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Home Security System Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the home security system industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected home security system market growth numbers from 2022-2031.
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The global home security system market is expected to grow from $3.92 billion in 2021 to $3.96 billion in 2022 at a compound annual growth rate (CAGR) of 1.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.08 billion in 2026 at a CAGR of 0.7%.
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The Home Security System Global Market Report 2022-31 by The Business Research Company evaluates home security system market size, growth rate, drivers, home security system industry trends, and major companies.
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
The table of contents in TBRC’s home security system market report includes:
1. Executive Summary
2. Home Security System Market Characteristics
3. Home Security System Market Trends And Strategies
4. Impact Of COVID-19 On Home Security System
5. Home Security System Market Size And Growth
….
28. Key Mergers And Acquisitions In The Home Security System Market
29. Home Security System Market Future Outlook and Potential Analysis
30. Appendix
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