Setting

North America Home Security Systems Market by Component, System Type, Product Offering, Home Type, and Country 2014-2025: Growth Opportunity and Business Strategy

Published: 25 Jan 2019 | Report Code: 10247166 | Pages: 109

(Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.) GMD predicts the North America Home Security Systems Market will reach $29.9 billion in 2025 owing to a growing adoption of all types of traditional and smart home security systems in North America households. Highlighted with 19 tables and 37 figures, this 109-page report “North America Home Security Systems Market by Component, System Type, Product Offering, Home Type, and Country 2014-2025: Growth Opportunity and Business Strategy” is based on a comprehensive research of North America home security systems market by analyzing the entire regional market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Five Forces

 

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America home security systems market in every aspect of the classification from perspectives of Component, System Type, Product Offering, Home Type, and Country.

 

Based on component, the North America market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.

• Hardware

• Software

• Service

 

On basis of system type, the North America market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.

• Professionally Installed & Monitored Systems

• Self-Installed & Professionally Monitored Systems

• Do-It-Yourself (DIY) Systems

 

On basis of product offering, the North America market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.

• Fire Detection Systems

• Video Surveillance Systems

• Access Control Systems

• Intruder Alarms

• Other Systems

 

On basis of home type, the North America market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.

• Independent Homes

• Apartments and Condominiums

 

Geographically, the following national markets are fully investigated:

• U.S.

• Canada

 

For each of the aforementioned countries, detailed analysis and data for annual revenue are available for 2014-2025. The breakdown of all key national markets by System Type, Product Offering, and Home Type over the forecast years are also included. The report also covers current competitive scenario and the predicted manufacture trend; and profiles key robotics vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in North America home security systems market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

 

Key Players:

ABB Ltd.

ADT

Allegion

Assa Abloy

Comcast

Control4

Front Point

Godrej & Boyce

Hangzhou Hikvision Digital Technology

Honeywell International Inc.

Johnson Controls Inc

Legrand

Nortek Security & Control

Robert Bosch GmbH

Schneider Electric SE

Secom

Stanley Convergent Security Solutions

United Technologies

Vivint

Table of Contents:

1 Introduction 4
1.1 Industry Definition and Research Scope 4
1.1.1 Industry Definition 4
1.1.2 Research Scope 5
1.2 Research Methodology 7
1.2.1 Overview of Market Research Methodology 7
1.2.2 Market Assumption 8
1.2.3 Secondary Data 8
1.2.4 Primary Data 8
1.2.5 Data Filtration and Model Design 9
1.2.6 Market Size/Share Estimation 10
1.2.7 Research Limitations 11
1.3 Executive Summary 12
2 Market Overview and Qualitative Analysis 14
2.1 Market Size and Forecast 14
2.2 Major Growth Drivers 15
2.3 Market Restraints and Challenges 18
2.4 Emerging Opportunities and Market Trends 21
2.5 Porter’s Fiver Forces Analysis 24
3 Segmentation of North America Market by Component 28
3.1 Market Overview by Component 28
3.2 North America Home Security Systems Hardware Market 2014-2025 31
3.3 North America Home Security Systems Software Market 2014-2025 33
3.4 North America Home Security Systems Service Market 2014-2025 35
4 Segmentation of North America Market by System Type 36
4.1 Market Overview by System Type 36
4.2 North America Market of Professionally Installed & Monitored Home Security Systems 2014-2025 39
4.3 North America Market of Self-Installed & Professionally Monitored Home Security Systems 2014-2025 41
4.4 North America Market of Do-It-Yourself (DIY) Home Security Systems 2014-2025 42
5 Segmentation of North America Market by Product Offering 44
5.1 Market Overview by Product Offering 44
5.2 North America Market of Home Fire Detection Systems 2014-2025 47
5.3 North America Market of Home Video Surveillance Systems 2014-2025 48
5.4 North America Market of Home Access Control Systems 2014-2025 49
5.5 North America Market of Home Intruder Alarms 2014-2025 50
5.6 North America Market of Other Home Security Systems 2014-2025 51
6 Segmentation of North America Market by Home Type 52
6.1 Market Overview by Home Type 52
6.2 North America Home Security Systems Market for Independent Homes 2014-2025 55
6.3 North America Home Security Systems Market for Apartments and Condominiums 2014-2025 57
7 North America Market 2014-2025 by Country 58
7.1 Overview of North America Market 58
7.2 U.S. Market 61
7.3 Canadian Market 64
8 Competitive Landscape 66
8.1 Overview of Key Vendors 66
8.2 Company Profiles 69
9 Investing in North America Market: Risk Assessment and Management 103
9.1 Risk Evaluation of North America Market 103
9.2 Critical Success Factors (CSFs) 106
RELATED REPORTS AND PRODUCTS 109

 

List of Tables:

Table 1. Snapshot of North America Home Security Systems Market, 2018-2025 13
Table 2. Main Product Trends and Market Opportunities in North America Home Security Systems Market 21
Table 3. North America Home Security Systems Market by Component, 2014-2025, $ bn 29
Table 4. North America Home Security Systems Market by System Type, 2014-2025, $ bn 37
Table 5. North America Home Security Systems Market by Product Offering, 2014-2025, $ bn 45
Table 6. North America Home Security Systems Market by Home Type, 2014-2025, $ bn 53
Table 7. North America Home Security Systems Market by Country, 2014-2025, $ bn 60
Table 8. U.S. Home Security Systems Market by System Type, 2014-2025, $ bn 62
Table 9. U.S. Home Security Systems Market by Product Offering, 2014-2025, $ bn 62
Table 10. U.S. Home Security Systems Market by Home Type, 2014-2025, $ bn 62
Table 11. Canada Home Security Systems Market by System Type, 2014-2025, $ bn 65
Table 12. Canada Home Security Systems Market by Product Offering, 2014-2025, $ bn 65
Table 13. Canada Home Security Systems Market by Home Type, 2014-2025, $ bn 65
Table 14. ABB Revenue by Business Division, 2015-2017, $ million 70
Table 15. ABB Revenue by Region, 2015-2017, $ million 72
Table 16. Honeywell International Inc: Revenue, Net Income and Assets, 2007-2017, $ million 86
Table 17. Honeywell International Inc.: Sales by Business Division, 2014-2017, $ million 88
Table 18. Risk Evaluation for Investing in North America Market, 2018-2025 104
Table 19. Critical Success Factors and Key Takeaways 107

 

List of Figures:

Figure 1. Research Method Flow Chart 7
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 10
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2018-2025 12
Figure 4. North America Home Security Systems Market by Revenue, 2014-2025, $ bn 14
Figure 5. Primary Drivers and Impact Factors of North America Home Security Systems Market 15
Figure 6. Primary Restraints and Impact Factors of North America Home Security Systems Market 18
Figure 7. Porter’s Fiver Forces Analysis of North America Home Security Systems Market 24
Figure 8. Breakdown of North America Home Security Systems Market by Component, 2018-2025, % of Revenue 29
Figure 9. Contribution to North America 2019-2025 Cumulative Revenue by Component, Value ($ bn) and Share (%) 30
Figure 10. North America Home Security Systems Hardware Market, 2014-2025, $ bn 32
Figure 11. North America Home Security Systems Software Market, 2014-2025, $ bn 34
Figure 12. North America Home Security Systems Service Market, 2014-2025, $ bn 35
Figure 13. Breakdown of North America Home Security Systems Market by System Type, 2018-2025, % of Revenue 37
Figure 14. Contribution to North America 2019-2025 Cumulative Revenue by System Type, Value ($ bn) and Share (%) 38
Figure 15. North America Market of Professionally Installed & Monitored Home Security Systems, 2014-2025, $ bn 40
Figure 16. North America Market of Self-Installed & Professionally Monitored Home Security Systems, 2014-2025, $ bn 41
Figure 17. North America Market of Do-It-Yourself (DIY) Home Security Systems, 2014-2025, $ bn 43
Figure 18. Breakdown of North America Home Security Systems Market by Product Offering, 2018-2025, % of Revenue 45
Figure 19. Contribution to North America 2019-2025 Cumulative Revenue by Product Offering, Value ($ bn) and Share (%) 46
Figure 20. North America Market of Home Fire Detection Systems, 2014-2025, $ bn 47
Figure 21. North America Market of Home Video Surveillance Systems, 2014-2025, $ bn 48
Figure 22. North America Market of Home Access Control Systems, 2014-2025, $ bn 49
Figure 23. North America Market of Home Intruder Alarms, 2014-2025, $ bn 50
Figure 24. North America Market of Other Home Security Systems, 2014-2025, $ bn 51
Figure 25. Breakdown of North America Home Security Systems Market by Home Type, 2018-2025, % of Revenue 53
Figure 26. Contribution to North America 2019-2025 Cumulative Revenue by Home Type, Value ($ bn) and Share (%) 54
Figure 27. North America Home Security Systems Market for Independent Homes, 2014-2025, $ bn 56
Figure 28. North America Home Security Systems Market for Apartments and Condominiums, 2014-2025, $ bn 57
Figure 29. Breakdown of North America Home Security Systems Market by Country, 2018 and 2025, % of Revenue 59
Figure 30. Contribution to North America 2019-2025 Cumulative Revenue by Country, Value ($ bn) and Share (%) 60
Figure 31. U.S. Home Security Systems Market by Revenue, 2014-2025, $ bn 61
Figure 32. Canada Home Security Systems Market by Revenue, 2014-2025, $ bn 64
Figure 33. Growth Stage of North America Home Security Systems Industry over the Forecast Period 66
Figure 34. Company Overview of ABB as of 2017 69
Figure 35. Company Overview and Key Figures of Schneider Electric as of 2016 94
Figure 36. Schneider Electric: Sales Revenue by Business Segment, % of 2016 Revenue 95
Figure 37. Schneider Electric: Sales Revenue by Region, % of 2016 Revenue 95
ABB Ltd. 
ADT 
Allegion 
Assa Abloy 
Comcast 
Control4 
Front Point 
Godrej & Boyce 
Hangzhou Hikvision Digital Technology 
Honeywell International Inc. 
Johnson Controls Inc 
Legrand 
Nortek Security & Control 
Robert Bosch GmbH 
Schneider Electric SE 
Secom 
Stanley Convergent Security Solutions 
United Technologies 
Vivint