Home Security & Safety Market worth $160.56 billion by 2030, growing at a CAGR of 8.58% - Exclusive Report by 360iResearch

The "Home Security & Safety Market by Product (Access Control Systems, Entrance Control Systems, Fire Protection Systems), Component (Hardware, Services, Software), End-Use, Deployment Type - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Home Security & Safety Market to grow from USD 90.19 billion in 2023 to USD 160.56 billion by 2030, at a CAGR of 8.58%.

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Home security & safety encompasses various products, services, and technologies designed to protect residential properties, occupants, and belongings from potential threats such as theft, vandalism, fire accidents, and natural disasters. Growing urbanization has led to an increased demand for residential security solutions. Higher disposable incomes and heightened crime rate awareness encourage homeowners to seek security measures. However, high initial installation costs and potential privacy concerns may adversely impact their adoption by the end-use sectors. Furthermore, advancements in wireless communication sensor technology along with the Internet of Things (IoT) are expected to create more accessible and affordable smart home security & safety solutions, thereby increasing their deployment across the end-use sectors worldwide.

The home security & safety market is evolving in the Americas owing to the increasing crime rates and rising technological advancements in home security solutions. The rise in smart home integration and the increase in implementation of the Internet of Things (IoT) in various devices further fuel the adoption of home security & safety solutions in the Americas. EU countries are prioritizing cybersecurity measures for home security infrastructure and implementing strict regulations to ensure protection and privacy. By focusing on cybersecurity, EU countries are taking proactive steps to enhance the safety and privacy of their citizens. European governments have invested heavily in R&D to develop advanced security systems that comply with EU regulations while providing effective home security solutions. The home security & safety market is developing in the Middle East and Africa owing to rising urbanization, growing awareness about safety measures among consumers, and increasing smart city projects to enhance public safety. Increasing disposable income, growing urbanization, and surging need for advanced security solutions result in accelerated home security & safety systems deployment in the APAC region. In addition, technological advancements in home security & safety solutions are anticipated to boost the deployment of home security & safety solutions in the residential sector worldwide.

Market Segmentation & Coverage:

This research report categorizes the Home Security & Safety Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Access Control Systems, Entrance Control Systems, Fire Protection Systems, Intruder Alarm Systems, and Video Surveillance Systems. The Fire Protection Systems is projected to witness significant market share during forecast period.

Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Alarms, Biometrics, Cameras, Door & Window Protection, Fire Sprinklers & Extinguishers, and Sensors. The Alarms is further studied across Panic Buttons and Smoke Detector. The Biometrics is further studied across Electronic Locks, RFID, and Smart Cards. The Door & Window Protection is further studied across Door Wedges, Ring Doorbell Covers, Sliding Door Bars, Spare Key Hiders, and Window Poles/Bars. The Sensors is further studied across Glass-Break Sensors, Infrared (IR) Security Sensors, Microwave Sensors, Motion Sensors, and Photoelectric Sensors. The Software is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Apartments, Condominiums, and Independent Homes. The Independent Homes is projected to witness significant market share during forecast period.

Based on Deployment Type, market is studied across Do-It-Yourself and Professionally-Installed & Monitored. The Do-It-Yourself is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.11% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Home Security & Safety Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Home Security & Safety Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Home Security & Safety Market, highlighting leading vendors and their innovative profiles. These include abode systems, inc., ADT Inc., AlarmClub Inc., Alula, Amazon.com, Inc., Ansul Inc., Arlo Technologies, Inc., Brinks Home by Monitronics International, Inc., Canary Connect, Inc., Comcast Corporation, Control4 by Snap One, LLC, Cove Smart, LLC, Frontpoint Security Solutions, LLC, Google LLC by Alphabet Inc., Guardian Protection Services, Inc., Haier Group Corporation, Honeywell International Inc., Johnson Controls International PLC, Monitronics International, Inc., Nice North America LLC, Qolsys Inc., Resideo Technologies, Inc., Ring LLC, Scout Security, Inc., SimpliSafe, Inc., SuretyCAM, LLC, Vivint Smart Home, Inc., Wyze Labs, Inc., and Zener Fire & Security LLC.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Home Security & Safety Market, by Product
7. Home Security & Safety Market, by Component
8. Home Security & Safety Market, by End-Use
9. Home Security & Safety Market, by Deployment Type
10. Americas Home Security & Safety Market
11. Asia-Pacific Home Security & Safety Market
12. Europe, Middle East & Africa Home Security & Safety Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Home Security & Safety Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Home Security & Safety Market?
3. What is the competitive strategic window for opportunities in the Home Security & Safety Market?
4. What are the technology trends and regulatory frameworks in the Home Security & Safety Market?
5. What is the market share of the leading vendors in the Home Security & Safety Market?
6. What modes and strategic moves are considered suitable for entering the Home Security & Safety Market?

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