DALLAS—The global home automation market is forecasted to more than double by 2022, according to a recent Marketsandmarkets report, in part due to the Internet of Things and home automation features that save money by reducing energy consumption.
DALLAS—The North American market is, and will remain, the largest segment of the global video analytics market from 2015 to 2020 as the market grows worldwide. Cloud integration is a key trend and, while business intelligence is a rising application, security and life safety remains the top application for video analytics.
DALLAS—The North American access control market will rise to about $5 billion in 2020, up from $2 billion in 2014, while the global market will reach $10.3 billion, according to a Marketsandmarkets report.
DALLAS—The North American home automation market will grow from $2.21 billion in 2013 to $4.29 billion in 2020, a CAGR of 9.17 percent, according to Marketsandmarkets research analyst Sarmistha Biswas.
DALLAS—The global energy security market for power plants is projected to reach $67.9 billion by 2018, up from $49.27 billion in 2013, reflecting a CAGR of 6.6 percent, according to a recent report* from MarketsandMarkets, a market research firm based here.
PUNE, India—Demand among government agencies, large enterprises and tech establishments is expected to push the global physical security market, currently worth about $55 billion, to a value of $85 billion by 2018, according to a new report by the research company MarketsandMarkets.