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Global Home Security Market Analysis - Industry Trends, Market Size, and Forecast to 2025
Home security system is a set of integrated systems connects to your home Wi-Fi network so you can monitor and control your security devices using your smartphone and an app.Entry-level systems typically include a couple of door and window sensors, a motion detector, and a hub that communicates with these devices using one or more wireless protocols such as Wi-Fi, Z-Wave, ZigBee, or a proprietary mesh network.
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The future of the home security market looks attractive with opportunities in the residential sector. The major growth drivers for this market are increasing rate of crime, declining prices of security products, increasing awareness related to safety and security, and the growing adaption of cloud-based technologies. Emerging trends, which have a direct impact on the dynamics of the home security industry, include adoption of artificial intelligence and machine learning software in the residential security sector and constant developments of security technologies, such as smart cameras and sensors.
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Market segment by Type, the product can be split into
Equipment
Electronic Lock
Video Surveillance
Fire Sprinklers & Extinguishers
Intruder Alarms
Services
Market segment by Application, split into
Villa
Apartment
Other
FEATURED COMPANIES
Honeywell
ADT
Securitas AB
Panasonic
SAMSUNG
Vivint
LifeShield
Scout Alarm
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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