Home Security Systems Market

Home Security Systems Market Size, Share, Industry Growth Analysis Report by Home Type (Independent Homes, Apartments), Security (Professionally Installed & Monitored, Do-It-Yourself), Systems (Access Control Systems), Services (Security System Integration Services), Global Growth Driver and Industry Forecast To 2027

Report Code: SE 6558 May, 2022, by marketsandmarkets.com

Updated on : April 24, 2023

According to the latest report by MarketsandMarkets™,Global home security systems market size is projected to reach USD 84.4 billion by 2027, growing at a CAGR of 8.2%

The growth of the home security systems industry is driven by factors such as growing awareness regarding home security systems and the emergence of the Internet of Things (IoT) and wireless technologies .

Home Security Systems Market

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 Covid-19 Impact on Home Security Market

The pandemic COVID-19 severely impacted the growth of the global home security market share in 2020. Global sales declined by 5–10% in 2020 owing to disruptions in manufacturing and temporary closure of non-essential transport. The impact of COVID-19 on major markets such as the US and China has been significantly adverse, as supply chain disruption in China resulted in a decline in the demand for home security market. The decrease in the number of new construction projects and the closure of manufacturing facilities are some of the factors affected the demand in China. However, the market recovered in 2021, with the US and China expected to remain the major countries in the home security market.

Home Security Syatems Market Dynamics :

Drivers : The emergence of the Internet of Things (IoT) and wireless technologies

IoT-based security systems ensure safety through the immediate notifications sent to users. The smart sensing detects variances in motion, heat, and sound and alerts the user. IoT makes the devices more sophisticated with the availability of a large volume of high-quality data. For instance, the use of high-definition cameras and infrared vision and night vision surveillance systems ensure the 24×7 availability of the details of any event. Motion activation records and transmits the data when actual movement happens. Digital video recording (DVR) devices help locate the clip of an event for a particular date and time from the entire recording. Thus, the introduction of IoT devices and effective wireless communication are expected to fuel the adoption of home security systems with multi-functional security options.

Restraints : High installation, maintenance, and operational costs

The adoption of home security solutions is significantly affected by the cost associated with the hardware, software, and services behind implementation of security system. The upfront installation cost in a professinalliy installed system is higher owing to expensive hardware and consultation charges. The cost of ownership too is high as the system requires timely maintenance, involves subscription fees, and replacement cost in case of any damages. Typical subscription fees charged by third-party monitoring players ranges from USD 150 to USD 1,500. Additionally, software powered with advanced analytics features are expensive and adds up to overall cost of the system.

Opportunities : Implementation of artificial intelligence (AI) and deep learning in home security systems

The AI has paved the way for automated health assessment and medical alert systems to be integrated with a complete home security system. The cognitive and physical health monitoring of the residents is also gaining traction, especially home-based monitoring of the elderly, besides increased adoption of home security systems for video surveillance, hazard detection, and access control applications. The cognitive analysis based on AI gathers and analyzes information regarding the occupant’s activities and health status. It also analyzes the behavioral and physiological patterns and the medical history of individuals to ensure safety. An in-home medical alert system consists of a base station and wireless remote devices, such as pendants, bracelets, or belt clips. The remote devices analyze personal behavior, detect the emergency, and send a signal to the base station. The base station then conveys the situation to the required authorities. The medical alert system is also helpful when kids are left alone at home and when special attention is needed with an existing critical medical condition. When used as an integrated part of the home security system, a medical alert system helps in several other ways. For instance, it can also be used to alert the monitoring station in case of other emergencies, such as burglary, intrusion, and gas leaks.

Challenges : System complexity

The home security systems are becoming complex, with the elevating number of discrete devices connected on a common platform. The integration of different devices, with varying levels of compatibilities, on a single platform, is the major design issue with security systems. The home security systems use a wide range of sensors, actuators, and other wireless devices, which generate a large volume of data. The real-time monitoring and control using the generated data create data traffic. In addition, the communication protocols, hardware, and computation resources in wireless sensor networks impose bottlenecks for seamless connectivity as well as data-handling capability. To overcome these challenges, an extensive processing of data and effective communication of the processed data with all the system components play a vital role. Another aspect of consideration is the development of energy-efficient devices for long-term monitoring and portable applications. Effective designing systems with low-power components and efficient batteries is the key challenge to achieving energy harvesting. Thus, the variations in the design and development of these platforms lead to system complexities.

Video Surveillance Systems to dominate the home security systems market

The video surveillance systems segment is expected to hold the largest share of the home security industry by systems in 2022. One of the major benefits of the video surveillance system is that it offers security, monitoring, and analysis of suspicious movements of persons over a perimeter. Hardware products—such as cameras, monitors, servers, storage units, and other accessories—form a major part of the video surveillance systems. The hardware products that are currently available in the market are cost effective and technologically advanced. High-definition (HD) cameras, panoramic cameras, and body-worn or spy cameras are among the most recent and attractive trends in the video surveillance market.

Security system integration services to dominate the market in 2022

The demand for home security systems integration services to dominate the home security industry by services in 2022. Security system integration includes the proper installation of hardware products, including smart locks, controllers and readers, emergency security systems, and monitoring devices such as TVs and PDAs. According to the situation, the system integration includes enabling all such devices to connect and transmit communication signals. Various communication technologies used in the security system include NFC, ZigBee, Bluetooth Smart, and Wiegand 32 bit. The security system integration services also include integrating such technologies with the existing security solutions such as access control systems and intruder alarm management systems.

North America to hold the largest share of the home security systems market in 2027

The region is at the forefront of implementing access control systems to improve safety measures and security. The companies operating in the US, Canada, and Mexico are increasing their expertise in access control systems to offer innovative technologies and services in this segment to gain a competitive advantage over competitors from other countries and increase their shares in the access control systems market.

The mandatory fire protection and safety regulations in North America have encouraged the builders to implement fire protection systems in their building structures. Several fire protection systems and equipment manufacturers in this region offer smoke detectors, flame detectors, heat detectors, sprinklers, extinguishers, fire alarms, sirens, control panels and interfaces, fire analysis software, and many other systems. North America is a pioneer in the adoption of video surveillance safety. There is constant progress in the adoption of new technologies, such as the IP-based video surveillance system.

Home Security Systems Market  by Region

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Top Home Security Systems Companies -
Key Market Players

The home security systems companies such as ADT (US), Resideo Technologies, Inc. (US), Johnson Controls (Ireland), Hangzhau Hikvision Digital Technology (China), and ASSA ABLOY (Sweden). A few of the major strategies adopted by these players to compete in the home security systems market include product

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Home Security System Market Report Scope :

Report Metric

Detail

Market Size Value in 2022 USD 56.9 Billion
Revenue Forecast in 2027 USD 84.4 Billion
Growth Rate 8.2% CAGR

Base Year Considered

2021

Historical Data Available for Year

2018–2027

Forecast Period

2022–2027

Forecast Units

Value (USD)

Segments Covered

  • By Home type,
  • By Security,
  • By Systems,
  • By Services

Region Covered

  • North America,
  • Europe,
  • APAC,
  • RoW

Market Leaders

 Top Companies in North America 
  •  ADT LLC. (ADT) (US),
  • Resideo Technologies, Inc. (US),
  • Johnson Controls International plc. (Johnson Controls) (US)
 Key Market Driver   The emergence of the Internet of Things (IoT) and wireless technologies
 Key Market Opportunity  Implementation of artificial intelligence (AI) and deep learning in home security systems
 Largest Growing Region North America

This research report categorizes the home security systems market, by home type, security, systems, Trends,services, and region

Home Security Market Size , By Home Type:

  • Independent Homes
  • Condominiums/ Apartments

Home Security Market , By Security:

  • Professional-installed and Monitored
  • Self-installed and Professionally Monitored
  • Do-It-Yourself (DIY)

Home Security Industry, By Systems:

  • Fire Protection System
  • Video Surveillance System
  • Access Control System
  • Entrance Control System
  • Intruder Alarm System

Home Security Market Size , By Services:

  • Security System Integration Services
  • Remote Monitoring Services
  • Fire Protection Services
  • Video Surveillance Services
  • Access Control Services

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Rest of the World (RoW)
    • Middle East
    • Africa
    • South America

Recent Developments in Home Security Industry

  • In April 2022, Resideo Technologies acquired First Alert, Inc., a provider of home safety products. First Alert offers a comprehensive portfolio of detection and suppression devices, including smoke alarms, carbon monoxide (CO) alarms, combination alarms, connected fire and CO devices, fire extinguishers, and other suppression solutions.
  • In March 2022, ASSA ABLOY signed an agreement to acquire JOTEC Service & Vertriebsgesellschaft mbh, a regional leading industrial door distributor and service. The acquisition is aimed at strengthening Assa Abloy's offering in entrance automation.
  • In January 2022, Snap One acquired long-time Canadian distribution partner Staub Electronics to enhance the partner experience throughout Canada and expand the company’s North American local branch footprint.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                    FIGURE 1 MARKET: SEGMENTATION
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 RESEARCH DATA
           FIGURE 2 RESEARCH FLOW
           FIGURE 3 MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Key data from primary sources
                    2.1.3.2 Key industry insights
                    2.1.3.3 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market size through bottom-up analysis (demand side)
                               FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for capturing the market size by top-down analysis (supply side)
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                               FIGURE 6 HOME SECURITY SYSTEMS MARKET: SUPPLY-SIDE APPROACH
    2.3 MARKET BREAKDOWN & DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 41)
    FIGURE 8 HOME SECURITY SYSTEMS MARKET, 2018–2027 (USD BILLION)
    FIGURE 9 MARKET FOR CONDOMINIUMS/APARTMENTS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 10 MARKET FOR DIY SYSTEMS TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 11 MARKET SHARE (%), BY OFFERING, 2022 & 2027
    FIGURE 12 NORTH AMERICA TO DOMINATE  MARKET BETWEEN 2022–2027, BY REGION

4 PREMIUM INSIGHTS (Page No. - 46)
    4.1 ATTRACTIVE OPPORTUNITIES IN HOME SECURITY SYSTEMS MARKET, 2022–2027
           FIGURE 13 INTEGRATION OF AI AND DEEP LEARNING IN HOME SECURITY SYSTEMS TO OFFER ATTRACTIVE GROWTH OPPORTUNITIES DURING FORECAST PERIOD
    4.2 HOME SECURITY SYSTEMS MARKET, BY SYSTEM
           FIGURE 14 VIDEO SURVEILLANCE SYSTEM SEGMENT TO HVE HIGHEST GROWTH  FROM 2022 TO 2027
    4.3 MARKET, BY SYSTEMS AND COUNTRY
           FIGURE 15 VIDEO SURVEILLANCE SYSTEM SEGMENT AND US HELD LARGEST SHARES OF MARKET IN 2021
    4.4 US ACQUIRED LARGEST SHARE OF  MARKET IN 2021
           FIGURE 16  MARKET IN CHINA TO INFLUENCE HIGHEST GROWTH FROM 2022 TO 2027

5 MARKET OVERVIEW (Page No. - 48)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 17 HOME SECURITY SYSTEMS MARKET: DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Emergence of Internet of Things (IoT) and wireless technologies
                    5.2.1.2 Growing awareness regarding home security systems
                               FIGURE 18 HOME SECURITY SYSTEMS MARKET: IMPACT ANALYSIS OF DRIVERS
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation, maintenance, and operational costs
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Implementation of artificial intelligence (AI) and deep learning in home security systems
                    5.2.3.2 Worldwide proliferation of smart cities initiative
                               FIGURE 19  HOME SECURITY MARKET : IMPACT ANALYSIS OF OPPORTUNITIES
           5.2.4 CHALLENGES
                    5.2.4.1 System complexity
                    5.2.4.2 Privacy of highly confidential information
                               FIGURE 20 MARKET: IMPACT ANALYSIS OF RESTRAINTS AND CHALLENGES
    5.3 VALUE CHAIN ANALYSIS
           FIGURE 21 ORIGINAL EQUIPMENT MANUFACTURERS ADD MAXIMUM VALUE TO VALUE CHAIN OF HOME SECURITY SYSTEMS MARKET
    5.4 EMERGING TRENDS
           5.4.1 INCREASING ADOPTION OF CLOUD TECHNOLOGIES FOR SMART SURVEILLANCE

6 HOME SECURITY SYSTEMS MARKET, BY SYSTEMS (Page No. - 55)
    6.1 INTRODUCTION
           TABLE 1 HOME SECURITY MARKET , BY TYPE, 2018–2021 (USD BILLION)
           TABLE 2 MARKET, BY TYPE, 2022–2027 (USD BILLION)
    6.2 SYSTEMS
           FIGURE 22 VIDEO SURVEILLANCE SYSTEM SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 3 HOME SECURITY MARKET , BY SYSTEMS, 2018–2021 (USD BILLION)
           TABLE 4 HOME SECURITY SYSTEMS MARKET, BY SYSTEMS, 2022–2027 (USD BILLION)
    6.3 FIRE PROTECTION SYSTEM MARKET
           6.3.1 DEVELOPMENT OF INNOVATIVE AND EFFICIENT SYSTEMS TO BOOST GROWTH OF FIRE PROTECTION SYSTEMS MARKET
                    TABLE 5 MARKET FOR FIRE PROTECTION SYSTEM, BY REGION,  2018–2021 (USD MILLION)
                    TABLE 6 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY REGION,  2022–2027 (USD MILLION)
                    TABLE 7 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY COMPONENT, 2018–2021 (USD MILLION)
                    TABLE 8 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY COMPONENT, 2022–2027 (USD MILLION)
                    6.3.1.1 Hardware
                               6.3.1.1.1 Market for fire alarm devices to register highest CAGR
                               TABLE 9 MARKET FOR FIRE PROTECTION SYSTEM, BY DEVICE,  2018–2021 (USD MILLION)
                               TABLE 10 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY DEVICE,  2022–2027 (USD MILLION)
                               6.3.1.1.2 Fire sprinklers
                               6.3.1.1.3 Fire extinguishers
                               6.3.1.1.4 Secure communication products
                               6.3.1.1.5 Sensors and detectors
                               6.3.1.1.6 Radiofrequency identification (RFID)
                               6.3.1.1.7 Fire alarm devices
                               6.3.1.1.8 Emergency lighting
                               6.3.1.1.9 Voice evacuation and public products
                               6.3.1.1.10 Others
                    6.3.1.2 Software
                               6.3.1.2.1 Increasing adoption of fire modeling and simulation software to fuel market growth
                               TABLE 11 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY SOFTWARE, 2018–2021 (USD MILLION)
                               TABLE 12 HOME SECURITY MARKET FOR FIRE PROTECTION SYSTEM, BY SOFTWARE, 2022–2027 (USD MILLION)
                               6.3.1.2.2 Fire mapping & analysis software
                               6.3.1.2.3 Fire modeling & simulation software
    6.4 VIDEO SURVEILLANCE SYSTEMS
           6.4.1 INCREASING DEMAND FOR REAL-TIME MONITORING AND PERIMETER SURVEILLANCE
                    TABLE 13 MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 14 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 15 MARKET, FOR VIDEO SURVEILLANCE SYSTEM, BY COMPONENT, 2018–2021 (USD MILLION)
                    TABLE 16 HOME SECURITY MARKET , FOR VIDEO SURVEILLANCE SYSTEM, BY COMPONENT, 2022–2027 (USD MILLION)
                    6.4.1.1 Hardware
                               6.4.1.1.1 Growing demand for IP cameras to push market demand for video surveillance systems
                               TABLE 17 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY HARDWARE TYPE, 2018–2021 (USD MILLION)
                               TABLE 18 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY HARDWARE TYPE, 2022–2027 (USD MILLION)
                               6.4.1.1.2 Camera
                               TABLE 19 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY CAMERA TYPE, 2018–2027 (USD MILLION)
                               TABLE 20 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY CAMERA TYPE, 2022–2027 (USD MILLION)
                                             6.4.1.1.2.1 IP cameras
                                             6.4.1.1.2.2 Analog cameras
                               6.4.1.1.3 Monitors
                               6.4.1.1.4 Server
                               6.4.1.1.5 Storage
                               6.4.1.1.6 Others
                    6.4.1.2 Software
                               6.4.1.2.1 Market for video management software to exhibit highest CAGR
                               TABLE 21 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY SOFTWARE, 2018–2021 (USD MILLION)
                               TABLE 22 HOME SECURITY MARKET FOR VIDEO SURVEILLANCE SYSTEM, BY SOFTWARE, 2022–2027 (USD MILLION)
                               6.4.1.2.2 Video analytics software
                               6.4.1.2.3 Video management software (VMS)
                               6.4.1.2.4 Neural networks and algorithms
    6.5 ACCESS CONTROL SYSTEMS
           6.5.1 INCREASING DEPLOYMENT OF CONTROLLERS AND SERVERS TO AMPLIFY MARKET FOR ACCESS CONTROL SYSTEMS
                    TABLE 23 HOME SECURITY MARKET FOR ACCESS CONTROL SYSTEM, BY REGION,  2018–2021 (USD MILLION)
                    TABLE 24 HOME SECURITY MARKET FOR ACCESS CONTROL SYSTEM, BY REGION,  2022–2027 (USD MILLION)
                    TABLE 25 MARKET FOR ACCESS CONTROL SYSTEM, BY COMPONENT, 2018–2021 (USD MILLION)
                    TABLE 26 HOME SECURITY MARKET FOR ACCESS CONTROL SYSTEM, BY COMPONENT, 2022–2027 (USD MILLION)
                    6.5.1.1 Hardware
                               6.5.1.1.1 Rising demand for access control hardware in residential projects
                               TABLE 27 HOME SECURITY SYSTEMS MARKET FOR ACCESS CONTROL SYSTEM, BY DEVICE,  2018–2021 (USD MILLION)
                               TABLE 28 MARKET FOR ACCESS CONTROL SYSTEM, BY DEVICE,  2022–2027 (USD MILLION)
                               6.5.1.1.2 Controller/server
                               6.5.1.1.3 Card readers
                               TABLE 29 HOME SECURITY SYSTEMS MARKET FOR ACCESS CONTROL CARDS AND READERS,  BY TYPE, 2018–2021 (USD MILLION)
                               TABLE 30 HOME SECURITY MARKETFOR ACCESS CONTROL CARDS AND READERS,  BY TYPE, 2022–2027 (USD MILLION)
                                             6.5.1.1.3.1 Magnetic strip readers
                                             6.5.1.1.3.2 Proximity card & readers
                                             6.5.1.1.3.3 Smart cards & readers
                               6.5.1.1.4 Biometrics
                               6.5.1.1.5 Electronic locks
                               TABLE 31 HOME SECURITY MARKET FOR ACCESS CONTROL ELECTRONIC LOCKS, BY TYPE, 2018–2021 (USD MILLION)
                               TABLE 32 HOME SECURITY MARKET FOR ACCESS CONTROL ELECTRONIC LOCKS, BY TYPE, 2022–2027 (USD MILLION)
                                             6.5.1.1.5.1 Electromagnetic locks
                                             6.5.1.1.5.2 Electric strike locks
                                             6.5.1.1.5.3 Wireless locks
                               6.5.1.1.6 Multi-technology readers
                    6.5.1.2 Software
                               6.5.1.2.1 Rising deployment of access control software in new building projects to propel market during forecast period
    6.6 ENTRANCE CONTROL SYSTEMS
           6.6.1 INCREASING ADOPTION OF INTEGRATED ENTRANCE CONTROL SYSTEMS IN APARTMENTS AND CONDOMINIUMS
                    TABLE 33 MARKET FOR ENTRANCE CONTROL SYSTEM, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 34 MARKET FOR ENTRANCE CONTROL SYSTEM, BY REGION, 2022–2027 (USD MILLION)
    6.7 INTRUDER ALARM
           6.7.1 INCREASING CRIME RATE AND THEFTS TO POSITIVELY INFLUENCE DEMAND FOR INTRUDER ALARMS
                    TABLE 35 MARKET FOR INTRUDER ALARM, BY REGION,  2018–2021 (USD MILLION)
                    TABLE 36 MARKET FOR INTRUDER ALARM, BY REGION,  2022–2027 (USD MILLION)

7 HOME SECURITY SYSTEMS MARKET, BY SERVICES (Page No. - 79)
    7.1 INTRODUCTION
           FIGURE 23 VIDEO SURVEILLANCE SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 37 HOME SECURITY MARKET, BY SERVICES, 2018–2021 (USD MILLION)
           TABLE 38 HOME SECURITY MARKET , BY SERVICES, 2022–2027 (USD MILLION)
           TABLE 39 HOME SECURITY MARKET, BY REGION, 2018–2021 (USD MILLION)
           TABLE 40 MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.2 SECURITY SYSTEM INTEGRATION SERVICES
           7.2.1 INCREASING ADOPTION OF SECURITY SYSTEM INTEGRATION BY ACCESS CONTROL SERVICE PROVIDERS
                    TABLE 41 SECURITY SYSTEM INTEGRATION SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 42 SECURITY SYSTEM INTEGRATION SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.3 REMOTE MONITORING SERVICES
           7.3.1 COST-EFFECTIVE USER INTERFACES PROVIDED BY REMOTE MONITORING SERVICES
                    TABLE 43 REMOTE MONITORING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 44 REMOTE MONITORING SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.4 FIRE SECURITY SERVICES
           7.4.1 GROWING NEED TO MAINTAIN FIRE SECURITY SYSTEMS TO DRIVE MARKET GROWTH
                    TABLE 45 FIRE SECURITY SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 46 FIRE SECURITY SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 47 FIRE SECURITY SERVICES MARKET, BY TYPE, 2018–2021 (USD MILLION)
                    TABLE 48 FIRE SECURITY SERVICES MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.4.2 ENGINEERING SERVICES
                    7.4.2.1 Rise in demand for fire risk management services
           7.4.3 INSTALLATION AND DESIGN
                    7.4.3.1 Growing demand for installation and design services in independent homes
           7.4.4 MAINTENANCE SERVICES
                    7.4.4.1 Growing demand for testing and inspection of fire protection systems
           7.4.5 MANAGED SERVICES
                    7.4.5.1 Implementation of tested solutions in residential buildings
           7.4.6 OTHERS
    7.5 VIDEO SURVEILLANCE SERVICES
           7.5.1 MARKET FOR VIDEO SURVEILLANCE SERVICES TO EXHIBIT HIGHEST CAGR
                    TABLE 49 VIDEO SURVEILLANCE SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 50 VIDEO SURVEILLANCE SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 51 VIDEO SURVEILLANCE SERVICES MARKET, BY TYPE, 2018–2021 (USD MILLION)
                    TABLE 52 VIDEO SURVEILLANCE SERVICES MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.5.2 INSTALLATION AND MAINTENANCE
                    7.5.2.1 High cost of repair commands more demand for installation and maintenance services
           7.5.3 VIDEO SURVEILLANCE AS SERVICES (VSAAS)
                    7.5.3.1 Surging demand in security companies
                               TABLE 53 VIDEO SURVEILLANCE-AS-A-SERVICE MARKET, BY TYPE, 2018–2021 (USD MILLION)
                               TABLE 54 VIDEO SURVEILLANCE-AS-A-SERVICE MARKET, BY TYPE, 2022–2027 (USD MILLION)
    7.6 ACCESS CONTROL SERVICES
           7.6.1 ADVANCEMENTS IN CLOUD TECHNOLOGY TO PUSH DEMAND FOR ACCESS CONTROL SERVICES
                    TABLE 55 ACCESS CONTROL SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 56 ACCESS CONTROL SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 57 ACCESS CONTROL SERVICES MARKET, BY TYPE, 2018–2021 (USD MILLION)
                    TABLE 58 ACCESS CONTROL SERVICES MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.6.2 INSTALLATION & INTEGRATION
                    7.6.2.1 Integration enables devices to connect and provide communication access
           7.6.3 MAINTENANCE SERVICE
                    7.6.3.1 Increasing adoption of real-time monitoring of access control systems to raise demand for maintenance services
           7.6.4 ACCESS CONTROL-AS-A-SERVICE
                    7.6.4.1 Cost-effective operations provided by access control-as-a-services

8 HOME SECURITY SYSTEMS MARKET, BY SECURITY (Page No. - 92)
    8.1 INTRODUCTION
           FIGURE 24 PROFESSIONALLY INSTALLED AND MONITORED SYSTEMS TO HOLD LARGEST SHARE OF MARKET
           TABLE 59 HOME SECURITY INDUSTRY, BY SECURITY, 2018–2021 (USD BILLION)
           TABLE 60 HOME SECURITY INDUSTRY, BY SECURITY, 2022–2027 (USD BILLION)
    8.2 PROFESSIONALLY INSTALLED AND MONITORED SYSTEMS
           8.2.1 PROFESSIONALLY INSTALLED AND MONITORED SECURITY SYSTEMS PROVIDE USERS WITH SET OF DEDICATED CONSULTING AND ENGINEERING SERVICES
    8.3 SELF-INSTALLED AND PROFESSIONALLY MONITORED SYSTEMS
           8.3.1 INCREASING CONSUMER PREFERENCE FOR SELF-INSTALLED HOME SECURITY SYSTEMS TO DRIVE MARKET GROWTH
    8.4 DO-IT-YOURSELF (DIY)
           8.4.1 GROWING DEMAND FOR DIY SECURITY SYSTEMS TO FUEL MARKET GROWTH DURING FORECAST PERIOD

9 HOME SECURITY SYSTEMS MARKET, BY HOME TYPE (Page No. - 96)
    9.1 INTRODUCTION
           FIGURE 25 HOME SECURITY INDUSTRY FOR CONDOMINIUM/APARTMENTS TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
           TABLE 61 HOME SECURITY INDUSTRY, BY HOME TYPE, 2018–2021 (USD BILLION)
           TABLE 62 HOME SECURITY INDUSTRY, BY HOME TYPE, 2022–2027 (USD BILLION)
    9.2 INDEPENDENT HOUSES
           9.2.1 INDEPENDENT HOMEOWNERS LEVERAGE COST EFFECTIVENESS OF ADVANCED AND CONNECTED HOME SECURITY SYSTEMS
    9.3 CONDOMINIUMS/APARTMENTS
           9.3.1 GROWING DEMAND FOR INTEGRATED SECURITY SOLUTIONS IN CONDOMINIUMS/APARTMENTS

10 GEOGRAPHIC ANALYSIS (Page No. - 99)
     10.1 INTRODUCTION
               FIGURE 26 GEOGRAPHIC ANALYSIS:  MARKET (2022–2027)
               TABLE 63 MARKET, BY REGION, 2018–2021 (USD BILLION)
               TABLE 64 MARKET, BY REGION, 2022–2027 (USD BILLION)
     10.2 NORTH AMERICA
             10.2.1 PRESENCE OF STRINGENT REGULATION AND ADOPTION OF INNOVATIVE TECHNOLOGIES TO BOOST MARKET GROWTH
                       FIGURE 27 NORTH AMERICA: SNAPSHOT OF MARKET
                       TABLE 65 HOME SECURITY SYSTEMS MARKET IN NORTH AMERICA, BY COUNTRY,  2018–2021 (USD MILLION)
                       TABLE 66 MARKET IN NORTH AMERICA, BY COUNTRY,  2022–2027 (USD MILLION)
                       TABLE 67 HOME SECURITY INDUSTRY IN NORTH AMERICA, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 68 HOME SECURITY MARKET IN NORTH AMERICA, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 69 HOME SECURITY INDUSTRY IN NORTH AMERICA, BY SYSTEMS,  2018–2021 (USD MILLION)
                       TABLE 70 MARKET IN NORTH AMERICA, BY SYSTEMS,  2022–2027 (USD MILLION)
                       TABLE 71 HOME SECURITY INDUSTRY IN NORTH AMERICA, BY SERVICES,  2018–2021 (USD MILLION)
                       TABLE 72 HOME SECURITY INDUSTRY IN NORTH AMERICA, BY SERVICES,  2022–2027 (USD MILLION)
             10.2.2 US
                       10.2.2.1 Increasing demand for intelligent video surveillance systems in US
             10.2.3 CANADA
                       10.2.3.1 Low mortgage and interest rates for construction activities to drive demand for home security systems in Canada
             10.2.4 MEXICO
                       10.2.4.1 High crime rate to increase adoption of video surveillance security solutions in Mexico
     10.3 EUROPE
             10.3.1 GROWING ADOPTION OF FIRE PROTECTION SYSTEMS DURING RENOVATION OF CONVENTIONAL BUILDINGS TO FUEL EUROPEAN MARKET
                       FIGURE 28 EUROPE: SNAPSHOT OF HOME SECURITY SYSTEMS MARKET
                       TABLE 73 HOME SECURITY INDUSTRY IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 74 MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)
                       TABLE 75 MARKET IN EUROPE, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 76 HOME SECURITY INDUSTRY IN EUROPE, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 77 HOME SECURITY INDUSTRY IN EUROPE, BY SYSTEMS, 2018–2021 (USD MILLION)
                       TABLE 78 HOME SECURITY INDUSTRY IN THE EUROPE, BY SYSTEMS, 2022–2027 (USD MILLION)
                       TABLE 79 MARKET IN EUROPE, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 80 MARKET IN EUROPE, BY SERVICES, 2022–2027 (USD MILLION)
             10.3.2 GERMANY
                       10.3.2.1 Stringent regulations and privacy laws to increase demand for home security systems in Germany
             10.3.3 UK
                       10.3.3.1 Stringent regulations for fire safety to propel market growth in UK
             10.3.4 FRANCE
                       10.3.4.1 Increasing adoption of home security systems in conventional buildings to push market in France
             10.3.5 REST OF EUROPE
     10.4 ASIA PACIFIC
             10.4.1 GROWING DEMAND FOR INTELLIGENT CAMERAS IN HOUSING PROJECTS TO RAISE MARKET DEMAND IN ASIA PACIFIC
                       FIGURE 29 ASIA PACIFIC: SNAPSHOT OF HOME SECURITY SYSTEMS MARKET
                       TABLE 81 HOME SECURITY INDUSTRY IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 82 HOME SECURITY INDUSTRY IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)
                       TABLE 83 MARKET IN ASIA PACIFIC, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 84 MARKET IN ASIA PACIFIC, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 85 HOME SECURITY INDUSTRY IN ASIA PACIFIC, BY SYSTEMS,  2018–2021 (USD MILLION)
                       TABLE 86 HOME SECURITY INDUSTRY IN ASIA PACIFIC, BY SYSTEMS, 2022–2027 (USD MILLION)
                       TABLE 87 MARKET IN ASIA PACIFIC, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 88 MARKET IN ASIA PACIFIC, BY SERVICES, 2022–2027 (USD MILLION)
             10.4.2 CHINA
                       10.4.2.1 Rapid urbanization to generate demand for home security systems in China
             10.4.3 JAPAN
                       10.4.3.1 Growing emphasis by government on fire safety measures to grow market for home security systems in Japan
             10.4.4 SOUTH KOREA
                       10.4.4.1 Increasing R&D for innovative security products to drive market in South Korea
             10.4.5 INDIA
                       10.4.5.1 Increasing demand for wireless technologies and advanced cameras to raise market growth in India
             10.4.6 REST OF ASIA PACIFIC
     10.5 REST OF THE WORLD
             10.5.1 GROWING DEMAND FOR VIDEO SURVEILLANCE AND ACCESS CONTROL SYSTEMS TO BOOST MARKET IN REST OF THE WORLD
                       TABLE 89  HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY REGION,  2018–2021 (USD MILLION)
                       TABLE 90 HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY REGI0N,  2022–2027 (USD MILLION)
                       TABLE 91 HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 92 HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 93 MARKET IN REST OF THE WORLD, BY SYSTEMS,  2018–2021 (USD MILLION)
                       TABLE 94 HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY SYSTEMS,  2022–2027 (USD MILLION)
                       TABLE 95 MARKET IN REST OF THE WORLD, BY SERVICES,  2018–2021 (USD MILLION)
                       TABLE 96 HOME SECURITY INDUSTRY IN REST OF THE WORLD, BY SERVICES,  2022–2027 (USD MILLION)
             10.5.2 SOUTH AMERICA
                       10.5.2.1 Increasing adoption of security solutions by independent homeowners to influence positive demand in South America
             10.5.3 MIDDLE EAST
                       10.5.3.1 Increasing urbanization and government spending on infrastructure development in the Middle East
             10.5.4 AFRICA
                       10.5.4.1 Growing demand for security systems from residential homeowners to help grow African market

11 COMPETITIVE LANDSCAPE (Page No. - 120)
     11.1 OVERVIEW
     11.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES
               FIGURE 30  HOME SECURITY INDUSTRY : REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2017–2021
     11.3 MARKET SHARE ANALYSIS, 2021
               TABLE 97  MARKET: MARKET SHARE ANALYSIS (2021)
     11.4 COMPANY EVALUATION QUADRANT
             11.4.1 STARS
             11.4.2 EMERGING LEADERS
             11.4.3 PERVASIVE COMPANIES
             11.4.4 PARTICIPANTS
                       FIGURE 31 MARKET: COMPANY EVALUATION QUADRANT, 2021
     11.5 COMPETITIVE SITUATIONS AND TRENDS
               TABLE 98 HOME SECURITY SYSTEMS MARKET: PRODUCT LAUNCHES,  DECEMBER 2019–MARCH 2021
               TABLE 99 HOME SECURITY INDUSTRY : DEALS, FEBRUARY 2019-APRIL 2022

12 COMPANY PROFILES (Page No. - 127)
     12.1 KEY PLAYERS
(Business overview, Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
             12.1.1 ADT
                       TABLE 100 ADT: BUSINESS OVERVIEW
                       FIGURE 32 ADT: COMPANY SNAPSHOT
                       TABLE 101 ADT: PRODUCTS OFFERED
             12.1.2 RESIDEO TECHNOLOGIES INC
                       TABLE 102 RESIDEO TECHNOLOGIES, INC.: BUSINESS OVERVIEW
                       FIGURE 33 RESIDEO TECHNOLOGIES INC.: COMPANY SNAPSHOT
                       TABLE 103 RESIDEO TECHNOLOGIES, INC.: PRODUCTS OFFERED
             12.1.3 JOHNSON CONTROLS
                       TABLE 104 JOHNSON CONTROLS: BUSINESS OVERVIEW
                       FIGURE 34 JOHNSON CONTROLS: COMPANY SNAPSHOT
                       TABLE 105 JOHNSON CONTROLS: PRODUCTS OFFERED
             12.1.4 HANGZHOU HIKVISION DIGITAL TECHNOLOGY
                       TABLE 106 HANGZHOU HIGVISION DIGITAL TECHNOLOGY: BUSINESS OVERVIEW
                       FIGURE 35 HANGZHOU HIGVISION DIGITAL TECHNOLOGY: COMPANY SNAPSHOT
                       TABLE 107 HANGZHAU HIGVISION DIGITAL TECHNOLOGY: PRODUCTS OFFERED
             12.1.5 ASSA ABLOY
                       TABLE 108 ASSA ABLOY: BUSINESS OVERVIEW
                       FIGURE 36 ASSA ABLOY: COMPANY SNAPSHOT
                       TABLE 109 ASSA ABLOY: PRODUCTS OFFERED
             12.1.6 SECOM
                       TABLE 110 SECOM: BUSINESS OVERVIEW
                       FIGURE 37 SECOM: COMPANY SNAPSHOT
                       TABLE 111 SECOM: PRODUCTS OFFERED
             12.1.7 ROBERT BOSCH
                       TABLE 112 ROBERT BOSCH: BUSINESS OVERVIEW
                       FIGURE 38 ROBERT BOSCH: COMPANY SNAPSHOT
                       TABLE 113 ROBERT BOSCH: PRODUCTS OFFERED
             12.1.8 ALLEGION
                       ABLE 114 ALLEGION: BUSINESS OVERVIEW
                       FIGURE 39 ALLEGION: COMPANY SNAPSHOT
                       TABLE 115 ALLEGION: PRODUCTS OFFERED
             12.1.9 SNAP ONE, LLC
                       TABLE 116 SNAP ONE, LLC: BUSINESS OVERVIEW
                       FIGURE 40 SNAP ONE, LLC: COMPANY SNAPSHOT
                       TABLE 117 SNAP ONE, LLC: PRODUCT OFFERINGS
             12.1.10 ABB
                       TABLE 118 ABB: BUSINESS OVERVIEW
                       FIGURE 41 ABB: COMPANY SNAPSHOT
                       TABLE 119 ABB: PRODUCT OFFERINGS
     12.2 OTHER PLAYERS
             12.2.1 COMCAST
                       TABLE 120 COMCAST: BUSINESS OVERVIEW
             12.2.2 ALARM.COM
                       TABLE 121 ALARM.COM: BUSINESS OVERVIEW
             12.2.3 NORTEK SECURITY & CONTROL
                       TABLE 122 NORTEK SECURITY & CONTROL: BUSINESS OVERVIEW
             12.2.4 VIVINT
                       TABLE 123 VIVINT: BUSINESS OVERVIEW
             12.2.5 SIMPLISAFE
                       TABLE 124 SIMPLISAFE: BUSINESS OVERVIEW
             12.2.6 ARMORAX
                       TABLE 125 ARMORAX: BUSINESS OVERVIEW
             12.2.7 CANARY
                       TABLE 126 CANARY: BUSINESS OVERVIEW
             12.2.8 SCOUT
                       TABLE 127 SCOUT: BUSINESS OVERVIEW
             12.2.9 LEGRAND
                       TABLE 128 LEGRAND: BUSINESS OVERVIEW
             12.2.10 SCHNEIDER ELECTRIC
                       TABLE 129 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW

*Details on Business overview, Products offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS (Page No. - 161)
     13.1 INTRODUCTION
     13.2 LIMITATIONS
     13.3 VIDEO SURVEILLANCE MARKET, BY SYSTEM
               TABLE 130 VIDEO SURVEILLANCE MARKET, BY SYSTEM, 2017–2020 (USD MILLION)
               TABLE 131 VIDEO SURVEILLANCE MARKET, BY SYSTEM, 2021–2026 (USD MILLION)
             13.3.1 ANALOG VIDEO SURVEILLANCE SYSTEM
                       13.3.1.1 Analog surveillance systems mainly consist of analog cameras and DVRs
             13.3.2 IP VIDEO SURVEILLANCE SYSTEM
                       13.3.2.1 IP video surveillance systems offer enhanced security and better resolution

14 APPENDIX (Page No. - 164)
     14.1 DISCUSSION GUIDE
     14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     14.3 AVAILABLE CUSTOMIZATIONS
     14.4 RELATED REPORTS
     14.5 AUTHOR DETAILS

The study involved four major activities in estimating the size of the home security systems market. Exhaustive secondary research has been carried out to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various sources have been referred to for identifying and collecting information for this study on the home security systems market. Secondary sources considered for this research study include government sources; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and professional associations. Secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.

Secondary research has been mainly used to obtain key information about the supply chain of the home security systems industry to identify the key players based on their products, as well as to identify the prevailing industry trends in the home security systems market based on home type, security, systems, services, and region. It also includes information about the key developments undertaken from both markets- and technology-oriented perspectives.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the current scenario of the home security services market through secondary research. Several primary interviews have been conducted with key opinion leaders from both the demand and supply sides across four major regions: North America, Europe, APAC, and RoW. Approximately 25% of the primary interviews have been conducted with the demand side, while 75% have been conducted with the supply side. This primary data has been collected mainly through telephonic interviews, which account for 80% of the total primary interviews. Questionnaires and e-mails have also been used to collect data.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:

Home Security Systems Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up procedure has been employed to arrive at the overall size of the home security systems market.

  • First, companies offering home security systems have been identified, and their product mapping with respect to different parameters such as systems type, offering, and services has been carried out.
  • The size of the home security services market has been estimated based on the demand for different types of systems. The revenues of the companies operating in the home security system ecosystem and the anticipated change in the demand for home security systems offered by them in the post-COVID-19 scenario have been analyzed and estimated.
  • Primary research has been conducted with a few major players operating in the home security systems market to validate the global size of the market. The discussions included the impact of COVID-19 on the ecosystem of the home security systems market.
  • The CAGR of the home security systems market has been calculated considering the historical and future market trends and the impact of COVID-19 by understanding the penetration rate of home security systems and their demand and supply in residential applications.
  • The estimates at every level have been verified and cross-checked through discussions with key opinion leaders, such as corporate executives (CXOs), directors, and sales heads, as well as with the domain experts in MarketsandMarkets.
  • Various paid and unpaid information sources such as company websites, annual reports, press releases, research journals, magazines, white papers, and databases were also studied.

Home Security Systems Market  Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

The top-down approach has been used to estimate and validate the total size of the home security systems market.

 

  • Focusing on the top-line investment and expenditure in the ecosystems, and further splitting the market based on new installations, upgraded devices, software implementation, and the key developments in the major market areas.
  • Building and developing the information related to revenue generated by key product, service, and software providers.
  • Conducting multiple on-field discussions with key opinion leaders across each major company involved in the development of products, services, and software.
  • Estimating the geographic split using secondary sources, based on various factors such as the number of players in a specific country and region, types of products, levels of services offered, and types of software implemented.
  • The impact of COVID-19 on the steps mentioned above has also been considered.

Home Security Systems Market  Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in the home security systems market.

Report Objectives

  • To define, describe, and forecast the home security systems market, in terms of value, by home type, systems, services, security type, and geography.
  • To forecast the market size for the concerned segments with respect to the 4 key regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).
  • To analyze the value chain to understand the flow of activities performed by various companies to develop and deliver the products to consumers
  • To analyze the micromarkets1 with regard to industry trends and prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the home security systems market and provide details of the competitive landscape for market leaders
  • To profile the key players and comprehensively analyze their market position in terms of ranking and core competencies2
  • To analyze the competitive developments such as partnerships, collaborations, mergers and acquisitions, and product launches and developments in the home security systems market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players based on various blocks of the value chain.
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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