecast period. The food processing plants involving cooking operations have large cooking areas consisting of cooking equipment that use hydrocarbon and release a considerable amount of heat or energy.
The vehicle surveillance market is expected to grow from USD 49.93 Billion in 2015 to USD 103.21 Billion by 2022, at a CAGR of 11.1% between 2016 and 2022.The report aims to estimate the market size and future growth potential of the vehicle surveillance market across different segments such as products, vehicle types, and geography. The base year considered for the study is 2015 and the market size forecast is given for the period between 2016 and 2022.
The counterfeit money detection market is expected to reach USD 3.11 Billion by 2020, growing at a CAGR of 6.9% between 2015 and 2020. The growth of this market is driven by initiatives taken by various governments to implement the counterfeit money detectors to prevent the circulation of fake currency. On a global level, the growing number of fraudulent activities and circulation of fake currency across sectors such as retail, gaming, and banking are also the prime causes for the growth of this said market.
The automated fingerprint identification system (AFIS) market size is expected to grow from USD 3.28 Billion in 2015 to USD 8.49 Billion by 2020, at a CAGR of 21.0% between 2015 and 2020. The increasing implementation of AFIS as the secure identification system is creating a huge demand for automated fingerprint identification system solutions across the world. The major factors driving the automated fingerprint identification system market are the transformation and technology evolution from manual process to digital process and the need for secure transaction. Furthermore, due to rise in the demand for integrated automated fingerprint identification system solutions and increasing adoption of mobile payment solutions, the automated fingerprint identification system market finds huge opportunity to flourish in the next five years.
The security cameras (IR illuminator) market is expected to grow from USD 1.75 Billion in 2015 to USD 2.68 Billion by 2020, at a CAGR of 8.8%. The base year for study is 2014 and forecast is provided for 2015 to 2020. Security issues in developing countries, reduction in ASP for IP cameras, and adoption of IR illumination for better vision are the major causes of market growth.
The smart home market is estimated to grow from USD 25.38 Billion in 2015 to USD 56.18 Billion by 2020, at a CAGR of 17.2% between 2015 and 2020, while the assisted living market is estimated to grow from USD 1.20 Billion in 2015 to USD 3.96 Billion by 2020. The report aims at estimating the market size and future growth potential of smart home and ambient assisted living market across different segments such as products, services, and regions. The base year considered for the study is 2014 and the market size is forecast from 2015 to 2020. Growing geriatric population and rising demands for managed healthcare are expected to play a key role in fueling the growth of the AAL market in the next five years. Increased security and safety concerns, rising demands for energy savings, and low carbon emission-oriented solutions are driving the growth of the smart home market
The global collision avoidance system market is expected to grow from USD 31.19 Billion in 2014 to USD 50.38 Billion by 2020 at a CAGR of 7.74% between 2015 and 2020. The market is expected to be driven by the growing focus of consumers and OEMs on safety features of vehicles, government regulations, influence of the New Car Assessment Programs (NCAPs), and encouragement from insurance companies by reducing the premium for vehicles with collision avoidance systems.
The global DIY home automation market is expected to reach USD 21.30 Million by 2020 at a CAGR 37.9% between 2015 and 2020. The Americas and Europe held the major share of the market, whereas APAC is the fastest growing region. The DIY home automation market is driven by the increasing demand of energy efficient solutions and the rising security concerns. The growth opportunities in the DIY home automation market are being witnessed due to the increasing adoption of automated services, government incentives for green initiatives, and the lower cost of DIY systems compared to professionally installed systems.