North America Home Security Systems Market 2021, Share, Analysis, Size, Demand, Research Report 2026 – Mainlander.nz
The latest report of the IMARC group, entitled “North America Home Security Systems Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026», Notes that the North America Home Security Systems Market Size reaches a value of $ 7.23 billion in 2020. Home security systems refer to a combination of integrated software and hardware devices designed to detect unauthorized entry or potential intruders into a secure area. At present, North America is one of the major markets for home security systems across the world due to the availability of advanced devices which have helped to expand the applications of modern home security systems. . Some of these devices include wireless alarms, motion or body heat detectors, remote systems, and customizable and intelligent alarm systems.
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Manufacturers of home security systems in North America are introducing systems that are easier to use and more efficient. Some of these systems allow users to remotely monitor their homes, while others offer fire and carbon monoxide detectors that can assist users in an emergency. Apart from this, a significant increase in the number of property crimes, such as burglary, theft, motor vehicle theft, arson and vandalism, has boosted the demand for home security systems in the country. region. Looking ahead, IMARC Group expects the North American home security system market to grow at a 16.8% CAGR in 2021-2026.
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Key market segmentation:
- The market has been segmented on the basis of integration which includes integrated systems and stand-alone systems. Today, integrated systems represent the most important segment.
- On the basis of installation, the market has been separated into professionally installed and DIY type systems. Currently, professionally installed home security systems are gaining popularity across North America.
- Based on panel types, wireless panels account for the largest share. They are followed by hybrid panels, hardwired panels and alarm panels.
- The home security systems market has been categorized based on the types of sensors which include wired sensors and wireless sensors. Wireless sensors are currently the most popular segment.
- Based on communication modules, the market has been divided into supervised and self-supervised professionals. Currently, professional monitored communication modules hold the largest share.
- The report analyzed the market on the basis of different equipment which mainly includes CCTV, intrusion alarms, electronic locks, sprinklers and fire extinguishers etc. Of these, CCTV is the most widely used equipment in the region.
- The market has been classified on the basis of the residential type into independent houses, condominiums and apartments. Among these, independent houses represented the most important segment.
- Geographically, the United States is the number one market for home security systems, followed by Canada, Mexico and others.
- The report also analyzed the competitive landscape of the market along with the profiles of major players.
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