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North America Home Security System Market Size, Share: By Integration; By Type of Installation: Self-Contained Systems, Integrated Systems; By Panel Type; By Sensor Type; By Communication Module; By Equipment Type; By Residence Type; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
North America Home Security System Market Outlook
The North America home security system market recorded a market size of USD 8.99 billion in 2023. The home security system industry in North America is further expected to grow at a CAGR of 20% between 2024 and 2032 to reach a value of almost USD 46.28 billion by 2032.
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The home security system industry in North America is the leading market for home security system across the globe, driven by the rising property-related crimes. The availability of advanced devices for the extension of applications of modern home security systems is enhancing the industry growth. The home security systems include wireless alarms, remote systems, motion or body heat detectors, and customisable and smart alarm systems. The United States represents the leading market within the region, accounting for the majority of the market share.
Properties and Applications
Home security system is a combination of integrated software and hardware devices devised for detecting unauthorised access or potential intruders in a secured zone.
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On the basis of integration, the industry has been segmented as:
- Self-Contained Systems
- Integrated Systems
Presently, integrated systems represent the leading segment due to their large market share in the industry.
On the basis of installation type, the industry is bifurcated into:
- DIY Type
- Professional Installed
The professional installed security system represents the leading segment, followed by the DIY security systems.
On the basis of panel type, the industry is categorised into:
- Hard Wired Panels
- Wireless Panels
- Hybrid Panels
- Alarm Panels
The wireless panels are the most popular panel type in the industry.
On the basis of sensor type, the industry is bifurcated into:
- Wireless Sensors
- Wired Sensors
The wireless sensors are the leading product types in the home security system industry in the region.
On the basis of communication modules, the industry is divided into:
- Professional Monitored
- Self-Monitored
The professional monitored security systems account for the largest market share.
On the basis of equipment type, the industry is categorised into:
- Video Surveillance
- Intruder Alarms
- Electronic Locks
- Fire Sprinklers and Extinguishers
- Others
The video surveillance represents the leading segment. This is then followed by intruder alarms, electronic locks, and fire sprinklers and extinguishers, among others.
On the basis of residence type, the industry is classified into:
- Independent Homes
- Condominiums
- Apartments
Currently, independent homes represent the largest market segment.
The report also covers the regional markets of data centre server like the United States and Canada.
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Market Analysis
The North America home security system market is driven by the evolution of new and improved system technologies. The industry is further enhanced by the growing research and development within this industry, which has created a space for the internet of things, remote monitoring, as well as home automation. Further on, the resurgence of constructional activities, especially in the residential sector, acts as a significant factor enhancing the demand for home security systems. Improving network infrastructure, along with broadband and internet penetration, has further been proactive in invigorating the market growth.
Competitive Landscape
The report gives a detailed analysis of the following key players in the home security system market in North America, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ADT Inc. (NYSE: ADT)
- Vivint Smart Home Inc. (NYSE: VVNT)
- Frontpoint Security Solutions, LLC.
- Bosch Security Systems, LLC
- Protect America, Inc
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Integration |
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| Breakup by Type of Installation |
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| Breakup by Panel Type |
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| Breakup by Sensor Type |
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| Breakup by Communication Module |
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| Breakup by Equipment Type |
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| Breakup by Residence Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 North America
6.2 Regional
7 Opportunities and Challenges in the Market
8 North America Home Security System Market Analysis
8.1 Key Industry Highlights
8.2 North America Home Security System Historical Market (2018-2023)
8.3 North America Home Security System Market Forecast (2024-2032)
8.4 North America Home Security System Market by Integration
8.4.1 Self-Contained Systems
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Integrated Systems
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 North America Home Security System Market by Type of Installation
8.5.1 DIY Type
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Professional Installed
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 North America Home Security System Market by Panel Type
8.6.1 Hard Wired Panels
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Wireless Panels
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Hybrid Panels
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Alarm Panels
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.7 North America Home Security System Market by Sensor Type
8.7.1 Wireless Sensor
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Wired Sensor
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 North America Home Security System Market by Communication Module
8.8.1 Professional Monitored
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Self-Monitored
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 North America Home Security System Market by Equipment Type
8.9.1 Video Surveillance
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Intruder Alarms
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Electronic Locks
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Fire Sprinklers and Extinguishers
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Others
8.10 North America Home Security System Market by Residence Type
8.10.1 Independent Homes
8.10.1.1 Historical Trend (2018-2023)
8.10.1.2 Forecast Trend (2024-2032)
8.10.2 Condominiums
8.10.2.1 Historical Trend (2018-2023)
8.10.2.2 Forecast Trend (2024-2032)
8.10.3 Apartments
8.10.3.1 Historical Trend (2018-2023)
8.10.3.2 Forecast Trend (2024-2032)
8.10.5 Others
8.11 North America Home Security System Market by Country
8.11.1 United States
8.11.2 Canada
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 ADT Inc. (NYSE: ADT)
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Financial Summary
12.2.1.5 Certifications
12.2.2 Vivint Smart Home Inc. (NYSE: VVNT)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Financial Summary
12.2.2.5 Certifications
12.2.3 Frontpoint Security Solutions, LLC.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Financial Summary
12.2.3.5 Certifications
12.2.4 Bosch Security Systems, LLC
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Financial Summary
12.2.4.5 Certifications
12.2.5 Protect America, Inc
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Financial Summary
12.2.5.5 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Home Security System Market: Key Industry Highlights, 2018 and 2032
2. North America Home Security System Historical Market: Breakup by Integration (USD Billion), 2018-2023
3. North America Home Security System Market Forecast: Breakup by Integration (USD Billion), 2024-2032
4. North America Home Security System Historical Market: Breakup by Installation (USD Billion), 2018-2023
5. North America Home Security System Market Forecast: Breakup by Installation (USD Billion), 2024-2032
6. North America Home Security System Historical Market: Breakup by Panel Type (USD Billion), 2018-2023
7. North America Home Security System Market Forecast: Breakup by Panel Type (USD Billion), 2024-2032
8. North America Home Security System Historical Market: Breakup by Sensor Type (USD Billion), 2018-2023
9. North America Home Security System Market Forecast: Breakup by Sensor Type (USD Billion), 2024-2032
10. North America Home Security System Historical Market: Breakup by Communication Module (USD Billion), 2018-2023
11. Home Security System Market Forecast: Breakup by Communication Module (USD Billion), 2024-2032
12. North America Home Security System Historical Market: Breakup by Equipment Type (USD Billion), 2018-2023
13. Home Security System Market Forecast: Breakup by Equipment Type (USD Billion), 2024-2032
14. America Home Security System Historical Market: Breakup by Residence Type (USD Billion), 2018-2023
15. North America Home Security System Market Forecast: Breakup by Residence Type (USD Billion), 2024-2032
16. North America Home Security System Historical Market: Breakup by Country (USD Billion), 2018-2023
17. North America Home Security System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Home Security System Market Structure
Key Questions Answered in the Report
In 2023, the North America home security system market reached a value of USD 8.99 billion.
In the forecast period of 2024-2032, the market in North America is projected to grow at a CAGR of 20%.
By 2032, the market is estimated to reach a value of almost USD 46.28 billion by 2032.
The market is being driven by the growing incidences of property-related crimes, the availability of advanced devices for extended applications of home security systems, and increasing residential construction activities.
The key trends guiding the market include the development of advanced home security systems, technological advancements and innovations, and improving network infrastructure.
The major countries of home security system in North America include the United States and Canada.
Self-contained systems and integrated systems are the various integration systems considered in the market report.
The significant types of installation of home security system are DIY type and professional installed.
The several panel types considered in the market report include hard wired panels, wireless panels, hybrid panels, and alarm panels.
The major sensor types in the market are wireless sensor and wired sensor.
The different communication modules of home security system considered in the market report are professional monitored and self-monitored.
The various equipment types in the market include video surveillance, intruder alarms, electronic locks, and fire sprinklers and extinguishers, among others.
The significant resident types considered in the market report include independent homes, condominiums, and apartments, among others.
The major players in the market are ADT Inc., Vivint Smart Home Inc., Frontpoint Security Solutions, LLC, Bosch Security Systems, LLC, and Protect America, Inc, among others.
Analyst Review
The North America home security system market attained a value of USD 8.99 billion in 2023 driven by the growing residential construction and increasing property-related crimes. Aided by the rising technological advancements in the market, it is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 20%. The industry is projected to reach USD 46.28 billion by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its integration, the market can be segmented into self-contained systems and integrated systems, with integrated systems accounting for the largest market share in the regional market. Based on installation type, the professional installed segment is the leading segment. Based on panel type, the industry is divided into hard wired panels, wireless panels, hybrid panels, and alarm panels, with wireless panels accounting for the largest market share. The wireless sensors, meanwhile, account for the leading share of the sensor types in the industry. Professional monitored and self-monitored are the major communication modules in the regional market. On the basis of equipment type, the video surveillance sector is the largest sector in the regional market. By residence types, independent homes dominate the industry.The major regional markets for home security system are the United States and Canada, with United States accounting for the largest share of the market. The key players in the above industry include ADT Inc., Vivint Smart Home Inc., Frontpoint Security Solutions, LLC, Bosch Security Systems, LLC, and Protect America, Inc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.
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