Reportstack says the Push to Reduce Retail Shrinkage will Boost the Global Residential and Commercial Security Market through 2019

Reportstack has announced a new market research report on Global Residential and Commercial Security Market 2015-2019. Growing adoption of security systems by commercial buildings has led to the growth of the Global Residential and Commercial Security Market, which is expected to post a CAGR of 15.16 percent from 2014-2019. 

Retail shrinkage is a critical issue faced by retailers that refers to the loss of a store's inventory. The commercial sector has seen a drastic rise in criminal activity, which has resulted in massive retail shrinkage and loss of credibility for organizations. “Retail shrinkage has increased because of the growing number of thefts in retail stores, which has accounted for almost 45 percent of the overall retail shrinkage,”.

Complete report available @ Global Residential and Commercial Security Market 2015-2019.

The  report also emphasizes the growing adoption of cloud-based technologies by retailers and facility owners, as it ensures a centralized, searchable repository of historical data. 

Cloud-based services can be used by facility owners worldwide without any time or location constraints. “Cloud-based services ensure low cost of ownership along with improved methods of managing the complexities involved with the huge volumes of data collected from commercial security systems,”.

About Reportstack:

Reportstack  is one of the leading distributors of market research reports in the world today. We host more than 200,000 research products from the world's top publication houses. These publications are distributed amongst 12 top industry verticals and 62 sub verticals, which are then further classified into 257 business categories and 5000 micro markets. The vast selection criterion provides granular data from the length and breadth of all these industries delivering Reportstack  members with cutting edge research products to facilitate strategic business decisions.


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