Press release
What Is Driving Global Smart Home Security Systems Market Growth in 2025: The Role of Rising Crime Rates Propel Surge In Demand For The Smart Home Security Systems Market
Smart Home Security Systems
_x000D_
How Large Will the Smart Home Security Systems Market Size By 2025?_x000D_
In recent times, there has been a significant increase in the market size of smart home security systems. The market growth is expected to progress from $63.3 billion in 2024 to $68.8 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.7%. Factors contributing to this growth during the historical period include the proliferation of smartphones, incorporation of IoT, evolution of cloud computing, application of machine learning in video analytics, and increased consumer awareness and adoption._x000D_
_x000D_
How Big Is the Smart Home Security Systems Market Size Expected to Grow by 2029?_x000D_
The market for smart home security systems is anticipated to experience significant expansion in the coming years, reaching a valuation of $94.59 billion in 2029, with a compound annual growth rate (CAGR) of 8.3%. This predicted progress during the forecasted period is largely due to factors such as artificial intelligence and deep learning, incorporation with voice assistants, biometric verification, and emphasis on cybersecurity. The forecast period will likely be characterized with key trends such as integration with AI, standardization and interoperability, edge computing, biometric validation, and the use of environmental sensors for health and safety._x000D_
_x000D_
View the full report here:_x000D_
https://www.thebusinessresearchcompany.com/report/smart-home-security-systems-global-market-report_x000D_
_x000D_
Which Key Market Drivers Powering Smart Home Security Systems Market Expansion and Growth?_x000D_
The rise in crime rates is anticipated to stimulate the expansion of the smart home security systems market. Crime is defined as the violation of law or illegal activities, with crime rates signifying the frequency or occurrence of such activities within a specified population or location. The escalation in crime rates may be ascribed to multiple factors like economic disparity, societal discontent, or insufficient law enforcement. Smart home security systems deter criminals by offering real-time surveillance, automated notifications, and distant control, thereby enhancing the overall home security. Notable security components, such as exterior cameras, serve as an active deterrent to criminals by signifying high levels of security. For example, the Federal Bureau of Investigation noted that property crime incidents in the US rose from 671,648 to 847,522 between 2021 and 2022, characterizing a notable proportional increase of around 26.2%. Consequently, the escalating crime rates are propelling the expansion of the smart home security systems market._x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=14799&type=smp_x000D_
_x000D_
Which Fast-Growing Trends Are Poised to Disrupt the Smart Home Security Systems Market?_x000D_
Leading players in the smart home security systems market are concentrating on the creation of innovative and advanced solutions, such as wireless home automation systems to boost user comfort, enhance system integration, and allow real-time surveillance and control, thus ensuring higher safety and security for homeowners. Such automation solutions refer to systems and technologies that enable homeowners to monitor and oversee various devices and operations within their homes through wireless communication. For example, ABB Ltd., a company based in Switzerland specializing in automation services, released ABB-free@home in September 2024. This ground-breaking wireless home automation system aims to increase security, comfort, and energy efficacy for residential users. This functionality employs the Matter protocol, an open-source connectivity standard that fosters effective interaction between various smart devices within the residential ecosystem. This feature advances the personalization and growth of smart home configurations._x000D_
_x000D_
What Are the Emerging Segments in the Smart Home Security Systems Market?_x000D_
The smart home security systemsmarket covered in this report is segmented -_x000D_
_x000D_
1) By Component: Hardware, Software, Service_x000D_
2) By Device Type: Smart Alarms, Smart Locks, Smart Sensors And Detectors, Smart Camera And Monitoring System, Other Device Types_x000D_
3) By Types Of Homes: Independent Homes, Apartment, Condominiums_x000D_
_x000D_
Subsegments:_x000D_
1) By Hardware: Cameras, Sensors, Control Panels, Smart Locks, Alarms, Other Devices (Emotion Detectors, Door Or Window Sensors)_x000D_
2) By Software: Security Management Software, Monitoring Software, Analytics Software, Mobile Applications_x000D_
3) By Service: Professional Monitoring, Installation And Integration Services, Maintenance And Support Services, Cloud Services_x000D_
_x000D_
_x000D_
Tailor your insights and customize the full report here:_x000D_
https://www.thebusinessresearchcompany.com/customise?id=14799&type=smp_x000D_
_x000D_
Who Are the Global Leaders in the Smart Home Security Systems Market?_x000D_
Major companies operating in the smart home security systems market are Siemens AG, General Electric Company, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Carrier Global Corporation, Koninklijke Philips N.V., Trane Technologies plc, Emerson Electric Co., Legrand S.A., Osram GmbH, Acuity Brands Inc., Itron Inc., Vivint Inc., Cree Inc., Canary Connect Inc., Frontpoint Security Solutions LLC, Pacific Controls Inc., Abode Systems Inc., SimpliSafe Inc._x000D_
_x000D_
Which are the Top Profitable Regional Markets for the Smart Home Security Systems Industry?_x000D_
North America was the largest region in the smart home security systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart home security systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
_x000D_
Purchase the full report today:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14799_x000D_
_x000D_
This Report Supports:_x000D_
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
_x000D_
Learn More About The Business Research Company_x000D_
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead._x000D_
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making._x000D_
_x000D_
Reach out to us:_x000D_
The Business Research Company: https://www.thebusinessresearchcompany.com/_x000D_
Americas +1 310-496-7795_x000D_
Europe +44 7882 955267_x000D_
Asia & Others +44 7882 955267 & +91 8897263534_x000D_
Email us at info@tbrc.info_x000D_
_x000D_
Follow Us On:_x000D_
LinkedIn: https://in.linkedin.com/company/the-business-research-company _x000D_
Twitter: https://twitter.com/tbrc_info _x000D_
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What Is Driving Global Smart Home Security Systems Market Growth in 2025: The Role of Rising Crime Rates Propel Surge In Demand For The Smart Home Security Systems Market here
News-ID: 4239610 • Views: …
More Releases from The Business Research Company
What Is Driving Global Online Gaming Market Growth in 2025: The Role of Mobile D …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Online Gaming Market Size Growth Forecast: What to Expect by 2025?
The dimension of the online gaming sector has witnessed a swift enlargement in the preceding years. Its expansion is projected to rise from $98.6 billion in 2024 to $108.89 billion in 2025, exhibiting a compound annual growth rate…
Explosive Growth Forecasted For The Small Cell Backhaul Market Driven By Soaring …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
Small Cell Backhaul Market Size Growth Forecast: What to Expect by 2025?_x000D_
Recent years have seen the small cell backhaul market size increase rapidly. Projection shows a surge from $2.04 billion in 2024 to $2.55 billion in 2025, equating to a compound annual growth rate (CAGR) of 24.8%. Various…
IoT Adoption Driving Expansion Of Observability Tools And Platforms Market: Powe …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Observability Tools and Platforms Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of observability tools and platforms has experienced a speedy growth lately. The market is projected to escalate from $2.85 billion in 2024 to about $3.16 billion in 2025, showing a…
2025-2034 Service Dispatch Software Market Outlook: Key Drivers, Emerging Challe …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
Service Dispatch Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
The market size of service dispatch software has experienced robust expansion in the past few years. From $3.04 billion in 2024, the market is expected to rise to $3.32 billion in 2025, with a…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
