Market Overview:
The global interactive residential security 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 demand for safety and security among consumers, rising incidences of crime, and technological advancements in residential security systems. The global interactive residential security market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into property monitoring, phone and wireless security, power management, and visit management. Property monitoring held a major share in 2017 owing to its ability to provide round-the-clock surveillance for homes or businesses. However, phone and wireless security are expected to grow at a higher CAGR during the forecast period as they offer more flexibility than traditional wired systems. On the basis of application, apartment held a major share in 2017 owing to an increase in multi-unit housing across regions such as North America and Europe.
Product Definition:
Interactive Residential Security is a term used to describe the use of technology to provide security for a home or residence. This can include features such as video surveillance, motion detection, and alarm systems that can be monitored remotely. The importance of Interactive Residential Security lies in its ability to provide homeowners with enhanced security while also giving them the ability to monitor their home from afar.
Property Monitoring:
Properties such as commercial, residential and industrial are the primary target for security systems. These properties have a high potential to generate huge revenues through burglary, vandals or any other criminal act. The traditional way of protecting these properties was using manpower which is expensive and also prone to errors.
Phone and Wireless Security:
The global phone and wireless security market is expected to witness significant growth over the forecast period. Increasing incidences of fraud, identity theft, and cyber-attacks are driving the demand for phone & wireless security solutions. According to a study conducted by Symantec Corporation in 2016, approximately 2 billion mobile devices have been infected with malware worldwide.
Application Insights:
The apartment segment dominated the global interactive residential security application market in 2017 and is expected to maintain its lead over the forecast period. This can be attributed to a rise in demand for rental apartments as well as home rentals across various regions, including North America and Europe. Furthermore, growing awareness among consumers regarding keyless entry systems is further anticipated to drive growth over the forecast period.
The unit segment is projected register significant growth during the forecast period owing to high demand for single-family housing units across various regions, including Asia Pacific and Middle East & Africa. In addition, increasing investments by governments in infrastructure projects are likely to boost product adoption across countries such as India and China over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to rising crime rates, increasing terrorist threats, and government efforts to improve the existing security systems in U.S. For instance, according to a recent study by RAND Corporation; around 90% of Americans are concerned about crime and believe that their homes are not secure even though there is no evidence supporting this claim.
Asia Pacific is expected to witness significant growth over the next eight years owing to growing concerns related to safety & security among consumers which has resulted into increased spending on improving existing systems or installing new interactive technologies such as video door phones.
Growth Factors:
- Increasing demand for smart and connected homes
- Proliferation of IoT devices and the development of related platforms and applications
- Growing awareness about the benefits of interactive residential security systems
- Rising concerns about crime and safety among consumers
- Advances in technology that make interactive residential security systems more affordable, user-friendly, and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Interactive Residential Security Market Research Report
By Type
Property Monitoring, Phone and Wireless Security, Power Management, Visit Management
By Application
Apartment, Unit
By Companies
ADT, AT&T, CenturyLink, Comcast, Honeywell, Interlogix, Protect America
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Interactive Residential Security Market Report Segments:
The global Interactive Residential Security market is segmented on the basis of:
Types
Property Monitoring, Phone and Wireless Security, Power Management, Visit Management
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
Apartment, Unit
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:
- ADT
- AT&T
- CenturyLink
- Comcast
- Honeywell
- Interlogix
- Protect America
Highlights of The Interactive Residential Security 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:
- Property Monitoring
- Phone and Wireless Security
- Power Management
- Visit Management
- By Application:
- Apartment
- Unit
- 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 Interactive Residential Security 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Interactive Residential Security is a service that provides 24/7 monitoring of your home or business. This service can include the use of security cameras, motion detectors, and other sensors to keep an eye on your property.
Some of the key players operating in the interactive residential security market are ADT, AT&T, CenturyLink, Comcast, Honeywell, Interlogix, Protect America.
The interactive residential security 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 Interactive Residential Security 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 Interactive Residential Security Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interactive Residential Security 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 Interactive Residential Security 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 Interactive Residential Security Market Size & Forecast, 2018-2028
4.5.1 Interactive Residential Security Market Size and Y-o-Y Growth
4.5.2 Interactive Residential Security Market Absolute $ Opportunity
Chapter 5 Global Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Type
5.2.1 Property Monitoring
5.2.2 Phone and Wireless Security
5.2.3 Power Management
5.2.4 Visit Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Applications
6.2.1 Apartment
6.2.2 Unit
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interactive Residential Security 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 Interactive Residential Security 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 Interactive Residential Security Analysis and Forecast
9.1 Introduction
9.2 North America Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Type
9.6.1 Property Monitoring
9.6.2 Phone and Wireless Security
9.6.3 Power Management
9.6.4 Visit Management
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 Interactive Residential Security Market Size Forecast by Applications
9.10.1 Apartment
9.10.2 Unit
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 Interactive Residential Security Analysis and Forecast
10.1 Introduction
10.2 Europe Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Type
10.6.1 Property Monitoring
10.6.2 Phone and Wireless Security
10.6.3 Power Management
10.6.4 Visit Management
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 Interactive Residential Security Market Size Forecast by Applications
10.10.1 Apartment
10.10.2 Unit
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 Interactive Residential Security Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Type
11.6.1 Property Monitoring
11.6.2 Phone and Wireless Security
11.6.3 Power Management
11.6.4 Visit Management
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 Interactive Residential Security Market Size Forecast by Applications
11.10.1 Apartment
11.10.2 Unit
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 Interactive Residential Security Analysis and Forecast
12.1 Introduction
12.2 Latin America Interactive Residential Security 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 Interactive Residential Security Market Size Forecast by Type
12.6.1 Property Monitoring
12.6.2 Phone and Wireless Security
12.6.3 Power Management
12.6.4 Visit Management
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 Interactive Residential Security Market Size Forecast by Applications
12.10.1 Apartment
12.10.2 Unit
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) Interactive Residential Security Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Interactive Residential Security 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) Interactive Residential Security Market Size Forecast by Type
13.6.1 Property Monitoring
13.6.2 Phone and Wireless Security
13.6.3 Power Management
13.6.4 Visit Management
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) Interactive Residential Security Market Size Forecast by Applications
13.10.1 Apartment
13.10.2 Unit
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 Interactive Residential Security Market: Competitive Dashboard
14.2 Global Interactive Residential Security Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADT
14.3.2 AT&T
14.3.3 CenturyLink
14.3.4 Comcast
14.3.5 Honeywell
14.3.6 Interlogix
14.3.7 Protect America
