DUBLIN--(BUSINESS WIRE)--The "Global Residential Security Market by Product, by Solution, by Home Type - Size and Forecast to 2014-2024" report has been added to ResearchAndMarkets.com's offering.
The future of the Global Residential security market is predicted to be attractive with increasing number of threats in the residential sector across the globe.
As per the study, the market is estimated to reach above USD 67,000 million by 2024. On the account of substantial development in technologies, such as Internet of Things (IoT), adoption of cloud based security technologies and rapid increase in demand for advanced security solutions, like alert systems and wireless locks, this market is gaining more traction.
Lucrative opportunities which firms a positive future of the global Residential security market includes the introduction of predictive intelligence in Residential security solutions, and growth in the do it yourself (DIY) security solutions. Emerging trends which promises a continuous growth of the global Residential security market comprises of rapid emergence of the wireless residential security which act as a status trend in many developing regions.
Key Findings
- As per the research, sale of security cameras was highest amongst other residential security products. Further, security camera segment is expected to continue with its highest revenue contribution during the forecast period. Security cameras are one of the fundamental devices for Residential security, which are purchased by every Residential owner who wants to immune their property against unexpected intrusions..
- Among various solutions, demand for audio visual surveillance segment witnessed the highest growth during 2014-2017. However, Residential integrated security segment is anticipated to lead the market with highest growth rate, during the forecast period. Among smart locks, electronic door locks contributed highest revenue to the global market, however, the sales of next generation wireless locks is expected to grow fastest in the coming years.
Companies Profiled
- Bosch Security Systems
- Honeywell International
- Alarm.com Holdings
- Nortek Security & Control
- Allegion
- United Technologies Corporation
- Ingersoll-Rand
- Control4 Corporation
- Godrej & Boyce Mfg.
- The ADT Corporation
Topics Covered
1. Research Objective
2 Research Methodology
3 Executive Summary
4 Market Introduction
5 Market Size and Forecast by Product
6 Market Size and Forecast by Solution
7 Market Size and Forecast by Home Type
8 Market Size and Forecast by Geography
9 Market Competitiveness
10 Company Profiles
11 Strategic Recommendations
Companies Profiled
For more information about this report visit https://www.researchandmarkets.com/research/swjlg8/global?w=4
