Home Security System Market Report, Industry Overview, Growth Rate and Forecast

1. GlobalHome Security System Market Research Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Home Security System Market Report By Product (Security cameras, Electronic & smart locks, Sensors & detectors, Alarms, Security solutions and DIY home security), Application (Commercial Sector, Residential Sector, Public Sector and Industrial Sector), Region Over the past few years, the global home automation system market has witnessed strong growth. This can be accredited to the growing awareness among the users about the benefits offered by security devices and strict regulations imposed by governments of various countries to reduce power consumption. Market Overview: Home security system is a network of integrated electronic devices designed to detect and defend against burglars and other potential home intruders. It works on a simple principle of securing all entry points by deploying sensors throughout the home which can be monitored by a control panel. A new research report by IMARC Group, titled “Home Security System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a value of more than US$ 24 Billion in 2017. The report further anticipates the market to cross US$ 36 Billion by 2023, at a projected CAGR of around 9% over the forecast period.

4. Report Description and Highlights Report Description • Global Home Security System Market Drivers/Constraints: • In the recent years, the rise in the crime rates, burglaries, and home invasions have led to increased security concerns among the consumers. This has accelerated the demand for enhanced home security system worldwide. • The emergence of smart phones and the advancement in technology such as wireless integration and other "smart home" features which provide greater flexibility and convenience to the consumers are expected to be the other major drivers propelling the growth of home security system market across the globe. • The improvement in network infrastructure, broadband and internet penetration along with the introduction of home automation, service bundling and intelligent building are also contributing towards boosting the market for home security systems. • The high installation cost of home security systems and their maintenance has placed the technology out of reach from many consumers, thereby restraining the growth of the global home security system market. Moreover, the low rate of IT literacy, particularly in the under-developed nations is also marring the market’s growth. • Home Security System Market Segmentation: • Request for a sample report: • https://www.imarcgroup.com/home-security-system-market/requestsample

5. Market Forecast Sample Figure: Global: Home Security System Market Forecast: Sales Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Market Segmentation by Product • Security cameras • Electronic and smart locks • Sensors and detectors • Alarms • Security solutions • DIY home security • On the basis of type, the market is segmented into security cameras, electronic and smart locks, sensors and detectors, alarms, security solutions and DIY home security. Currently, security cameras are the most popular product type, on account of their various advantages such as high video quality, Wi-Fi connectivity, accessibility on Android and iOS devices through apps, and replaceable and rechargeable batteries. • Market Segmentation by Application • Commercial Sector • Residential Sector • For more information, click here: https://www.imarcgroup.com/home-security-system-market

7. Market Segmentation Report Description • Public Sector • Industrial Sector • Based on application, the market is segregated into the commercial, residential, public and industrial sectors. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • Region-wise, the report covers North America, Asia-Pacific, Europe, Middle East and Africa, and Latin America. Currently, North America represents the largest region due to the availability of low-cost devices and the increasing usage of advanced technologies and digitalization. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players.

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • Bosch Security Systems, Inc. • Honeywell Security Group • Johnson Controls, Inc. • Assa Abloy • UTC Climate, Controls & Security • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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