DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Home Security Solutions Market by Product, Solutions, Home Type, & Geography - Global Forecast to 2020" report to their offering.
The global home security solutions market is expected to grow at a CAGR of 8.7% between 2015 and 2020.
The home security solutions market has been gaining momentum since the past few years. This is mainly attributed to the rise in crime rates and technological advancements in various sectors such as sensors, biometrics, surveillance systems, communication technologies, and more. This market is also observed to provide potential growth opportunities to telecom providers and electrical distributors. However, the high cost of solution and lack of awareness confines the market growth. Home security solution providers also need to work on the adoption of innovative approaches in order to acquire new customers and retain the existing ones.
There is also a growing awareness about integrated security systems, combined with the need for medical assistance to elderly people at home, detection of hazardous conditions such as fire and gas leaks, and monitoring of children at home. The Americas held the largest market share of 60.93% in 2014. This was mainly attributed to the presence of a large number of companies along the home security solution supply chain in this region.
Companies Profiled:
- Alarm.Com
- Allegion PLC
- Assa Abloy
- Control4 Corporation
- Godrej & Boyce Manufacturing Company Limited
- Honeywell International Inc.
- Ingersoll Rand
- Nortek Security & Control LLC
- Robert Bosch GmbH
- TYCO
- United Technologies Corporation
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Product
8 Market, By Solution
9 Market By Home Type
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/vmxjch/home_security
