North America Home Security System Market: Trends, Growth, Share, Size and Forecast Till 2023

North America Home Security System Market Report | Industry Trends and Forecast by 2023

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Report Description

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Report Description and Highlights

Report Description

North America Home Security System Market Report By Panel Type (Hard Wired Panels, Wireless Panels, Hybrid Panels and Alarm Panels), Equipment Type (Video Surveillance, Intruder Alarms, Electronic Locks, Fire Sprinklers & Extinguishers and Others), Integration, Type of Installation, Sensor Type, Communication Module, Residence Type, Region The North America home security system market is currently witnessing positive growth. This can be accredited to factors such as the emergence of advanced technology equipment, rising propertyrelated crimes and increasing affordability of security systems.

Market Overview: The latest report by IMARC Group, titled “North America Home Security System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the North America home security system market reached a value of US$ 3.9 Billion in 2017. Home security systems refer to a combination of integrated software and hardware devices designed for detecting unauthorized entry or potential intruders in a secured zone. At present, North America is one of the leading markets for home security systems across the globe owing to the availability of advanced devices that have helped in broadening the applications of modern home security systems. Some of these devices include wireless alarms, motion or body heat detectors, remote systems, and customizable and smart alarm systems.

Report Description and Highlights

Report Description Market Trends:

Home security system manufacturers in North America are introducing easier to use and more effective systems. Some of these systems allow the users to remotely monitor their homes, whereas, others offer fire and carbon monoxide emission detectors that can help the users in case of such emergencies. Apart from this, a significant rise in the number of property-related crimes, such as burglary, larceny-theft, motor vehicle theft, arson and vandalism, has given a push to the demand for home security systems in the region. On account of these factors, the North America home security system market is expected to reach US$ 12.11 Billion by 2023, registering a CAGR of 20.1% during 2018-2023.

North America Home Security System Market Segmentation: Market Segmentation by Integration o Self-Contained Systems o Integrated System For more information, click https://www.imarcgroup.com/north-america-home-security-system-market

here:

Market Forecast

Sample Figure: North America: Home Security System Market: Volume Trends (in Million Units), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description

The market has been segmented on the basis of integration which includes integrated systems and selfcontained systems. At present, integrated systems represent the largest segment.

Market Segmentation by Type of Installation • •

DIY Type Professional Installed

Based on installation, the market has been segregated into professionally installed and DIY-type systems.

Currently, professionally installed home security systems are gaining popularity across North America.

Market Segmentation by Panel Type • • • •

Hard Wired Panels Wireless Panels Hybrid Panels Alarm Panels

On the basis of panel types, wireless panels account for the largest share. They are followed by hybrid panels, hard wired panels and alarm panels.

Market Segmentation

Report Description

Request for a sample report: https://www.imarcgroup.com/request?type=report&id=946&flag=B Market Segmentation by Sensor Type • •

Wireless Sensors Wired Sensors

The home security system market has been categorized on the basis of sensor types which include wired sensors and wireless sensors. Wireless sensors are currently the most popular segment.

Market Segmentation by Communication Module • •

Professional Monitored Self-Monitored

Based on communication modules, the market has been divided into professional monitored and selfmonitored. Presently, professional monitored communication modules hold the largest share.

Market Segmentation by Equipment Type •

Video Surveillance

Market Segmentation

Report Description • • • •

Intruder Alarms Electronic Locks Fire Sprinklers and Extinguishers Others

The report has analyzed the market according to different equipment which mainly include video surveillance, intruder alarms, electronic locks, fire sprinklers and extinguishers, and others. Amongst these, video surveillance is the most commonly used equipment in the region.

Market Segmentation by Residence Type • • •

Independent Homes Condominiums Apartments

The market has been classified on the basis of residential type into independent homes, condominiums and apartments. Amongst these, independent homes represented the largest segment.

Market Segmentation by Region •

United States of America

Market Segmentation

Report Description • • •

Canada Mexico Others

On a geographical front, the United States is the leading market for home security systems, followed

by Canada, Mexico and others.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • •

ADT Inc. Monotronics Vivint Inc Comcast.

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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Report Description and Highlights

Report Description

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