What is Connected Home Security Device - Global Market?
Connected home security devices represent a rapidly evolving segment within the global market, characterized by the integration of advanced technology into everyday home security systems. These devices are designed to enhance the safety and security of residential spaces by connecting various security components through a centralized system, often accessible via smartphones or other smart devices. The global market for these devices is expanding as more consumers seek to protect their homes with smart technology that offers convenience, real-time monitoring, and remote access. This market includes a range of products such as security cameras, smart locks, motion detectors, and alarm systems, all of which can be controlled and monitored through a single platform. The increasing adoption of smart home technology, coupled with growing concerns about home security, is driving the demand for connected home security devices. As technology continues to advance, these systems are becoming more sophisticated, offering features like facial recognition, voice control, and integration with other smart home devices. This trend is expected to continue, with more households adopting connected home security solutions to ensure the safety and security of their living environments.
Detection devices, Sensors, Security camera, Door locks, Access control, Others in the Connected Home Security Device - Global Market:
Detection devices, sensors, security cameras, door locks, access control systems, and other components form the backbone of the connected home security device market. Detection devices and sensors are crucial as they serve as the first line of defense in identifying potential security breaches. These devices can detect motion, sound, and even changes in environmental conditions, such as smoke or gas leaks, alerting homeowners to potential threats. Security cameras, another vital component, provide visual surveillance of the home’s interior and exterior. Modern security cameras are equipped with high-definition video capabilities, night vision, and even facial recognition technology, allowing homeowners to monitor their property in real-time from anywhere in the world. Door locks have also evolved with the advent of smart technology. Smart locks offer keyless entry, remote locking and unlocking, and integration with other smart home devices, providing both convenience and enhanced security. Access control systems further enhance home security by regulating who can enter the home and when. These systems can include biometric scanners, keypads, and card readers, offering multiple layers of security. Other components in the connected home security market include alarm systems, which provide audible alerts in case of a security breach, and home automation systems, which allow for the integration and control of various security devices through a single platform. The integration of these components into a cohesive system allows homeowners to customize their security solutions to meet their specific needs, providing peace of mind and protection for their families and property.
Staircase, Villa, Other in the Connected Home Security Device - Global Market:
The usage of connected home security devices extends to various areas within a home, including staircases, villas, and other residential spaces. In staircases, these devices can be particularly useful in preventing accidents and unauthorized access. Motion sensors and cameras can be installed to monitor activity on staircases, providing alerts if someone is using the stairs when they shouldn’t be, such as during nighttime hours or when the homeowner is away. This can be especially beneficial for families with young children or elderly residents, as it helps prevent falls and other accidents. In villas, which often have larger properties and multiple entry points, connected home security devices offer comprehensive protection. Security cameras can be strategically placed around the perimeter of the villa to monitor for intruders, while smart locks and access control systems can secure doors and windows. These devices can be integrated with home automation systems to create a seamless security solution that can be controlled remotely. Other residential spaces, such as apartments or townhouses, can also benefit from connected home security devices. These systems can be tailored to fit the specific needs of the space, whether it’s a small apartment with a single entry point or a larger townhouse with multiple floors. The flexibility and scalability of connected home security devices make them an ideal solution for any type of residential space, providing homeowners with the ability to customize their security systems to meet their unique needs and preferences.
Connected Home Security Device - Global Market Outlook:
The global market for connected home security devices was valued at approximately $168.4 million in 2023. This market is projected to grow significantly, reaching an estimated size of $320.7 million by 2030, with a compound annual growth rate (CAGR) of 9.4% during the forecast period from 2024 to 2030. This growth is driven by the increasing demand for smart home technology and the rising awareness of home security among consumers. Connected home security systems are small, smart systems that offer a range of features, including remote monitoring, real-time alerts, and integration with other smart home devices. These systems are becoming increasingly popular as they provide homeowners with the ability to monitor and control their home security from anywhere in the world. Honeywell, a leading company in the market, holds a significant share of the sales market, accounting for 23% of the total market share. This indicates the strong presence and influence of established companies in the market, as well as the potential for growth and innovation in the coming years. As more consumers adopt connected home security devices, the market is expected to continue its upward trajectory, offering new opportunities for companies and consumers alike.
| Report Metric | Details |
| Report Name | Connected Home Security Device - Market |
| Forecasted market size in 2030 | US$ 320.7 million |
| CAGR | 9.4% |
| Forecasted years | 2024 - 2030 |
| Segment by Type: |
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| Segment by Application |
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| By Region |
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| By Company | Essence, UTC / Interlogix, Johnson Controls, GE, Honeywell, Samsung, Apple, RISCO Group, Paradox, Philips, Xiaomi, Hager Group, Daitem Atral, E-Nova, Google |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
