Market Research Report Alarm Monitoring Services Market Report 2018
Analysis of Global Alarm Monitoring Services Market
Report 2018-2022
A new report released by Businessindustryreports.com titled
“Global Alarm Monitoring Services Market 2018” that targets
and provides comprehensive market analysis with future
prospects to 2022. The Alarm Monitoring Services Market
report broadly provides the in-depth study of market growth,
trends, share, industry overview, size and top players.
Global Alarm Monitoring Services Market Overview:
According to Market Analysts Global Alarm Monitoring Services Market size is to maintain the
average annual growth rate of 5.57% from 36800 million $ in 2014 to 43300 million $ in 2017.
Market analysts believe that Alarm Monitoring Services Market size will be further expanded, the
market size of the Alarm Monitoring Services will reach 56710 million $ by 2022.
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The major factors driving the growth of the alarm monitoring services market include attractive
insurance policy discounts for installing security systems and increasing popularity of smart homes
and home automation systems.
The Alarm Monitoring Services Market is segmented based on Technology, Input Signal (Discrete,
Analog and Protocol), Application and Region. On the basis of type, the market is sub-segmented
into Wired telecommunication network, Cellular wireless network, Wireless radio network and IP
network. Wired telecommunication network held the largest share of the alarm monitoring market.
On the basis of Application, the market is sub-segmented into Equipment monitoring, Vehicle alarm
monitoring, Building alarm monitoring and Environment monitoring. Residential buildings to hold a
larger share of the market for building alarm monitoring throughout the forecast period.
Regionally, North America is in the forefront in the evolution and development of alarm monitoring
technology as this region is home to some of the largest multinational corporations in the world.
Increased R&D in the field of remote monitoring, home automation systems are major factor driving
market growth in North America.