About Home And Building Security Apps
Home security has been a major concern nowadays for many homeowners. The cases as double locks on the doors or security windows do not provide adequate peace of mind. Home and building security app allow to monitor and control the security of individuals and commercial homes and buildings. This helps the owner to easily access and keep the watch at home anytime and from anywhere. Nowadays, home and building owner are getting aware of the effectiveness of automated security apps which is rising the demand for home and building security apps. Growing threat perception mounting around households and commercial properties from robberies and thefts will boost the market for Home and building security app in the forecasted period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Home And Building Security Apps market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADT (United States), Honeywell (United States), Johnson Controls (United States), Hangzhou Hikvision Digital Technology (China), ASSA ABLOY (Sweden), SECOM (Japan), Robert Bosch (Germany), United Technologies (United States), Alarm.com (United States), Allegion (Republic of Ireland), Control4 (United States), Schneider Electric (France), Legrand (France), ABB (Switzerland), Comcast (United States), Stanley Convergent Security Solutions (United States), Nortek Security & Control (United States), Frontpoint (United States) and Vivint (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Armorax (United States), Nest Secure (United States), Notion (United States), Canary (United States), Scout (United States), Simplisafe (United States) and Cacoon (United States).
Segmentation Overview
AMA Research has segmented the market of Global Home And Building Security Apps market by Type (Facility Management Systems, Security & Access Control Systems, Fire Protection Systems, Building Energy Management Software and BAS Services), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Home And Building Security Apps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Integration With Voice Assistant Services and Growing Adoption Of Cloud Based Apps Solutions
Market Growth Drivers:
Growing Concern And Threat Perception Over Criminal Activities, Growing Adoption of Smartphones And Rise in Need For Constant Protection and Emergence of IOT and Wireless Technology
Challenges:
Complexity Involved In Integration Of Home Building Security App
Restraints:
Stringent Government Rules and Regulations
Opportunities:
Growing Smart City Initiatives and Infrastructural Developments in Emerging Countries
Market Leaders and their expansionary development strategies
In OCTOBER 2021, Nice, a global manufacturer of Smart Home, Security, and Home & Building Automation solutions, has acquired Nortek Security & Control, LLC from Melrose Industries. Nortek Security & Control is a leading developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets.
In January 2019, ADT announced in that it will unveil smart security and home automation products at Consumer Electronic Show (CES). ATD Command, a wireless one with various smart home features include seamless set up which can be controlled through ADT apps which allows users to safeguard their homes.
Key Target Audience
Home Security Apps service Providers, Government Organizations, Research Organizations and Consulting Companies, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.