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Diy Home Security Solutions Market : In-Depth Market Research Report 2016 – 2026 With Top Key Players - SAMSUNG SmartThings,Piper (Icontrol Networks, Inc.),SImpliSafe, Inc.,abode systems, inc.,Nest Labs,Frontpoint Security Solutions,Protect America, Inc

07-05-2019 04:10 PM CET | IT, New Media & Software

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Diy Home Security Solutions Market

Diy Home Security Solutions Market

A rise in crime rates and burglaries in commercial as well as residential complexes across the globe has intensified the adoption of security solutions. Moreover, since their introduction, smart home devices have witnessed a high adoption rate due to the ease of operations, interoperability and seamless experience. Due to this, people have gradually started transitioning towards smart homes. The continuous infrastructural development is a result of the high demand from end users for a seamless experience. This demand for smart home devices and the transition towards smart homes will have a significant impact on the growth of the DIY home security solutions market.

North America to grab a major portion of the global market pie

Owing to the growing crime rate in the region, North America has emerged as the leading region in terms of the adoption of DIY home security solutions. It has been further projected that the region will maintain its lead in the global market by the end of the forecast period. The growing use of DIY home security solutions in the region can be attributed to the increasing number of smart homes in the region. Given the need to preserve energy, people in the region are looking for solutions that consume less energy and also cater to their cost cutting needs. Moreover, the crime rates in the region have also taken a toll, thus spreading fear among people. Further, the inclination of people towards the use of inexpensive smart security products has impelled consumers to opt for DIY home security solutions.

Incessant innovation in the region is also expected to pay off well for the market in North America. Continuous innovations, expansions, and customization of products have enabled the operability of a DIY home security system via various devices other than smartphones or smartphone applications. DIY home security system manufacturers and providers have started introducing products that can be operated by video cameras, voice speakers, doorbells, etc. An additional advantage of adopting these DIY systems is that they have pre-defined features embedded in the products, for which an individual is not expected to pay extra unlike professional security systems. As a result of these factors, the penetration of DIY home security solutions in the region is expected to be high in the coming years.

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Europe to increase security systems integration in rented homes

Being a core tourist and education center, Europe is a hub for travelers and students alike. As a result, the number of rented apartments and houses is quite high in the region. Moreover, the region is famous for allocation among EU countries of people looking for jobs or for study purposes. Owners of certain rented houses are avoiding falling from the edge and are looking forward to enhance the security systems of their homes.

As DIY home security systems are ideal for small and medium-sized residential spaces such as flats or apartments, system providers are focusing on catering to the respective audience mostly. Out of the above, the recent transitioning residential preference trend followed by the millennial population has made them a prime target of DIY home security system manufacturers. Furthermore, by tracking the recent purchasing drift of the millennial population, almost every DIY home security system provider is promoting and selling their products online, in spite of organized retail chains. This trend is also expected to give the market a much needed boost in the region.

Innovation to Stay Focal Point of Leading Vendors in the Global Market

In order to stay competent in the market and surpass rivals, several top companies are focusing on new product launches with advanced features. Key players are also entering into mergers or partnerships in order to make use of the technology of other players and maintain a high rank in the market. Some of the leading companies operating in the global DIY home security solutions market are SAMSUNG SmartThings, Frontpoint Security Solutions, SimpliSafe, Inc., Protect America, Inc., and abode systems, inc.

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Diy Home Security Solutions Market : TOC

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Background
3.1. Macro-Economic Factors
3.2. Forecast Factors – Relevance & Impact
3.3. Value Chain
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Trends
3.4.4. Opportunity Analysis

4. Market Forecast
4.1. Market Volume and Value Analysis
4.2. Global Market Size Projections
4.2.1. Y-o-Y Projections
4.2.2. Absolute $ Opportunity Analysis

5. Global DIY Home Security Solutions Market Analysis By Component
5.1. Introduction
5.1.1. Market Value Share Analysis By Component
5.1.2. Y-o-Y Growth Analysis By Component
5.2. Historical Market Size and Volume Analysis By Component 2012–2016
5.3. Market Size and Volume Forecast By Component 2017–2025
5.3.1. Solution
5.3.2. Services
5.4. Market Attractiveness Analysis By Component

6. Global DIY Home Security Solutions Market Analysis By Product Type
6.1. Introduction
6.1.1. Market Value Share Analysis By Product Type
6.1.2. Y-o-Y Growth Analysis By Product Type
6.2. Historical Market Size and Volume Analysis By Product Type 2012–2016
6.3. Market Size and Volume Forecast By Product Type 2017–2025
6.3.1. Monitoring and Alarming Systems
6.3.2. DIY Security Cameras
6.3.3. Others
6.4. Market Attractiveness Analysis By Product Type

7. Global DIY Home Security Solutions Market Analysis By Sales Channel
7.1. Introduction
7.1.1. Market Value Share Analysis By Sales Channel
7.1.2. Y-o-Y Growth Analysis By Sales Channel
7.2. Historical Market Size and Volume Analysis By Sales Channel 2012–2016
7.3. Market Size and Volume Forecast By Sales Channel 2017–2025
7.3.1. E-Commerce/Online
7.3.2. Organized Retailers
7.4. Market Attractiveness Analysis By Sales Channel

8. Global DIY Home Security Solutions Market Analysis By Region
8.1. Introduction
8.1.1. Market Value Share Analysis By Region
8.1.2. Y-o-Y Growth Analysis By Region
8.2. Historical Market Size and Volume Analysis By Region 2012–2016
8.3. Market Size and Volume Forecast By Region 2017–2025
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. China
8.3.5. Japan
8.3.6. SEA and Other APAC
8.3.7. MEA
8.4. Market Attractiveness Analysis By Region

9. North America DIY Home Security Solutions Market Analysis
9.1. Introduction
9.2. Historical Market Size and Volume Analysis By Market Segments, 2012–2016
9.3. Market Size and Volume Forecast By Market Segments, 2017–2025
9.3.1. By Country U.S. Canada
9.3.2. By Component
9.3.3. By Product Type
9.3.4. By Sales Channel
9.4. Market Attractiveness Analysis
9.4.1. By Country
9.4.2. By Component
9.4.3. By Product Type
9.4.4. By Sales Channel
9.5. Key Takeaways

10. Latin America DIY Home Security Solutions Market Analysis
10.1. Introduction
10.2. Historical Market Size and Volume Analysis By Market Segments, 2012–2016
10.3. Market Size and Volume Forecast By Market Segments, 2017–2025
10.3.1. By Country Brazil Mexico Rest of Latin America
10.3.2. By Component
10.3.3. By Product Type
10.3.4. By Sales Channel
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Component
10.4.3. By Product Type
10.4.4. By Sales Channel
10.5. Key Takeaways

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Persistence Market Research
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USA – Canada Toll Free: 800-961-0353

About us :

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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