This 157-page report, “Global DIY Home Security Systems Market 2021-2027 by Component, Product Offering, Sales Channel, and Region: Growth Opportunity and Business Strategy,” is highlighted by 78 tables and 67 figures and is based on extensive research into the global DIY home security systems market, which included a detailed analysis of the entire market and all of its sub-segments. Premium primary and secondary information sources are used to create in-depth research and assessment, with input coming from business specialists working across the value chain.
With a CAGR of 19.6% from 2020 to 2027 that has been revised based on the COVID-19 impact, the market for DIY home security systems is projected to reach $11.35 billion globally in 2027. This growth will be fueled by an increase in the use of different types of DIY security equipment by households around the world due to the coronavirus pandemic.
Forecasts from 2021 to 2027 are included in the paper, along with historical market data from 2017 to 2020. (Note: The report will be revised before to delivery such that the most recent historical year serves as the base year and the forecast spans the following 5–10 years over the base year.)
The following aspects are identified and examined in-depth qualitative analyses:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
An upbeat, fair-minded, and cautious outlook is used to forecast the global market’s trend and outlook. The global DIY home security systems market is quantified from the perspectives of Component, Product Offering, Sales Channel, and Region using the balanced (most likely) forecast.
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The global market is divided into the following sub-markets based on component, with annual revenue for each segment included for 2017–2027 (historical and projected).
• Hardware
• Software
• Service
On basis of product offering, the global market is analyzed on the following segments with annual revenue in 2017-2027 provided for each segment.
• Video Monitoring
• Alarming Systems
• DIY Security Cameras
• DIY Electronic Locks
• Other Systems
On basis of sales channel, the global market is analyzed on the following segments with annual revenue in 2017-2027 provided for each segment.
• Online Shops
• Retail Stores
Geographically, the following areas are thoroughly examined, together with the national markets listed:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
In Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• America, North (U.S., Canada, and Mexico)
Latin America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Egypt) (UAE, Saudi Arabia, Egypt)
A thorough study and annual revenue data are available for each of the aforementioned regions and nations for the years 2017 through 2027. All regional markets are broken down by country, and major national markets are divided by component, product offering, and sales channel over the anticipated years.
The paper also discusses the present manufacturing trend, the competitive environment, and significant emerging players in the robotics industry.
Through AMR’s Risk Assessment System, possible risks related to investments in the worldwide DIY home security systems market are evaluated statistically and qualitatively. Critical Success Factors (CSFs) are developed based on the risk analysis and evaluation as a guide to assist investors and stockholders in identifying emerging possibilities, managing and minimising risks, developing suitable business models, and making informed strategies and decisions.
Key Players:
Abode Systems, Inc.
ADT
FrontPoint Security Solutions LLC
GetSafe
iControl Networks, Inc.
iSmart Alarm, Inc.
LifeShield LLC
Nest Labs
Protect America, Inc.
Robert Bosch GmbH
SAMSUNG SmartThings
SimpliSafe, Inc.
Swann Communications Pty Ltd
