Global Home Security Systems Market Trends, Size, Competitive Analysis and Forecast 2020-2026

Posted October 12, 2020 by mansi3210

Global Home Security Systems Market Size, Share & Trends Analysis Report by Product Type , By Systems , and Forecast 2020-2026
The global market for home security systems is projected to have considerable CAGR of around 8.5% during the forecast period. The major factor driving the market of home security systems include significant growth in the demand for intelligent home security systems such as smart doorbell cameras and smart locks across the globe. The growing concern for the security & comfort in homes further projected tp propel the demand of home security solutions. Smart homes system comprises various devices and information technology that connects gadgets and instruments in the house to provide enhanced comfort, convenience, security & entertainment to resident in a sustainable way. Additionally the implementation of IoT and AI technology in the home security systems further provide significant opportunity to the market.

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The global home security systems market is segmented based on product type and systems. Based on the product type, the market is further classified into hardware and software & services. The hardware segment is projected to hold significant share in the global home security systems market. The growth of the market is mainly driven due to the significant demand of IP camera devices and smart lock systems for home security. On the basis of systems the market is further segregated into access control system (ACS), fire protection systems, video surveillance systems, intruder alarm solution, and others.

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Global Home Security Systems Market Segmentation

By Product Type

• Hardware
• Software & Services
By Systems

• Access Control System (ACS)
• Fire Protection Systems
• Video Surveillance Systems
• Intruder Alarm Solution
• Others( Medical Alert Systems )

Regional Analysis

• North America
• United States
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Rest of the World

Company Profiles

• ABB Ltd.
• ADT Inc.
• Assa Abloy AB
• Allegion PLC
• Honeywell International Inc.
• Hangzhou Hikvision Digital Technology Co.,Ltd.
• HID Global Corp.
• Ingersoll-Rand plc
• Johnson Controls, Inc.
• Nortek Security & Control, LLC
• Robert Bosch GmbH
• Secom PLC
• SimpliSafe, Inc.
• Schneider Electric SE
• Vivint, Inc.
• Wirepath Home Systems, LLC

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Categories Business , Computers , Security
Tags security , market research , Market Analysis , Market Forecast
Last Updated October 12, 2020