Sarasota, FL, Nov. 10, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Connected Home Security Device Market by Type (Detection Devices, Sensors, Security Camera, Door Locks, Access Control and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021”. According to the report, global demand for connected home security device market was valued at around USD 2.50 billion in 2015 and is expected to reach approximately USD 7.90 billion in 2021, growing at a CAGR of slightly above 18.3% between 2016 and 2021.
Connected home has the capability to rig up a system of networked devices to communicate with each other and accept remote commands which make human life easier. The combination of technological advances, large ICT players entering the market and the widespread availability of smartphones enable connected home services to penetrate further in the market simultaneously the security devices for connected home.
Get a free copy of Sample Report @ https://www.zionmarketresearch.com/sample/connected-home-security-device-market
Rapidly increased smartphone penetration, trends towards the adoption of the internet of thing (IoT) , the significant reduction in hardware cost are the major driving factors expected to provide significant growth for connected home security device market in coming years. Well designed and smartphone friendly apps for operating security device system is also expected to favor the market growth. In addition, the increase in the demand for home cloud technology paired with the emergence of new players with product differentiation and innovative technology is expected to record strong growth for connected home security device market in the forecast period. However, lack of awareness in most of the African countries may restrict the growth of the market. Nonetheless, technological advancement is expected to attract huge untapped area and likely to open new doors for the connected home security device market.
Security camera and door locks type segment together dominated type segment of the connected home security device market in 2015 owing to reduced hardware cost coupled with smartphone-friendly mobile apps. Availability of sensor with innovative technology such as motion sensor, accelerometer sensors is expected to fuel the growth of sensor segment in the forecast period. Detection device and access control type segment also expected to experience significant growth in years to come.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/connected-home-security-device-market
North America was the largest market for connected home security device market in 2015. This growth is mainly attributed to the high technology adoption rate paired with better consumer awareness. Europe is expected to be one of the fastest growing regions in coming year. Rising disposal income in countries like China, Japan, and South Korea is projected to witness considerable growth over the forecast period in Asia Pacific region.
Browse the full "Connected Home Security Device Market by Type (Detection Devices, Sensors, Security Camera, Door Locks, Access Control and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/connected-home-security-device-market
The key players operative in the global connected home security device market includes Hager Group Daitem Atral E-Nova, ,Tyco , Essence, UTC / Interlogix , GE, Honeywell Google Nest , Apple , Samsung, Paradox , Philips Hue and RISCO Group amongst others.
Request a customize report @ https://www.zionmarketresearch.com/custom/185
The report segment of global connected home security device market is as follows:
Global Connected Home Security Device Market: Type Segment Analysis
- Detection devices
- Sensors
- Security camera
- Door locks
- Access control
- Others
Global Connected Home Security Device Market: Regional Segment Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
Related Reports:
Wind Turbine Maintenance Market: https://www.zionmarketresearch.com/report/wind-turbine-maintenance-market
Data Center Power Market: https://www.zionmarketresearch.com/report/data-center-power-market
BYOD Security Market: https://www.zionmarketresearch.com/report/byod-security-market
Optical Data Storage Device Market: https://www.zionmarketresearch.com/report/optical-data-storage-device-market
IoT Security Market: https://www.zionmarketresearch.com/report/iot-security-market
Enterprise Firewall Market: https://www.zionmarketresearch.com/report/enterprise-firewall-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research