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North America Smart Home Security Market Size, Share & Trends Analysis Report By Application (Condominiums/Apartments, and Independent Homes), By Connectivity, By Component, By Device Type, By Country and Growth Forecast, 2025 - 2032

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    Report

  • 135 Pages
  • April 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6077237
The North America Smart Home Security Market is expected to witness market growth of 14.1% CAGR during the forecast period (2025-2032).

The US market dominated the North America Smart Home Security Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $28.89 billion by 2032. The Canada market sis experiencing a CAGR of 16.3% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 15.9% during 2025-2032.



Smart doorbells and lockers ensure secure delivery and pickup of parcels, reducing theft and missed deliveries. Facial recognition or OTPs (One-Time Passwords) can allow temporary access. Homeowners traveling away from home can activate vacation mode, which simulates human presence using lighting and sound systems while monitoring the home remotely via mobile applications.

Moreover, the adoption of smart home security solutions is growing steadily worldwide due to various factors. Awareness regarding the benefits of smart security, such as ease of use, integration with smart devices, and long-term cost savings, has spurred consumer interest.

The market across North America - particularly in Canada, the United States, and Mexico - is witnessing robust growth, driven by increasing crime rates and rapid digital adoption. Consumers seek advanced security technologies to protect their homes and assets as urban populations grapple with rising vehicle theft and other property crimes. Simultaneously, the widespread integration of internet-enabled technologies makes smart home systems more accessible and appealing to a broader demographic.

List of Key Companies Profiled

  • Nice S.p.A.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Amazon.com, Inc
  • Robert Bosch GmbH
  • Hangzhou Hikvision Digital Technology Co., Ltd.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Schneider Electric SE
  • Google LLC (Alphabet Inc.)
  • Axis Communications AB (Canon, Inc.)

Market Report Segmentation

By Application

  • Condominiums/Apartments
  • Independent Homes

By Connectivity

  • Wireless
  • Wired
  • Hybrid

By Component

  • Hardware
  • Software
  • Services

By Device Type

  • Smart Camera & Monitoring System
  • Smart Locks
  • Smart Sensors & Detectors
  • Smart Alarms
  • Other Device Type

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Home Security Market, by Application
1.4.2 North America Smart Home Security Market, by Connectivity
1.4.3 North America Smart Home Security Market, by Component
1.4.4 North America Smart Home Security Market, by Device Type
1.4.5 North America Smart Home Security Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2023, Feb - 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Smart Home Security Market by Application
5.1 North America Condominiums/Apartments Market by Region
5.2 North America Independent Homes Market by Region
Chapter 6. North America Smart Home Security Market by Connectivity
6.1 North America Wireless Market by Country
6.2 North America Wired Market by Country
6.3 North America Hybrid Market by Country
Chapter 7. North America Smart Home Security Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Smart Home Security Market by Device Type
8.1 North America Smart Camera & Monitoring System Market by Country
8.2 North America Smart Locks Market by Country
8.3 North America Smart Sensors & Detectors Market by Country
8.4 North America Smart Alarms Market by Country
8.5 North America Other Device Type Market by Country
Chapter 9. North America Smart Home Security Market by Country
9.1 US Smart Home Security Market
9.1.1 US Smart Home Security Market by Application
9.1.2 US Smart Home Security Market by Connectivity
9.1.3 US Smart Home Security Market by Component
9.1.4 US Smart Home Security Market by Device Type
9.2 Canada Smart Home Security Market
9.2.1 Canada Smart Home Security Market by Application
9.2.2 Canada Smart Home Security Market by Connectivity
9.2.3 Canada Smart Home Security Market by Component
9.2.4 Canada Smart Home Security Market by Device Type
9.3 Mexico Smart Home Security Market
9.3.1 Mexico Smart Home Security Market by Application
9.3.2 Mexico Smart Home Security Market by Connectivity
9.3.3 Mexico Smart Home Security Market by Component
9.3.4 Mexico Smart Home Security Market by Device Type
9.4 Rest of North America Smart Home Security Market
9.4.1 Rest of North America Smart Home Security Market by Application
9.4.2 Rest of North America Smart Home Security Market by Connectivity
9.4.3 Rest of North America Smart Home Security Market by Component
9.4.4 Rest of North America Smart Home Security Market by Device Type
Chapter 10. Company Profiles
10.1 Nice S.p.A.
10.1.1 Company Overview
10.1.2 Recent Strategies and Developments
10.1.2.1 Product Launches and Product Expansions
10.1.2.2 Acquisition and Mergers
10.2 Honeywell International, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 SWOT Analysis
10.3 Johnson Controls International PLC
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental & Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent Strategies and Developments
10.3.5.1 Product Launches and Product Expansions
10.3.6 SWOT Analysis
10.4 Amazon.com, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent Strategies and Developments
10.4.4.1 Product Launches and Product Expansions
10.4.5 SWOT Analysis
10.5 Robert Bosch GmbH
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Hangzhou Hikvision Digital Technology Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent Strategies and Developments
10.6.5.1 Product Launches and Product Expansions
10.6.6 SWOT Analysis
10.7 Samsung Electronics Co., Ltd. (Samsung Group)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent Strategies and Developments
10.7.5.1 Partnerships, Collaborations, and Agreements
10.7.6 SWOT Analysis
10.8 Schneider Electric SE
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Google LLC (Alphabet Inc.)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent Strategies and Developments
10.9.5.1 Partnerships, Collaborations, and Agreements
10.9.6 SWOT Analysis
10.10. Axis Communications AB (Canon, Inc.)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

Companies Mentioned

  • Nice S.p.A.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Amazon.com, Inc.
  • Robert Bosch GmbH
  • Hangzhou Hikvision Digital Technology Co., Ltd.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Schneider Electric SE
  • Google LLC (Alphabet Inc.)
  • Axis Communications AB (Canon, Inc.)

Methodology

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