Smart Home Security Market
PUBLISHED: 2019 ID: SMRC18471
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Smart Home Security Market

Smart Home Security - Global Market Outlook (2017-2026)

4.8 (61 reviews)
4.8 (61 reviews)
Published: 2019 ID: SMRC18471

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Smart Home Security Market is accounted for $618.63 million in 2017 and is expected to reach $3,223.20 million by 2026 growing at a CAGR of 20.1% during the forecast period. Evolving consumer safety and security preferences, upsurge in the penetration of connected homes, growing high net worth population increasing consolidation of market players across the globe are the major factors fuelling the market growth. However, cost increasing factors such as relying on electricians or other service providers are expected to restrain the growth of the market.

Smart home security uses devices such as linking sensors, features and other appliances connected to the Internet of things (IoT) that can be remotely monitored, controlled or accessed and provide services that respond to the needs of the users. It stands for self-monitoring analysis and reporting technology. The technology was originally developed by IBM and was referred to as predictive failure analysis. It allows users to control and monitor their connected home devices from Smart home apps, smartphones, or other networked devices. Users can remotely control connected home systems whether they are home or away. This allows for more efficient energy and electric use as well as ensuring your home is secure.

Based on application, big villa segment held the maximum market share and a similar trend is expected to be continuing during the forecast period. By Geography, Asia Pacific region is expected to be the largest region with the highest growth during the forecast period due to the increasing adoption of cloud-based technologies and increased awareness of security. Population growth, urbanization, the standard of living, and increased public spending on smart cities will further boost growth in this region.

Some of the key players profiled in the Smart Home Security market include Alphabet, Amazon, Apple, Comcast, FrontPoint Security Solutions, Honeywell, LiveWatch Security, Robert Bosch and Samsung.

Products Covered:
• Smart Alarms
• Smart Camera and Monitoring System
• Smart Detectors
• Smart Locks and Sensors

Types Covered:
• Alarm System
• Safety & Security System 

Applications Covered:
• Apartment
• Big Villa

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface   
    
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      

 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Product Analysis      
 3.7 Application Analysis     
 3.8 Emerging Markets      
 3.9 Futuristic Market Scenario     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Smart Home Security Market, By Product     
 5.1 Introduction      
 5.2 Smart Alarms      
 5.3 Smart Camera and Monitoring System    
 5.4 Smart Detectors      
 5.5 Smart Locks and Sensors     
         
6 Global Smart Home Security Market, By Type    
 6.1 Introduction      
 6.2 Alarm System      
 6.3 Safety & Security System     
  6.3.1 Access Control     
   6.3.1.1 Biometric Access Control   
   6.3.1.2 Non-Biometric Access Control   
  6.3.2 Video Surveillance     
         
7 Global Smart Home Security Market, By Application    
 7.1 Introduction      
 7.2 Apartment      
 7.3 Big Villa       
         
8 Global Smart Home Security Market, By Geography    
 8.1 Introduction      
 8.2 North America      
  8.2.1 US      
  8.2.2 Canada      
  8.2.3 Mexico      
 8.3 Europe       
  8.3.1 Germany      
  8.3.2 UK      
  8.3.3 Italy      
  8.3.4 France      
  8.3.5 Spain      
  8.3.6 Rest of Europe     
 8.4 Asia Pacific      
  8.4.1 Japan      
  8.4.2 China      
  8.4.3 India      
  8.4.4 Australia      
  8.4.5 New Zealand     
  8.4.6 South Korea     
  8.4.7 Rest of Asia Pacific     
 8.5 South America      
  8.5.1 Argentina     
  8.5.2 Brazil      
  8.5.3 Chile      
  8.5.4 Rest of South America    
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia     
  8.6.2 UAE      
  8.6.3 Qatar      
  8.6.4 South Africa     
  8.6.5 Rest of Middle East & Africa    
         
9 Key Developments       
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 9.2 Acquisitions & Mergers     
 9.3 New Product Launch     
 9.4 Expansions      
 9.5 Other Key Strategies     
         
10 Company Profiling       
 10.1 Alphabet       
 10.2 Amazon       
 10.3 Apple       
 10.4 Comcast       
 10.5 FrontPoint Security Solutions     
 10.6 Honeywell      
 10.7 LiveWatch Security      
 10.8 Robert Bosch      
 10.9 Samsung 

List of Tables        
1 Global Smart Home Security Market Outlook, By Region (2016-2026) ($MN) 
2 Global Smart Home Security Market Outlook, By Product (2016-2026) ($MN) 
3 Global Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN) 
4 Global Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
5 Global Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
6 Global Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
7 Global Smart Home Security Market Outlook, By Type (2016-2026) ($MN)  
8 Global Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN) 
9 Global Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
10 Global Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN) 
11 Global Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
12 Global Smart Home Security Market Outlook, By Application (2016-2026) ($MN) 
13 Global Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN) 
14 Global Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN) 
15 North America Smart Home Security Market Outlook, By Country (2016-2026) ($MN)
16 North America Smart Home Security Market Outlook, By Product (2016-2026) ($MN)
17 North America Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN)
18 North America Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
19 North America Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
20 North America Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
21 North America Smart Home Security Market Outlook, By Type (2016-2026) ($MN) 
22 North America Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN)
23 North America Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
24 North America Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN)
25 North America Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
26 North America Smart Home Security Market Outlook, By Application (2016-2026) ($MN)
27 North America Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN)
28 North America Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN)
29 Europe Smart Home Security Market Outlook, By Country (2016-2026) ($MN) 
30 Europe Smart Home Security Market Outlook, By Product (2016-2026) ($MN) 
31 Europe Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN) 
32 Europe Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
33 Europe Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
34 Europe Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
35 Europe Smart Home Security Market Outlook, By Type (2016-2026) ($MN) 
36 Europe Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN) 
37 Europe Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
38 Europe Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN) 
39 Europe Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
40 Europe Smart Home Security Market Outlook, By Application (2016-2026) ($MN) 
41 Europe Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN) 
42 Europe Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN) 
43 Asia Pacific Smart Home Security Market Outlook, By Country (2016-2026) ($MN) 
44 Asia Pacific Smart Home Security Market Outlook, By Product (2016-2026) ($MN) 
45 Asia Pacific Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN)
46 Asia Pacific Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
47 Asia Pacific Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
48 Asia Pacific Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
49 Asia Pacific Smart Home Security Market Outlook, By Type (2016-2026) ($MN) 
50 Asia Pacific Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN)
51 Asia Pacific Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
52 Asia Pacific Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN)
53 Asia Pacific Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
54 Asia Pacific Smart Home Security Market Outlook, By Application (2016-2026) ($MN)
55 Asia Pacific Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN)
56 Asia Pacific Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN) 
57 South America Smart Home Security Market Outlook, By Country (2016-2026) ($MN)
58 South America Smart Home Security Market Outlook, By Product (2016-2026) ($MN)
59 South America Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN)
60 South America Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
61 South America Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
62 South America Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
63 South America Smart Home Security Market Outlook, By Type (2016-2026) ($MN) 
64 South America Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN)
65 South America Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
66 South America Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN)
67 South America Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
68 South America Smart Home Security Market Outlook, By Application (2016-2026) ($MN)
69 South America Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN)
70 South America Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN)
71 Middle East & Africa Smart Home Security Market Outlook, By Country (2016-2026) ($MN)
72 Middle East & Africa Smart Home Security Market Outlook, By Product (2016-2026) ($MN)
73 Middle East & Africa Smart Home Security Market Outlook, By Smart Alarms (2016-2026) ($MN)
74 Middle East & Africa Smart Home Security Market Outlook, By Smart Camera and Monitoring System (2016-2026) ($MN)
75 Middle East & Africa Smart Home Security Market Outlook, By Smart Detectors (2016-2026) ($MN)
76 Middle East & Africa Smart Home Security Market Outlook, By Smart Locks and Sensors (2016-2026) ($MN)
77 Middle East & Africa Smart Home Security Market Outlook, By Type (2016-2026) ($MN)
78 Middle East & Africa Smart Home Security Market Outlook, By Alarm System (2016-2026) ($MN)
79 Middle East & Africa Smart Home Security Market Outlook, By Safety & Security System (2016-2026) ($MN)
80 Middle East & Africa Smart Home Security Market Outlook, By Access Control (2016-2026) ($MN)
81 Middle East & Africa Smart Home Security Market Outlook, By Video Surveillance (2016-2026) ($MN)
82 Middle East & Africa Smart Home Security Market Outlook, By Application (2016-2026) ($MN)
83 Middle East & Africa Smart Home Security Market Outlook, By Apartment (2016-2026) ($MN)
84 Middle East & Africa Smart Home Security Market Outlook, By Big Villa (2016-2026) ($MN)

 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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