HOME SECURITY
HOME SECURITY
A home security system is a collection of interconnected electronic devices that are meant to both identify and prevent intruder activity, such as burglaries. Doors, alarm systems, motion detectors, security cameras, lighting, locks, and other components make up the hardware of a home security system. A home security system uses sensors that are connected to a control panel to help secure every entry point. Moreover, all actions are recorded by the security cameras and are viewable via the control panel. The demand for home security systems in the region has been impacted over time by the rise in crime, home invasions, and burglaries in North America.
Home Security System Market
The development of DIY home security systems, which are popular due to their low cost, simplicity of installation, and smartphone-enabled functionality, is one of the main factors propelling the global home security system market. The US leads the continent of America in the number of people who have installed DIY home security systems. In the forecast years, the market will grow due to factors like these systems’ lower cost when compared to professional security systems. For example, cameras included in professional packages cost more than those used in do-it-yourself setups. Furthermore, non-traditional security equipment providers will benefit from DIY security systems’ flexibility in helping to raise the percentage of homes with alarm systems overall.
The home security system market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.
- ABB Ltd.
- ADT Inc.
- ASSA ABLOY AB
- Bay Alarm Co.
- Frontpoint Security Solutions LLC
- Godrej and Boyce Manufacturing Co. Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Honeywell International Inc.
- Monitronics International Inc.
- Nortek Security and Control LLC
- Panasonic Corp.
- Robert Bosch GmbH
- Scout Security Ltd.
- SimpliSafe Inc.
How we Contribute & Work
Our customers are able to receive home security services at a significantly reduced cost thanks to our strategic partnerships with businesses worldwide. We provide you with a quote, compare the features and prices of all our top home security providers based on your needs, and ensure a smooth installation process.