1 / 6

Alarm Monitoring Market is expected to reach at a CAGR of 5.5% during 2020-2023

Alarm monitoring is a service wherein alarm systems installed in buildings, equipment, or vehicles are professionally monitored by a central monitoring station (CMS). The alarm systems are monitored in lieu of a monthly recurring charge. The CMS alerts security agencies or the property owner incase an alarm is triggered. Alarm monitoring is carried out to detect intrusion, fire, glass break, or rising carbon monoxide levels inside a premise.

ctom7000
Download Presentation

Alarm Monitoring Market is expected to reach at a CAGR of 5.5% during 2020-2023

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MarketsandMarkets Presents Alarm Monitoring Market is expected to reach at a CAGR of 5.5% during 2020-2023 Alarm Monitoring Market by Offering (Systems Hardware, Services), Input Signal (Discrete, Protocol), Communication Technology (Wired, Cellular, IP), Application (Building, Equipment, Vehicle Alarm Monitoring), and Geography - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/alarm-monitoring-market-110120052.html

  2. The report "Alarm Monitoring Market by Offering (Systems Hardware, Services), Input Signal (Discrete, Protocol), Communication Technology (Wired, Cellular, IP), Application (Building, Equipment, Vehicle Alarm Monitoring), and Geography - Global Forecast to 2023", was valued at USD 42.88 billion in 2017 and is expected to reach USD 59.83 billion by 2023, at a CAGR of 5.5% during the forecast period. The objectives of the report includes forecast of the Alarm Monitoring market size in terms of Offering (Systems Hardware, Services), Input Signal (Discrete, Protocol), Communication Technology (Wired, Cellular, IP), Application (Building, Equipment, Vehicle Alarm Monitoring), and Geography. Browse 64 market data Tables and 47 Figures spread through 132 Pages and in-depth TOC on "Alarm Monitoring Market - Global Forecast to 2023"

  3. The alarm monitoring market by protocol input signal  to grow at the highest CAGR during 2017–2023 Protocol inputs are electrical signals, which are formatted into a formal code that represents more complex information than that in case of discrete or analog signals. There are different types of protocols for transmitting telecom alarm data. The most widely used telemetry protocols are open standards such as SNMP, TL1, ASCII, and TBOS. The alarm monitoring market by protocol input signal is expected to grow at the highest CAGR during the forecast period. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110120052 The alarm monitoring market by cellular wireless network communication technology to grow at the highest rate during forecast period Among all the communications technology of alarm monitoring market, cellular wireless network expected to grow with the highest CAGR during forecast period. Cellular wireless network is increasingly being used for connectivity between control panels and alarm monitoring centers. It is mostly used as a backup system for connectivity incase primary lines go down. With the increasing reliability of cellular networks, the market for cellular wireless network-based alarm monitoring is expected to grow.

  4. North America to hold a major share of the alarm monitoring market in 2016 North America is expected to dominate the alarm monitoring market during the forecast period. 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. Most leading players operating in the global alarm monitoring market are based in this region. Increased R&D in the field of remote monitoring, home automation systems, and Internet of Things, in terms of new and improved technologies, is a major factor driving market growth in North America. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=110120052 ADT (US), Moni (US), Honeywell (US), Securitas (Sweden), UTC (US), Schneider (France), Johnson Controls (US), Vivint (US), Vector Security (US), and Bosch (Germany) are some of the major companies dominating the alarm monitoring market.

  5. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  6. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/alarm-monitoring.asp

More Related