Global Connected Home Security System Market 2017-2021

  • ID: 4199064
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
until May 31st 2018
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 6

FEATURED COMPANIES

  • ADT
  • Canary Connect
  • G4S
  • Kuna Systems
  • Protect America
  • Tyco Security Products
  • MORE
A smart home comprises of an internal network, home automation, and intelligent controls. It is generally defined as a home that is equipped with advanced and automated digital devices, home appliances, and equipment that are interconnected to each other facilitating sophisticated monitoring and control over the building's functions.

It performs three different actions, namely remote status check, remote information, and remote control to implement any action by the resident from a remote location. For instance, the lighting, temperature, security, and door operations of a smart home can be controlled from a remote location with the necessary access. Smart homes provide a wide variety of applications such as home automation, home security, home cloud, energy management, and e-health services. The living experience of consumers is enhanced by comfort and convenience provided by smart homes.

The analysts forecast the global connected home security system market to grow at a CAGR of 27.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global connected home security system market for 2017-2021. To calculate the market size, the report considers the revenue generated of various types of alarms (fire alarms and burglar alarms), digital electronic locks, sensors, video cameras, video monitoring systems, and detectors (fire detector, CO detector, and HVAC detector).

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Connected Home Security System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADT
- AT&T
- Comcast
- Tyco Security Products

Other prominent vendors
- Alarm.com
- August Home
- Butterfleye
- Canary Connect
- Cocoon Labs
- Control4 Corporation
- Deutsche Telekom
- Frontpoint Security Solutions
- G4S
- Google
- Honeywell International
- ICONTROL NETWORKS (Piper)
- Indiegogo
- Kuna Systems
- Kwikset (Owned by Spectrum Brands)
- MivaTek
- Nest (Dropcam)
- Panasonic
- PatrolTag
- Protect America
- Samsung
- SECOM
- Securitas
- SimpliSafe
- Verizon Communications
- Vivint
- Vodafone
- Withings

Market drivers
- Cost savings due to discounts from insurance providers.
- For a full, detailed list, view the full report

Market challenges
- Lack of standards for manufacturing security solutions.
- For a full, detailed list, view the full report

Market trends
- Use of Bluetooth and low-power Wi-Fi to operate smart home products.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • ADT
  • Canary Connect
  • G4S
  • Kuna Systems
  • Protect America
  • Tyco Security Products
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
PART 06: Five forces analysis
  • Five forces analysis
PART 07: Market segmentation by product
  • Market size and forecast
PART 08: Market segmentation by service
  • Market size and forecast
PART 09: Market segmentation by geography
  • Market size and forecast
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 12: Market trends

PART 13: Vendor landscape
  • Competitive scenario
  • Recent News
  • Key vendor profiles
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Value chain
Exhibit 02: Trends in home security
Exhibit 03: App connected home security systems
Exhibit 04: Global connected home security system market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global connected home security system market: Segmentation by product 2016-2021 ($ billions)
Exhibit 07: Global connected home security system market by product in 2016 and 2021 (% share)
Exhibit 08: Global connected home security system market by alarms 2016-2021 ($ billions)
Exhibit 09: Global connected home security system market by cameras and monitoring systems 2016-2021 ($ billions)
Exhibit 10: Global connected home security system market by locks and sensors 2016-2021 ($ billions)
Exhibit 11: Global connected home security system market by detectors 2016-2021 ($ billions)
Exhibit 12: Global connected home security system market: Segmentation by service 2016-2021 ($ billions)
Exhibit 13: Global connected home security system market by service in 2016 and 2021 (% share)
Exhibit 14: Global connected home security system market by professional installation 2016-2021 ($ billions)
Exhibit 15: Global connected home security system market by self-installation 2016-2021 ($ billions)
Exhibit 16: Global connected home security market by geography 2016-2021 ($ billions)
Exhibit 17: Global connected home security market: Segmentation by geography in 2016 and 2021 (% share)
Exhibit 18: Connected home security system market in Americas 2016-2021 ($ billions)
Exhibit 19: Connected home security system market in EMEA 2016-2021 ($ billions)
Exhibit 20: Connected home security system market in APAC 2016-2021 ($ billions)
Exhibit 21: Global mobile computing devices market 2016-2021 (billion units)
Exhibit 22: User penetration of smartphone Internet
Exhibit 23: Impact of drivers
Exhibit 24: Impact of challenges
Exhibit 25: Home-based cloud storage players: Freemium models
Exhibit 26: ADT: Business segmentation
Exhibit 27: ADT: Recent developments
Exhibit 28: AT&T: Package offerings
Exhibit 29: AT&T: Recent developments
Exhibit 30: Comcast: Package offerings
Exhibit 31: Comcast: Recent developments
Exhibit 32: Tyco Security Products: Recent developments
Exhibit 33: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6

FEATURED COMPANIES

  • ADT
  • Canary Connect
  • G4S
  • Kuna Systems
  • Protect America
  • Tyco Security Products
  • MORE
New Report Released: - Global Connected Home Security System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global connected home security system market: ADT, AT&T, Comcast, and Tyco Security Products.

Other Prominent Vendors in the market are: Alarm.com, August Home, Butterfleye, Canary Connect, Cocoon Labs, Control4 Corporation, Deutsche Telekom, Frontpoint Security Solutions, G4S, Google, Honeywell International, ICONTROL NETWORKS (Piper), Indiegogo, Kuna Systems, Kwikset (Owned by Spectrum Brands), MivaTek, Nest (Dropcam), Panasonic, PatrolTag, Protect America, Samsung, SECOM, Securitas, SimpliSafe, Verizon Communications, Vivint, Vodafone, and Withings.

Commenting on the report, an analyst from the research team said: “One trend in market is high growth potential of home-based cloud solutions. Home-based cloud solutions provide ubiquitous and collaborative benefits, despite data management concerns. The home-based cloud consists of three types of digital data, namely content (video, music, and pictures), productivity (e-mail, documents, and contacts), and sensors (data collected via smart meters, e-health devices, and other smart home devices). Increasing amount of data, mainly video, is responsible for the pressing need for remote storage and access.

Home-based cloud solution companies provide a vast array of offers such as interactivity, service personalization, and use across multiple screens. For instance, Hulu and Spotify deliver multi-screen services, whereas Boxee integrates all sorts of locally stored online content, which helps users to share their preferences and content with friends on the social network. OTT players, such as Apple and Google, also provide multi-device and cloud-based solutions for personal information management. With the increasing adoption of smart home systems worldwide, the home-based cloud technology market has been witnessing an upsurge in its value that is close to 50% growth every year.”

According to the report, one driver in market is cost savings due to effective monitoring technology. Smart homes enable interactive security systems that enhance security features for the users. Smart homes generally incorporate different automatic systems, including motion and window sensors, thermostats, light controls, and door lock controls that receive remote control signals and act upon them. The price of connected security systems ranges from $100-$300 for a basic package that includes equipment but not service.

The upfront deployment cost of a basic connected security system for an average household would be more than $500. Moreover, traditional home monitoring companies usually charge users an equipment fee of $100 and a monitoring fee of $20 per month. However, using DIY security products in place of professional security systems can ensure that the end-user saves approximately $700 over a period of 5 years.

Further, the report states that one challenge in market is privacy and security concerns. M2M technology facilitates communication among supply chain players for promoting easier inventory management. It offers retailers a complete and innovative method of communication with clients to enable effective shopping experiences. An IoT system connects remote machines with systems, machines, and people. However, if the number of interfaces linking the components is increased, the entire system becomes vulnerable to breaches. With the advent of M2M technology, the number of connected devices worldwide has increased expeditiously over the past few years. All Wi-Fi enabled devices are now operated using cloud technology. While this makes operations simpler, privacy becomes a major concern. With regard to smart homes, individuals focus on the security aspect while adopting any new technology. Public or unauthorized access to cloud information could lead to cyber threats and compromise the integrity of the entire system.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 6
  • ADT
  • AT&T
  • Comcast
  • Tyco Security Products
  • Alarm.com
  • August Home
  • Butterfleye
  • Canary Connect
  • Cocoon Labs
  • Control4 Corporation
  • Deutsche Telekom
  • Frontpoint Security Solutions
  • G4S
  • Google
  • Honeywell International
  • ICONTROL NETWORKS (Piper)
  • Indiegogo
  • Kuna Systems
  • Kwikset (Owned by Spectrum Brands)
  • MivaTek
  • Nest (Dropcam)
  • Panasonic
  • PatrolTag
  • Protect America
  • Samsung
  • SECOM
  • Securitas
  • SimpliSafe
  • Verizon Communications
  • Vivint
  • Vodafone
  • Withings
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll