Cellular connectivity is rapidly becoming a standard feature in security alarm systems for the consumer and small business markets. The analyst estimates the number of cellular connections for home and small business security systems in Europe and North America will grow at a compound annual growth rate of 7.5 percent from 32.8 million in 2019 to 47.0 million in 2024. Learn about the business opportunities associated with wireless IoT solutions for the alarm system industry in the tenth edition of this 100 page report covering both Europe and North America.
The Home and Small Business Security System Market is the tenth consecutive report analysing the latest developments on the small alarm market in Europe and North America. This strategic research report provides you with 115 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.
Cellular Connections to Home and Small Business Security Systems (EU28+2 and North America 2018-2024)
Highlights from this report:
- Insights from 30 executive interviews with market leading companies.
- New data on alarm system adoption by country and segment.
- Comprehensive overview of the home and small business alarm system value chain.
- Detailed profiles of key players on the European and North American security markets.
- In-depth analysis of market trends and key developments.
- Market forecasts by region, lasting until 2024.
This report answers the following questions:
- Who are the leading providers of professionally monitored home and small business alarm systems?
- Why are alarm system providers investing in smart home technology?
- Are DIY home alarm systems providers a threat to the traditional players?
- What is the potential market size for cellular IoT communications in the alarm systems industry?
- Which are the leading providers of secure alarm communications services?
- What is the market value of the alarm system industry in Europe and North America?
- What are the latest trends and developments in this market?
Who should buy this report?
The Home and Small Business Security System Market is the foremost source of information about the professionally monitored security system market in Europe and North America. Whether you are a vendor, telecom operator, investor, consultant, application developer or government agency, you will gain valuable insights from our in-depth research.
1 Overview of the security industry
1.1 Market overview
1.1.1 Security services
1.1.2 Enterprise security systems
1.1.3 Home and small business security systems
1.1.4 Cash handling
1.2 Key industry players
2 Home and small business security systems
2.1 Technology overview
2.2 European standards for intruder alarm systems
2.3 Alarm system value chain
2.3.1 Traditional home security system providers
2.3.2 Do-It-Yourself (DIY) home security system providers
2.3.3 Home security system manufacturers and platform providers
2.3.4 Secure alarm communications service providers
2.4 Smart homes and home automation systems
2.5 Market value and alarm system penetration
2.5.1 The European market
2.5.2 The North American market
2.6 Traditional home security system providers
2.6.3 Brinks Home Security (Monitronics)
2.6.6 Cox Communications
2.6.7 EPS Télésurveillance
2.6.9 Guardian Protection
2.6.10 Johnson Controls
2.6.12 Sector Alarm
2.6.14 Stanley Black & Decker
2.7 DIY home security system providers
2.7.1 Ajax Systems
2.7.4 Google Nest
2.7.6 Ring (Amazon)
2.8 Home security system manufacturers and platform providers
2.8.4 DSC (Johnson Controls)
2.8.5 Nortek Control
2.8.6 Resideo Technologies
2.9 Secure alarm communications service providers
2.9.2 BT Redcare
2.9.4 Telular (Ametek)
2.9.5 Uplink (Sierra Wireless)
3 Market forecasts and trends
3.1 The European market landscape
3.2 The North American market landscape
3.3 Market trends and conclusions
3.3.1 Interactive smart home systems fuel interest in security services
3.3.2 DIY and traditional home security systems offerings are converging
3.3.3 Security and integrity issues when the home is connected
3.3.4 Security systems and smart home products enable insurance discounts
3.3.5 The Covid-19 pandemic impacts the security industry
List of Figures
Figure 1.1: Security market value (World 2016–2019)
Figure 1.2: Market value by segment (EU28+2 and North America 2019)
Figure 1.3: Market value by country (EU28+2 and North America 2019)
Figure 1.4: Small alarm system revenues (EU28+2 and North America 2019)
Figure 1.5: Leading security industry players by segment (EU and North America 2019)
Figure 1.6: Leading integrated security groups by revenues (2019)
Figure 2.1: Home security system components
Figure 2.2: EN 50131 grading system
Figure 2.3: EN 50131 ATS rating criteria
Figure 2.4: EN 50131 grading system criteria
Figure 2.5: Home and small business security system ecosystem
Figure 2.6: Alarm receiving centres by country (Europe and North America 2017)
Figure 2.7: Top 20 monitored alarm providers (EU28+2 and North America Q4-2019)
Figure 2.8: Penetration of whole-home automation systems (EU28+2 and NA 2019)
Figure 2.9: Top whole-home system vendors (EU28+2 2019)
Figure 2.10: Top whole-home system vendors (NA 2019)
Figure 2.11: Monitored small alarm systems by country (EU28+2 2019)
Figure 2.12: GDP per capita and total alarm system penetration (Europe 2018)
Figure 2.13: Monitored small alarm systems by segment (Europe 2019)
Figure 2.14: Homeownership and residential alarm system penetration (Europe 2018)
Figure 2.15: Households, dwelling types and homeownership by country (EU28+2 2019)
Figure 2.16: Existing homes and housing starts (EU28+2 2015–2018)
Figure 2.17: Monitored small alarm systems by segment (North America 2019)
Figure 2.18: Existing homes and housing starts (North America 2016–2019)
Figure 2.19: Households, dwelling types and homeownership by country (NA 2019)
Figure 2.20: The Complete home security system
Figure 2.21: Sector Alarm company acquisitions (2011–2018)
Figure 2.22: Verisure home alarm system
Figure 2.23: Verisure alarm connections per country (Q4-2019)
Figure 2.24: Ajax Systems’ security system and devices
Figure 2.25: Nest Secure alarm system
Figure 2.26: Second generation of Point
Figure 2.27: Somfy ONE+ all-in-one home security system
Figure 2.28: Honeywell Home ProSeries security and smart home platform
Figure 2.29: Telguard Homecontrol Flex
Figure 3.1: Alarm system shipments and cellular penetration (EU28+2 2018–2024)
Figure 3.2: Alarm system shipments and cellular penetration (North America 2018–2024)
- Ajax Systems
- BT Redcare
- Brinks Home Security (Monitronics)
- Cox Communications
- DSC (Johnson Controls)
- EPS Télésurveillance
- Google Nest
- Guardian Protection
- Johnson Controls
- Nortek Control
- Resideo Technologies
- Ring (Amazon)
- Sector Alarm
- Stanley Black & Decker
- Telular (Ametek)
- Uplink (Sierra Wireless)
The Internet of Things is very diverse. There are hundreds of different use cases, each with different dynamics. The starting point is to segment the market.
The analyst begins with a number of sectors: Automotive, Cities, Health, Industry, Home, Industrial, Energy, Retail and Consumer Electronics. Each of these sectors breaks down into a number of applications. In total across all sectors, the analyst examines around 150 separate applications. It is at this application level that they generate their IoT forecast. The analyst builds reliable data bottom-up. They take into consideration the current adoption rate, regulations, demographics, vertical-specific statistics, value chain structure, etc.
The rigorous data collection methods are based on first-hand and secondary sources. The analyst conducts many hundreds of executive interviews on a yearly basis with companies from all parts of the IoT value chain. They talk to on a regular basis all major mobile operator groups and regulators as well as the chipset, module, and terminal vendors. They also interview many companies in each of the vertical markets.