Home Security Systems Market worth $78.9 Billion by 2025 - PowerPoint PPT Presentation

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Home Security Systems Market worth $78.9 Billion by 2025

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The global home security systems market size was valued at USD 53.6 billion in 2020 and is expected to reach USD 78.9 billion by 2025, at a CAGR of 8.0% – PowerPoint PPT presentation

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Title: Home Security Systems Market worth $78.9 Billion by 2025


1
MarketsandMarkets Presents
Home Security Systems Market by Home Type
(Independent Homes, Apartments), Security
(Professionally Installed Monitored,
Do-It-Yourself), Systems (Access Control
Systems), Services (Security System Integration
Services), Region - Global Forecast 2025 The
global home security systems market size was
valued at USD 53.6 billion in 2020 and is
expected to reach USD 78.9 billion by 2025, at a
CAGR of 8.0
2
MarketsandMarkets Presents
The growth of the home security systems market is
driven by factors such as   growing awareness
regarding home security systems, the emergence of
the Internet of Things (IoT) and wireless
technologies and Increasing adoption of IP
cameras for video surveillance amid COVID-19
crisis Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.
asp?id205573901
3
MarketsandMarkets Presents
Do-It-Yourself (DIY) security market  to grow at
a high rate from 2020 to 2025 The market for
Do-it-Yourself (DIY) security systems is expected
to grow at the highest CAGR during the forecast
period. One of the major factors contributing to
the projected high growth of the market for DIY
security systems is the cost optimization ensured
by these systems. Some of the products offer
integrated alarm triggers and other smart
features, which help to detect a break-in by
security cameras in regular monitoring activities
4
MarketsandMarkets Presents
Video Surveillance Systems to hold the largest
share of the market by systems in 2019 The video
surveillance systems segment is expected to hold
the largest share of the home security systems
market by systems in 2019. One of the major
benefits of the video surveillance system is that
it ensures full-time monitoring in both densely
populated areas as well as remote areas. The
surveillance cameras today use AI and deep
learning to empower security with more
reliability and accuracy. For instance, Hangzhou
Hikvision Digital Technology (China) launched
DeepinView Camera Series equipped with the deep
learning feature to provide accurate and
consistent video content analytics (VCA)
performance.
5
MarketsandMarkets Presents
Home security systems market in APAC to grow at
the highest rate during the forecast period The
home security systems market in APAC is
witnessing exponential growth, mainly because of
the growing awareness about the potential
security threats to individuals and the expanding
construction industry. The security-consciousness
of buyers encourages the project developers to
pre-install the security solutions in new housing
projects
6
MarketsandMarkets Presents
Key Market Players ADT LLC. (ADT) (US), Honeywell
International Inc. (Honeywell) (US), Johnson
Controls International plc. (Johnson Controls)
(US) HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO.
LTD. (HANGZHOU HIKVISION DIGITAL TECHNOLOGY)
(China), ASSA ABLOY AB (ASSA ABLOY) (Sweden),
SECOM CO., LTD. (SECOM) (Japan), Robert Bosch
GmbH (Robert Bosch) (Germany), United
Technologies Corporation (United Technologies)
(US), Godrej and Boyce Mfg. Co. Ltd. (Godrej
Boyce) (US), Alarm.com Incorporated (Alarm.com)
(US), Allegion Plc. (Allegion) (Republic of
Ireland), Control4 Corporation (Control4) (US),
Schneider Electric SE. (Schneider Electric)
(France), Legrand Pvt Ltd. (Legrand) (France),
Asea Brown Boveri Ltd. (ABB) (Switzerland),
Comcast Corporation (Comcast) (US), STANLEY
Convergent Security Solutions, Inc. (STANLEY
Convergent Security Solutions) (US), Nortek
Security Control LLC (Nortek Security
Control) (US), and Vivint, Inc. (Vivint) (US)
7
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
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worldwide including 80 of global Fortune 1000
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8
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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