Home Security Solution Market, By Component (Hardware, Software, Services), By Hardware (Video Surveillance, Access Control and Authentication, Alarms, Electronic Locks, Other Systems (Sensors and detectors)), By Video Surveillance (Analog, IP, Others), By Access Control (bio metrics, Card based, RFID), By Services (Installation, Technical Support, Consulting, Cloud based), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The most common type of home security systems and home security solutions include CCTV camera kits, motion detectors, and burglar alarms. These are usually used to keep an eye on a specific area in and around their homes. However, one can also use them to monitor the entire house. Using cameras and sensors to keep an eye on the property can protect from intruders who are after the valuables and other items. Another common type of home security solution and DIY kit include fire sprinklers, panic buttons, and access control systems. These are often used by homeowners to avoid a potentially dangerous situation where they feel threatened and unsafe. Fire sprinklers are used to put out small fires which can start in the kitchen or any other place in the house. Panic buttons are installed in emergency rooms or anywhere one might feel threatened in case of an intruder alarm.
Market Dynamics
The emergence of the Internet of Things (IoT) and wireless technologies is expected to boost the global home security solutions market growth over the forecast period. Internet of Things (IoT)-enabled home security solutions have gained significant popularity among consumers are they are more efficient to use and provide better control & monitoring, cost & energy savings, improved security, and enhanced comfort. Key companies in the market are focused on launching IoT-enabled security solutions, in order to gain a competitive edge in the market. For instance, in October 2021, Smith introduced a new line of Wi-Fi-enabled security cameras with infrared night vision, motion detection, and two-way communication.
Moreover, increasing adoption of IP cameras for video surveillance is expected to accelerate growth of the global home security solutions market in the near future.
Key features of the study:
This report provides in-depth analysis of the home security solutions market, and provides market size (US$ 81,777.6 Million) and compound annual growth rate (CAGR 18.0%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global home security solutions market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Vivint Inc., Axis Communications AB, Assa Abloy AB, HikVision Digital Technology Co., Ltd., Tyco International Ltd., Protect America, Inc., Honeywell International, Inc., SimpliSafe, Inc., ADT Corporation, and Frontpoint Security Solutions.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global home security solutions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global home security solutions market
Detailed Segmentation:
Global Smart Home Solution Market, By Component:
Hardware
Software
Services
Global Smart Home Solution Market, By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
Global Smart Home Solution Market, By Video Surveillance:
Analog
IP
Others
Global Smart Home Solution Market, By Access Control:
bio metrics
Card based
RFID
Global Smart Home Solution Market, By Services:
Installation
Technical Support
Consulting
Cloud based
Global Smart Home Solution Market, By Region:
North America
By Component:
Hardware
Software
Services
By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
By Video Surveillance:
Analog
IP
Others
By Access Control:
bio metrics
Card based
RFID
By Services:
Installation
Technical Support
Consulting
Cloud based
By Country
U.S
Canada
Asia Pacific
By Component:
Hardware
Software
Services
By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
By Video Surveillance:
Analog
IP
Others
By Access Control:
bio metrics
Card based
RFID
By Services:
Installation
Technical Support
Consulting
Cloud based
By Country
China
India
Japan
Australia & New Zealand
South Korea
Rest of Asia Pacific
Europe
By Component:
Hardware
Software
Services
By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
By Video Surveillance:
Analog
IP
Others
By Access Control:
bio metrics
Card based
RFID
By Services:
Installation
Technical Support
Consulting
Cloud based
By Country
Germany
Italy
U.K.
France
Spain
Russia
Rest of Europe
Latin America
By Component:
Hardware
Software
Services
By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
By Video Surveillance:
Analog
IP
Others
By Access Control:
bio metrics
Card based
RFID
By Services:
Installation
Technical Support
Consulting
Cloud based
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
By Component:
Hardware
Software
Services
By Hardware:
Video Surveillance
Access Control and Authentication
Alarms
Electronic Locks
Other Systems (Sensors and detectors)
By Video Surveillance:
Analog
IP
Others
By Access Control:
bio metrics
Card based
RFID
By Services:
Installation
Technical Support
Consulting
Cloud based
By Country
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Vivint Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Axis Communications AB
Assa Abloy AB
HikVision Digital Technology Co., Ltd.,
Tyco International Ltd.
Protect America, Inc.
Honeywell International, Inc.
SimpliSafe, Inc.
ADT Corporation
Frontpoint Security Solutions.
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