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North America Home Security System Market Report by Integration, Installation Type, Panel Type, Sensor Type, Communication Module, Equipment Type, Residence Type, and Country 2024-2032

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    Report

  • 122 Pages
  • March 2024
  • Region: North America
  • IMARC Group
  • ID: 5946715
The North America home security system market size reached US$ 11.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 41.3 Billion by 2032, exhibiting a growth rate (CAGR) of 14.8% during 2023-2032.

Home security system is a network of integrated electronic equipment that are designed for detecting as well as defending against burglar activities or any other intrusion. The hardware of home security system includes doors, alarm systems, motion detectors, security cameras, lighting, locks, etc. A home security system helps to secure all the entry points by deploying sensors that are linked with the control panel. Further, every activity is captured by the security cameras and can be monitored over the control panel. Over the years, the rise in crime rates, house intrusion and burglaries in North America has influenced the demand for home security systems in the region.

One of the primary factors catalysing the growth of the North America home security system market is the evolution of new and improved system technologies. Increasing research and development has paved way for internet of things, remote monitoring as well as home automation. Moreover, the revival of constructional activities, particularly in the residential sector, acts as another factor facilitating the demand for home security systems. Improving network infrastructure coupled with broadband and internet penetration has further been proactive in maintaining the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the North America home security system market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on integration, installation type, panel type, sensor type, communication module, equipment type and residence type.

Breakup by Integration:

  • Self-Contained Systems
  • Integrated Systems
Based on integration, the market has been segmented as self-contained systems and integrated systems. Currently, integrated systems dominate the market, holding the largest share.

Breakup by Installation Type:

  • DIY Type
  • Professional Installed
On the basis of installation type, professional installed security systems represent the leading segment.

Breakup by Panel Type:

  • Hard Wired Panels
  • Wireless Panels
  • Hybrid Panels
  • Alarm Panels
On the basis of panel type, wireless panels are the most popular product type in the home security systems market.

Breakup by Sensor Type:

  • Wireless Sensors
  • Wired Sensors
Based on the sensor type, the market is segmented into wired sensors and wireless sensors. Amongst these, wireless sensors dominate the home security systems market in the region.

Breakup by Communication Module:

  • Professional Monitored
  • Self-Monitored
The market is further bifurcated on the basis of communication modules wherein professional monitored security systems account for the largest share.

Breakup by Equipment Type:

  • Video Surveillance
  • Intruder Alarms
  • Electronic Locks
  • Fire Sprinklers and Extinguishers
  • Others
On the basis of equipment type, video surveillance represents the leading segment.

Breakup by Residence Type:

  • Independent Homes
  • Condominiums
  • Apartments
Based on residence type, the market is classified into independent homes, condominiums and apartments. Presently, independent homes represent the largest segment.

Breakup by Country:

  • United States
  • Canada
  • Mexico
  • Others
Country-wise, the market has been segmented into the United States, Canada, Mexico and others. Amongst these, the United States represents the leading market, accounting for the majority of the market share.

Competitive Landscape:

The report has also analysed the competitive landscape of the market along with the profiles of the key players.

This report provides a deep insight into the North America home security system market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America home security system market in any manner.

Key Questions Answered in This Report:

  • How has the North America home security system market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America home security system market?
  • What has been the impact of COVID-19 on the North America home security system market?
  • Which are the popular integration systems in the North America home security system market?
  • What are the key installation types in the North America home security system market?
  • What are the major panel types in the North America home security system market?
  • Which are the popular sensor types in the North America home security system market?
  • What are the key communication module segments in the North America home security system market?
  • What are the major equipment types in the North America home security system market?
  • Which are the popular residential types in the North America home security system market?
  • What are the various stages in the value chain of the North America home security system market?
  • What are the key driving factors and challenges in the North America home security system market?
  • What is the structure of the North America home security system market and who are the key players?
  • What is the degree of competition in the North America home security system market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 North America Home Security System Market: Industry Analysis
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Integration
5.5 Market Breakup by Installation Type
5.6 Market Breakup by Panel Type
5.7 Market Breakup by Sensor Type
5.8 Market Breakup by Communication Module
5.9 Market Breakup by Equipment Type
5.10 Market Breakup by Residence Type
5.11 Market Breakup by Country
5.12 Market Forecast
5.13 SWOT Analysis
5.13.1 Strengths
5.13.2 Weaknesses
5.13.3 Opportunities
5.13.4 Threats
5.14 Value Chain Analysis
5.14.1 Overview
5.14.2 Research and Development
5.14.3 Raw Material Procurement
5.14.4 Products and Services
5.14.5 Marketing and Distribution
5.14.6 End Users
5.14.7 Post Sales Service
5.15 Porter’s Five Forces Model
5.15.1 Overview
5.15.2 Bargaining Power of Buyers
5.15.3 Bargaining Power of Suppliers
5.15.4 Degree of Rivalry
5.15.5 Threat of New Entrants
5.15.6 Threat of Substitutes
6 Market Breakup by Integration
6.1 Self-Contained Systems
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Integrated Systems
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Installation Type
7.1 DIY Type
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Professional Installed
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Panel Type
8.1 Hard Wired Panels
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Wireless Panels
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Hybrid Panels
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Alarm Panels
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Sensor Type
9.1 Wireless Sensors
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Wired Sensors
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Communication Module
10.1 Professional Monitored
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Self-Monitored
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Equipment Type
11.1 Video Surveillance
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Intruder Alarms
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Electronic Locks
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Fire Sprinklers and Extinguishers
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Others
11.5.1 Market Trends
11.5.2 Market Forecast
12 Market Breakup by Residence Type
12.1 Independent Homes
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Condominiums
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Apartments
12.3.1 Market Trends
12.3.2 Market Forecast
13 Market Breakup by Country
13.1 United States
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Canada
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Mexico
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 Others
13.4.1 Market Trends
13.4.2 Market Forecast
14 Video Surveillance Systems Manufacturing Process
14.1 Product Overview
14.2 Raw Material Requirements
14.3 Installation Process
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
16 Key Player Profiles
List of Figures
Figure 1: North America: Home Security System Market: Major Drivers and Challenges
Figure 2: North America: Home Security System Market: Sales Volume (in Million Units), 2018-2023
Figure 3: North America: Home Security System Market: Sales Value (in Billion US$), 2018-2023
Figure 4: North America: Home Security System Market: Breakup by Integration (in %), 2023
Figure 5: North America: Home Security System Market: Breakup by Installation Type (in %), 2023
Figure 6: North America: Home Security System Market: Breakup by Panel Type (in %), 2023
Figure 7: North America: Home Security System Market: Breakup by Sensor Type (in %), 2023
Figure 8: North America: Home Security System Market: Breakup by Communication Module (in %), 2023
Figure 9: North America: Home Security System Market: Breakup by Equipment Type (in %), 2023
Figure 10: North America: Home Security System Market: Breakup by Residence Type (in %), 2023
Figure 11: North America: Home Security System Market: Breakup by Country (in %), 2023
Figure 12: North America: Home Security System Market Forecast: Sales Volume (in Million Units), 2024-2032
Figure 13: North America: Home Security System Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 14: North America: Home Security System Industry: SWOT Analysis
Figure 15: North America: Home Security System Market: Supply and Value Chain Structure
Figure 16: North America: Home Security System Market: Home Security Ecosystem
Figure 17: North America: Home Security System Industry: Porter’s Five Forces Analysis
Figure 18: North America: Home Security System (Self Contained Systems) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 19: North America: Home Security System (Self Contained Systems) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 20: North America: Home Security System (Integrated Systems) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 21: North America: Home Security System (Integrated Systems) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 22: North America: Home Security System (DIY Type) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 23: North America: Home Security System (DIY Type) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 24: North America: Home Security System (Professional Installed) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 25: North America: Home Security System (Professional Installed) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 26: North America: Home Security System (Hard Wired Panels) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 27: North America: Home Security System (Hard Wired Panels) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 28: North America: Home Security System (Wireless Panels) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 29: North America: Home Security System (Wireless Panels) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 30: North America: Home Security System (Hybrid Panels) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 31: North America: Home Security System (Hybrid Panels) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 32: North America: Home Security System (Alarm Panels) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 33: North America: Home Security System (Alarm Panels) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 34: North America: Home Security System (Wireless Sensors) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 35: North America: Home Security System (Wireless Sensors) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 36: North America: Home Security System (Wired Sensors) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 37: North America: Home Security System (Wired Sensors) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 38: North America: Home Security System (Professional Monitored) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 39: North America: Home Security System (Professional Monitored) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 40: North America: Home Security System (Self-Monitored) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 41: North America: Home Security System (Self-Monitored) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 42: North America: Home Security System (Video Surveillance) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 43: North America: Home Security System (Video Surveillance) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 44: North America: Home Security System (Intruder Alarms) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 45: North America: Home Security System (Intruder Alarms) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 46: North America: Home Security System (Electronic Locks) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 47: North America: Home Security System (Electronic Locks) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 48: North America: Home Security System (Fire Sprinklers and Extinguishers) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 49: North America: Home Security System (Fire Sprinklers and Extinguishers) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 50: North America: Home Security System (Other Equipment Types) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 51: North America: Home Security System (Other Equipment Types) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 52: North America: Home Security System (Independent Homes) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 53: North America: Home Security System (Independent Homes) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 54: North America: Home Security System (Condominiums) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 55: North America: Home Security System (Condominiums) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 56: North America: Home Security System (Apartments) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 57: North America: Home Security System (Apartments) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 58: United States: Home Security System Market: Sales Value (in Billion US$), 2018 & 2023
Figure 59: United States: Home Security System Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 60: Canada: Home Security System Market: Sales Value (in Billion US$), 2018 & 2023
Figure 61: Canada: Home Security System Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 62: Mexico: Home Security System Market: Sales Value (in Billion US$), 2018 & 2023
Figure 63: Mexico: Home Security System Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 64: Others: Home Security System Market: Sales Value (in Billion US$), 2018 & 2023
Figure 65: Others: Home Security System Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 66: Video Surveillance System Manufacturing: Detailed Process Flow
Figure 67: North America: Home Security System Market: Breakup by Key Players (in %), 2023
List of Tables
Table 1: North America: Home Security System Market: Key Industry Highlights, 2023 and 2032
Table 2: North America: Home Security System Market Forecast: Breakup by Integration (in Billion US$), 2024-2032
Table 3: North America: Home Security System Market Forecast: Breakup by Installation Type (in Billion US$), 2024-2032
Table 4: North America: Home Security System Market Forecast: Breakup by Panel Type (in Billion US$), 2024-2032
Table 5: North America: Home Security System Market Forecast: Breakup by Sensor Type (in Billion US$), 2024-2032
Table 6: North America: Home Security System Market Forecast: Breakup by Communication Module (in Billion US$), 2024-2032
Table 7: North America: Home Security System Market Forecast: Breakup by Equipment Type (in Billion US$), 2024-2032
Table 8: North America: Home Security System Market Forecast: Breakup by Residence Type (in Billion US$), 2024-2032
Table 9: North America: Home Security System Market Forecast: Breakup by Country (in Billion US$), 2024-2032
Table 10: Video Surveillance Manufacturing: Raw Material Requirements
Table 11: North America: Home Security System Market: Competitive Structure
Table 12: North America: Home Security System Market: Key Players

Methodology

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Table Information