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  4. > Home Security Solutions Market by Product, Solutions, Home Type, & Geography - Global Forecast to 2020

Home security is concerned with residential security from several issues such as theft, burglaries, and unethical practices. To control these issues, various home security products and solutions have been made available by various market players. These solutions consist of medical alert systems, intruder alarm systems, access control & management systems, intercom systems, video surveillance systems, fire protection systems, and integrated systems. Residential security is a growing market due to the need for safety and the increasing crime rates in different parts of the world. The security solutions segment in the residential sector has beenexperiencing a significant growth since the past few years due to the adoption of electronic security solutions, increasing rate of burglary, and attractive insurance policies to residents for installing security systems.

Despite the severalbenefits offered by home security systems, lack of awareness about technological advancements and a higher cost of security solutions are some important restraining factors that are posing toward the growth of the home security system solutions market. A rise in the awareness levels among consumers and increased adoption of new technology for home security wouldgradually result in the cost reduction of the solution, thus driving the market for global home security solutions.

The global home security solutionsmarket was valued at a market size of $28,318.69 million in 2014. It is expected to grow further to $47.542.52 million by 2020, at a CAGR of 8.7% between 2015and 2020. In terms of geography, the Americasaccounted for the largest market share of ~61% in 2014, followed by APACwith ~21%. The key driving factors behind the growth of the Americas regionare the major key players located in the region and the growing concern toward security in various industry verticals, such as public places and residential areas.

The major players in the home security solutionsmarket are adopting different kinds of strategies in order to achievesuccessful penetration and a strong position in this market. In the global marketplace, thenumber of established players is observed to be growing and hence, it becomes important for everymarket player to gain a competitive edge over others.The strategies adopted by key players to compete in the home security solutions market were new product developmentsand mergers & acquisitions,among other.

The report presents a detailed insight on the home security solutions market and identifies the key trends of various segments of the market with in-depth quantitative and qualitative information. The report segments the global home security solutions market on the basis of products, solutions, home types, and geography. Furthermore, it contains market size forecasts and trend analysis with respect to the market’s timeline. Detailed geographic insights with respect to major regions, such as the Americas, APAC, Europe, and RoW have been analyzed.

The major players in the global home security solutions market are Tyco (Ireland), ASSA ABLOY (Sweden), UTC Fire & Security (U.S.), Honeywell International, Inc. (U.S.), Bosch Security Systems (Germany), Ingersoll Rand Solutions (Ireland), Allegion Plc (Ireland), Godrej & Boyce Manufacturing Company Limited (India), Control4 Corporation (U.S.), Alarm.com (U.S.), and Nortek Security & Control LLC (U.S.).

Market Segments and Aspects Covered:
The figure below entails the aspects covered in the global home security solutions market report.
FIGURE 1 GLOBAL HOME SECURITY SOLUTIONS MARKET—MARKET ASPECTS COVERED

Source: MarketsandMarkets Analysis
The figure above shows the various aspects covered in this research study on the global home security solutions market. Three major aspects of the complete market have been covered in this report,namely market analysis, market classification, and market landscape.

Market overview and industry analysis, along with market dynamics and additional qualitative analysis, account for “market analysis”. “Market classification” encompasses the segmentation & sub-segmentation of the market by product, solution, home type, and geography. Lastly, the current “market landscape”coversa detailed competitive landscape and company profiles of all the key players across the industry.

Table Of Contents

Home Security Solutions Market by Product, Solutions, Home Type, and Geography - Global Forecast to 2020


LIST OF TABLES

TABLE 1 NEW PRODUCT DEVELOPMENTS BETWEEN 2010 AND 2015
TABLE 2 THE INCREASE IN CRIME RATES IS DRIVING THE GLOBAL HOME SECURITY SOLUTIONS MARKET
TABLE 3 THE HIGH COST ASSOCIATED WITH SECURITY SYSTEMS WOULD RESTRAIN THE MARKET GROWTH
TABLE 4 THE ROLES OF TELECOM PROVIDERS and ELECTRICAL DISTRIBUTORS CREATE GROWTH OPPORTUNITIES FOR THE MARKET
TABLE 5 THE LOW ADOPTION RATE OF SECURITY SOLUTION SYSTEMS IS THE MAJOR CHALLENGE FOR THE MARKET
TABLE 6 KEY PLAYERS HAVE ADOPTED NEW PRODUCT DEVELOPMENTS AND MERGERS and ACQUISITIONS AS THE MAJOR STRATEGIES
TABLE 7 HOME SECURITY SOLUTIONS MARKET SIZE, BY PRODUCT, 2013-2020 (MILLION USD)
TABLE 8 HOME SECURITY SOLUTIONS MARKET SIZE, BY ELECTRONIC LOCK, 2013-2020 (MILLION USD)
TABLE 9 HOME SECURITY SOLUTIONS MARKET SIZE, BY BIOMETRIC LOCK, 2013-2020 (MILLION USD)
TABLE 10 HOME SECURITY SOLUTIONS MARKET SIZE, BY SENSOR, 2013-2020 (MILLION USD)
TABLE 11 HOME SECURITY SOLUTIONS MARKET SIZE, BY CAMERA, 2013-2020 (MILLION USD)
TABLE 12 HOME SECURITY SOLUTIONS MARKET SIZE, BY SOLUTION, 2013-2020 (MILLION USD)
TABLE 13 HOME SECURITY SOLUTIONS MARKET SIZE HOME SECURITY SOLUTIONS MARKET, BY REGION, 2013-2020 (MILLION USD)
TABLE 14 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 15 NORTH AMERICA : HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 16 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 17 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 18 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 19 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 20 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 21 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 22 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 23 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 24 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 25 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 26 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 27 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 28 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 29 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 30 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 31 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 32 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 33 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 34 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 35 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 36 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 37 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 38 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 39 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 40 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 41 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 42 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 43 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 44 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 45 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 46 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 47 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 48 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 49 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 50 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 51 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 52 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 53 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 54 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 55 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 56 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 57 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 58 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 59 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 60 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 61 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 62 GLOBAL HOME SECURITY SOLUTIONS MARKET SIZE, BY HOME TYPE, 2013-2020 (MILLION USD)
TABLE 63 HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 64 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 65 AMERICAS: HOME SECURITY SOLUTIONS MARKET SIZE, BY SOLUTION, 2013-2020 (MILLION USD)
TABLE 66 NORTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 67 SOUTH AMERICA: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 68 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 69 EUROPE: HOME SECURITY SOLUTIONS MARKET SIZE, BY SOLUTION, 2013-2020 (MILLION USD)
TABLE 70 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY COUNTRY, 2013-2020 (MILLION USD)
TABLE 71 APAC: HOME SECURITY SOLUTIONS MARKET SIZE, BY SOLUTION, 2013-2020 (MILLION USD)
TABLE 72 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY REGION, 2013-2020 (MILLION USD)
TABLE 73 ROW: HOME SECURITY SOLUTIONS MARKET SIZE, BY SOLUTION, 2013-2020 (MILLION USD)
TABLE 74 MERGERS AND ACQUISITIONS
TABLE 75 NEW PRODUCT LAUNCHES, 2011-2014
TABLE 76 PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND JOINT VENTURES
TABLE 77 EXPANSIONS
TABLE 78 OTHER DEVELOPMENTS


LIST OF FIGURES

FIGURE 1 MARKET COVERED
FIGURE 2 RESEARCH DESIGN
FIGURE 3 MAJOR PRODUCT CATEGORIES RELATED TO HOME SECURITY SOLUTIONS
FIGURE 4 CRIME RATE GROWING IN THE DEVELOPED NATIONS
FIGURE 5 NUMBER OF CIVILIAN FIRE DEATHS IN THE U.S.
FIGURE 6 RISE IN THE INTEREST OF U.S. HOMES ACQUIRING SECURITY SYSTEMS — 2014
FIGURE 7 CHANGES IN PRODUCT LAUNCHES (2011-2015)
FIGURE 8 BOTTOM-UP APPROACH
FIGURE 9 TOP-DOWN APPROACH
FIGURE 10 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, and REGION
FIGURE 11 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 12 ASSUMPTIONS OF THE RESEARCH STUDY
FIGURE 13 GLOBAL HOME SECURITY SOLUTIONS MARKET SNAPSHOT (2014-2020)
FIGURE 14 INTRUDER ALARM SYSTEM SOLUTIONS WOULD LEAD THE MARKET BY 2020
FIGURE 15 GLOBAL HOME SECURITY SOLUTIONS MARKET, BY HOME TYPE
FIGURE 16 GLOBAL HOME SECURITY SOLUTIONS MARKET, BY REGION—2014
FIGURE 17 ATTRACTIVE MARKET OPPORTUNITIES IN HOME SECURITY SOLUTIONS
FIGURE 18 THE CAMERAS SEGMENT TO GROW AT THE HIGHEST RATE AMONG THE TOP THREE SEGMENTS OF THE HOME SECURITY PRODUCT MARKET, 2015-2020
FIGURE 19 JAPAN AND CHINA TOGETHER SHARES ~52% OF THE APAC HOME SECURITY SOLUTIONS MARKET, 2015
FIGURE 20 THE U.S. ACCOUNTED FOR A SHARE OF OVER 46% OF THE MARKET, 2015
FIGURE 21 THE AMERICAS MARKET DOMINATES THE OVERALL SOLUTIONS MARKET, 2015
FIGURE 22 INDIA AND CHINA ARE THE FASTEST GROWING NATIONS, 2015-2020
FIGURE 23 THE TOP THREE PRODUCT SEGMENTS ACCOUNT FOR A SHARE OF 77% OF THE TOTAL MARKET, 2015
FIGURE 24 HOME SECURITY SOLUTIONS AND PRODUCTS
FIGURE 25 THE WIRELESS TECHNOLOGY IS EXPECTED TO PLAY A CRUCIAL ROLE IN THE HOME SECURITY SOLUTIONS MARKET
FIGURE 26 GLOBAL HOME SECURITY SOLUTIONS MARKET SEGMENTATION, BY PRODUCT
FIGURE 27 GLOBAL HOME SECURITY SOLUTIONS MARKET SEGMENTATION, BY SOLUTION
FIGURE 28 GLOBAL HOME SECURITY SOLUTIONS MARKET SEGMENTATION, BY HOME TYPE
FIGURE 29 THE INCREASE IN CRIME RATES IS DRIVING THE GLOBAL HOME SECURITY SOLUTIONS MARKET
FIGURE 30 VALUE CHAIN ANALYSIS
FIGURE 31 MERGERS and ACQUISITIONS WERE THE MAJOR STRATEGIES ADOPTED BY INDUSTRY PLAYERS
FIGURE 32 HOME SECURITY SOLUTIONS—PRODUCT MARKET SCOPE
FIGURE 33 CAMERAS ARE EXPECTED TO BE THE FASTEST GROWING HOME SECURITY PRODUCT BETWEEN 2015 AND 2020
FIGURE 34 ELECTRONIC LOCKS ACCOUNTED FOR A SHARE OF ~27% OF THE TOTAL HOME SECURITY SOLUTIONS MARKET, 2014
FIGURE 35 WIRELESS LOCKS ARE EXPECTED TO BE THE FASTEST GROWING SEGMENT IN THE HOME SECURITY MARKET (2015-2020)
FIGURE 36 FINGERPRINT-BASED RECOGNITION ACCOUNTS FOR THE LARGEST SHARE IN THE HOME SECURITY SOLUTIONS MARKET, 2015
FIGURE 37 SHOCK and AUDIO GLASS BREAK DETECTORS (DOOR and WINDOW) ARE EXPECTED TO HOLD MAJOR SHARE FOR SENSORS MARKET (2015-2010)
FIGURE 38 THE CAMERAS SEGMENT IS EXPECTED TO GROW AT 13.4% BETWEEN 2015 AND 2020
FIGURE 39 HOME SECURITY SOLUTIONS—MARKET SCOPE
FIGURE 40 INTEGRATED HOME SECURITY SOLUTIONS TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020
FIGURE 41 MEDICAL ALERT SYSTEMS MARKET—GEOGRAPHIC SNAPSHOT, 2015
FIGURE 42 ACCESS CONTROL and MANAGEMENT SOLUTIONS MARKET—GEOGRAPHIC SNAPSHOT, 2015
FIGURE 43 INTRUDER ALARM MARKET—GEOGRAPHIC SNAPSHOT, 2015
FIGURE 44 THE U.S. ACCOUNTED FOR THE LARGEST SHARE IN THE INTERCOM SYSTEMS MARKET, 2015
FIGURE 45 INDIA IS EXPECTED TO HAVE THE FASTEST-GROWING MARKET FOR VIDEO SURVEILLANCE SOLUTIONS, 2015-2020
FIGURE 46 THE U.S. ACCOUNTS FOR A SHARE OF ~47% OF THE TOTAL FIRE PROTECTION SOLUTIONS IN HOME SECURITY SOLUTIONS MARKET, 2015
FIGURE 47 THE APAC REGION TO GROW AT A CAGR OF 14.8% BETWEEN 2014 AND 2020
FIGURE 48 INDEPENDENT HOMES TO ACCOUNT FOR THE LARGEST MARKET SHARE (2015-2020)
FIGURE 49 HOME SECURITY SOLUTIONS MARKET SNAPSHOT (BETWEEN 2015 AND 2020)
FIGURE 50 APAC—THE FASTEST GROWING REGION, 2015-2020
FIGURE 51 THE AMERICAS HOME SECURITY SOLUTIONS MARKET: 2015 SNAPSHOT
FIGURE 52 THE U.S. IS EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE OF HOME SECURITY SOLUTIONS (2020)
FIGURE 53 THE U.K. CONTRIBUTES ~37% TO THE EUROPEAN HOME SECURITY SOLUTIONS MARKET, 2015
FIGURE 54 THE APAC REGION IS ESTIMATED TO GROW AT THE HIGHEST RATE IN THE HOME SECURITY SOLUTIONS MARKET
FIGURE 55 THE MIDDLE EASTERN AND AFRICAN REGIONS TO GROW AT A HIGHER RATE
FIGURE 56 COMPANIES ADOPTED MERGERS and ACQUISITIONS AS THE KEY GROWTH STRATEGY BETWEEN 2012 AND 2014
FIGURE 57 ASSA ABLOY GREW AT THE HIGHEST RATE BETWEEN 2012 AND 2014
FIGURE 58 GLOBAL HOME SECURITY SOLUTIONS MARKET RANKING, BY KEY PLAYER, 2014
FIGURE 59 MARKET EVOLUTION FRAMEWORK—MERGERS and ACQUISITIONS HAS FUELED GROWTH AND INNOVATION
FIGURE 60 BATTLE FOR MARKET SHARE: NEW PRODUCT DEVELOPMENTS AND MERGERS and ACQUISITIONS WERE THE KEY STRATEGIES
FIGURE 61 GEOGRAPHIC REVENUE MIX OF THE TOP FIVE MARKET PLAYERS
FIGURE 62 COMPETITIVE BENCHMARKING OF THE KEY MARKET PLAYERS (2012-2014): ASSA ABLOY EMERGED AS THE CHAMPION OWING TO ITS DIVERSIFIED PRODUCT PORTFOLIO
FIGURE 63 TYCO: COMPANY SNAPSHOT
FIGURE 64 TYCO: SWOT ANALYSIS
FIGURE 65 ASSA ABLOY : COMPANY SNAPSHOT
FIGURE 66 ASSA ABLOY: SWOT ANALYSIS
FIGURE 67 UNITED TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
FIGURE 68 UNITED TECHNOLOGIES CORPORATION: SWOT ANALYSIS
FIGURE 69 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT
FIGURE 70 HONEYWELL INTERNATIONAL, INC.: SWOT ANALYSIS
FIGURE 71 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
FIGURE 72 ROBERT BOSCH GMBH: SWOT ANALYSIS
FIGURE 73 INGERSOLL RAND: COMPANY SNAPSHOT
FIGURE 74 ALLEGION PLC : COMPANY SNAPSHOT
FIGURE 75 GODREJ and BOYCE MANUFACTURING COMPANY LIMITED: COMPANY SNAPSHOT
FIGURE 76 CONTROL4 CORPORATION: COMPANY SNAPSHOT

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