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Smart Home Security Market Size, Share, Analysis, Growth, Trends, Industry Report 2022-2031 | ADT, Amazon, Honeywell International, Hangzhou Hikvision Digital Technology, Frontpoint Security Solutions, Ring

11-29-2022 11:44 AM CET | IT, New Media & Software

Press release from: The Business research company

Smart Home Security Market

Smart Home Security Market

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The global Smart Home Security market report by the business research company identifies the smart home security market is driven by increasing crime rates across the globe. With the increasing crime rates, the consumers are increasingly focusing on safety and security systems especially in residential areas. Smart home devices such as smart alarms, smart cameras, and smart lockers are being preferred by the households to be more safe and secure. According to home burglary statistics, 88% of all burglaries are residential in nature and there is 300% possibility of theft in homes without security systems.

The global smart home security market is expected to grow from $2.69 billion in 2021 to $3.27 billion in 2022 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The smart home security systems market is expected to reach $6.81 billion in 2026 at a CAGR of 20.1%.

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https://www.thebusinessresearchcompany.com/report/smart-home-security-global-market-report

The regions covered in the smart home security systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the smart home security systems market are ADT, Amazon, Honeywell International, Hangzhou Hikvision Digital Technology, Frontpoint Security Solutions, Ring, Samsung, Vivint Smart Home Security, Simpli Safe, Robert Bosch, Protect America, Alphabet, Apple, Comcast, Netgear, Skybell Technologies, Alarm.com, Canary connect, AT&T, August Home, Google, Butterfleye, Tyco security products, Livewatch security, G4S, Cocoon labs, Legrand and Ingersoll Rand.

The global smart home security market is segmented -
1) By Product: Smart Alarms, Smart Camera And Monitoring System, Smart Locks And Sensors, Smart Detectors
2) By Application: Independent Homes, Apartments, Condominiums
3) By Component: Hardware, Software, Service

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The Smart Home Security Market Report Contents Include
1. Executive Summary
2. Smart Home Security Market Characteristics
3. Smart Home Security Market Trends And Strategies
4. Smart Home Security Market - Macro Economic Scenario
5. Smart Home Security Market Size And Growth
.....
26. Africa Smart Home Security Market
27. Smart Home Security Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Home Security Market
29. Smart Home Security Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Smart Home Security Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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