According to our latest report, the Smart Home Security Market is expected to reach USD 7.95 billion by end of 2024, an increase of USD 2.49 billion in 2019, with a CAGR of 20.6 percent during the forecast period of 2019 – 2024.
The global market for intelligent home security, which is in the development phase, is currently experiencing critical technological advances. Technological updates extend the functionality of electronic security systems. This includes wireless integration and other intelligent security features for the home that provide more flexibility and convenience to consumers. As technology advances, smart functions become more financially accessible.
Increase or decrease the thermostat; lighting adjustment; alarm setting, and detect movement. The elements to configure and turn on the exterior lights at dusk and turn them off at dawn. Water the plants according to the program, except when it is raining. Motion detectors turn on the lights when the person enters a room and opens the door as the person approaches. All of these require little or no interaction but can make a significant difference in terms of quality of life. They also offer savings in security and energy. They have to rely on electricians or other service providers, which increases the cost.
REPORT COVERAGE
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REPORT METRIC |
DETAILS |
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Market Size Available |
2018 – 2024 |
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Base Year |
2018 |
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Forecast Period |
2019 - 2024 |
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Segments Covered |
By Type, Application, Technology & Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities. |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa. |
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Market Leaders Profiled |
ADT (United States), Honeywell (United States), Johnson Controls (United States), HANGZHOU HIKVISION DIGITAL TECHNOLOGY (China), ASSA ABLOY (Sweden), SECOM (Japan), Robert Bosch (Germany), United Technologies (United States) , Godrej & Boyce (India), Alarm.com (United States), Allegion (Republic of Ireland), Control4 (United States) & MorS |
This Research Report Includes the Segmentation of the Global Home Security Market with Size & Evaluated Forecast for each Segment Until 2024.
Smart Home Security Market – By Type
Smart Home Security Market – By Application
Smart Home Security Market – By Technology
Smart Home Security Market – By Region
Based on the Region, the global smart home security market is segmented into Asia-Pacific, North America, Europe, Latin America, the Middle East, and Africa. The Asia-Pacific region is expected to be the largest region with the highest growth during the forecast period due to the increasing adoption of cloud-based technologies and increased awareness of security. Population growth, urbanization, the standard of living, and increased public spending on smart cities will further boost growth in this region.
The top leading companies in the Smart Home Security Industry are ADT (United States), Honeywell (United States), Johnson Controls (United States), HANGZHOU HIKVISION DIGITAL TECHNOLOGY (China), ASSA ABLOY (Sweden), SECOM (Japan), Robert Bosch (Germany), United Technologies (United States) , Godrej & Boyce (India), Alarm.com (United States), Allegion (Republic of Ireland), Control4 (United States), Schneider Electric (France), Legrand (France), ABB (Switzerland)), Comcast (USA). UU.), Stanley Convergent Security Solutions (USA), Nortek Security & Control (USA), FRONTPOINT (USA) & Vivint (USA).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Protocols and standards
5.1.3 BACnet
5.1.4 others
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 protection and security
5.2.3 Home appliances
5.2.4 others
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.3.4 By Indication
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.4.4 By Indication
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.1.5.4 By Indication
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 ADT
8.3 Honeywell
8.4 Johnson Controls
8.5 HANGZHOU HIKVISION DIGITAL TECHNOLOGY
8.6 ASSA ABLOY
8.7 SECOM
8.8 Robert Bosch
8.9 United Technologies
8.10 Godrej & Boyce
8.11 Alarm.com
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
