Global Home Security System Industry 2019 Forecasts for Global

Global Home Security System Market 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 90 pages and provides 61 Exhibits; the report is published in Dec -2015.

Global home security system market is projected to grow at a remarkable rate of above 13% during the forecast period. The rising incidents of security concerns has led to increased safety measures by residential dwellings. Advancement in technology and emergence of smart homes has led to the rise of integrated home security systems, which can be connected to smartphones and enable the monitoring of residences from remote locations.

With improvement in network infrastructure, broadband and internet penetration has increased, and consumers are increasingly opting for wireless and technologically advanced products to ensure more security for their families. Therefore, vendors are expanding their distribution channels and R&D expenditure to improve their product offerings and leverage on the trend of home automation. As the trend towards home automation and smart homes grows, the market will gain traction.

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Segmentation of the home security system market by product

• Electronic and smart locks

• Alarms

• Security cameras

• Security solutions

• DIY home security

• Sensors and detectors

In 2014, the security cameras segment of the global home security system market noted the highest contribution of close to 22%, and this trend is expected to continue in the next five years. Security cameras are embedded with features such as Wi-Fi connectivity, rechargeable and replaceable batteries, accessibility on Android and iOS devices through apps.

Geographical segmentation of the home security system market : Americas, EMEA, APAC

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