Future Outlook of Global Smart Home Security Industry: Ken Research What Is The Size Of Global Smart Home Security Industry? Global Smart Home Security market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027. The Global Smart Home Security Market is largely driven by rising number of burglaries, need for more secure and sound system… Read More »
The global smart home security systems market is expected to reach USD 55 Bn by 2027. Will Global Smart Home security system market stand on this expected figure? The smart home security market is highly fragmented due to low entry barriers. The major players in the market are ADT Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd, and Abode Systems Inc., among others. Further strategic partnerships and innovations are the driving force for the industry, and the… Read More »
The global smart home security systems market was valued at USD 25 Bn in 2022. Will Global smart home security systems continue this growth trajectory? Ken Research 1. Increasing burglaries and house breaks in are making it more crucial for homes to adopt smart home security Checkout: Trends and Developments in Global Smart Home Security Market The US Department of Justice estimated that 2.5 Mn burglaries occur yearly, with more than half of incidents being home invasions. As stated by security.org, fewer… Read More »
