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The home security system market is forecasted to grow by USD 25.8 billion during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the home security system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of DIY home security systems, growing adoption of smart homes, and home security solutions aiding insurance discounts.
The home security system market is segmented as below:
By Product
- Video surveillance system
- Alarm system
- Access control system
By Distribution Channel
- Offline
- Online
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the home security system market covers the following areas:
- Home security system market sizing
- Home security system market forecast
- Home security system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global home security system market: ABB Ltd., ADT Inc., Alarm.com Holdings Inc., Allied Universal, Amazon.com Inc., August Home Inc., Canary Connect Inc., Cisco Systems Inc., Comcast Corp., EMERSON RADIO CORP., General Electric Co., Honeywell International Inc., Johnson Controls International Plc., Kuna Systems Corp., LG Electronics Inc., Ooma Inc., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Simplisafe Inc., and Vanderbilt International GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is evolution of IoT."
According to the report, one of the major drivers for this market is the growth of DIY home security systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ADT Inc.
- Alarm.com Holdings Inc.
- Allied Universal
- Amazon.com Inc.
- August Home Inc.
- Canary Connect Inc.
- Cisco Systems Inc.
- Comcast Corp.
- EMERSON RADIO CORP.
- General Electric Co.
- Honeywell International Inc.
- Johnson Controls International Plc.
- Kuna Systems Corp.
- LG Electronics Inc.
- Ooma Inc.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- Simplisafe Inc.
- Vanderbilt International GmbH