Tag: Vaibhav Chaudhari
Global home security system market to near $75 billion by 2023
September 17, 2018Spencer Ives
PUNE, India—MarketsandMarkets, a research firm based here, recently published a study on the global home security system market. Analysts talk with Security Systems News about key technologies, growth predictions and potential market challenges.MarketsandMarkets valued the global home security systems market at $40.66 billion in 2017 and expects it to reach $74.75 billion by 2023, at a CAGR of 10.4 percent from 2018 to 2023.MarketsandMarkets segmented the market into four geographies: the Americas,...
Global biometrics market to grow at nearly 17 percent CAGR
March 1, 2017Spencer Ives
PUNE, India—Research firm MarketsandMarkets expects the global biometrics market to reach almost $33 billion by 2022, with North America being a large portion of the market.“North America will continue to be the largest region for [the] biometric system market in 2022,” Sachin Garg, MarketsandMarkets' associate director - electronics & semiconductor, told Security Systems News in an email interview.“The regulatory-driven activities and initiatives taken by the governments...