Home Security System Market

Global Home Security System Market is valued at USD 42.21 Billion in 2021 and is expected to reach USD 95.08 Billion by 2028 with a CAGR of 12.3% over the forecast period.

Scope of Global Home Security Systems Market

Home security system is security hardware solutions that are protecting the securing entry points such as doors, windows, and interior space containing various valuable resources. In this system, different types of security devices are included like interior & exterior motion sensors, control panels, wired or wireless security cameras, and high decibel sirens or alarms. The door and window sensor in the security system detects and reports the opening and closing of doors and windows. In the home security system alarm are also used to receive alerts. For example, Godrej company sensors not only detect just fire and robbers but also protect from glass breakage.

The global home security system market report is segmented on the basis of home type, system type, offering, and regional & country level. Based on home type, the global home security system market is classified as independent homes, condominiums/apartments. Based on system type, the market is classified as professionally installed and monitored, self-installed and professionally monitored, and do-it-yourself (DIY). Based on offering, the global home security system market is further classified as products (fire protection systems, video surveillance systems, access control systems, entrance control systems, and intruder alarms). Services are further sub-classified as (security system integration services, remote monitoring services, fire protection services, video surveillance services, and access control services).

The regions covered in this Home Security System Market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of home security system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Home Security System Segmentation

By Home Type

• Independent Homes
• Condominiums/Apartments

By System Type

• Professionally Installed and Monitored
• Self-Installed and Professionally Monitored
• Do-It-Yourself (DIY)

By Offering

• Products
• Fire Protection Systems
• Video Surveillance Systems
• Access Control Systems
• Entrance Control Systems
• Intruder Alarms
• Services
• Security System Integration Services
• Remote Monitoring Services
• Fire Protection Services
• Video Surveillance Services
• Access Control Services

Home Security Systems Companies

Global Home Security System Market report covers prominent players like

• ADT
• Honeywell
• Johnson Controls
• Hangzhou Hikvision Digital Technology
• ASSA ABLOY
• SECOM
• Robert Bosch
• United Technologies
• Godrej & Boyce
• Alarm.com
• Allegion
• Control4
• Schneider Electric
• Legrand
• ABB
• Comcast
• STANLEY Convergent Security Solutions
• Nortek Security & Control
• Frontpoint
• Vivint
• Other

Increasing Security Concerns Customers Worldwide is Driving the Global Home Security System Market

Due to the increasing rate of theft there is increased security concerns among the customers worldwide which is one of the key factors anticipated to grow the home security system market. Additionally, the increasing use of the internet in day-to-day life and the significant adoption of smartphones is also supplementing the growth of the global home security system market. Moreover, rapid urbanization is increasingly making the use of Wi-Fi technology which is mostly used in homes and commercial establishments also rapidly growing. For building security purposes the demand of security systems is also increased. However, lack of awareness about advanced security solutions may obstruct the growth of this market. Moreover, the strategies adopted by telecom providers & electrical distributors will create new opportunities for this market.

North America is Expected to Dominate the Global Home Security System Market.

North America is expected to dominate the global home security system market within the forecast period owing to the evolvement of advanced sensor technologies for smart homes and high disposable income helps. In the past few years, increasing cases of theft, burglary, have made the people, as well as the government, invest in this sector.

Europe is an exponentially growing region due to the higher spending capabilities of organizations to invest in premium IoT security solutions and services are contributing to the growth of the market. Due to increasing urbanization, residential, commercial, and industrial sectors increasingly need a security system in the Asia Pacific region. With the increasing urbanization, the use of smartphones and internet users is also increased in this region. Increasing telecom industries is also one of the important factors to foster home security system market growth in the Asia Pacific region.

On Special Requirement Home Security System Industry Report is also available for below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

The Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2021 - 2028
Market Size in 2021:	USD 42.21 Billion
Base year considered	2021
Forecast Period CAGR %:	12.3%
Market Size Expected in 2028:	USD 95.08 Billion
Tables, Charts & Figures:	175
Pages	300
Home Security Systems Companies	ADT, Honeywell, Johnson Controls, Hangzhou Hikvision Digital Technology, ASSA ABLOY, SECOM, Robert Bosch, United Technologies, Godrej & Boyce, Alarm.com, Allegion, Control4, Schneider Electric, Legrand, ABB, Comcast, STANLEY Convergent Security Solutions, Nortek Security & Control, Frontpoint, Vivint and Other.
Segments Covered	By Home Type, By System Type, By Offering
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa