Global Home Security SystemsMarket Size study, byHome Type (Independent Homes, Condominiums/Apartments), by Security (Professionally Installed & Monitored, Self-installed and Professionally Monitored, Do-It-Yourself), by Systems (Fire Protection System, V

Global Home Security SystemsMarket Size study, byHome Type (Independent Homes, Condominiums/Apartments), by Security (Professionally Installed & Monitored, Self-installed and Professionally Monitored, Do-It-Yourself), by Systems (Fire Protection System, Video Surveillance System, Access Control System, Entrance Control System, Intruder Alarm System), by Services (Security System Integration Services, Remote Monitoring Services, Fire Protection Services, Video Surveillance Services, Access Control Services) and Regional Forecasts 2022-2028

Global Home Security SystemsMarket is valued at approximately XX in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2028.The home security system is a collection of software and hardware devices designed to detect an intrusion or illegal entry if a protected zone is broken. There are numerous home security systems available, ranging from light sensors and security cameras to fully integrated smart home solutions. The devices may also warn about potential environmental hazards such as poor air quality, flooding, high levels of carbon monoxide, and so on, and can even operate in the event of a power outage.The increased awareness of home security systems, as well as the introduction of the Internet of Things (IoT) and wireless technologies, are driving the expansion of the home security systems market.These systems also have features like motion detection and night vision. With the rising crime rate, video surveillance is projected to play a key role in crime prevention, owing to the risk of getting caught.According to the Metropolitan Police, there were roughly 215.7 thousand violent crime offences documented by the police in London in 2018-2019, a 13.8 thousand rise over the figure recorded in 2017-2018.However, security cameras can be used for unanticipated purposes (and in violation of end-user licence agreements), which is prohibited under federal and state criminal laws and exposes abusers to civil liability. The cost of the hardware, software, and services required to establish a security system has a considerable impact on the adoption of home security solutions. However, AI and deep learning implementation in security system is expected to hamper market growth.

The key regions considered for the global Home Security Systemsmarketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.North America holds dominating market share for home security systems.The region is on the cutting edge of introducing access control technologies to increase safety and security. Companies in the United States and Canada are expanding their expertise in access control systems in order to offer novel technology and services in this segment and obtain a competitive advantage over other countries. Whereas, APAC home security systems market is predicted to grow at a quick pace during the forecast period, owing to rising crime rates and growing urbanisation in countries such as China and India. In Japan, the government's increasing emphasis on fire safety measures is projected to generate market growth prospects.

Major market players included in this report are:
ADT
Resideo Technologies Inc
Johnson Controls
Hangzhou Hikvision Digital Technology
Assa Abloy
Secom
Robert Bosch
Allegion
Snap One, Llc
ABB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Home Type:
Independent Homes
Condominiums/ Apartments
By Security:
Professional-installed and Monitored
Self-installed and Professionally Monitored
Do-It-Yourself (DIY)
By Systems:
Fire Protection System
Video Surveillance System
Access Control System
Entrance Control System
Intruder Alarm System
By Services:
Security System Integration Services
Remote Monitoring Services
Fire Protection Services
Video Surveillance Services
Access Control Services



By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Home Security SystemsMarket in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

ADT
Resideo Technologies Inc
Johnson Controls
Hangzhou Hikvision Digital Technology
Assa Abloy
Secom
Robert Bosch
Allegion
Snap One, Llc
ABB

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.