Global Home Security Solutions market is expected to reach $57.73 billion by 2022; Finds New Report

Global Home Security Solutions market is valued at $31.6 billion in 2015 and is expected to reach $57.73 billion by 2022 growing at a CAGR of 8.9%.

Increase in crime rate, remote monitoring mobile devices and growing consumer awareness are the factors fueling the market growth. Adoption and lack of awareness of security systems and high installation costs are the factors restricting the market growth. The intensified competition leading to technological advancements among the electrical distributors & telecom providers are providing massive opportunities for the market.

North America accounted for the largest share owing to residential security concerns. While, Asia Pacific is expected to have highest growth in CAGR due to high crime rate in this region. Electronic locks held the largest segment of the home security solutions market as these locks are more reliable than the traditional systems and also due to growing number of intelligent criminal breaches worldwide.

Some of the key players in Global Home Security Solutions market include United Technologies Corporation, Nortek Security & Control LLC, Vivint Inc., Control4 Corporation, Honeywell International Inc, Tyco International Ltd., ADT Corporation, Robert Bosch GmbH, Godrej & Boyce Manufacturing Company Limited, Assa Abloy AB, Allegion PLC, Axis Communications AB, SimpliSafe, Inc., HikVision Digital Technology Co., Ltd. and Protect America, Inc.

Solutions Covered:

- Intruder Alarm Solution

- Integrated Security Solution

- Video Surveillance Solution

- Medical Alert System

- Intercom System

- Fire Protection System

- Access Control & Management Solution

Home Types Covered:

- Condominiums

- Independent Homes

- Apartments

Products Covered:

- Cameras

Analog Cameras

IP Cameras

- Sensors

- Fire Sprinklers & Extinguishers

- Alarms

- Panic Buttons

- Biometrics

- Card-based

- RFID

- Electronic Locks

Electric Strip Locks

Electromechanical Door Locks

Magnetic Strip Locks

Keypad Locks

Wireless Locks

Biometric Locks

Regions Covered:

- North America

US

Canada

Mexico

- Europe

Germany

France

Italy

UK

Spain

Rest of Europe

- Asia Pacific

Japan

China

India

Australia

New Zealand

Rest of Asia Pacific

- Rest of the World

Middle East

Brazil

Argentina

South Africa

Egypt

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

Spanning over 137 pages “Home security solutions - Global Market Outlook (2016-2022)” report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Home Security Solutions Market, By Solution, Global Home Security Solutions Market, By Home Type, Global Home Security Solutions Market, By Product, Global Home Security Solutions Market, By Geography, Key Developments, Company Profiling.

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