Connected Home Security Service System Market

The global Connected Home Security Service System market was valued at US$ 173.3 million in 2022 and is projected to reach US$ 317.4 million by 2030, 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 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 Service System Market aims to provide a comprehensive presentation of the global market for Connected Home Security Service System, 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 Service System. Connected Home Security Service System Market contains market size and forecasts of Connected Home Security Service System in global, including the following market information:

• Monitor System
• Alarm System

• Villa
• Apartment
• Other

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)
  

• Key companies Connected Home Security Service System revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Connected Home Security Service System revenues share in global market, 2022 (%)

• ADT Security
• AT&T
• Comcast
• Securitas
• Vivint
• Armorax
• Moni
• Frontpoint
• Secom