Boosting Demand Of Fire Alarm & Detection Market Due To Increasing Safety Concerns Among Various End-Users Till 2025

The global fire alarm market size is expected to reach USD 23. 2 billion by 2025, according to a study by Grand View Research, Inc., registering a CAGR of 4.3% during the forecast period. Fire alarm and detectors can protect assets, avoid casualties, and prevent property damages by raising alerts about a fire outbreak at an early stage. Recent accidents, such as the Grenfell Tower fire in London in June 2017, have triggered the need to equip high rise towers with effective fire alarm and detection systems. Growth in new residential and commercial construction activities as well as renovation projects, and subsequent need to upgrade existing fire alarm and detection systems are also emerging as key factors driving fire alarm and detection market growth.

Advances in technology have resulted in introduction of wireless and quick response systems that can detect the exact location of the fire and curb false alarms. These systems are suitable for large-scale applications. However, these systems are expensive as they incorporate several electronic components and devices. Conventional systems are preferred for small-scale applications owing to cost constraints.

Fire safety norms are particularly stringent in North America and Europe. Moreover, the two regions are home to prominent market players, such as Emerson Electric Co., Fike Corporation, Gentex Corporation, and Halma plc. Hence, the North American and European regional markets are currently dominating the fire alarm market. However, regional markets in emerging economies, such as India and China, are expected to exhibit a higher CAGR over the forecast period in line with growing awareness about fire safety.

Browse full research report on Fire Alarm & Detection Market: www.grandviewresearch.com/industry-analysis/fire-alarm-market  

                          

Further key findings from the study suggest:         

            

• Rising adoption of fire alarm & detection systems in response to stringent fire safety norms has propelled the growth of the global market, which is expected to register a CAGR of over 4.0% during the forecast period
• Addressable systems are expected to emerge as the largest segment, projected to reach a value of USD 17.2 billion by 2025. This is owing to numerous benefits, such as quick response time, high reliability, and reduced cabling, offered by addressable alarm technology
• Market size of the smoke detectors segment is projected to reach USD 10.4 billion over the forecast period. This can be attributed to the affordability of smoke detectors as well as their capability to detect low-intensity fires
• The market for alarm & detection systems used in commercial applications is expected to continue dominating the overall market over the forecast period, and the market size of the segment is expected to exhibit a CAGR of over 4.5%
• North America is currently the largest market and is expected to remain so over the forecast period. The region is known for early adoption of fire detection technology and is also home to leading market players
• Emersion Electric Co.; Fike Corporation; Gentex Corporation; Halma plc; Hochiki Corporation; and Honeywell International, Inc. are some of the prominent players in the market.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies                                                                                                                                                                                     

Grand View Research has segmented the global fire alarm & detection market based on alarm technology, detection technology, application, and region:

Fire Alarm & Detection Alarm Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Conventional Systems
• Addressable Systems

Fire Alarm & Detection Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Flame Detectors
• Smoke Detectors
• Heat Detectors

Fire Alarm & Detection Application Outlook (Revenue, USD Million, 2014 - 2025)

• Commercial
• Industrial
• Residential

Fire Alarm & Detection Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Mexico
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• MEA

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-fire-alarm-detection-market                                                                                                                                                   

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Threat Intelligence Market Will Reach $12.6 Billion By 2025: Grand View Research, Inc.

The global threat intelligence market is anticipated to reach USD 12.6 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breach through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking to incorporate advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solution.

Organizations are preferring the use of cloud security as the cost incurred in the implementation of the on-premise solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops the unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

Browse full research report on Threat Intelligence Market: www.grandviewresearch.com/industry-analysis/threat-intelligence-market                             

Further key findings from the study suggest:          

           

• The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
• The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
• The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
• BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
• Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
• The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
• Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/communication-services                                                                                                                                                                                      

Grand View Research has segmented the threat intelligence market on the solution, services, deployment, application and region:

Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Unified threat management
• SIEM
• IAM
• Incident Forensics
• Log Management
• Third Party risk management

Services Outlook (Revenue, USD Million, 2014 - 2025)

• Professional services
• Managed Service
• Subscription Services
• Training & Support

Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud-based
• On-Premise

Application Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• IT & Telecom
• Healthcare
• Retail
• Government & Defense
• Manufacturing
• Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-threat-intelligence-market                                                                                                                                                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Digital Signage Market Is Witnessing Significant Growth Due To Increasing Demand For 3D & Interactive Digital Signage Till 2025

The global digital signage market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

Browse full research report on Digital Signage Market: www.grandviewresearch.com/industry-analysis/digital-signage-market     

               

Further key findings from the study suggest:          

           

• LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
• Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years
• The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
• The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities
• The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
• The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base
• The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
• The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/display-technologies                                                                                                                                                                             

Grand View Research has segmented the global digital signage market based on types, components, technologies, applications, locations, content categories, sizes, and regions:

Digital Signage Type Outlook (USD Million; 2014 - 2025)

• Video walls
• Video screens
• Transparent LED screens
• Digital posters
• Kiosks
• Others

Digital Signage Component Outlook (USD Million; 2014 - 2025)

• Hardware
• Software
• Services

Digital Signage Technology Outlook (USD Million; 2014 - 2025)

• LCD
• LED
• Projection

Digital Signage Application Outlook (USD Million; 2014 - 2025)

• Retail
• Corporate
• Banking
• Healthcare
• Education
• Transportation

Digital Signage Location Outlook (USD Million; 2014 - 2025)

• In-store
• Out-store

Digital Signage Content Category Outlook (USD Million; 2014 - 2025)

• News
• Weather
• Sports
• Health & Wellness
• Vertically Oriented Content

Digital Signage Size Outlook (USD Million; 2014 - 2025)

• Below 32 inches
• 32 to 52 inches
• More than 52 inches

Digital Signage Regional Outlook (USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-digital-signage-market 

                                                                                                                                            

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com