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Residential Security Forecast 2024

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    Report

  • December 2024
  • Region: Global
  • Parks Associates
  • ID: 6034541

The publisher has produced a Residential Security Forecast for almost four decades as part of its ongoing reporting to understand, size, and segment the market for home automation and control systems.  Analysts forecast use data from consumer surveys for years 2012-2024 for penetration of home security systems in the US and leverages the years of expertise in this market to build these forecasts through 2029.

Table of Contents

Security Segments

Service Revenues

Comparative Growth Rates

US Residential Security Forecast

In the recent past, the market for residential security solutions has undergone dramatic swings.

  • 2016 - 2020, Market Expansion
  • 2020 - 2022, Pandemic Reactions
  • 2023 - 2024, Housing Slowdown
  • 2025 Outlook and Beyond