Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The "Home Security Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Home Security Systems was estimated at US$63.8 Billion in 2023 and is projected to reach US$99.1 Billion by 2030, growing at a CAGR of 6.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the home security systems market is driven by several factors, including the decreasing cost of technology, increased consumer awareness about home security, and broader integration capabilities with smart home devices. As technology becomes more affordable, more households are able to invest in advanced security systems, expanding the market. Increased consumer awareness is partly spurred by higher media coverage of security breaches and a general increase in safety consciousness among homeowners.
Additionally, the expanding market for smart home devices creates opportunities for integrated systems that offer both security and convenience, appealing to a tech-savvy demographic looking for multifunctional capabilities. Economic factors, such as rising disposable incomes and property values, also encourage homeowners to invest in security systems to protect their assets.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Video Surveillance Systems segment, which is expected to reach US$41.0 Billion by 2030 with a CAGR of a 7.4%. The Access Control Systems segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $18.4 Billion in 2023, and China, forecasted to grow at an impressive 8.0% CAGR to reach $10.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Home Security Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Home Security Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Home Security Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ADT Security Services, Inc., ADS Security LP, APS FireCo, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 217 Featured):
- ADT Security Services, Inc.
- ADS Security LP
- APS FireCo
- AARtech Canada Inc
- AnyConnect
- American Wireless Alarm
- Alfred Labs
- Advanced Digital Security Ireland
- Advance Security Group
- Advance Alarms, Inc.
- Alpha Fire Suppression Systems
- Argas d.o.o.
- AAC Industrial & Building Technology Systems Industry Tic. Ltd. Sti.
- Allied Security Alarms
- Alarm Doctor
Key Attributes
| Report Attribute | Details |
| No. of Pages | 663 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $63.8 Billion |
| Forecasted Market Value (USD) by 2030 | $99.1 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Home Security Systems - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Rising Security Threats & Safety Concerns at Residential Places Provide the Foundation for the Growth of Home Security Systems
- Global Economic Outlook
- Home Security Systems: Definition, Importance & Benefits
- Recent Market Activity
- Innovations
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Smart Locks Emerge as the Leading Growth Category in the Access Control Systems Segment
- Technology Innovations in the Smart Locks Space: A Review
- Rise in Home Fires, Awareness Over Fire Safety & Strict Regulations Step Up the Importance of Installing Fire Safety/Protection Systems
- Strong Demand for Networked Cameras Emerge as a Key Trend in the Home Video Surveillance Space
- Rise of Smart Homes & Home Automation to Offer Growth Opportunities on a Platter
- Security and Surveillance in Smart Homes: A Review
- Home Automation and Security Systems Converge to Promote security Along With Comfort, Energy Efficiency & Convenience
- Automation & Home Security: A Special Focus
- Video Doorbells Market: A Promising Market
- Home Renovations & Need for Better Buildings for Post Pandemic Living to Spur Sales of Home Security Systems
- Residential Renovations to Regain Lost Momentum Post Pandemic
- AI to Revolutionize Home Security. Here's How
- Role of Blockchain in Home Security Systems
- Continuous Innovation Remains Crucial to Growth
- Favorable Demographic and Economic Trends Strengthen Market Prospects
- Aging Population: An Important Growth Driver
- Aging Homeowners Staying Alone Highlights the Need for Home Security & Emergency Response Systems: Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Rapid Urbanization & Rise in Better Provisioned Houses for the Middle Class Drive Demand For Home Security Systems
- Total Population Worldwide by Urban and Rural Population in Million: 1950-2050
- Global Middle Class Population (in Million) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
- Role of IoT in Home Security Systems
- Growing Popularity Wireless Home Security Systems to Boost Market Prospects
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fqnpjs
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