2018-2023 Global Connected Home Security System Consumption Market Report

Published: July 2018
No. of Pages: 139
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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Connected Home Security System market for 2018-2023.

Connected home security system is a set of integrated systems connects to your home Wi-Fi network so you can monitor and control your security devices using your smartphone and an app. Entry-level systems typically include a couple of door and window sensors, a motion detector, and a hub that communicates with these devices using one or more wireless protocols such as Wi-Fi, Z-Wave, ZigBee, or a proprietary mesh network. You can add extra door, motion, and window sensors to provide coverage for your entire house and build a comprehensive system that includes door locks, garage door openers, indoor and outdoor surveillance cameras, lights, sirens, smoke/CO detectors, water sensors, and more. The key part of connected home security system is smart Hub or smart control panel. The hub connects to your router via a wired ethernet connection and infiltrates your airwaves with a signal that the smart home devices respond to. Therefore, our data covers the entire system. Our data does not cover separate components.
Connected home security system is a small smart system. In the past few years, the industry has shown great market potential. Honeywell, ADT, Samsung, Panasonic and Vivint are the main players in the market. Honeywell is a global leader. In 2016, Honeywell holds 23% of the sales market share.
At present, connected home security system is the main channel of sales channels. For sales of products, manufacturers must let customers know that they are the market leader. As a manufacturer, the company must attach equal importance to direct sales and distribution. We believe that product quality and service attitude is always the most important points. In this same time, we believe that attention to these pathways is also very important.
Over the next five years, LPI(LP Information) projects that Connected Home Security System will register a 19.3% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 70 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Connected Home Security System market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
- Monitor System
- Alarm System
Segmentation by application:
- Villa
- Apartment
- Other

This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Honeywell
- ADT
- Securitas
- Panasonic
- Samsung
- Vivint
- LifeShield
- Scout Alarm

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global Connected Home Security System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Connected Home Security System market by identifying its various subsegments.
- Focuses on the key global Connected Home Security System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Connected Home Security System with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Connected Home Security System submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

Published By: LP Information INC
Product Code: LP Information INC29664


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