Portland, OR -- (SBWire) -- 07/24/2017 --Home security solutions are concerned with residential security from several dangers such as burglaries, theft, and any other unethical practices. Home security solutions are electronic security systems that are used to monitor homes, living premises, and personal property. Due to rise in property related crimes and home intrusions, globally, consumers have become more aware about the safety and security of their families and properties, which as a result, is driving the market for home security solutions.
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Based on solutions, the market is divided into medical alert systems, access control & management solutions, intruder alarm solutions, intercom systems, video surveillance systems, fire protection systems, and integrated security solutions. According to product type, the market is categorized into electronic locks, sensors, cameras, panic buttons, fire sprinklers & extinguishers and alarms. By home type, it is classified into independent homes, condominiums, and apartments. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Increased crime rates
Improvements in network infrastructure and internet penetration would foster the market growth as consumers are increasingly opting for wireless security solutions for their homes
Increasing remote monitoring using mobile devices
Restraints:
Lack of technology awareness
Cost of initial investment
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Market Players:
The top players in the global home security solutions market include United Technologies Corporation, Assa Abloy, TYCO, Honeywell International Inc., Ingersoll Rand, Robert Bosch GmbH, Allegion PLC, Godrej & Boyce Manufacturing Company Limited, Nortek Security & Control LLC, and Alarm.Com.
MARKET LANDSCAPE
By Solution
Medical Alert System
Access Control & Management Solution
Intruder Alarm Solution
Intercom System
Video Surveillance System
Fire Protection System
Integrated Security Solution
By Product
Electronic Locks
Sensors
Cameras
Panic Buttons
Fire Sprinklers & Extinguishers
Alarms
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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
4. Global home security solutions market by solution
4.1. Medical alert system
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Access control & management solution
Global Home Security Solutions Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
Home security solutions are concerned with residential security from several dangers such as burglaries, theft, and any other unethical practices.