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Smart Home Security Global Market Outlook 2017-2026 | Amazon, Apple, Comcast, FrontPoint Security Solutions, Honeywell

09-05-2019 07:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Smart Home Security Market - Premium Market Insights

Smart Home Security Market - Premium Market Insights

According to Publisher, the Global Smart Home Security Market is accounted for $618.63 million in 2017 and is expected to reach $3,223.20 million by 2026 growing at a CAGR of 20.1% during the forecast period. Evolving consumer safety and security preferences, up surge in the penetration of connected homes, and growing high net worth population of market players across the globe are the major factors fuelling the market growth. However, cost increasing factors such as relying on electricians or other service providers are expected to restrain the growth of Smart Home Security market.

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Some of the key players profiled in the Smart Home Security market include Alphabet, Amazon, Apple, Comcast, FrontPoint Security Solutions, Honeywell, LiveWatch Security, Robert Bosch and Samsung.

Smart home security uses devices such as linking sensors, features and other appliances connected to the Internet of things (IoT) that can be remotely monitored, controlled or accessed and provide services that respond to the needs of the users. It stands for self-monitoring analysis and reporting technology. The technology was originally developed by IBM and was referred to as predictive failure analysis. It allows users to control and monitor their connected home devices from Smart home apps, smartphones, or other networked devices. Users can remotely control connected home systems whether they are home or away. This allows for more efficient energy and electric use as well as ensuring your home is secure.

Based on application, big villa segment 3. is going to have a lucrative growth during the forecast period owing to the continous demand from the consumers. By Geography, Asia Pacific region is estimated to have a lucrative growth during the forecast period due to the increasing adoption of cloud-based technologies and increased awareness of security. Population growth, urbanization, the standard of living, and increased public spending on smart cities will further boost growth in this region.

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Products Covered:
- Smart Alarms
- Smart Camera and Monitoring System
- Smart Detectors
- Smart Locks and Sensors

Types Covered:
- Alarm System
- Safety & Security System

Applications Covered:
- Apartment
- Big Villa

Contact Us:
Name: Sameer Joshi
Organization: Premium Market Insights
Email: sales@premiummarketinsights.com
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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