Freedonia In The News
Article Title: Report: U.S. demand for electronic security products to exceed $16B in 2019
Publication: SecurityInfoWatch, 10/21/2015
Freedonia Study: Electronic Security Products (3321)
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In a statement, the research firm said that the strengthening of new construction expenditures following the recession-impacted 2009-14 period is expected to drive gains. Additionally, a heightened perceived risk of crime due to widespread media coverage will also support gains, even as the actual number of crimes has declined in recent years. Technological advances will promote sales gains in all segments, both by providing a boost to value demand via the incorporation of value-added features and by increasing market penetration.
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