Home Security System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The home security system market is expected to reach USD 84.55 billion in five years, registering a CAGR of 8.52% during the forecast period. The market studied is based on the revenue generated from the hardware sold in the market and the software and services used to integrate the connected home security device and surveillance solutions.
Key HighlightsThe home security system market is fragmented and consists of major players. In terms of market share, no company has absolute control over the market, and everyone has their fair share. Major players include Honeywell International Inc., ADT Inc., Assa Abloy AB, Bosch Service Solutions GmbH, and Vivint Inc., among others.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook