Residential Security Market by Product Type (Smart Locks, Security Cameras, Fire Sprinklers & Extinguishers, Sensors & Security Alarms, and Others), Solution Type (System and Services), Security Type (Professional-installed & Monitored, Self-installed & Professionally Monitored, and Do-It-Yourself), Residential Type (Independent Homes and Condominiums/ Apartments), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 – 2031
Residential Security Market Outlook
The global residential security market size was USD 36.9 Bn in 2022 and is likely to reach USD 84.2 Bn by 2031, at a CAGR of 10.1% during the forecast period, 2023-2031. The market growth is attributed to the rising demand for residential security devices as the burglary rate is growing rapidly across the globe and the demand for smart homes is rapidly growing in developing countries.
A residential security system is a network of physical and electronic components that work together to keep a home safe. Residential security systems operate on the same fundamental idea of securing a house's entrance points such as doors & windows and the interior from fire and other threats.
Security system components vary widely from system to system, with some firms using only sensors while others use all of these and more. All of the parts are connected to a base station in the majority of home security systems. They establish a connection with a smartphone app, which enables monitoring and managing everything remotely. Most devices are linked to phones via Bluetooth, Wi-Fi, or cellular technology. In the event of a power loss, other systems opt to include a landline or battery backup.
Residential Security Market Dynamics
What Drives Residential Security Market?
- The emergence of wireless technologies and the Internet of Things (IoT)
IoT-based security systems guarantee security by sending users prompt notifications. Smart sensing tells the user when it notices variations in motion, heat, or sound. IoT increases the functionality of devices by making a lot of high-quality data available. For instance, the usage of HD cameras, infrared, and night vision surveillance systems ensures the availability of details of every event.
When there is an actual movement, motion activation captures and transmits information. Devices for digital video recording (DVR) make it possible to select a specific event's clip from the whole recording for a specific date and time. As a result, the development of IoT devices and efficient wireless communication is projected to accelerate the adoption of residential security systems with flexible security features.
- Increase in Burglary and Crime Rates
The demand for residential security systems has increased due to the rise in the rate of accidents and crime in recent years. According to the US Department of Justice, around 2.5 million burglaries are committed every year in the US. The high demand for security systems that identify smoke and fire, criminal activity, and provide assistance in alarming any medical situations are expected to help the market gain significant momentum which results in further market growth during the forecast period.
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Growth in the use of residential security systems
Installation of fire sprinklers and extinguishers is becoming a common practice in commercial and residential buildings. High-quality fire sprinklers prevent the risks early in their early stages, encouraging residents to install security systems. There are numerous applications of residential security systems that include live streaming to keep an eye on children or pets, which are expected to fuel the market in the coming years. Other benefits of installing residential security include accessibility, operational simplicity, and ease of recovering residential insurance policies.
- Rise in urbanization and disposable income
Rising urbanization, growing population, and increasing preference for using smart devices drive the market. The convenience of life in developed nations has been brought up due to increasing urbanization and industrialization. Growing disposable income is encouraging people to install high-quality residential security systems to feel safe, which is expected to drive the market. The value of the residential property also increases with the residential security systems.
What Restraints Residential Security Market?
- High costs associated with maintenance, installation, and operational
The price of hardware, software, and services needed to establish a security system is having an impact on how many people choose to use residential security solutions. The upfront installation cost for a professionally installed system is high due to the high cost of hardware and consultancy fees.
These systems require high ownership costs, as they need regular maintenance and require subscription payments and replacement in the event of damage. Additionally, software equipped with extensive analytics functions is expensive, which increases a system's overall cost.
- System complexity
Residential security systems are becoming increasingly complicated, as unique gadgets are connected to a single platform. The main design flaw in security systems is the integration of several devices, with varying degrees of compatibility, on a single platform.
A broad variety of sensors, actuators, and other wireless devices are used in residential security systems, producing a lot of data. Data traffic is produced by real-time monitoring and control using the created data. Additionally, wireless sensor networks' communication protocols, hardware, and processing resources limit data-handling capacity and smooth connectivity.
What are the Opportunities for Residential Security Market?
- Increase in adoption of artificial intelligence (AI) and machine learning
The rising use of artificial intelligence (AI) is creating opportunities in the market. Additionally, AI combined with machine learning is able to decrease false alarms, enhance the performance of anomaly detection and video analytics, and enhance the capabilities of video verification and monitoring. This combination of security and monitoring systems attracts additional consumers, which is projected to propel the market in the coming years.
- Advancement in Residential Security Systems
Companies are increasingly adding attractive features and top-notch controls to residential security systems. Advanced residential security systems drive a lot of attention from people due to the fixed technical issues, refined technology, and smart features such as managing the thermostat, air conditioning, ventilation, and lighting, which results in an increase in demand for security systems.
Modern residential security operates with little energy use while tracking the overall energy consumption, which is a concern for developed countries searching for ways to save energy. Such attractive characteristics have prompted developed economies to encourage citizens to install residential security advanced systems. The demand for residential security is increasing due to the miniaturization of sensors.
Scope of Residential Security Market Report
The report on the global residential security market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Residential Security Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023–2031 |
Segmentation |
Product Type (Smart Locks, Security Cameras, Fire Sprinklers & Extinguishers, Sensors & Security Alarms, and Others), Solution Type (System and Services), Security Type (Professional-installed & Monitored, Self-installed & Professionally Monitored, and Do-It-Yourself), and Residential Type (Independent Homes and Condominiums/ Apartments) |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Johnson Controls, ADT, Hangzhou Hikvision Digital Technology Co., Ltd, ASSA ABLOY, Resideo Technologies Inc., Robert Bosch GmbH, SECOM Co., Ltd., ABB, Allegion plc, and Godrej & Boyce Mfg. Co. Ltd. |
Residential Security Market Segmental Outlook
What Key Factors Contribute to the Significant Expansion of the Product Type Segment?
In terms of product types, the residential security market is segmented into smart locks, security cameras, fire sprinklers & extinguishers, sensors, security alarms, and others. The security cameras segment dominated the market in 2022 and the demand for security cameras is rapidly increasing as these are most commonly used and act as a strong deterrence to criminals and those who engage in illegal acts.
CCTV systems are expected to be complemented by other digital technologies namely, Internet Protocol CCTV to produce autonomous and adaptive surveillance mechanisms, which are anticipated to propel the market. The security alarms segment is anticipated to register a considerable CAGR in the coming years due to the rising demand for security alarms along with security cameras as these alarms help to send an alert to consumers if a burglary takes place. Moreover, key manufacturers are offering security alarms along with security cameras which can boost the global market in the coming years.
What are the Main Aspects for Boosting the Security Types Segment?
In terms of security type, the residential security market is split into professionally installed and monitored, self-installed and professionally monitored, and Do-It-Yourself (DIY). The professionally-installed and monitored segment is projected to hold a substantial share of the market in 2022 as the installer can provide advice and usage instructions on-site. Moreover, professional installation can be a good option for more complex installations.
The DIY segment is anticipated to register a considerable CAGR during the forecast period owing to the increasing consumer preference for DIY products. DIY products are gaining rapid attraction across the globe as it offers consumers to construct and handle the whole product on their own.
Why is the System Segment More Prevalent than the Service Segment?
In terms of solution types, the residential security market is bifurcated into systems and services. The system segment is further split into a fire protection system, video surveillance system, access control system, entrance control system, and intruder alarm system. The system segment is expected to expand at a significant rate as manufacturers are focusing on providing various systems with their products for consumers.
The services segment is further divided into security system integration services, remote monitoring services, fire protection services, video surveillance services, and access control services. The service segment is anticipated to register a considerable CAGR in the coming years owing to the increasing number of various easy-to-access services such as video surveillance services gaining rapid attraction with the introduction of 4K video resolution, AI, and machine learning which can further drive the market in the global market.
Which Major Factors influence the Substantial Growth of the Residential Type Segment?
In terms of residential types, the residential security market is split into independent homes and condominiums/ apartments. The independent homes segment is projected to hold a significant share of the market in 2022, as residential security systems are widely used in doors, locks, alarm systems, lighting, motion detectors, and security camera systems.
The condominiums/ apartments segment is expected to register a considerable CAGR during the forecast period owing to the increasing usage of security systems in apartments for security measures. Apartments owners are installing various security systems for a better and safe residential experience for the consumer experience.
Why is North America dominating the Global Residential Security Market?
Based on region, the residential security market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account for a dominant share of the global market in the year 2022. The growth of the market in North America is attributed to consistent technological advancements in residential security systems in the region, which are boosting the adoption of residential security systems in the region. Furthermore, increasing awareness among consumers regarding their safety is projected to propel the market in North America.
The market in Asia Pacific is expected to register a considerable CAGR during the forecast period owing to the rising population and rapid developments in infrastructure in the region. Increasing adoption of Artificial Intelligence (AI) in the Internet Of Things (IoT) devices especially for security and surveillance devices in developing countries such as India and China can drive the market in the region.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the global Residential security market
- Historical, Current, and Projected Market Size in terms of Value and Volume
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Residential Security Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Security Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Residential Security Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Security Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Residential Security Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Residential Security Market Size & Forecast, 2015-2030
4.5.1 Residential Security Market Size and Y-o-Y Growth
4.5.2 Residential Security Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, By Product Type, 2015-2030
4.7 Global Residential Security System Installation Base by Region
4.8 Residential Security: Emerging Technologies Landscape
4.9 Residential Security Machine Learning and Predictive Analytics: Overview
4.10 Residential Smart Security and Traditional Security Market: Overview
Chapter 5 Global Residential Security Market Analysis and Forecast By Product Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Product Type
5.1.2 Basis Point Share (BPS) Analysis By Product Type
5.1.3 Absolute $ Opportunity Assessment By Product Type
5.2 Residential Security Market Size & Volume Forecast By Product Type
5.2.1 Smart Locks
5.2.2 Security Cameras
5.2.3 Fire Sprinklers & Extinguishers
5.2.4 Sensors and Security Alarms
5.2.5 Others
5.3 Market Attractiveness Analysis By Product Type
Chapter 6 Global Residential Security Market Analysis and Forecast By Security Type
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Security Type
6.1.2 Basis Point Share (BPS) Analysis By Security Type
6.1.3 Absolute $ Opportunity Assessment By Security Type
6.2 Residential Security Market Size & Volume Forecast By Security Type
6.2.1 Professional-installed and Monitored
6.2.2 Self-installed and Professionally Monitored
6.2.3 Do-It-Yourself (DIY)
6.3 Market Attractiveness Analysis By Security Type
Chapter 7 Global Residential Security Market Analysis and Forecast By Solution Type
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Solution Type
7.1.2 Basis Point Share (BPS) Analysis By Solution Type
7.1.3 Absolute $ Opportunity Assessment By Solution Type
7.2 Residential Security Market Size & Volume Forecast By Solution Type
7.2.1 System
7.2.1.1 Fire Protection System
7.2.1.2 Video Surveillance System
7.2.1.3 Access Control System
7.2.1.4 Entrance Control System
7.2.1.5 Intruder Alarm System
7.2.2 Services
7.2.2.1 Security System Integration Services
7.2.2.2 Remote Monitoring Services
7.2.2.3 Fire Protection Services
7.2.2.4 Video Surveillance Services
7.2.2.5 Access Control Services
7.3 Market Attractiveness Analysis By Solution Type
Chapter 8 Global Residential Security Market Analysis and Forecast By Residential Type
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By Residential Type
8.1.2 Basis Point Share (BPS) Analysis By Residential Type
8.1.3 Absolute $ Opportunity Assessment By Residential Type
8.2 Residential Security Market Size & Volume Forecast By Residential Type
8.2.1 Independent Homes
8.2.2 Condominiums/Apartments
8.3 Market Attractiveness Analysis By Residential Type
Chapter 9 Global Residential Security Market Analysis and Forecast by Region
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Region
9.1.2 Basis Point Share (BPS) Analysis by Region
9.1.3 Absolute $ Opportunity Assessment by Region
9.2 Residential Security Market Size & Volume Forecast by Region
9.2.1 North America
9.2.2 Europe
9.2.3 Asia Pacific
9.2.4 Latin America
9.2.5 Middle East & Africa (MEA)
9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
10.1 Introduction
10.2 Current & Future Impact Analysis
10.3 Economic Impact Analysis
10.4 Government Policies
10.5 Investment Scenario
Chapter 11 North America Residential Security Analysis and Forecast
11.1 Introduction
11.2 North America Residential Security Market Size & Volume Forecast by Country
11.2.1 U.S.
11.2.2 Canada
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 North America Residential Security Market Size & Volume Forecast By Product Type
11.6.1 Smart Locks
11.6.2 Security Cameras
11.6.3 Fire Sprinklers & Extinguishers
11.6.4 Sensors and Security Alarms
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis By Product Type
11.8 Absolute $ Opportunity Assessment By Product Type
11.9 Market Attractiveness Analysis By Product Type
11.10 North America Residential Security Market Size & Volume Forecast By Security Type
11.10.1 Professional-installed and Monitored
11.10.2 Self-installed and Professionally Monitored
11.10.3 Do-It-Yourself (DIY)
11.11 Basis Point Share (BPS) Analysis By Security Type
11.12 Absolute $ Opportunity Assessment By Security Type
11.13 Market Attractiveness Analysis By Security Type
11.14 North America Residential Security Market Size & Volume Forecast By Solution Type
11.14.1 System
11.14.1.1 Fire Protection System
11.14.1.2 Video Surveillance System
11.14.1.3 Access Control System
11.14.1.4 Entrance Control System
11.14.1.5 Intruder Alarm System
11.14.2 Services
11.14.2.1 Security System Integration Services
11.14.2.2 Remote Monitoring Services
11.14.2.3 Fire Protection Services
11.14.2.4 Video Surveillance Services
11.14.2.5 Access Control Services
11.15 Basis Point Share (BPS) Analysis By Solution Type
11.16 Absolute $ Opportunity Assessment By Solution Type
11.17 Market Attractiveness Analysis By Solution Type
11.18 North America Residential Security Market Size & Volume Forecast By Residential Type
11.18.1 Independent Homes
11.18.2 Condominiums/Apartments
11.19 Basis Point Share (BPS) Analysis By Residential Type
11.20 Absolute $ Opportunity Assessment By Residential Type
11.21 Market Attractiveness Analysis By Residential Type
Chapter 12 Europe Residential Security Analysis and Forecast
12.1 Introduction
12.2 Europe Residential Security Market Size & Volume Forecast by Country
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 U.K.
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Europe Residential Security Market Size & Volume Forecast By Product Type
12.6.1 Smart Locks
12.6.2 Security Cameras
12.6.3 Fire Sprinklers & Extinguishers
12.6.4 Sensors and Security Alarms
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis By Product Type
12.8 Absolute $ Opportunity Assessment By Product Type
12.9 Market Attractiveness Analysis By Product Type
12.10 Europe Residential Security Market Size & Volume Forecast By Security Type
12.10.1 Professional-installed and Monitored
12.10.2 Self-installed and Professionally Monitored
12.10.3 Do-It-Yourself (DIY)
12.11 Basis Point Share (BPS) Analysis By Security Type
12.12 Absolute $ Opportunity Assessment By Security Type
12.13 Market Attractiveness Analysis By Security Type
12.14 Europe Residential Security Market Size & Volume Forecast By Solution Type
12.14.1 System
12.14.1.1 Fire Protection System
12.14.1.2 Video Surveillance System
12.14.1.3 Access Control System
12.14.1.4 Entrance Control System
12.14.1.5 Intruder Alarm System
12.14.2 Services
12.14.2.1 Security System Integration Services
12.14.2.2 Remote Monitoring Services
12.14.2.3 Fire Protection Services
12.14.2.4 Video Surveillance Services
12.14.2.5 Access Control Services
12.15 Basis Point Share (BPS) Analysis By Solution Type
12.16 Absolute $ Opportunity Assessment By Solution Type
12.17 Market Attractiveness Analysis By Solution Type
12.18 Europe Residential Security Market Size & Volume Forecast By Residential Type
12.18.1 Independent Homes
12.18.2 Condominiums/Apartments
12.19 Basis Point Share (BPS) Analysis By Residential Type
12.20 Absolute $ Opportunity Assessment By Residential Type
12.21 Market Attractiveness Analysis By Residential Type
Chapter 13 Asia Pacific Residential Security Analysis and Forecast
13.1 Introduction
13.2 Asia Pacific Residential Security Market Size & Volume Forecast by Country
13.2.1 China
13.2.2 Japan
13.2.3 South Korea
13.2.4 India
13.2.5 Australia
13.2.6 South East Asia (SEA)
13.2.7 Rest of Asia Pacific (APAC)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Asia Pacific Residential Security Market Size & Volume Forecast By Product Type
13.6.1 Smart Locks
13.6.2 Security Cameras
13.6.3 Fire Sprinklers & Extinguishers
13.6.4 Sensors and Security Alarms
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis By Product Type
13.8 Absolute $ Opportunity Assessment By Product Type
13.9 Market Attractiveness Analysis By Product Type
13.10 Asia Pacific Residential Security Market Size & Volume Forecast By Security Type
13.10.1 Professional-installed and Monitored
13.10.2 Self-installed and Professionally Monitored
13.10.3 Do-It-Yourself (DIY)
13.11 Basis Point Share (BPS) Analysis By Security Type
13.12 Absolute $ Opportunity Assessment By Security Type
13.13 Market Attractiveness Analysis By Security Type
13.14 Asia Pacific Residential Security Market Size & Volume Forecast By Solution Type
13.14.1 System
13.14.1.1 Fire Protection System
13.14.1.2 Video Surveillance System
13.14.1.3 Access Control System
13.14.1.4 Entrance Control System
13.14.1.5 Intruder Alarm System
13.14.2 Services
13.14.2.1 Security System Integration Services
13.14.2.2 Remote Monitoring Services
13.14.2.3 Fire Protection Services
13.14.2.4 Video Surveillance Services
13.14.2.5 Access Control Services
13.15 Basis Point Share (BPS) Analysis By Solution Type
13.16 Absolute $ Opportunity Assessment By Solution Type
13.17 Market Attractiveness Analysis By Solution Type
13.18 Asia Pacific Residential Security Market Size & Volume Forecast By Residential Type
13.18.1 Independent Homes
13.18.2 Condominiums/Apartments
13.19 Basis Point Share (BPS) Analysis By Residential Type
13.20 Absolute $ Opportunity Assessment By Residential Type
13.21 Market Attractiveness Analysis By Residential Type
Chapter 14 Latin America Residential Security Analysis and Forecast
14.1 Introduction
14.2 Latin America Residential Security Market Size & Volume Forecast by Country
14.2.1 Brazil
14.2.2 Mexico
14.2.3 Rest of Latin America (LATAM)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Latin America Residential Security Market Size & Volume Forecast By Product Type
14.6.1 Smart Locks
14.6.2 Security Cameras
14.6.3 Fire Sprinklers & Extinguishers
14.6.4 Sensors and Security Alarms
14.6.5 Others
14.7 Basis Point Share (BPS) Analysis By Product Type
14.8 Absolute $ Opportunity Assessment By Product Type
14.9 Market Attractiveness Analysis By Product Type
14.10 Latin America Residential Security Market Size & Volume Forecast By Security Type
14.10.1 Professional-installed and Monitored
14.10.2 Self-installed and Professionally Monitored
14.10.3 Do-It-Yourself (DIY)
14.11 Basis Point Share (BPS) Analysis By Security Type
14.12 Absolute $ Opportunity Assessment By Security Type
14.13 Market Attractiveness Analysis By Security Type
14.14 Latin America Residential Security Market Size & Volume Forecast By Solution Type
14.14.1 System
14.14.1.1 Fire Protection System
14.14.1.2 Video Surveillance System
14.14.1.3 Access Control System
14.14.1.4 Entrance Control System
14.14.1.5 Intruder Alarm System
14.14.2 Services
14.14.2.1 Security System Integration Services
14.14.2.2 Remote Monitoring Services
14.14.2.3 Fire Protection Services
14.14.2.4 Video Surveillance Services
14.14.2.5 Access Control Services
14.15 Basis Point Share (BPS) Analysis By Solution Type
14.16 Absolute $ Opportunity Assessment By Solution Type
14.17 Market Attractiveness Analysis By Solution Type
14.18 Latin America Residential Security Market Size & Volume Forecast By Residential Type
14.18.1 Independent Homes
14.18.2 Condominiums/Apartments
14.19 Basis Point Share (BPS) Analysis By Residential Type
14.20 Absolute $ Opportunity Assessment By Residential Type
14.21 Market Attractiveness Analysis By Residential Type
Chapter 15 Middle East & Africa (MEA) Residential Security Analysis and Forecast
15.1 Introduction
15.2 Middle East & Africa (MEA) Residential Security Market Size & Volume Forecast by Country
15.2.1 Saudi Arabia
15.2.2 South Africa
15.2.3 UAE
15.2.4 Rest of Middle East & Africa (MEA)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Middle East & Africa (MEA) Residential Security Market Size & Volume Forecast By Product Type
15.6.1 Smart Locks
15.6.2 Security Cameras
15.6.3 Fire Sprinklers & Extinguishers
15.6.4 Sensors and Security Alarms
15.6.5 Others
15.7 Basis Point Share (BPS) Analysis By Product Type
15.8 Absolute $ Opportunity Assessment By Product Type
15.9 Market Attractiveness Analysis By Product Type
15.10 Middle East & Africa (MEA) Residential Security Market Size & Volume Forecast By Security Type
15.10.1 Professional-installed and Monitored
15.10.2 Self-installed and Professionally Monitored
15.10.3 Do-It-Yourself (DIY)
15.11 Basis Point Share (BPS) Analysis By Security Type
15.12 Absolute $ Opportunity Assessment By Security Type
15.13 Market Attractiveness Analysis By Security Type
15.14 Middle East & Africa (MEA) Residential Security Market Size & Volume Forecast By Solution Type
15.14.1 System
15.14.1.1 Fire Protection System
15.14.1.2 Video Surveillance System
15.14.1.3 Access Control System
15.14.1.4 Entrance Control System
15.14.1.5 Intruder Alarm System
15.14.2 Services
15.14.2.1 Security System Integration Services
15.14.2.2 Remote Monitoring Services
15.14.2.3 Fire Protection Services
15.14.2.4 Video Surveillance Services
15.14.2.5 Access Control Services
15.15 Basis Point Share (BPS) Analysis By Solution Type
15.16 Absolute $ Opportunity Assessment By Solution Type
15.17 Market Attractiveness Analysis By Solution Type
15.18 Middle East & Africa (MEA) Residential Security Market Size & Volume Forecast By Residential Type
15.18.1 Independent Homes
15.18.2 Condominiums/Apartments
15.19 Basis Point Share (BPS) Analysis By Residential Type
15.20 Absolute $ Opportunity Assessment By Residential Type
15.21 Market Attractiveness Analysis By Residential Type
Chapter 16 Competition Landscape
16.1 Residential Security Market: Competitive Dashboard
16.2 Global Residential Security Market: Market Share Analysis, 2021
16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
16.3.1 Johnson Controls.
16.3.2 ADT
16.3.3 Hangzhou Hikvision Digital Technology Co., Ltd.
16.3.4 ASSA ABLOY
16.3.5 Resideo Technologies Inc
16.3.6 Robert Bosch GmbH
16.3.7 SECOM Co., Ltd.
16.3.8 ABB
16.3.9 Allegion plc
16.3.10 Godrej & Boyce Mfg. Co. Ltd.