March 29, 2020

Connected Home Security Systems Market | Key Players are ADT Inc., Tyco Security Products, Alarm.com Holdings Inc., August Home, Ooma, Inc., among others.

According to a new market report published by Credence Research, Inc., “Global Connected Home Security Systems Market – Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global market for connected home security systems is expected to grow by 15.3 per cent CAGR during the forecast period from 2018 to 2026.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/connected-home-security-systems-market

Product Insights:

The global market for connected home security systems is expected to show significant growth in the coming years and is projected to reach US$ 32.5 billion by 2026, increasing to CAGR by 15.3 per cent during the forecast period from 2018 to 2026. Connected security systems are a useful addition to today’s home, where security is a key issue. Connected home security systems are becoming powerful tools that give a piece of mind and power to the user. These systems act as centralized control systems for door locks, lighting, appliances and security. The growing need for seamless connectivity and the spread of remote monitoring in homes has contributed to the growth of the global market for connected home security systems.

The global market for connected home security systems based on product type was led by cameras and monitoring systems in 2017 and is expected to grow at a significant rate in the years to come. Growth in this segment is mainly driven by the increasing incidence of house robbery and theft, which encourages homeowners to invest in enhanced security and security solutions with efficient and efficient cameras and monitoring systems. Furthermore, based on geography, North America gained the largest market share in the connected home security system market in 2017 and is expected to remain dominant throughout the forecast period from 2018 to 2026. The high adoption of connected home security facilities coupled with the availability of low-cost security and monitoring equipment facilitates the growth of the market in the region.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59533

Competitive Insights:

The global connected home security system manufacturers are adopting several strategies in order to thrive in the competitive environment. Partnerships, new product developments remain the most vital strategies that are been implemented by the key players to gain an edge over others.

Major players in the connected home security system market include ADT Inc., Tyco Security Products, Alarm.com Holdings Inc., August Home, Ooma, Inc., Canary Connect, Inc., Cocoon Labs Ltd, Control4 Corporation, Frontpoint Security Solutions, G4S plc, Honeywell International, Inc., Comcast Corporation, Kuna Systems, Kwikset, Nest Labs, Panasonic Corporation, Protect America, Inc., Samsung, SimpliSafe, Vivint, Inc., Vodafone Group, Plc., and Withings among others.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59533

 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Product Type Segment

 • Locks and Sensors

 • Detectors

 • Alarms

 • Cameras and Monitoring Systems

By Connectivity Type Segment

 • Wi-Fi

 • Bluetooth

 • RFID/NFC

 • Others (ZigBee, etc.)

By End-user Segment

 • Condominiums and Apartments

 • Independent Homes

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59533

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