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Global Home Security System Market is projected to grow at a remarkable rate of above 13% during 2015-2019

The " Global Home Security System Market 2015-2019 " report is provides key statistics on the current state of the industry,Market features.
MarketsandMarkets™ | 26.08.2016

Global Home Security System Market 2015-2019 Size and Share Published in 2015-12-16 Available for US$ 2500 at Researchmoz.us

Description

An overview of the home security system market


The rising incidents of security concerns has led to increased safety measures by residential dwellings. As a result, the global home security system market is projected to grow at a remarkable rate of above 13% during the forecast period. Advancement in technology and emergence of smart homes has led to the rise of integrated home security systems, which can be connected to smartphones and enable the monitoring of residences from remote locations.

With improvement in network infrastructure, broadband and internet penetration has increased, and consumers are increasingly opting for wireless and technologically advanced products to ensure more security for their families. Therefore, vendors are expanding their distribution channels and R&D expenditure to improve their product offerings and leverage on the trend of home automation. As the trend towards home automation and smart homes grows, the market will gain traction.

Segmentation of the home security system market by product

Electronic and smart locks

Alarms

Security cameras

Security solutions

DIY home security

Sensors and detectors

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In 2014, the security cameras segment of the global home security system market noted the highest contribution of close to 22%, and this trend is expected to continue in the next five years. Security cameras are embedded with features such as Wi-Fi connectivity, rechargeable and replaceable batteries, accessibility on Android and iOS devices through apps.

Geographical segmentation of the home security system market

Americas

EMEA

APAC

With a market share of over 48% in 2014, the Americas dominated the home security system market, followed by APAC and EMEA. Following the burgeoning trend towards smart homes and smart products, people are investing increasingly on smart home security products and solutions.

Competitive landscape and key vendors

The home security system market is fairly concentrated with a few major players holding the majority of the market share. The innovation in technology and products among the leading vendors plays an essential role in the growth of the market. The market also exhibit a considerable influx of private labels and startups in the market, especially in the DIY home security products market.

Top vendors in this market are -

ASSA ABLOY

Bosch Security Systems

Honeywell Security Group

Tyco

ADT

Nortek

Other prominent vendors included in this report are Alarm.com, Axis Communications, Lorex, Swann, and Visonic.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?

What are the key factors driving the global home security system market?

What are the key market trends impacting the growth of the global home security system market?

What are the challenges to market growth?

Who are the key vendors in the global home security system market?

What are the market opportunities and threats faced by the vendors in the global home security system market?

What are the trending factors influencing the market shares of the Americas, EMEA, and APAC?

What are the key outcomes of the five forces analysis of the global home security system market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Home Automation System Market 2015-2019

Smart Home M2M Market in UK: Market Research Report 2015-2019

Connected M2M Home Appliance Market in the US 2014-2018

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Table of Content


PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Global home security system market 2014-2019

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product

Global home security system market by product 2014-2019

Global security cameras market

Global electronic and smart locks market

Global sensors and detectors market

Global alarms market

Global security solutions market

Global DIY home security market

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