Global Alarm Monitoring Market is Expected to Reach USD 54.46 Billion by 2020

Date: 2015-10-29

The communication of information between an in-built alarms monitoring module installed in a building security system and a separately located remote central monitoring station to report any anomaly in ongoing operation such as malfunctioning equipment, unwanted intrusion, and emergency situations such as fire, smoke, and gas leak is known as alarm monitoring. The market is expected to reach USD 54.46 billion by 2020 from USD 36.29 billion in 2014, at a CAGR of 6.73% between 2015 and 2020.

This report provides an in-depth analysis of the global alarm monitoring market based on different types of communication technology, input signal, end user, component, and region. The different end users covered in the report include equipment monitoring, building alarms monitoring, environment monitoring, and vehicle alarms monitoring.

The report also covers the major trends being followed in the alarm monitoring market along with market dynamics, industry trends, and value chain analysis. The alarm monitoring market dynamics are categorized under four headers: drivers, restraints, opportunities, and challenges. The market related forecasts have been done using these market dynamics.

In addition to the company profiles, the report also provides a competitive landscape (CL) of the key players in the market. The CL covers market ranking analysis, mergers and acquisitions, collaborations, partnerships, new product developments, and other key growth strategies of each player. The key players covered in this report are the ADT Corporation (U.S.), ABB Ltd (Switzerland), Siemens AG (Germany), Tyco International (U.S.), UTC (U.S.), Honeywell International (U.S.), and Schneider Electric (France) among others.
The market has also been mapped on the basis of region. It has been segmented into four regions, namely, North America, Europe, APAC, and the RoW.

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