
Global Home Security Solutions Market Size Study, by Type (Hardware, Software/Platform, Service), by Solutions (Video Surveillance System, Alarm System, Access Control System, Others), by Installation (Professionally Installed, Do-It-Yourself), by End Use
Description
Global Home Security Solutions Market Size Study, by Type (Hardware, Software/Platform, Service), by Solutions (Video Surveillance System, Alarm System, Access Control System, Others), by Installation (Professionally Installed, Do-It-Yourself), by End Use (Independent Homes, Condominium, Apartment), and Regional Forecasts 2022-2032
Global Home Security Solutions Market is valued at approximately USD 48.1 billion in 2023 and is anticipated to grow at a robust CAGR of 10.56% over the forecast period 2024-2032. Home security solutions refer to comprehensive systems designed to protect homes from various threats, including intruders, theft, fire, and toxins. These solutions typically comprise video surveillance, access control, fire alarms, motion detectors, and other devices that ensure the safety of residential properties. The rising demand for these solutions is fueled by increasing security concerns worldwide, particularly due to the surge in home intrusion incidents. Additionally, the growing need for advanced and convenient access control systems in both residential and non-residential segments is driving the market's expansion.
The demand for home security solutions is also being driven by the convenience and efficiency offered by modern systems, which allow homeowners to monitor their properties remotely. However, the high installation and setup costs of these systems pose a significant challenge, especially for those with budget constraints. On the other hand, the increasing availability and popularity of do-it-yourself (DIY) installation options provide a significant growth opportunity, as more consumers seek affordable and flexible security solutions.
The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. North America dominates the home security solutions market, with the U.S. holding the largest share. This is largely attributed to the frequent launch of new technologies and solutions by leading market players in the region. The market in Asia-Pacific is also expected to experience substantial growth, driven by rising consumer awareness and increasing investments in home security technologies.
Major market players included in this report are:
Johnson Controls (Tyco Security Products)
Nortek Security and Control
Honeywell International Inc.
ASSA ABLOY
ADT LLC DBA ADT SECURITY SERVICES
Vivint, Inc.
Bosch GmbH
MOBOTIX
Alarm.com Incorporated
Brinks Home Security (MONI Smart Security)
ASSA ABLOY Group
Hikvision Digital Technology Co., Ltd.
Securitas AB
Axis Communications AB
Comcast Xfinity Home
The detailed segments and sub-segments of the market are explained below:
By Type:
Hardware
Software/Platform
Service
By Solutions:
Video Surveillance System
Alarm System
Access Control System
Others
By Installation:
Professionally Installed
Do-It-Yourself (DIY)
By End Use:
Independent Homes
Condominium
Apartment
By Region:
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Latin America
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2022 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.
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Table of Contents
285 Pages
- Chapter 1. Global Home Security Solutions Market Executive Summary
- 1.1. Global Home Security Solutions Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Solutions
- 1.3.3. By Installation
- 1.3.4. By End Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Home Security Solutions Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Home Security Solutions Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Global Security Concerns and Need for Advanced Home Security
- 3.1.2. Increasing Adoption of Smart Home Technologies
- 3.2. Market Challenges
- 3.2.1. High Installation Costs and Complexity of Setup
- 3.2.2. Concerns over Data Privacy and Cybersecurity Risks
- 3.3. Market Opportunities
- 3.3.1. Growth of DIY Security Solutions and Smart Home Integration
- 3.3.2. Expansion in Emerging Markets with Increasing Urbanization
- Chapter 4. Global Home Security Solutions Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Home Security Solutions Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Home Security Solutions Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Hardware
- 5.2.2. Software/Platform
- 5.2.3. Service
- Chapter 6. Global Home Security Solutions Market Size & Forecasts by Solutions 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Home Security Solutions Market: Solutions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Video Surveillance System
- 6.2.2. Alarm System
- 6.2.3. Access Control System
- 6.2.4. Others
- Chapter 7. Global Home Security Solutions Market Size & Forecasts by Installation 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Home Security Solutions Market: Installation Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Professionally Installed
- 7.2.2. Do-It-Yourself (DIY)
- Chapter 8. Global Home Security Solutions Market Size & Forecasts by End Use 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Home Security Solutions Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Independent Homes
- 8.2.2. Condominium
- 8.2.3. Apartment
- Chapter 9. Global Home Security Solutions Market Size & Forecasts by Region 2022-2032
- 9.1. North America Home Security Solutions Market
- 9.1.1. U.S. Home Security Solutions Market
- 9.1.1.1. Type breakdown size & forecasts, 2022-2032
- 9.1.1.2. Solutions breakdown size & forecasts, 2022-2032
- 9.1.1.3. Installation breakdown size & forecasts, 2022-2032
- 9.1.1.4. End Use breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Home Security Solutions Market
- 9.1.2.1. Type breakdown size & forecasts, 2022-2032
- 9.1.2.2. Solutions breakdown size & forecasts, 2022-2032
- 9.1.2.3. Installation breakdown size & forecasts, 2022-2032
- 9.1.2.4. End Use breakdown size & forecasts, 2022-2032
- 9.1.3. Mexico Home Security Solutions Market
- 9.1.3.1. Type breakdown size & forecasts, 2022-2032
- 9.1.3.2. Solutions breakdown size & forecasts, 2022-2032
- 9.1.3.3. Installation breakdown size & forecasts, 2022-2032
- 9.1.3.4. End Use breakdown size & forecasts, 2022-2032
- 9.2. Europe Home Security Solutions Market
- 9.2.1. U.K. Home Security Solutions Market
- 9.2.2. Germany Home Security Solutions Market
- 9.2.3. France Home Security Solutions Market
- 9.2.4. Spain Home Security Solutions Market
- 9.2.5. Italy Home Security Solutions Market
- 9.2.6. Rest of Europe Home Security Solutions Market
- 9.3. Asia-Pacific Home Security Solutions Market
- 9.3.1. China Home Security Solutions Market
- 9.3.2. India Home Security Solutions Market
- 9.3.3. Japan Home Security Solutions Market
- 9.3.4. Australia Home Security Solutions Market
- 9.3.5. South Korea Home Security Solutions Market
- 9.3.6. Rest of Asia Pacific Home Security Solutions Market
- 9.4. LAMEA Home Security Solutions Market
- 9.4.1. Brazil Home Security Solutions Market
- 9.4.2. Mexico Home Security Solutions Market
- 9.5. Middle East and Africa Home Security Solutions Market
- 9.5.2. Saudi Arabia Home Security Solutions Market
- 9.5.3. South Africa Home Security Solutions Market
- 9.5.4. Rest of LAMEA Home Security Solutions Market
- Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Johnson Controls (Tyco Security Products)
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. Nortek Security and Control
- 10.3.3. Honeywell International Inc.
- 10.3.4. ASSA ABLOY
- 10.3.5. ADT LLC DBA ADT SECURITY SERVICES
- 10.3.6. Vivint, Inc.
- 10.3.7. Bosch GmbH
- 10.3.8. MOBOTIX
- 10.3.9. Alarm.com Incorporated
- 10.3.10. Brinks Home Security (MONI Smart Security)
- 10.3.11. ASSA ABLOY Group
- 10.3.12. Hikvision Digital Technology Co., Ltd.
- 10.3.13. Securitas AB
- 10.3.14. Axis Communications AB
- 10.3.15. Comcast Xfinity Home
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- List of Tables
- TABLE 1. Global Home Security Solutions Market, report scope
- TABLE 2. Global Home Security Solutions Market estimates & forecasts by Region 2022-2032 (USD Billion)
- TABLE 3. Global Home Security Solutions Market estimates & forecasts by Type 2022-2032 (USD Billion)
- TABLE 4. Global Home Security Solutions Market estimates & forecasts by Solutions 2022-2032 (USD Billion)
- TABLE 5. Global Home Security Solutions Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 6. Global Home Security Solutions Market by region, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 7. Global Home Security Solutions Market by Type, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 8. Global Home Security Solutions Market by Solutions, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 9. U.S. Home Security Solutions Market estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 10. U.S. Home Security Solutions Market estimates & forecasts by Type, 2022-2032 (USD Billion)
- TABLE 11. U.S. Home Security Solutions Market estimates & forecasts by Solutions, 2022-2032 (USD Billion)
- TABLE 12. Canada Home Security Solutions Market estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 13. Canada Home Security Solutions Market estimates & forecasts by Type, 2022-2032 (USD Billion)
- TABLE 14. Canada Home Security Solutions Market estimates & forecasts by Solutions, 2022-2032 (USD Billion) …
- This list is not complete, the final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Home Security Solutions Market, research methodology
- FIGURE 2. Global Home Security Solutions Market, market estimation techniques
- FIGURE 3. Global market size estimates & forecast methods.
- FIGURE 4. Global Home Security Solutions Market, key trends 2023
- FIGURE 5. Global Home Security Solutions Market, growth prospects 2022-2032
- FIGURE 6. Global Home Security Solutions Market, Porter’s 5 Force Model
- FIGURE 7. Global Home Security Solutions Market, PESTEL analysis
- FIGURE 8. Global Home Security Solutions Market, value chain analysis
- FIGURE 9. Global Home Security Solutions Market by Type, 2022 & 2032 (USD Billion)
- FIGURE 10. Global Home Security Solutions Market by Solutions, 2022 & 2032 (USD Billion)
- FIGURE 11. Global Home Security Solutions Market by Region, 2022 & 2032 (USD Billion)
- FIGURE 12. Global Home Security Solutions Market by segment, 2022 & 2032 (USD Billion)
- FIGURE 13. North America Home Security Solutions Market 2022 & 2032 (USD Billion)
- FIGURE 14. Europe Home Security Solutions Market 2022 & 2032 (USD Billion)
- FIGURE 15. Asia Pacific Home Security Solutions Market 2022 & 2032 (USD Billion)
- FIGURE 16. Latin America Home Security Solutions Market 2022 & 2032 (USD Billion)
- FIGURE 17. Middle East & Africa Home Security Solutions Market 2022 & 2032 (USD Billion)
- FIGURE 18. Global Home Security Solutions Market, company market share analysis (2023) …
- This list is not complete, the final report does contain more than 50 figures. The list may be updated in the final deliverable.
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