Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Focus on Secure Townships for Urban Development to Help Revenues in Climb to ~US$ 30,293.0 Mn by 2022-End, observes TMR

This image opens in the lightbox

News provided by

Transparency Market Research

11 May, 2020, 14:30 GMT

Share this article

Share toX

Share this article

Share toX

- State-of-the-art electronics automating security and surveillance solutions; managed security service providers show the way

- Compatibility in technologies and accessibility of various platforms expand horizon in home security solutions market

ALBANY, New York, May 11, 2020 /PRNewswire/ -- Growing adoption of automated security and surveillance technologies in home security solutions has enabled residential users prevent home invasions, burglaries, and property crimes. The global home security solutions market stood at US$ 17,790.5 million in 2019. From 2020 to 2022, the market is expected to clock CAGR of 19.7%, taking its worth to US$ 30,293.0 million by 2022.

A wide range of hardware and software in the home security solutions are seeing technology advancements, and players are leaning on increasing the touch points in developing and developed nations. With governments focused on promoting secure townships, the awareness about range of remote monitoring solutions will gain popularity among residential consumers. This is boosting the revenue potential for stakeholders in the home security solutions market. 

The unveiling of variety of platforms and new technology interfaces will attract more residential consumers to adopt home security solutions, notes analysts at TMR.

Download PDF Brochure https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1241 

Key Takeaways in Home Security Solutions Market Study

  • Among the various segments of hardware, electronic locks held 44% of the total hardware market in 2019; their high reliability underpins the popularity
  • The electronics locks segment is also the most rapidly growing one, with estimated CAGR of 27.1% during 2020 - 2022
  • Among the various sub-segments of hardware under component segment in the market, video surveillance is witnessing large adoption
  • Among the various types, hardware held a whopping share of 94% in the overall home security solutions market in 2019
  • Among the key video surveillance technologies used in home security solutions, IP-based video surveillance are rapidly gaining consumer preference over analog solutions.
  • Home security services segment is rising at the most rapid rate-- at CAGR of 24.7% during 2020 – 2022
  • Access control and authentication is rapidly emerging hardware segment in the home security solutions market
  • The fastest growing regional market—North America—is projected to garner CAGR of 19.9% during 2020 – 2022

Explore 112 of pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Home Security Solutions Market (Component: Hardware [Video Surveillance, Access Control and Authentication, Alarms, Electronic Locks, and Other Systems], Software, and Services [Installation, Technical Support, Consulting, and Cloud-based]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2022 at https://www.transparencymarketresearch.com/home-security-solutions.html

Home Security Solutions Market: Key Driving Factors and Avenues

  • Some trends pertaining to consumer adoption and preferences are expected to influence the future trajectories of the home security solutions market considerably. A few worth taking into account are:
  • Growing popularity of internet of things technology and wireless services expand the revenue potential in market
  • Sheer pace of adoption of smartphones and other mobile devices to control surveillance and security functions drive demand for home security solutions
  • The increasing affordability of managed security solutions for consumers at large is a prominent driver for market growth.
  • Focus of residential users in preventing unauthorized access of people to controlled facilities and buildings bolster the uptake of home security solutions

Analyze home security solutions market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Home Security Solutions Market: Region-wise Analysis

Among the various regions, North America has led the pack in 2019, holding a major share of 38.3% in 2019. It is also expected to be the most rapidly growing market during the forecast period. A large appetite for growing numbers of residential consumers for advanced home security and surveillance solutions drive the demand for biometrics, voice transmissions, asset tracking systems, and smart cards. The regional market is also witnessing the wide acceptance of home automation integrated with security solutions for smart buildings. Need for securing facilities with smart wireless technologies is also fueling the rapid expansion of revenues in the regional market.

Key Impediments to Home Security Solutions Market Players

Low level of IT expertise among consumers has hindered a steady demand for home security solutions. Further, high cost of some solutions has dampened the prospects in cost-sensitive markets. Nevertheless, in coming years, automation solutions to secure homes against unauthorized intrusion will pave way for sizable opportunities for device makers and solution providers.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/1241

The Home Security Solutions market is segmented on the basis of:

Component

    • Hardware
      • Video Surveillance
        • Analog Cameras
        • IP Cameras
        • Others (Recorders and Storage, CCTV Monitors and Encoders)
      • Access Control and Authentication
        • Biometrics
        • RFID
        • Card-based
      • Electronic Locks
      • Alarms
      • Sensors and Detectors
    • Software
    • Services
      • Installation/Integration
      • Technical Support
      • Consulting
      • Cloud-based Services

By Geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7 Countries
    • CIS Countries
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of APAC
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry:

Hardware Security Module (HSM) Market – Growth of the hardware security module market is due to concerns over data breaches as well as increased spending on cyber security. Demand for HSM solutions is expected to surge in the coming years with more small and medium scale organizations involving in formulating encryption strategies.

Asset Performance Management Solutions Market – The prominent market share of the region is due to the high adoption of cloud technology, and technological advancements in the field of asset performance management solutions, especially in the U.S. and Canada. The asset performance management solutions market in Asia Pacific is expected to expand at a higher CAGR during the forecast period.

Video on Demand Market – The global video on demand market is mainly driven by increasing consumer spending over the internet, and growing penetration of connected devices such as smartphones, smart TVs, and tablets for video consumption.

A2P SMS Market – The global A2P SMS market is projected to reach a value of ~US$ 101 Bn by 2030. The A2P SMS market is projected to expand at a CAGR of ~4% from 2020 to 2030. Increase in mobile subscriber base and growth in mobile marketing activities by marketers and application developers are positively impacting the market.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Blog: https://tmrblog.com/

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Networks

Networks

Networks

Networks

Computer & Electronics

Computer & Electronics

High Tech Security

High Tech Security

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.