Latest report on the global smart security market that is estimated to grow at a CAGR of 18.59% over the period 2014-2019 (Sandler Research)
Smart security solutions are used to monitor the activities and behavior of people in areas that are more prone to unauthorized access or damage, such as enterprises, educational institutions, commercial buildings, and utility infrastructure. Smart security includes advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms. Thus, these solutions can secure an area from miscreants, terrorist activities, and data theft.
Adoption of intelligent security solutions for cities and their infrastructure not only provides security but also peace of mind to the residents.
The analysts forecast global smart security market to grow at a CAGR of 18.59% over the period 2014-2019.