Smart Security Market Analysis North America,Europe,APAC,South America,Middle East and Africa - US,Canada,China,Germany,UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 180 SKU: IRTNTR45336

Smart Security Market Forecast 2023-2027

The smart security market size is forecast to increase by USD 33.67 billion at a CAGR of 16.57% between 2022 and 2027. The market's expansion hinges on multiple factors, notably the proliferation of smart cities globally. This trend is bolstered by advancements such as sophisticated video surveillance systems and access control technologies. These innovations empower real-time threat detection and response capabilities, enhancing overall protection measures. The increasing adoption of these solutions underscores their effectiveness in addressing evolving protection challenges. Moreover, technological developments continue to refine these systems, ensuring they remain at the forefront of protection protocols. This collective progress not only drives market growth but also fosters a safer and more secure environment for communities and businesses alike, aligning with the ever-growing demand for comprehensive protection solutions in today's dynamic landscape.

What will be the Size of the Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Segmentation

This market report extensively covers market segmentation by product (surveillance systems, intruder alarms, and access control systems), end-user (commercial, residential, utility infrastructure, government spending and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

In the rapidly evolving world of security, the Market is making significant strides in enhancing safety and security for various sectors. This market encompasses advanced technologies such as Biometric access, Wireless alarms, Smart surveillance, Artificial Intelligence (AI), and Machine Learning, all integral components of the Internet of Things (IoT). The Industrial segment, including Commercial buildings, finance facilities, Data centers, Enterprises, Hospitality centers, Warehouses, and TerraMaster, is embracing this transformation. The Smart City concept, a key component of Urbanization Plans, is integrating AI-powered security systems to ensure public safety. Companies like Bunnings and Google Assistants are also leveraging these technologies for Smart Homes and automation. CO listeners and Thermostats are additional devices contributing to the automation and efficiency of these systems. Cloud-based protection solutions are further enhancing the capabilities of these systems, making them more accessible and cost-effective. The future of protection is undeniably smart. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing number of smart cities worldwide is notably driving the market growth.  With the rise of newtype urbanization, the need for advanced security solutions is becoming increasingly important to ensure public safety and prevent crime. Smart protection systems include biometric access, wireless alarms, and AI-powered surveillance, which can be integrated with IoT devices and cloud-based technologies.

Moreover, these solutions are not limited to smart cities but are also being adopted in commercial buildings, retail, finance facilities, data centers, enterprises, hospitality centers, warehouses, and even smart homes. Technological components such as artificial intelligence and machine learning enable real-time monitoring and detection of strange behavior or unwanted attempts. Physical components like smart home alarms, Z-Wave compatible devices, and IP cameras are essential components of these systems. Hence, such factors are driving the market during the forecast period.

Significant Market Trends

The increasing usage of IoT technology is a new trend shaping the market. In today's era of increasing global crime rate, there is a heightened demand for advanced security solutions. IoT-enabled devices, such as biometric access systems, wireless alarms, and IP cameras, are being used to create comprehensive protection systems for smart homes, commercial buildings, retail spaces, finance facilities, data centers, enterprises, hospitality centers, and warehouses.

Moreover, these systems can be integrated with other IoT devices, such as motion sensors and access control systems, for real-time monitoring and response to strange behavior or unwanted attempts. Smart city initiatives, such as Newtype Urbanization and Smart Cities, are also driving the adoption of AI-powered protection systems, including TerraMaster and Surveillance Manager, in the industrial segment. Hence, such factors are driving the market during the forecast period.

Major Market Challenge

One of the major challenges impeding the global market is the lack of awareness about advanced technologies such as wireless smart video surveillance and IP video surveillance. Awareness of the existence of such technologies can help individuals and organizations understand the security risks and threats they may be exposed to and help them implement effective protection measures in a cost-effective manner.  Smart surveillance systems, including IP cameras and wireless alarms, are being integrated into various industries, such as commercial buildings, retail, finance facilities, data centers, enterprises, hospitality centers, and warehouses.

Moreover, these solutions utilize artificial intelligence and machine learning technologies for real-time monitoring and analysis of potential threats, such as strange behavior or unwanted attempts. Biometric access and AI-powered protection systems are becoming increasingly popular for their enhanced protection features.. Thus, a lack of awareness among end users about smart security solutions will restrain the growth of the focus market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ACPL Systems Pvt. Ltd.- The company offers technology and services in the area of cyber security. They offer advanced security solutions for residential applications.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • ADT INC.
  • Alarm.com Holdings Inc.
  • Alphabet Inc.
  • Anchor Technologies Inc.
  • Comcast Corp.
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Honeywell International Inc.
  • Ingersoll Rand Inc.
  • Integrity Communications Ltd.
  • International Business Machines Corp.
  • Johnson Controls International Plc
  • Legrand SA
  • Netgear Inc.
  • NTT Corp.
  • Ring LLC
  • Samsung Electronics Co. Ltd.
  • Tata Communications Ltd.
  • Tech Mahindra Ltd.
  • Smartfrog and Canary Holdings Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth by the surveillance systems segment will be significant during the forecast period. This market encompasses various components, including physical components such as biometric access, wireless alarms, and systems, and technological components like IP cameras, video analytics, storage devices, and cloud-based security.

Get a glance at the market contribution of various segments View the PDF Sample

The surveillance systems segment was valued at USD 8.58 billion in 2017 and continued to grow until 2021. New technologies like artificial intelligence, machine learning, and the Internet of Things are driving the growth of smart surveillance systems in smart cities and urbanization initiatives. Key players in this market include TerraMaster, Surveillance Manager, and Pradhan Mantri. It consists of AI-powered security, smart home alarms, thermostats, CO listeners, and Z-Wave compatible devices. Real-time monitoring of physical spaces for strange behavior and unwanted attempts is a critical function of these systems. Thus, all these factors are significantly contributing to the growth of this segment during the forecast period.

Which are the Key Regions for the Market?

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market in North America encompasses advanced systems that integrate IoT, AI, and ML for enhanced residential, commercial, and industrial security. Key components include smart cameras, monitoring systems, sensors, and detectors, all powered by wireless technology and home networks. Users of independent homes and condominiums benefit from increased security and convenience through products like smart locks, video doorbells, and alarm systems. Factors fueling market growth include rising home security demands, IoT and AI adoption, and industry-specific security needs in sectors such as healthcare, banking, and retail. Additional incentives include home ecosystem integration, insurance discounts, and privacy data considerations. Advanced features include customization, behavioral analytics, threat detection, and law enforcement applications. Crime rates and home burglaries drive the need for real-time alerts and remote monitoring. Convenience, semiconductors, and sensor fusion further enhance the market's offerings, with security devices incorporating facial recognition, fingerprints, voice recognition, and more. Hence, such factors are driving the market in North America during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Deployment Outlook 
    • Surveillance systems
    • Intruder alarms
    • Access control systems
  • Application Outlook 
    • Commercial
    • Residential
    • Utility infrastructure
    • Government spending and others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina
      • Chile

Market Analyst Overview

In the market, one essential aspect that continues to gain traction is Smart Security. Comprised of Cities, Homes, Appliances, and Systems, Smart Security encompasses various components such as Cameras, Sensors, and Alarms. These technologies enable homeowners to monitor and secure their properties remotely, providing peace of mind and enhancing safety. The market for Smart Security is growing rapidly, driven by factors like increasing crime rates, technological advancements, and consumer demand for convenience and security. Companies like Google, Amazon, and Apple are investing heavily in this sector, offering solutions like Nest, Ring, and HomeKit.

Moreover, the integration of Artificial Intelligence and Machine Learning algorithms in Smart Security systems is revolutionizing the way we secure our homes. These technologies enable advanced features like facial recognition, object detection, and predictive analysis, making our homes safer and more secure than ever before. The future of Smart Security looks promising, with innovations like Biometric authentication, Automatic alerts, and Remote control gaining popularity. As technology continues to evolve, we can expect Smart Security to become an integral part of our daily lives, providing the US with the comfort and security we desire.

Market Scope

Report Coverage

Details

Page number

180

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 16.57%

Market growth 2023-2027

USD 33.67 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

15.02

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ACPL Systems Pvt. Ltd., ADT INC., Alarm.com Holdings Inc., Alphabet Inc., Anchor Technologies Inc., Comcast Corp., Hangzhou Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Integrity Communications Ltd., International Business Machines Corp., Johnson Controls International Plc, Legrand SA, Netgear Inc., NTT Corp., Ring LLC, Samsung Electronics Co. Ltd., Tata Communications Ltd., Tech Mahindra Ltd., and Smartfrog and Canary Holdings Inc.

Market dynamics

Parent market analysis, Market forecasting,  Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough market research and growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global smart security market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global smart security market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Surveillance systems - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Surveillance systems - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Surveillance systems - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Surveillance systems - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Surveillance systems - Year-over-year growth 2022-2027 (%)
    • 6.4 Intruder alarms - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Intruder alarms - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Intruder alarms - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Intruder alarms - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Intruder alarms - Year-over-year growth 2022-2027 (%)
    • 6.5 Access control systems - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Access control systems - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Access control systems - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Access control systems - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Access control systems - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)
      • Exhibit 47: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 7.4 Residential - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.5 Utility infrastructure - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Utility infrastructure - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Utility infrastructure - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Utility infrastructure - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Utility infrastructure - Year-over-year growth 2022-2027 (%)
    • 7.6 Government spending and others - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Government spending and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Government spending and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Government spending and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Government spending and others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 68: Market opportunity by End-user ($ million)
      • Exhibit 69: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ACPL Systems Pvt. Ltd.
              • Exhibit 123: ACPL Systems Pvt. Ltd. - Overview
              • Exhibit 124: ACPL Systems Pvt. Ltd. - Product / Service
              • Exhibit 125: ACPL Systems Pvt. Ltd. - Key offerings
            • 12.4 ADT INC.
              • Exhibit 126: ADT INC. - Overview
              • Exhibit 127: ADT INC. - Business segments
              • Exhibit 128: ADT INC. - Key news
              • Exhibit 129: ADT INC. - Key offerings
              • Exhibit 130: ADT INC. - Segment focus
            • 12.5 Alarm.com Holdings Inc.
              • Exhibit 131: Alarm.com Holdings Inc. - Overview
              • Exhibit 132: Alarm.com Holdings Inc. - Business segments
              • Exhibit 133: Alarm.com Holdings Inc. - Key offerings
              • Exhibit 134: Alarm.com Holdings Inc. - Segment focus
            • 12.6 Alphabet Inc.
              • Exhibit 135: Alphabet Inc. - Overview
              • Exhibit 136: Alphabet Inc. - Business segments
              • Exhibit 137: Alphabet Inc. - Key news
              • Exhibit 138: Alphabet Inc. - Key offerings
              • Exhibit 139: Alphabet Inc. - Segment focus
            • 12.7 Comcast Corp.
              • Exhibit 140: Comcast Corp. - Overview
              • Exhibit 141: Comcast Corp. - Business segments
              • Exhibit 142: Comcast Corp. - Key news
              • Exhibit 143: Comcast Corp. - Key offerings
              • Exhibit 144: Comcast Corp. - Segment focus
            • 12.8 Hangzhou Hikvision Digital Technology Co. Ltd.
              • Exhibit 145: Hangzhou Hikvision Digital Technology Co. Ltd. - Overview
              • Exhibit 146: Hangzhou Hikvision Digital Technology Co. Ltd. - Product / Service
              • Exhibit 147: Hangzhou Hikvision Digital Technology Co. Ltd. - Key offerings
            • 12.9 Honeywell International Inc.
              • Exhibit 148: Honeywell International Inc. - Overview
              • Exhibit 149: Honeywell International Inc. - Business segments
              • Exhibit 150: Honeywell International Inc. - Key news
              • Exhibit 151: Honeywell International Inc. - Key offerings
              • Exhibit 152: Honeywell International Inc. - Segment focus
            • 12.10 Integrity Communications Ltd.
              • Exhibit 153: Integrity Communications Ltd. - Overview
              • Exhibit 154: Integrity Communications Ltd. - Product / Service
              • Exhibit 155: Integrity Communications Ltd. - Key offerings
            • 12.11 International Business Machines Corp.
              • Exhibit 156: International Business Machines Corp. - Overview
              • Exhibit 157: International Business Machines Corp. - Business segments
              • Exhibit 158: International Business Machines Corp. - Key news
              • Exhibit 159: International Business Machines Corp. - Key offerings
              • Exhibit 160: International Business Machines Corp. - Segment focus
            • 12.12 Netgear Inc.
              • Exhibit 161: Netgear Inc. - Overview
              • Exhibit 162: Netgear Inc. - Business segments
              • Exhibit 163: Netgear Inc. - Key offerings
              • Exhibit 164: Netgear Inc. - Segment focus
            • 12.13 NTT Corp.
              • Exhibit 165: NTT Corp. - Overview
              • Exhibit 166: NTT Corp. - Business segments
              • Exhibit 167: NTT Corp. - Key offerings
              • Exhibit 168: NTT Corp. - Segment focus
            • 12.14 Ring LLC
              • Exhibit 169: Ring LLC - Overview
              • Exhibit 170: Ring LLC - Product / Service
              • Exhibit 171: Ring LLC - Key offerings
            • 12.15 Smartfrog and Canary Holdings Inc.
              • Exhibit 172: Smartfrog and Canary Holdings Inc. - Overview
              • Exhibit 173: Smartfrog and Canary Holdings Inc. - Product / Service
              • Exhibit 174: Smartfrog and Canary Holdings Inc. - Key offerings
            • 12.16 Tata Communications Ltd.
              • Exhibit 175: Tata Communications Ltd. - Overview
              • Exhibit 176: Tata Communications Ltd. - Business segments
              • Exhibit 177: Tata Communications Ltd. - Key offerings
              • Exhibit 178: Tata Communications Ltd. - Segment focus
            • 12.17 Tech Mahindra Ltd.
              • Exhibit 179: Tech Mahindra Ltd. - Overview
              • Exhibit 180: Tech Mahindra Ltd. - Business segments
              • Exhibit 181: Tech Mahindra Ltd. - Key offerings
              • Exhibit 182: Tech Mahindra Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 183: Inclusions checklist
                • Exhibit 184: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 185: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 186: Research methodology
                • Exhibit 187: Validation techniques employed for market sizing
                • Exhibit 188: Information sources
              • 13.5 List of abbreviations
                • Exhibit 189: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              smart security market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis