The Business Research Company’s Home Security System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Home Security System Global Market Report 2023 evaluates home security system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global home security system market size grew from $3.97 billion in 2022 to $4.01 billion in 2023 at a compound annual growth rate (CAGR) of 0.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The home security system market size is expected to grow to $4.26 billion in 2027 at a CAGR of 1.6%.
The home security system market segments in the report are:
1) By System: Fire Protection System, Video Surveillance System, Access Control System, Entrance Control System, Intruder Alarm System
2) By Component: Hardware, Software, Services
3) By Security Type: Professionally-Installed And Monitored, Self-Installed And Professionally Monitored, Do-It-Yourself (DIY)
4) By End User: Condominiums, Apartments, Independent Homes
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The table of contents in TBRC’s home security system market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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.
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
Top 5 Major Key Players Are:
- ADT LLC
- Honeywell International Inc
- Johnson Controls International plc
- Hangzhou Hikvision Digital Technology Co. Ltd
- Assa Abloy AB
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