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The security & control system includes various IoT connected devices, which are designed to guard property against espionage, sabotage, subversion, accidents, and attack. It includes door & window sensors, motion sensors, interior & exterior automation, wired or wireless security cameras, and control panel, which is the primary controller of a home's security system. The home control & security system offers various advantages such as ability to remotely manage homes and improved security sensing functionalities.
LPI (LP Information)' newest research report, the "Home Security System Industry Forecast" looks at past sales and reviews total world Home Security System sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Security System sales for 2023 through 2029. With Home Security System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Security System industry.
This Insight Report provides a comprehensive analysis of the global Home Security System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Security System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Security System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Security System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Security System.
The global Home Security System market size is projected to grow from US$ 52630 million in 2022 to US$ 91230 million in 2029; it is expected to grow at a CAGR of 8.2% from 2023 to 2029.
United States market for Home Security System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Home Security System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Home Security System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Home Security System players cover Tyco Security Products, Nortek Security & Control, Honeywell International Inc., Bosch Sicherheitssysteme GmbH, ASSA ABLOY, ADT LLC dba ADT Security Services, Vivint, Inc., MOBOTIX and MONI Smart security, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Security System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Video Surveillance Systems
- Alarm Systems
- Access Control Systems
- Others
Segmentation by application
- Individual Users
- Building Contractors
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Tyco Security Products
- Nortek Security & Control
- Honeywell International Inc.
- Bosch Sicherheitssysteme GmbH
- ASSA ABLOY
- ADT LLC dba ADT Security Services
- Vivint, Inc.
- MOBOTIX
- MONI Smart security
- United Technologies Corporation