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Global $29.5Bn Home Security System Market by Type, Component, Industry and Region - Forecast to 2023 - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Global Home Security System Market - by Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global home security systems market was USD 17.42 billion in 2017 and is estimated to reach USD 29.5 billion by 2023 at a CAGR of 9.18% during the forecast period.

The security concern among customers in the recent years is the top most concern which is driving the market for home security systems, services building, home automation.

Major home security system regions are in USA, Asia-Pacific, Europe, and Africa. North America has highest market share of nearly 40% in the home security market & expected to increase 13% CAGR during the forecast period.

Industry Structure and Updates

In 2017 - Bosch Security & Safety Systems with Genetec, invented surveillance cameras which give customers end-to-end data security solution. It helps in ensuring trustworthy communications between all network components and encryption of all video data. In 2016 - Honeywell International Inc. launched Lyric Security which is a wireless connected platform designed to simplify home comfort, security and awareness by controlling connected home products with a single application with Cloud Based Management System. In 2016 - ADT Corp. launches ADT pulse solutions. It is an alarm system which can provide information to police during the time of security breaches at any location.

Companies Profiled

ABB ADT Security Services Alarm.com Allegion Assa Abloy Bosch Security Systems Inc. Comcast Control4 FrontPoint Security Solutions Godrej & Boyce Hangzhou Hikvision Digital Technology HikVision Digital Technology Co. Honeywell Security Group Johnson Controls Inc. Legrand LiveWatch Security Nortek Security & Control Schneider Electric Secom SimpliSafe Stanley Convergent Security Solutions Tyco Security Products UTC Climate Controls & Security Vivint and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Home Security System Market Segmentation, Forecasts and Trends - by Type

6. Global Home Security System Market Segmentation, Forecasts and Trends - by Component

7. Global Home Security System Market Segmentation, Forecasts and Trends - by Industry

8. Global Home Security System Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Home Security System Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/g332t8/global_29_5bn?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005493/en/

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Related Topics:Home Security and Safety

KEYWORD:

INDUSTRY KEYWORD: BUILDING SYSTEMS CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 07:16 AM/DISC: 11/06/2018 07:16 AM

http://www.businesswire.com/news/home/20181106005493/en

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