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Fastest growing sector in global home security solutions market 2017-2025 published by leading research firm

Fastest growing sector in global home security solutions market 2017-2025 published by leading research firm

Home security solutions are concerned with residential security from several dangers such as burglaries, theft, and any other unethical practices.

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 Home security solutions are electronic security systems that are used to monitor homes, living premises, and personal property. Due to rise in property related crimes and home intrusions, globally, consumers have become more aware about the safety and security of their families and properties, which as a result, is driving the market for home security solutions.

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Based on solutions, the market is divided into medical alert systems, access control & management solutions, intruder alarm solutions, intercom systems, video surveillance systems, fire protection systems, and integrated security solutions. According to product type, the market is categorized into electronic locks, sensors, cameras, panic buttons, fire sprinklers & extinguishers and alarms.

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By home type, it is classified into independent homes, condominiums, and apartments. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Increased crime rates

Improvements in network infrastructure and internet penetration would foster the market growth as consumers are increasingly opting for wireless security solutions for their homes

Increasing remote monitoring using mobile devices

Restraints:

Lack of technology awareness

Cost of initial investment

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Market Players:

The top players in the global home security solutions market include United Technologies Corporation, Assa Abloy, TYCO, Honeywell International Inc., Ingersoll Rand, Robert Bosch GmbH, Allegion PLC, Godrej & Boyce Manufacturing Company Limited, Nortek Security & Control LLC, and Alarm.Com.

MARKET LANDSCAPE

By Solution

Medical Alert System

Access Control & Management Solution

Intruder Alarm Solution

Intercom System

Video Surveillance System

Fire Protection System

Integrated Security Solution

By Product

Electronic Locks

Sensors

Cameras

Panic Buttons

Fire Sprinklers & Extinguishers

Alarms

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Table Of Contents:
Executive summary

1.1. Key findings

1.2. Market attractiveness and trend analysis

1.3. Competitive landscape and recent industry development analysis
Introduction

2.1. Report description

2.2. Scope and definitions

2.3. Research methodology
Market landscape

3.1. Growth drivers

3.1.1. Impact analysis

3.2. Restraints and challenges
Global home security solutions market by solution

4.1. Medical alert system

4.1.1. Historical market size by region, 2014-2016

4.1.2. Market forecast by region, 2017-2025

4.2. Access control & management solution

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