Chicago, IL -- (SBWIRE) -- 05/30/2017 -- According to the new market research report, "Home Security Market, by Products (Electronic Locks, Sensors, Cameras, Panic Buttons, Alarms, Fire Sprinklers and Extinguishers), Solutions (Medical Alert Systems, Access Control & Management Solutions, Video Surveillance Solutions, Fire Protection Systems, Intruder Alarm Solutions, Intercom Systems, Integrated Security System, Fire Protection System), Home Type (Independent Houses, Condominiums, Apartments) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the global home security market is expected to grow at a healthy CAGR during the forecast period.

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The global home security market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.

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Key findings of the report:

1. The rapid growth in remote monitoring with help of the mobile devices, accurate and sophisticated security systems, and easy installation of the wireless technology are some of the major factors driving the home security market.

2. The rise in the crime rate and the attractive insurance policies are also expected to be the major drivers for the home security market during the forecast period.

3. The rapid rise in demand from the electrical and telecommunication providers is also expected to create a strong rise in growth of the overall home security market in the near future.

Asia-Pacific is expected to dominate the home security market

According to the report, the Asia-Pacific region is expected to be the fastest growing geographic region in this market, during the forecast period. the report attributes this growth of the market to the rising demand for the security measures and the demand for the security systems available in the market. According to the report, the rise in the number of stay at home elderly is also one of the significant drivers for the home security market during the forecast period.

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The home security market report includes information about the key market players, which include:

1. Nortek Security & Control LLC
2. Allegion Plc
3. Assa Abloy
4. TYCO
5. United technologies Corporation
6. Alarm.com
7. Godrej & Boyce Manufacturing Company Limited
8. Honeywell International Inc
9. Robert Bosch GmbH
10. Ingersoll Rand
11. Others

About Scalar Market Research
Scalar Market Research, Inc., a U.S.-based market research and consulting firm, assists organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

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