Global Home Security Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Type Equipment and service Market Segments by Type of Installation DIY type and professional type Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name ADT Corporation, Monitronics International, Vivint Inc., Protection One, and UTC Fire & Security Trend Growth Rate and CAGR9.2% Key Industry Forecast The global home security market is expected to reach an estimated $51.5 billion by 2022 and it is forecast to grow at a CAGR of 9.2% from 2017 to 2022 Key Industry Driver Driver: Increasing rate of crime, declining prices of security products, increasing awareness related to safety and security, and the growing adaption of cloud-based technologies. 2

Industry Overview Market Size The global home security market is expected to reach an estimated $51.5 billion by 2022 and it is forecast to grow at a CAGR of 9.2% from 2017 to 2022 Emerging trends, which have a direct impact on the dynamics of the home security industry, include adoption of artificial intelligence and machine learning software in the residential security sector and constant developments of security technologies, such as smart cameras and sensors. Market Size (2022)$51.5 billion CAGR ( )9.2% 3 Industry Performance : Forecast