Global Connected Home Security Devices Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025
The global connected home security device market is projected to grow at a significant CAGR during the forecast period. The factors that are propelling the growth of the market include the technological enhancements in the devices that allow users to control devices over voice, which has further made the devices easy to use, thus adding a touch of universality to them. Hence, the market is expected to witness significant growth during the forecast period.
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Increased concerns towards the security in the commercial, as well as residential zones, have increased the adoption of various home security solutions as a security measure amongst the users. There are numerous features in the connected home security devices that alert the users and prevent them from harm by sending various emergency notifications. This, in turn, results in the increasing adoption of connected home security solutions. Besides, lack of awareness and high costs associated with the devices may hamper the growth of the market. However, the advent of novel technologies in the devices is likely to create ample opportunities for market growth in the near future. In addition, the integration of AI and IoT has significantly benefited the global connected home security systems market.
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Global Connected Home Security DeviceMarket Segmentation
By Type
- Locks & Access Controls
- Alarms & Notification System
- Cameras & Monitoring Systems
- Others
By Connectivity Type
- Bluetooth
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABB Ltd.
- ADT Inc.
- ASSA ABLOY Group
- AT & T Inc.
- Comcast Corp. (Xfinity)
- Godrej Group
- Honeywell International, Inc.
- Johnson Controls International PLC
- Kuna Systems Corp.
- LG Electronics Inc.
- Lutron Electronics Co. Inc.
- Nortek Security & Control LLC
- Panasonic Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schneider Electric SE
- SECOM Co. Ltd.
- Siemens AG
- STANLEY Convergent Security Solutions, Inc.
- Vivint, Inc.
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