Market Outlook on Global Home Security Solutions

Market Outlook on Global Home Security Solutions

Bharat Book Bureau provides the report, on “Market Outlook on Global Home Security Solutions ” The report provides a basic overview of The Global Home Security Solutions market is valued at $29.4 billion in 2014 and is expected to reach $57.73 billion by 2022 growing at a CAGR of 8.8% from 2014 to 2022. Home Security Solutions market is expected to witness high growth in residential security segment.https://www.bharatbook.com/business-market-research-reports-731839/global-home-security-solutions.html

23rd Nov2015- Mumbai, India: Bharatbook.com announces a report on “Market Outlook on Global Home Security Solutions ” The report also The intensified competition leading to technological advancements among the electrical distributors & telecom providers are providing massive opportunities for the market growth.

The Global Home Security Solutions market is valued at $29.4 billion in 2014 and is expected to reach $57.73 billion by 2022 growing at a CAGR of 8.8% from 2014 to 2022. Home Security Solutions market is expected to witness high growth in residential security segment. Increase in crime rate, remote monitoring mobile devices and growing consumer awareness are the key drivers for the growth of the market. Lack of awareness and high installation costs are the factors hampering the market growth. The intensified competition leading to technological advancements among the electrical distributors & telecom providers are providing massive opportunities for the market growth.

Global Home Security Solutions market is segmented by Home Type, by Product Type, by Solution and by Geography. Based on Home Type, market is segmented into independent and apartments. Based on Product Type, market is categorized into Electronic locks, Sensors, alarms and Cameras. Based on Solution, market is classified into Intruder Alarm, Fire Protection, Video Surveillance, Integrated Security, Access Control and Medical Alert System....