Home Security System Industry 2018 Market Research Report

Global home security system market expected to grow at a significant CAGR of 6.66% in the upcoming period as the scope and its applications are rising enormously across the globe. Home security systems implies safeguarding entry points into a home with sensors that are intercepted through a control panel or command center mounted at a convenient location in the home. As such, the security system includes a control panel, door and window sensors, wired or wireless security cameras, motion sensors for both interior and exterior, and a high-decibel siren or alarm. Motion sensors are used to secure the open spaces inside the homes.

Rising use of smartphones for remote monitoring and growing population, using smartphone and tablet are documented as the major driving factors to Home Security System Market. The market is segmented based on home type, product type, solution, and region. Independent Homes, Condominiums, and Apartments are the home types that could be explored in Home Security System in the forecast period.

Sensors, Security Cameras, Alarms, Fire Sprinklers & Extinguishers, Panic Buttons, and Electronic Locks are the product types that could be explored in Home Security System in the forecast period. The security cameras sector accounted for the substantial market share of Home Security System in terms of revenue; the reasons being, use of advanced technology like rechargeable and replaceable batteries and Wi-Fi connectivity. Moreover, an overview of IP-based cameras and remote monitoring using smartphone will also expand the market segment.

The market may be categorized based on solutions like Medical Alert System, Intercom System, Fire Protection System, Access Control & Management Solution, Intruder Alarm Solution, Video Surveillance Solution, Integrated Security Solution, and others could be explored in the forecast period. Globally, North American regional market accounted for the substantial market share of Home Security System in 2017 and is estimated to lead the overall market in the near future. The reason behind the overall market growth could be rising adoption of mobile exhibitions, and growing demand for integration. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period.

The key players of Home Security System Market are Honeywell International Inc., Axis Communications AB, Vivint Inc., Tyco Security, ADT Security Services, Nortek Security and Control, ASSA ABLOY, Bosch Security Systems, Alarm.com, Axis Communications, Monitronics International, Hikvision Digital, and MOBOTIX. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

The major manufacturers covered in this report
• Honeywell
• ADT
• Securitas
• Panasonic
• Samsung
• Vivint
• LifeShield
• Scout Alarm
• SimpliSafe
• Moni Security

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, market share and growth opportunity in these key regions, covering
• United States
• Europe
• China
• Japan
• South Korea
• Taiwan
• Other Regions

The regional scope of the study is as follows:
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Rest of Asia-Pacific
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Monitor System
• Fire Control System
• Alarm System

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, (sales), market share and growth rate for each application, including
• Apartment
• Villa
• Other

The key points of this report are:
• To analyze and study the global Home Security System capacity, production, value, status (2013-2017) and forecast (2018-2025);
• Focuses on the key Home Security System manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.