The report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during current and past few years. The Global Home Security Market report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors.
This report will help you understand:
- Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR by 2025
- Key parameters which are driving market and restraining its growth.
- Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.
The Global Home Security Market is expected to reach the value USD 77.98 billion by 2025, from USD 42.13 billion in 2017 growing at a CAGR of 8.0% during the forecast period of 2018 to 2025.
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Competitive Analysis: Global Home Security Market
The Global Home Security Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Home Security Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
On September 2018, ADT Inc. (NYSE: ADT), a leading provider of home and business security automation solutions in North America introduced new and advanced risk management services and a technical desk running 24*7 for end user support, enabling process optimization and wider coverage solutions.
In June 2018 Securitas acquired Kratos Public Safety and Security division (KPSS), a leading system integrator in the US.
Market Drivers and Restraints: Global Home Security Market
- Increasing awareness and concerns for security among masses.
- Emergence of smart cities and wireless connected network.
- End users willingness to pay for the subsequent technologies.
Market Restraint: Global Home Security Market
- The high cost of installation and maintenance of home security system.
- Lack of skilled workforce.
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Key Players/Competitors: Global Home Security Market
- Bosch Security and Safety Systems,
- Honeywell Home Pro,
- Johnson Controls,
- ASSA ABLOY Group,
- UTC Climate,
- Controls & Security,
- August Home Inc,
- Ingersoll Rand,
- Ooma, Inc.,
- Deutsche Telekom,
- Mivatek Smart Connect,
- Panasonic Security Solutions,
- Axis Communications
- Deutsche Telekom UK Limited,
- Vivint Smart Home,
- SECOM Plc,
- Dahua Technology USA,
- Dallmeier electronic,
- Cognitive Systems Corp.,
Hikvision USA, Hikvision Korea, Godrej & Boyce Mfg. Co. Ltd., Control4, Legrand (S) Pte Ltd, Legrand, North America, Nortek Security & Control, Securitas Group, Samsung Electronics, Samsung Electronics America, Prosegur, Vivint Smart Home Arena, Frontpoint, SimpliSafe, Protect America, LiveWatch, Allegion, PLC, Allegion US, Alarm.com, Dahua Technology Co. LTD, STANLEY Security and others.
Market Segmentation: Global Home Security Market
Global Home Security Market, By Product Type (Detection System, Alarm Panels, Communication Devices), Component (Hardware, Software, Services), End-Users/Application (Household, Commercial, Industrial), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025.
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