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Home Security Systems Market Forecast, Opportunities and Challenges

The global home security systems market size was valued at USD 53.6 billion in 2020 and is expected to reach USD 78.9 billion by 2025, at a CAGR of 8.0% during the forecast period. The growth of the home security systems market is driven by factors such as growing awareness regarding home security systems, the emergence of the Internet of Things (IoT) and wireless technologies and increasing adoption of IP cameras for video surveillance amid COVID-19 crisis

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Home Security Systems Market Forecast, Opportunities and Challenges

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  1. MarketsandMarkets Presents Home Security Systems Market by Home Type (Independent Homes, Apartments), Security (Professionally Installed & Monitored, Do-It-Yourself), Systems (Access Control Systems), Services (Security System Integration Services), Region - Global Forecast 2025 The global home security systems market size was valued at USD 53.6 billion in 2020 and is expected to reach USD 78.9 billion by 2025, at a CAGR of 8.0%

  2. MarketsandMarkets Presents The growth of the home security systems market is driven by factors such as   growing awareness regarding home security systems, the emergence of the Internet of Things (IoT) and wireless technologies and Increasing adoption of IP cameras for video surveillance amid COVID-19 crisis Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=205573901

  3. MarketsandMarkets Presents Do-It-Yourself (DIY) security market  to grow at a high rate from 2020 to 2025 The market for Do-it-Yourself (DIY) security systems is expected to grow at the highest CAGR during the forecast period. One of the major factors contributing to the projected high growth of the market for DIY security systems is the cost optimization ensured by these systems. Some of the products offer integrated alarm triggers and other smart features, which help to detect a break-in by security cameras in regular monitoring activities

  4. MarketsandMarkets Presents Video Surveillance Systems to hold the largest share of the market by systems in 2019 The video surveillance systems segment is expected to hold the largest share of the home security systems market by systems in 2019. One of the major benefits of the video surveillance system is that it ensures full-time monitoring in both densely populated areas as well as remote areas. The surveillance cameras today use AI and deep learning to empower security with more reliability and accuracy. For instance, Hangzhou Hikvision Digital Technology (China) launched DeepinView Camera Series equipped with the deep learning feature to provide accurate and consistent video content analytics (VCA) performance.

  5. MarketsandMarkets Presents Home security systems market in APAC to grow at the highest rate during the forecast period The home security systems market in APAC is witnessing exponential growth, mainly because of the growing awareness about the potential security threats to individuals and the expanding construction industry. The security-consciousness of buyers encourages the project developers to pre-install the security solutions in new housing projects

  6. MarketsandMarkets Presents Key Market Players ADT LLC. (ADT) (US), Honeywell International Inc. (Honeywell) (US), Johnson Controls International plc. (Johnson Controls) (US) HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO. LTD. (HANGZHOU HIKVISION DIGITAL TECHNOLOGY) (China), ASSA ABLOY AB (ASSA ABLOY) (Sweden), SECOM CO., LTD. (SECOM) (Japan), Robert Bosch GmbH (Robert Bosch) (Germany), United Technologies Corporation (United Technologies) (US), Godrej and Boyce Mfg. Co. Ltd. (Godrej & Boyce) (US), Alarm.com Incorporated (Alarm.com) (US), Allegion Plc. (Allegion) (Republic of Ireland), Control4 Corporation (Control4) (US), Schneider Electric SE. (Schneider Electric) (France), LegrandPvt Ltd. (Legrand) (France), Asea Brown Boveri Ltd. (ABB) (Switzerland), Comcast Corporation (Comcast) (US), STANLEY Convergent Security Solutions, Inc. (STANLEY Convergent Security Solutions) (US), Nortek Security & Control LLC (Nortek Security & Control) (US), and Vivint, Inc. (Vivint) (US)

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  8. MarketsandMarkets Presents MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. AashishMehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441

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