Home Wi-Fi Security Device Market Analysis

Report ID: 152
Published Date: Dec 23, 2024
Report Format: PDF, PPT

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Home Wi-Fi Security Device Segmentation

The global home Wi-Fi security device market is segmented and analyzed for demand and supply by product into smart locks and sensors, smart alarms, smart security cameras and monitoring system, and smart detectors, out of which, smart security cameras and monitoring system segment is expected to hold the highest growth over the forecast period owing to the globally increasing crime scenarios, and their enhanced security feature through facial recognition, voice recognition, and fingerprints. For instance, in the United States, the rate of violent crime has increased to approximately 48.20 per 100,000 residents by 2022.

Our in-depth analysis of the global home Wi-Fi security device market includes the following segments

By Product	Smart Locks and Sensors Smart Alarms Smart Security Cameras and Monitoring System Smart Detectors
By Component	Hardware Software Services
By Application	Independent Homes Apartments Condominiums

Browse key industry insights with market data tables & charts from the report:

Home Wi-Fi Security Device Market Size & Share, Growth Analysis 2037

Frequently Asked Questions (FAQ)

Home Wi-Fi Security Device Market size is likely to expand at more than 22.7% CAGR during the forecast period i.e., between 2025-2037.

Surge in Wi-Fi penetration, growing use of smartphones, rising trend of IoT devices, and growing prevalence of urbanization will propel the market growth.

North America industry is expected to account for largest revenue share by 2037, backed by expansion of smart cities, rapid adoption of home Wi-Fi security devices in this region, and increasing investment in the research and development in the region.

The major players in the market are ADT, Honeywell International Inc, ASSA ABLOY, Vivint, Inc., SimpliSafe, Inc., Axis Communications AB, NETGEAR Inc., Hangzhou Hikvision Digital Technology Co. Ltd, Cove Smart, LLC, and others.