Global Home Security Solutions Market 2015 is expected to reach $57.73 billion by 2022

Global Home Security Solutions MarketThe Global Home Security Solutions Market 2015 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.

Request For Sample Report, Before Purchasing:

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. Market by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America has the largest market for Home Security Solutions and expected to hold its share till 2022. Asia-Pacific and Europe are also considered as promising markets during the forecast period.

The Key players in the market include, Godrej & Boyce Manufacturing Company Limited, UTC Fire & Security,, Tyco, Control4 Corporation, Control4 Corporation, ASSA ABLOY, Allegion PLC and Nortek Security & Control LLC.

About Market Research Store

Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air.

William Mckeown is a qualitative researcher who specializes in technology , moderating and online community management. He combines his experience in forthcoming technology research. He has conducted qualitative research in a variety of industries. These include: ad tracking, consumer packaged goods (CPGs), healthcare, pharmaceutical, food/beverage, alcohol/spirits, B2B, banking, insurance, automotive, apparel, beauty/cosmetics, and mobile technology.

Email Him:


Your Name (required) :

Your Email (required) :

Contact :

Subject :

Your Message :

Leave a Reply

Your email address will not be published. Required fields are marked *