Tag: Navin Rajendar
Report: Global residential security to break $30 billion
November 9, 2016Spencer Ives
LONDON—Technavio recently released a report on the residential security market, from 2016 to 2020, which projects growth for the North American market.According to the report, the global market for residential security will grow at a 7.34 percent CAGR—from $21.93 billion to $31.25 billion. The North American market will rise to about $15 billion in 2020, up from $12.51 billion in 2016, at a CAGR of 4.56 percent.“North America currently owns nearly 55 percent of the market (United...
Global physical security market to top $100 billion by 2019
January 20, 2015Spencer Ives
LONDON—The global physical security market will more than double in value to more than $100 billion between 2014 and 2019, according to a report from TechNavio. North America will remain the largest contributor to the market.“North America is dominating the market,” Navin Rajendar, senior analyst for TechNavio, told Security Systems News. “We also see that North America will continue to dominate this market although its share will drop down” from 37 percent to around...