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According to our (Global Info Research) latest study, the global Connected Home Security System market size was valued at USD 173.3 million in 2023 and is forecast to a readjusted size of USD 590.4 million by 2030 with a CAGR of 19.1% during review period.
Connected home security system is a set of integrated systems connects to your home Wi-Fi network so you can monitor and control your security devices using your smartphone and an app. Entry-level systems typically include a couple of door and window sensors, a motion detector, and a hub that communicates with these devices using one or more wireless protocols such as Wi-Fi, Z-Wave, ZigBee, or a proprietary mesh network. You can add extra door, motion, and window sensors to provide coverage for your entire house and build a comprehensive system that includes door locks, garage door openers, indoor and outdoor surveillance cameras, lights, sirens, smoke/CO detectors, water sensors, and more. The key part of connected home security system is smart Hub or smart control panel. The hub connects to your router via a wired ethernet connection and infiltrates your airwaves with a signal that the smart home devices respond to. Therefore, our data covers the entire system. Our data does not cover separate components.
In the market, Samsung, Panasonic and other companies can provide a separate device or the entire system equipment. However, some companies only provide the home security system service. These companies do not directly produce home security devices. At present, these companies include Armorax, Moni and Frontpoint, Comcast, Securitas and so on. ADT Security and Vivint can produce connected home security system for their own service platform. Our data covers equipment manufacturers. At the same time, we also list the major service providers in Europe and the United States. Connected home security system is part of a smart home. Therefore, our data does not cover general home monitoring or fire control system.
Home security system service industry has a long history. However, the home security system service platform is a large connection platform. This also brings a lot of problems. Connected home security system is a small system. This system can make up for the deficiencies of large systems. Since 2013, connected home security system has grown rapidly.
Connected home security system is a small smart system. In the past few years, the industry has shown great market potential. Honeywell, ADT, Samsung, Panasonic and Vivint are the main players in the market. Honeywell is a global leader. Honeywell holds 23% of the sales market share.
The Global Info Research report includes an overview of the development of the Connected Home Security System industry chain, the market status of Villa (Monitor System, Alarm System), Apartment (Monitor System, Alarm System), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Connected Home Security System.
Regionally, the report analyzes the Connected Home Security System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Connected Home Security System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Connected Home Security System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Connected Home Security System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Monitor System, Alarm System).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Connected Home Security System market.
Regional Analysis: The report involves examining the Connected Home Security System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Connected Home Security System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Connected Home Security System:
Company Analysis: Report covers individual Connected Home Security System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Connected Home Security System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Villa, Apartment).
Technology Analysis: Report covers specific technologies relevant to Connected Home Security System. It assesses the current state, advancements, and potential future developments in Connected Home Security System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Connected Home Security System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Connected Home Security System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Monitor System
- Alarm System
Market segment by Application
- Villa
- Apartment
- Other
Major players covered
- Honeywell
- ADT
- Samsung
- Panasonic
- Vivint
- LifeShield
- Scout Alarm
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Connected Home Security System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Connected Home Security System, with price, sales, revenue and global market share of Connected Home Security System from 2019 to 2024.
Chapter 3, the Connected Home Security System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Connected Home Security System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Connected Home Security System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Connected Home Security System.
Chapter 14 and 15, to describe Connected Home Security System sales channel, distributors, customers, research findings and conclusion.