The Key Players in Global Connected Home Security System Market 2016-2020

Monday 14 March 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Connected Home Security System Market: ADT, AT&T, Comcast, Honeywell Total Connect and Verizon.

Other Prominent Vendors in the market are: Alarm.com, August, Butterfleye, Canary, Cocoon, Control4, Frontpoint, G4S, Goji, Korner, Kuna, Kwikset, LifeShield, MivaTek, Nest (Dropcam), Panasonic, Petzi, Piper, Protect America, Samsung, Secom, Securitas ,SimpliSafe ,Vivint ,Withings, and Xfinity.

Commenting on the report, an analyst said: “Home cloud solutions provide ubiquitous and collaborative benefits, despite its major data management concerns. With the increasing adoption of smart home systems worldwide, the home cloud technology market has been witnessing an upsurge in its market value. This increase in the demand for home cloud technology will, in turn, impel the market potential for the connected home security system market during the estimated period.”

According to the report, the growing demand for home security systems and the recent increase in smartphone penetration will aid in the growth of this market during the predicted period.

Further, the report states that with the advent of IoT, the number of connected devices worldwide has increased significantly over the past few years. All Wi-Fi-enabled devices operate on cloud technology where privacy is one of the major concerns when adopting smart home technology.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.