Report: Global alarm monitoring to reach US$54B by 2020
A recent report from Markets and Markets suggests that the global alarm monitoring market is expected to reach US$54.46 billion by 2020 up from US $36.29 billion in 2014, at a CAGR of 6.73 per cent.
According to a statement from the company: The report also includes the detailed profiles of various companies, currently active in the alarm monitoring market. In addition to the company profiles, the report also provides a competitive landscape (CL) of the key players in the alarm monitoring 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.