Connected Home Security Device Market

Connected home security system is a set of integrated systems connects to your home Wi-Fi network so you can monitor and control your security devices using your smartphone and an app. Entry-level systems typically include a couple of door and window sensors, a motion detector, and a hub that communicates with these devices using one or more wireless protocols such as Wi-Fi, Z-Wave, ZigBee, or a proprietary mesh network. You can add extra door, motion, and window sensors to provide coverage for your entire house and build a comprehensive system that includes door locks, garage door openers, indoor and outdoor surveillance cameras, lights, sirens, smoke/CO detectors, water sensors, and more. The key part of connected home security system is smart Hub or smart control panel. The hub connects to your router via a wired ethernet connection and infiltrates your airwaves with a signal that the smart home devices respond to. Therefore, our data covers the entire system. Our data does not cover separate components.
In the market, Samsung, Panasonic and other companies can provide a separate device or the entire system equipment. However, some companies only provide the home security system service. These companies do not directly produce home security devices. At present, these companies include Armorax, Moni and Frontpoint, Comcast, Securitas and so on. ADT Security and Vivint can produce connected home security system for their own service platform. Our data covers equipment manufacturers. At the same time, we also list the major service providers in Europe and the United States. Connected home security system is part of a smart home. Therefore, our data does not cover general home monitoring or fire control system.
Home security system service industry has a long history. However, the home security system service platform is a large connection platform. This also brings a lot of problems. Connected home security system is a small system. This system can make up for the deficiencies of large systems. Since 2013, connected home security system has grown rapidly.
Connected Home Security Device Market aims to provide a comprehensive presentation of the global market for Connected Home Security Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Connected Home Security Device. Connected Home Security Device Market contains market size and forecasts of Connected Home Security Device in global, including the following market information:
Global Connected Home Security Device Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Connected Home Security Device market was valued at US$ 173.3 million in 2022 and is projected to reach US$ 317.4 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Connected home security system is a small smart system. In the past few years, the industry has shown great market potential. Honeywell, ADT, Samsung, Panasonic and Vivint are the main players in the market. Honeywell is a global leader. Honeywell holds 23% of the sales market share.
We surveyed the Connected Home Security Device companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Connected Home Security Device Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Connected Home Security Device Market Segment Percentages, by Type, 2022 (%)
Detection devices
Sensors
Security camera
Door locks
Access control
Others
Global Connected Home Security Device Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Connected Home Security Device Market Segment Percentages, by Application, 2022 (%)
Staircase
Villa
Other
Global Connected Home Security Device Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Connected Home Security Device Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Connected Home Security Device revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Connected Home Security Device revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Essence
UTC / Interlogix
Johnson Controls
GE
Honeywell
Samsung
Apple
RISCO Group
Paradox
Philips
Xiaomi
Hager Group
Daitem Atral
E-Nova
Google
Outline of Major Chapters:
Chapter 1: Introduces the definition of Connected Home Security Device, market overview.
Chapter 2: Global Connected Home Security Device market size in revenue.
Chapter 3: Detailed analysis of Connected Home Security Device company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Connected Home Security Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.