Philippines Electronic Security Industry Revenue is Expected to reach around PHP 15,500 million by 2024: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Competition in both the product and installation of the electronic security market is expected to be fierce in the future due to the new entrants in the product suppliers and also the rise in the number of system integrators Technological advancements in the industry are expected to drive the growth in the demand for electronic security systems in the country. New technologies such as Wireless based technology, IoT, AI, and others increase the benefits of the products and hence, enhance the usability for the customers. End Users: The electronic security market in the Philippines has witnessed a growth in recent years on an account of rising demand from the government, banking and commercial sectors. The surge in growth is majorly originated from growth in video surveillance systems as a segment of the electronic security market. The growth in this segment has been largely led by the government’s massive investment in public infrastructure development. The electronic security market in the Philippines is comprised of a few large companies such as Hikvision, Dahua, Uniview, Honeywell, Bosch, and Tyco which possess a large product portfolio of electronic security products. The market also consists of several unorganized players competing on the basis of prices. To learn more about this report Download a Free Sample Report Future Product Growth: IP-based video surveillance systems are expected to drive the growth of video surveillance systems by enlarging the sales of analog-based systems. On the other hand, biometric-based access control systems will gain more popularity and contribute a significant share to the market revenue by 2024. Technologies such as RFID and smart cards are expected to gain tremendous growth in the forthcoming years. Integrated electronic security systems designed by combining multiple security systems will be deployed to enhance efficiency and improve security infrastructure. Increased investments will be made by different verticals to upgrade their security systems and incorporate the latest technology devices. Research Analyst at Ken Research in their latest publication “Philippines Electronic Security Market Outlook to 2024 – Emergence of Technology Integrated Electronic System and Growth in Infrastructure Projects”, believes that technology innovation is an integral contributor to the success of any organization. Companies have to upgrade their technology and products so as to add value to their products and to have an edge over their competitors. Large companies devote adequate time and manpower in R&D and innovation and thus are able to evolve with the changing technology, while small and local companies that fail to upgrade their products or adopt advanced technologies are unable to compete in the market. The market is anticipated to register a positive CAGR of ~11.2% in terms of revenues during the forecasted period 2019P-2024. Key Segments Covered: – By Channel of Sales System Integrator Led Direct Sales By Product and Installation & Accessories Product Installation & Accessories By Type of End Users Residential Sector Non- Residential Sector Product by Type of Sector Organized Sector Unorganized Sector Product by Type of Product CCTV Camera Fire Alarm Systems Access Control Systems Intrusion Detection Systems Specialty Devices By Type of CCTV Camera Fixed CCTV Camera PTZ CCTV Camera 360 Degree Camera By Type of CCTV Camera IP Camera Analog Camera By Type of IP Camera Wireless Camera Non-Wireless Camera By Type of Camera Housing Dome Bullet Discreet CCTV By Type of Region Luzon Visayas Mindanao CCTV Camera by End Users Residential Non-Residential By Type of Fire Alarms Conventional Addressable By Type of Detection Heat Detectors Smoke Detectors Fire Alarm by Type of Region Luzon Visayas Mindanao Fire Alarm by Type of End-user: Residential Non- Residential By Type of Access Control Card-Based Hybrid (Integration of Two or Three Access Control Systems) Key Pad Biometric Access Control by Region Luzon Visayas Mindanao Access Control by Type of End Users Residential Sector Non-Residential Sector By Type of Intrusion Detection Systems Motion Sensors Infrared Beam Sensors Seismic Detectors Intrusion Detection System by Type of Region Luzon Visayas Mindanao Intrusion Detection Systems by Type of End Users Residential Sector Non-Residential Sector By Type of Specialty Devices Barriers Scanners Metal Detectors Specialty Devices by Type of End Users Residential sector Non-Residential Sector Key Target Audience Existing Electronic Security Manufacturers System Integrators New Market Entrants Government Electronic System Retailers and Online Suppliers Time Period Captured in the Report: – Historical Period: 2014-2019 Forecast Period: 2019-2024E Key Companies Covered: – OEM Hikvision Panasonic Axis Bosch HID (Hong Kong) UTC (U.S.) – Lenel, Interlogix Tyco (US) – C-Cure ICT (New Zealand) Honeywell Simplex Eduards Nohmibosai Hochiki System Integrators MEC Network Corporation Net Pacific Inc. DTSI (as of March) Esscor Guard All I3 Technologies EVI Distribution Inc. Alcon Philippines Technologies and Solutions Infinite Systems Technology Corporation Right security solutions Mustard Seed Systems Corporation Key Topics Covered in the Report: – Philippines Fire Alarm Market Key Players Philippines Access Control Market Philippines Fire Alarm Market Philippines Specialty Devices Market Share System Integrators Market Philippines Growth Drivers Electronic Security Market Margins Electronic Security Market Philippines Philippines Fixed CCTV Camera Market Philippines Card Readers Access Control Systems Market Philippines Biometrics Access Control Systems Market Philippines Keypad Access Control Systems Market Philippines Motion Sensor Intrusion Detection Systems Philippines Infrared Beam Sensor Intrusion Detection Systems For More Information On The Research Report, Refer To Below Link: – Philippines Electronic Security Market Research Report Related Reports by Ken Research: – Middle East Electronic Security Market Outlook to 2022 – By Monitoring and Surveillance (CCTV, Access Control and Intruder Detection), Restricted Entry Systems (Traffic Barriers, Turnstiles, Detectors, Automated Gates, Traffic Bollards) Middle East Cyber Security Market Outlook to 2022 – By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region Turkey Electronic Security Market Outlook to 2021 – Rising Tourist Safety Concern from Looming Threat of Neighbouring Countries Will Drive Market Growth Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 3 Tags: Advanced CCTV Market in Philippines, Ang rate ng Paglago ng Elektronikong Security sa Pilipinas, Electronic Security Industry Philippines, Electronic Security Market Philippines, Future of Philippines Electronic Security Market, Growth Drivers Electronic Security Market, HID Global Electronic Security Market 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