Market Overview:
The global connected home security device market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of smart devices and the growing trend of home automation. Additionally, the increasing demand for safety and security in residential areas is also propelling the growth of this market. The global connected home security device market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into detection devices, sensors, security cameras, door locks, access control systems, and others (including smoke detectors and carbon monoxide detectors). Detection devices are further sub-segmented into motion sensors and door/window sensors. Sensors are further sub-segmented into temperature sensors humidity sensors), light sensor) vibration sensor), gas sensor), occupancy sensor) proximity sensor). Security camera is further sub-segmented into indoor cameras outdoor cameras .), while door locks are classified as keyless or keypad locks . Access control systems are classified as card readers biometric readers ), while others include panic buttons fire alarms ). Geographically speaking North America accounted for largest share in 2017 owing to high adoption rate for smart homes in countries such as US Canada ). followed by Europe Asia Pacific ) is anticipated to exhibit highest CAGR over forecast period due rising awareness about benefits offered by connected home security devices.).
Product Definition:
A connected home security device is a physical or virtual appliance that monitors and protects the devices in a home network from unauthorized access, theft, or damage. The importance of a connected home security device is to protect the devices in a home network from unauthorized access, theft, or damage.
Detection devices:
Detection devices are the part of connected home security device and they help in providing security to residential areas. Detection devices are used for detecting motion, sound or any other activity that takes place in front of it. These detection devices can be used with door locks, windows and others like thermostats which helps in providing safety from burglary, theft or any criminal activities.
Sensors:
Sensors are used in connected home security devices to detect and notify users of events or situations via wireless communication. They are an integral part of the IoT (Internet of Things) ecosystem as they enable various smart appliances to communicate with each other and with the user through wireless networks. Sensors form an important component in any connected home security system as they help detect changes in temperature, movement, or sound that may indicate a problem.
Application Insights:
Staircase segment held the largest market share of over 30% in 2017. It is estimated to grow at a significant rate over the forecast period. The Villa application is estimated to witness a CAGR of XX% from 2018 to 2030 owing to increasing investments for home security against burglaries and thefts.
The Other application includes water sensors, smoke detectors, heat detectors and carbon monoxide detectors among others. These are installed in places where there is high risk of fire or toxic gas leak such as kitchen area, bathroom etcetera., thereby protecting property against damage caused by fire or CO poisoning respectively.
Other applications accounted for a considerable market share in 2017 due mainly to their low price as compared with other devices that detect only burglar alarms etcetera.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to presence of prominent players such as ADT Corporation; Nest, Inc.; and Skybell LLC. Moreover, increasing adoption of smart homes across the region is expected to drive demand for connected home security devices over the forecast period. According to The National Association of Home Builders, approximately 68%of new single-family housing structures were built with smart home features in 2016.
Asia Pacific region is projected to witness significant growth during the forecast period owing to growing crime rates and terrorist activities across countries such as India; China; Australia; Japan etcetera which results into increased spending on security systems at household level for protection purposes thus driving demand for various types of connected home security devices including sensors.
Growth Factors:
- Increasing demand for home security systems owing to rising crime rates across the globe.
- Proliferation of smart devices and the Internet of Things (IoT) is aiding the growth of this market as it enables interconnectedness among various devices, making them more efficient and secure.
- Growing awareness about the benefits of connected home security systems is propelling their adoption among consumers, especially in developed countries.
- The advent of cloud-based services is providing a boost to this market as it allows users to remotely access and manage their security systems from anywhere in the world.
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Home Security Device Market Research Report
By Type
Detection devices, Sensors, Security camera, Door locks, Access control, Others
By Application
Staircase, Villa, Other
By Companies
Essence, UTC / Interlogix, Johnson Controls, GE, Honeywell, Samsung, Apple, RISCO Group, Paradox, Philips, Xiaomi, Hager Group, Daitem Atral, E-Nova, Google
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Connected Home Security Device Market Report Segments:
The global Connected Home Security Device market is segmented on the basis of:
Types
Detection devices, Sensors, Security camera, Door locks, Access control, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Staircase, Villa, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Essence
- UTC / Interlogix
- Johnson Controls
- GE
- Honeywell
- Samsung
- Apple
- RISCO Group
- Paradox
- Philips
- Xiaomi
- Hager Group
- Daitem Atral
- E-Nova
- Google
Highlights of The Connected Home Security Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Detection devices
- Sensors
- Security camera
- Door locks
- Access control
- Others
- By Application:
- Staircase
- Villa
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Home Security Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A connected home security device is a type of home security system that uses technology to connect to the internet and other devices in your home. These systems can send alerts if there is activity in your house or if someone tries to break into your home.
Some of the key players operating in the connected home security device market are Essence, UTC / Interlogix, Johnson Controls, GE, Honeywell, Samsung, Apple, RISCO Group, Paradox, Philips, Xiaomi, Hager Group, Daitem Atral, E-Nova, Google.
The connected home security device market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Home Security Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Home Security Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Home Security Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Home Security Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Home Security Device Market Size & Forecast, 2020-2028
4.5.1 Connected Home Security Device Market Size and Y-o-Y Growth
4.5.2 Connected Home Security Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Detection devices
5.2.2 Sensors
5.2.3 Security camera
5.2.4 Door locks
5.2.5 Access control
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Staircase
6.2.2 Villa
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Home Security Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Home Security Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Detection devices
9.6.2 Sensors
9.6.3 Security camera
9.6.4 Door locks
9.6.5 Access control
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Staircase
9.10.2 Villa
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Detection devices
10.6.2 Sensors
10.6.3 Security camera
10.6.4 Door locks
10.6.5 Access control
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Staircase
10.10.2 Villa
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Detection devices
11.6.2 Sensors
11.6.3 Security camera
11.6.4 Door locks
11.6.5 Access control
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Staircase
11.10.2 Villa
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Detection devices
12.6.2 Sensors
12.6.3 Security camera
12.6.4 Door locks
12.6.5 Access control
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Staircase
12.10.2 Villa
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Detection devices
13.6.2 Sensors
13.6.3 Security camera
13.6.4 Door locks
13.6.5 Access control
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Staircase
13.10.2 Villa
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Home Security Device Market: Competitive Dashboard
14.2 Global Connected Home Security Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Essence
14.3.2 UTC / Interlogix
14.3.3 Johnson Controls
14.3.4 GE
14.3.5 Honeywell
14.3.6 Samsung
14.3.7 Apple
14.3.8 RISCO Group
14.3.9 Paradox
14.3.10 Philips
14.3.11 Xiaomi
14.3.12 Hager Group
14.3.13 Daitem Atral
14.3.14 E-Nova
14.3.15 Google
