Market Overview:
The global home monitor system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wireless home monitor systems and the growing awareness about safety and security among consumers. In terms of type, the wireless segment is expected to grow at a higher CAGR than the wired segment during the forecast period. This can be attributed to factors such as ease of installation and portability of wireless systems. In terms of application, villas are expected to account for a larger share of the global home monitor system market than apartments during the forecast period.
Product Definition:
A home monitor system is a security and safety device that allows the homeowner to view activity in and around their home from any internet-connected computer or mobile device. Home monitor systems can include features such as motion detectors, door sensors, smoke detectors, carbon monoxide detectors, and cameras.
Wireless:
Wireless technology is used to transmit data without wires. It uses radio waves or wireless transmissions to carry information from one point to another. Wireless technology has been around for quite some time but it's only recently that its applications have expanded beyond niche markets such as personal computers and gaming consoles into the mainstream market. The growth of wireless technologies can be attributed to increased consumer demand for mobility, higher bandwidth, faster connectivity, and ease of use among other factors.
Wired:
Wired is a physical connection between the source device and monitor. It can be used in various applications such as security, home automation, medical alert system or data transmission. The most commonly wired devices are video cameras, DVRs (Digital Video Recorders), IP cameras and computers with monitors attached to them.
Application Insights:
Villa application led the global market and accounted for more than 40.0% share of the total revenue in 2017. This is attributed to growing urbanization in emerging economies, such as India, China and Brazil. Furthermore, an increasing number of vacation homes has also positively influenced segment growth over the recent years. The apartment segment is expected to witness significant growth over the forecast period owing to rising awareness about home monitoring systems among consumers globally. Other applications include commercial buildings and other residential complexes including group housing societies or boarding houses where a large number of people stay together under one roof for education or employment purposes.
Regional Analysis:
North America dominated the global home monitor system market in 2017. This can be attributed to increasing awareness regarding health, rising number of nuclear families, and high purchasing power of consumers. Moreover, presence of key players such as AmazonBasics; Belkin International LLC.; Google LLC; iHome Inc.; and Mpow Technologies Co., Ltd has fueled the growth in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to growing population with low income groups especially in China and India.
The Latin American region is anticipated to grow at a lucrative rate over the next eight years owing to increasing penetration of internet users along with rising smartphone adoption rates across countries such as Brazil.
Growth Factors:
- Increasing demand for home security systems owing to rising crime rates across the globe.
- Proliferation of smart homes and the Internet of Things (IoT) is expected to drive the market growth as these systems are integrated with home monitoring systems.
- Growing awareness about safety and security among consumers is propelling the demand for home monitoring systems.
- Rising disposable income of consumers coupled with technological advancements in home monitoring system is fueling the market growth globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Monitor System Market Research Report
By Type
Wireless, Wired
By Application
Villa, Apartment, Other
By Companies
Honeywell, ADT, Securitas, Panasonic, Samsung, Vivint, LifeShield, Scout Alarm, Alarm Grid
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Home Monitor System Market Report Segments:
The global Home Monitor System market is segmented on the basis of:
Types
Wireless, Wired
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
Villa, Apartment, 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:
- Honeywell
- ADT
- Securitas
- Panasonic
- Samsung
- Vivint
- LifeShield
- Scout Alarm
- Alarm Grid
Highlights of The Home Monitor System 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:
- Wireless
- Wired
- By Application:
- Villa
- Apartment
- 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 Home Monitor System 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
- Market Entry Strategies
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- Product & Brand Management
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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 home monitor system is a type of security system that uses video surveillance to monitor the activities inside your home. This type of system can be used to protect your property and family from theft, vandalism, and other types of crime.
Some of the major players in the home monitor system market are Honeywell, ADT, Securitas, Panasonic, Samsung, Vivint, LifeShield, Scout Alarm, Alarm Grid.
The home monitor system market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Monitor System 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 Home Monitor System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Home Monitor System 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 Home Monitor System 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 Home Monitor System Market Size & Forecast, 2020-2028 4.5.1 Home Monitor System Market Size and Y-o-Y Growth 4.5.2 Home Monitor System 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 Wireless
5.2.2 Wired
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 Villa
6.2.2 Apartment
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Monitor System 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 Home Monitor System 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 Wireless
9.6.2 Wired
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 Villa
9.10.2 Apartment
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 Wireless
10.6.2 Wired
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 Villa
10.10.2 Apartment
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 Wireless
11.6.2 Wired
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 Villa
11.10.2 Apartment
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 Wireless
12.6.2 Wired
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 Villa
12.10.2 Apartment
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 Wireless
13.6.2 Wired
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 Villa
13.10.2 Apartment
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 Home Monitor System Market: Competitive Dashboard
14.2 Global Home Monitor System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 ADT
14.3.3 Securitas
14.3.4 Panasonic
14.3.5 Samsung
14.3.6 Vivint
14.3.7 LifeShield
14.3.8 Scout Alarm
14.3.9 Alarm Grid