Thursday 9 April 2015,
The new report recognizes the following companies as the key players in the Global Security Market in Schools: Cisco Systems Inc., Schneider Electric, Secom Co. Ltd. and Supercircuits Inc.
Other Prominent Vendors in the market are: AMAG Technology, Avigilon, Camvex, Capstan Security, EagleTech Security, IQinVision, Nortech Control Systems, Omega Security Systems, Salto, Stanley Security Solutions, Sunstone, Synel, Tindall Security and Tyco.
Commenting on the report, an analyst from the report's team said: “One key trend in the market is the need for cost-effective security systems. Security systems in schools are required to detect weapons, bombs, or any other machines being carried into the school that are intended to harm an individual or place. But, as the security equipment is priced very high, educational institutions refrain from adopting these security solutions, which creates the need for cost-effective security solutions.”
According to the report, one of the major drivers of the market is a rise in terrorist attacks. As the number of terrorist attacks is increasing, the need for security in schools and educational institutions is highly important. Students have become the soft targets for criminals and terrorists, and, thus, it is the responsibility of school authorities to be equipped with proper security solutions to minimize the risk of such attacks.
Further, the report states that one major challenge in the market is the high cost of security solutions. The equipment used for security solutions is priced very high, resulting in reservations about its adoption. The cost of maintenance of such equipment is high, which leads to schools and other educational institutions preferring substitutes that are cost-effective.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Publish date : November 2014
Report code : ASDR-158077
Pages : 71