DIY (Do-it-Yourself) Home Security Solutions Market Set to Witness an Uptick by 2025

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Home security products and solution are the physical security solution which is intended to provide security to residences. Home security products and solutions warn and prevent fire accidents, and unauthorized entry into house. DIY (Do It Yourself) home security products and solutions facilitate the consumers to install the products and allows them to monitor the premises on their own.

Security products and solutions provide the additional layer of security to the buildings and eliminate unauthorized access. Security products and solutions such as fire protection systems, video surveillance systems, and access control systems are integrated with each other to monitor the entire area.

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 DIY (Do-it-Yourself) Home Security Solutions Market: Drivers and Restraints

Increasing the demand for the advance home security solution is the major factor spurring the growth of the DIY (Do-it-Yourself) Home Security Solutions market during the forecast period. Owing to increasing the home theft cases across the globe is another factor spurring the growth of smart security solution. Also, increasing internet penetration globally is the other factor driving the demand for the DIY (Do-it-Yourself) Home Security Solutions to facilitate the better security for the resident.

Increasing smart security services integrated with smartphones is the crucial factor driving the demand for the better security product, which is positively impacting the growth of the DIY (Do-it-Yourself) Home Security Solutions market. However, high investment and complexities involved with implementation is the major factor restraining the growth of the market during the forecast period.

Global DIY (Do-it-Yourself) Home Security Solutions Market: Market Segmentation

Global DIY (Do-it-Yourself) Home Security Solutions Market can be divided into five segments, on the basis of Products, Compatibility/Integration, Price Range, Sales Channel, and Region.

Segmentation on the basis of the Product of DIY (Do-it-Yourself) Home Security Solutions Market as:-

The major segments of DIY (Do-it-Yourself) Home Security Solutions market on the basis of the Product include:-

  • Home Security Monitoring/Alarm Systems
  • Home Security Cameras
  • Others

Segmentation on the basis of the Compatibility/Integration for DIY (Do-it-Yourself) Home Security Solutions Market as:-

The major segments of DIY (Do-it-Yourself) Home Security Solutions market on the basis of the Compatibility/Integration include:-

  • Alexa
  • ZigBee
  • Z-Wave
  • Nest
  • Hue
  • Google Assistant

Segmentation on the basis of the Price Range of DIY (Do-it-Yourself) Home Security Solutions Market as:-

The major segments of DIY (Do-it-Yourself) Home Security Solutions market on the basis of the Price Range include:-

  • Less than $100
  • $100-$200
  • $200-$500
  • More than $500

Segmentation on the basis of the Sales Channel of DIY (Do-it-Yourself) Home Security Solutions Market as:-

The major segments of DIY (Do-it-Yourself) Home Security Solutions market on the basis of the Sales Channel include:-

  • E-Commerce / Online
  • Organized Retail Chains
  • Others

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Global DIY (Do-it-Yourself) Home Security Solutions Market: Competitive Landscape

The major player operating in DIY (Do-it-Yourself) Home Security Solutions market includes Nest Labs, NETGEAR (Arlo), Ring, Icontrol Networks Canada, Inc. (Piper), SmartThings Inc. (SAMSUNG), iSmart Alarm, Inc., Insteon, Fortress Security Store, Canary Connect, Inc., Incase (UOKOO), SimpliSafe, Inc.., Blink, Frontpoint Security Solutions, Link Interactive, Scout Security Inc., Lowe’s (IRIS), Honeywell International Inc., and Abode Systems, Inc.

  • The major player SmartThings Inc., is increasing its penetration into the smart home solution market by entering into partnerships with home security provider ADT. The company is focusing on innovating and updating its smart home solutions to offer better lighting solutions to customer to enhance its market share.

Global DIY (Do-it-Yourself) Home Security Solutions Market: Regional Trend

Owing to increasing internet penetration for smart home security devices and solution in emerging economies such as India, China is the major reason, positively impacting the growth of the DIY (Do-it-Yourself) Home Security Solutions market. Also, increasing inclination towards the adoption of smart security products in especially in the residential area to protect family is another driving factor spurring the adoption of the DIY (Do-it-Yourself) Home Security Solutions in forthcoming years.

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