Press release
Global Home Security Market Incredible Growth of + 8.0% CAGR to 2026 |Leading Players: Bosch Security Systems, Inc., Honeywell Security Group, Johnson Controls, Inc., Assa Abloy, UTC Climate Controls & Security, August Home, Ooma Inc.
Global Home Security Market is expected to reach the value USD 77.98 billion by 2025 growing at a CAGR of 8.0% .
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The company profiles of all the major players and brands that are dominating the market are mentioned in the report with respect to their moves like product launches, joint ventures, mergers and acquisitions. All the data and information included in the global Home Security Market report is extracted from incredibly reliable sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers.
Key Market Competitors:
• Bosch Security Systems, Inc.
• Honeywell Security Group
• Johnson Controls, Inc.
• Assa Abloy
• UTC Climate Controls & Security
The other players in the market are August Home, Ooma Inc., Deutsche Telekom AG, Mivatek, Panasonic Security Solutions, Hangzhou Hikvision Digital Technology, Secom Security Systems, Godrej & Boyce Group, Control4 Corporation, Legrand SA, Nortek Security and Control, ADT, Securitas AB, SAMSUNG, SIS PROSEGUR Group, Vivint, Inc. and Nestsecure Labs among others.
Market Drivers:
• Increasing awareness and concerns for security among masses.
• Emergence of smart cities and wireless connected network.
• End users willingness to pay for the subsequent technologies.
Market Restraint:
• The high cost of installation and maintenance of home security system.
• Lack of skilled workforce.
Segmentation:
By Product Type
• Detection System
• Alarm Panels
• Communication Devices
By Component
• Hardware
• Software
• Services
By Application
• Household
• Commercial
• Industrial
By Geography
• North America
U.S.
Canada,
Mexico
• Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
• Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
• South America
Brazil
Argentina
Rest of South America
• Middle East & Africa
South Africa
Egypt
Saudi Arabia
UAE
Israel
Rest of MEA
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