Smart Home Security Market Emerging Business Trends and Investment Research Report 2022-2026

The Smart Home Security Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Smart Home Security market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Smart Home Security market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Smart Home Security market.

The Smart Home Security Market is expected to register a CAGR of 17.27% during the forecast period of 2021 - 2026.

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Top Leading Companies of Smart Home Security Market are - Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd, Abode Systems Inc., Frontpoint Security Solutions LLC, Vivint Smart Home Inc., Simplisafe Inc., CPI Security Systems Inc., Ring Inc. and others.

Industry News and Updates:

- November 2019 - Arlo Technologies Inc. announced that it has entered into definitive agreements with Verisure creating a strategic partnership that leverages both companies capabilities for incremental scale to address the ever-growing demand for residential and commercial security. The companies will combine Arlo’s innovative connected cameras and cloud services platform with Verisure’s professionally monitored security solutions to provide a new level of smart security for European customers.

- November 2019 -- Vacos announced its first Vacos Cam AI wire-free security camera and introduces this brand-new smart solution worldwide by launching crowdfunding campaigns on Indiegogo. Vacos Cam is designed, which provides installation freedom so that users can install this rechargeable battery-powered security camera just anywhere without any limitation. Vacos team adds the most advanced AI technology to this security camera, providing much more accurate alerts than any other security camera.

Key Market Trends:

Video Doorbell to Witness Significant Growth

- According to the ipropertymanagement.com, the smart home market is anticipated to reach a value of more than USD 53 billion by 2022. With increasing growth, the adoption of video doorbell significantly increases the market for smart camera and monitoring system. The video door camera is allowed to see and identify the person at the doorstep. Wireless doorbell cameras leave footage as vital proof that theft, burglary, or any other crime occurred.
- All smart video doorbell cameras have the ability to send the alerts when they sense motion and send a live video feed to the smartphone, tablet, or computer at all times along with new trend with integrating through platforms like Amazon’s Alexa, allowing to arm or disarm the camera with just user's voice.

North America Accounts for Significant Market Share

- North America is accounted for to hold significant market share. According to the statistics from the National Council for Home Safety and Security, currently, 47% of millennials in the United States own smart devices, while 70% of those who already have one smart product is considering purchasing another. As security issue is a prime concern in the home, the demand for security devices is expected to be high from the above stats.
- The surveillance system is an essential part of any modern automated home which introduces intelligent analysis of person activity to enhance the security system at home. In December 2019, Amazon sold almost 400,000 Ring security devices in the United States, which included video doorbell and security cams, which significantly supports the market growth.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Smart Home Security Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Smart Home Security Market (%),2016 - 2026
- Smart Home Security Market Share, By Brand
- Smart Home Security Market Share, By Company
- Smart Home Security Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Smart Home Security Market Value Analysis & Forecast
- Promising Smart Home Security Development by Major Companies
- Detailed Smart Home Security Portfolio of the Major Companies
- Major Deals in the Smart Home Security Market
- Major Companies Analysis

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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