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Global Residential Security Systems Market 2016-2020

Global Residential Security Systems Market 2016-2020

About Residential Security Systems

Residential security systems are grids of integrated electronic devices working collectively with a central control panel to defend against burglars and other potential home intruders. Residential security systems operate on the concept of fortifying entry points of a home with sensors that interconnect with a control panel installed in a suitable location inside the home. These sensors are usually positioned on doors as well as easily accessible windows, especially at ground level. Open spaces inside of homes are usually secured with motion sensors.

Technavio’s analysts forecast the global residential security systems market to grow at a CAGR of 7.34% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global residential security systems market for 2016-2020. It also presents the major vendors that are involved in the manufacture of residential security systems for homes across regions such as North America, Europe, APAC, and ROW.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Residential Security Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ADT Security Services
  • ASSA ABLOY
  • Bosch Security Systems
  • Honeywell International
  • Nortek Security and Control
  • Tyco Security Products
Other prominent vendors
  • A2 Systems
  • Alarm.com
  • Axis Communications
  • DvTel
  • Gallagher
  • Genetec
  • Hikvision Digital
  • Intergraph
  • Ketec
  • Lenel Systems
  • MOBOTIX
  • Monitronics International
  • Moonblink
  • Vivint
Market driver
  • Rising threats to residential buildings
  • For a full, detailed list, view our report
Market challenge
  • Threat to user privacy
  • For a full, detailed list, view our report
Market trend
  • Emergence of IoT in residential security systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Security Systems Market 2016-2020

Technavio recognizes the following companies as the key players in the report global residential security systems market: ADT Security Services, ASSA ABLOY, Bosch Security Systems, Honeywell International Nortek Security and Control, Tyco Security Products, A2 Systems, Alarm.com, Axis Communications, DvTel, Gallagher, Genetec, Hikvision Digital, Intergraph, Ketec, Lenel Systems, MOBOTIX, Monitronics International, Moonblink, and Vivint

Commenting on the report, an analyst from Technavio’s team said that emergence of IoT in residential security systems is one the key trends. Earlier, security solutions such as access control, intruder alarms, and video surveillance were self-contained and not connected to other systems. Also, they were configured for specific purposes. Closed circuit television (CCTV) systems had cameras linked through cable with proprietary communications to a video controller. Users had authorizations like identity tokens, badges, or fobs that connected directly to the access management tool system. Equipment was monitored and serviced by facility teams or contractors.

According to the report, rising threats to residential buildings is one of the drivers promoting growth. The increasing incidences in the number of criminal activities, thefts, and unauthorized access to individual homes and residential buildings have increased the threat among the owners. Hence, residential buildings are being equipped with a special platform, which will help its occupants to remotely access electronic devices at home via mobile devices such as smartphones, tablets, and laptops. This includes energy management, lighting control, controlling safety and security, and electronic locks. The security provided by monitoring solutions is robust and reliable and can prevent unwanted access to residences.

Further, the report states that threat to user privacy is one of the challenges that the market is facing. The smart home provides enhanced technology and improved experience in various fields such as energy management and home appliances management apart from home automation and security. However, there have been instances of smart homes hacking, which can be a major threat to the market.

Companies Mentioned

ADT Security Services, ASSA ABLOY, Bosch Security Systems, Honeywell International Nortek Security and Control, Tyco Security Products, A2 Systems, Alarm.com, Axis Communications, DvTel, Gallagher, Genetec, Hikvision Digital, Intergraph, Ketec, Lenel Systems, MOBOTIX, Monitronics International, Moonblink, and Vivint

  • Executive summary
    • Highlights
  • Scope of the report
    • Definition
    • Base year and forecast period
    • Market reportage
    • Market size computation
    • Market segmentation
      • Table Segmentation of global residential security systems market
    • Geographical coverage
      • Table Key regions
    • Vendor segmentation
    • Common currency conversion rates
      • Table Common currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Evolution of smart homes
  • Market landscape
    • Market size and forecast
      • Table Global residential security systems market 2016-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by products
    • Market overview
      • Table Segmentation of global residential security systems market by product 2015-2020 (% share)
    • Security cameras
      • Table Global residential security systems market for security cameras 2015-2020 ($ billions)
    • Electronic and smart locks
      • Table Global residential security systems market for electronic and smart locks 2015-2020 ($ billions)
    • Sensors and detectors
      • Table Global residential security systems market for sensors and detectors 2015-2020 ($ billions)
    • Alarms
      • Table Global residential security systems market for alarms 2015-2020 ($ billions)
    • Security solutions
      • Table Global residential security systems market for security solutions 2015-2020 ($ billions)
      • Table Segment-wise contribution of security solutions in 2015
    • DIY residential security
      • Table Global residential security systems market for DIY residential security 2015-2020 ($ billions)
  • Geographical segmentation
    • Global residential security systems market by geography 2015
      • Table Global residential security systems market by geography 2015
    • Global residential security systems market by geography 2020
      • Table Global residential security systems market by geography 2020
    • North America
      • Table Residential security systems market in North America 2015-2020 ($ billions)
    • Europe
      • Table Residential security systems market in Europe 2015-2020 ($ billions)
      • Table Expenditure of smart home users in Europe by application (%)
      • Table Security and access control in smart homes market in Europe 2015
      • Table Country-wise smart homes installation in Europe in 2014
    • APAC
      • Table Residential security systems market in APAC 2015-2020 ($ billions)
    • ROW
      • Table Residential security systems market in ROW 2015-2020 ($ millions)
  • Key leading countries
    • Table Key leading countries
    • US
      • Table Top security companies in the US market 2016
    • Germany
    • China
  • Summary of key figures
    • Table Product segments: Year-over-year (Y-o-Y) revenue comparison ($ billions)
    • Table Product segments (continued): Year-over-year revenue comparison ($ billions)
    • Table Geographical segments: Y-o-Y revenue comparison ($ billions)
  • Market drivers
    • Rising threats to residential buildings
    • Entry of MSOs in residential security
    • Discounts from insurance providers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Threat to user privacy
    • Difficulty in choosing the right security solution
    • Lack of standards and certification procedures for manufacturing security solutions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of IoT in residential security systems
    • Remote access for residential security system
    • Use of body-worn cameras
    • Collaboration with leading multinational consumer product companies
  • Emerging products
    • Table Components of smart home ecosystem
  • Vendor landscape
    • Competitive scenario
    • Market vendor analysis
      • ADT Security Services
        • Table Strategies used by ADT Security Services
        • Table Distribution channel strategies
    • ASSA ABLOY
    • Bosch Security Systems
    • Honeywell International Inc.
    • Nortek Security and Control
    • Tyco Security Products
      • Table Strategies for growth: Tyco Security Products
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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