Home Security Device Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
For the purpose of this market research report, Home Security Device is defined as securing entry points and interior spaces in a home. The entry points that are secured range from doors to windows and interior spaces include anywhere valuables like computers, guns or any piece of art can be stored. Home Security Devices include a control panel from which the home security system is controlled, motion sensors, sensors at doors and windows, security cameras, and high-decibel alarms. The main benefits of installing a home security device are the reduction in the chances of burglary, and the ability to manage your house when far away with the use of web-based services.
Home Security System Market Growth and Trends
Home Security System Market Regional Analysis
Propagating concerns of the security breach and threats have proved to increase the demand for efficient, reliable, and enhanced safety and security system that is expected to propel the home security device market globally. Europe is measured to be pacing ahead in the market with rapidly growing cases of theft and break-ins in France.
North America is home to millions of residents and is therefore expected to witness a soaring demand for a reliable home security device among the vendors and consumers. Also, the Asia Pacific region is a highly populated region that continues to expand innumerably which is why an alarming need for security cameras and video surveillance systems is much demanded in the region.
The Middle East and Africa tend to grow rapidly in the market owing to augmented technology and the adoption of Wi-Fi technology to have a surveillance system anytime and anywhere.
Home Security System Market Share and Competition
Key companies operating in this industry are: ASSA ABLOY, Bosch Security Systems, Honeywell Security Group, Tyco, ADT and Nortek.
Home Security System Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Electronic and Smart Locks
• Security Cameras
• Security Solutions
• DIY Home Security
• Sensors and Detectors
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Independent Homes
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Home Security System Market Companies
• ASSA ABLOY
• Bosch Security Systems
• Honeywell Security Group
United States Home Security System Market Research Report
Europe Home Security System Market Research Report
Asia Pacific Home Security System Market Research Report
India Home Security System Market Research Report