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North American access control market approaches $5 billion

Biometrics to remain the largest technology

DALLAS—The North American access control market will rise to about $5 billion in 2020, up from $2 billion in 2014, while the global market will reach $10.3 billion, according to a Marketsandmarkets report.

Global home automation market projected to hit $12.81 billion by 2020

U.S. has largest share of the market

DALLAS—The North American home automation market will grow from $2.21 billion in 2013 to $4.29 billion in 2020, a CAGR of 9.17 percent, according to Marketsandmarkets research analyst Sarmistha Biswas.

Global energy security market to reach $67b by 2018

North America will own a 30 percent global share of the technologically diverse market

DALLAS—The global energy security market for power plants is projected to reach $67.9 billion by 2018, up from $49.27 billion in 2013, reflecting a CAGR of 6.6 percent, according to a recent report* from MarketsandMarkets, a market research firm based here.

Physical security market to reach $85 billion by 2018

New applications for video surveillance, biometrics and access control expected to drive growth in North America

PUNE, India—Demand among government agencies, large enterprises and tech establishments is expected to push the global physical security market, currently worth about $55 billion, to a value of $85 billion by 2018, according to a new report by the research company MarketsandMarkets.