Global Connected Home Security Market: Commscope acquires ARRIS

Posted by Deeksha on September 30th, 2019

Home security has technologically evolved and technical components such as burglar alarm and smoke detectors have replaced the traditional lock and key system. Flourishing IoT and AI landscape has acquainted modern life with connected homes, thereby propelling the global connected homes security market.

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Tremendous growth of cybercrime and hacking activities with advancement in technology has routed us to the need of multiple screen security display with easy and remote access. Customized connected homes systems with DIY and DIFM kits have spurred the growth of connected home security market. The estimated value of global connected home security in 2014 was   ?US$ 300Mn and is expected to value more than US0?Mn by end of 2019.

These insights are according to the intelligence report, titled, “Global Market Study on Connected Home Security – Big Data to Drive Big Sales,” which has been freshly added to Market Research Hub’s (MRH) over-arching repository.

Anti-malware and intrusion protection of importance

Important areas susceptible to security threat and application of smart security devices include network security, device detection and management, fraud and phishing protection, intrusion and anti-malware anti-malware and intrusion protection are expected to stay dominant protection, amongst which in the forecast period.

Services and software are the two segments of connected home security market where the former can be further segmented into support & maintenance, consulting & training and integration and deployment. Further segmentation in terms of devices in connected homes security market gives smart thermostats, smart locks, smart speakers, internet security cameras and smart TVs, of which internet security cameras dominate the global connected home security market with their vital role to detect and inform any security threat. These smart devices aim to provide security with remote access for connected homes.

D-Link AC2600 Wi-Fi router is new solution

Leading players associated with connected homes security are undergoing mergers and collaborations to gain maximum penetration in the market. McAfee and D-Link collaborated to introduce D-Link AC2600 Wi-Fi router as a solution to enhance security of smart devices. Commscope’s acquisition of ARRIS International pls. is expected to give a new dimension to the wired and wireless communication.

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Major stakeholders profiled in global homes security market include Symantec Corporation, Cisco systems, Inc., Avast Software s.r.o, Trend Micro Incorporated and Honeywell International Inc. 

Global connected home security market: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the global connected home security market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the global connected home security market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on connected home security.

An insightful and deep-dive assessment of the competitive assessment of the global connected home security market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the global connected home security market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Global connected home security market: Research Methodology

Primary sources and secondary sources propel intelligence report on global connected home security market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. 

These insights are according to the intelligence report, titled, “Global Market Study on Connected Home Security – Big Data to Drive Big Sales,” which has been freshly added to Market Research Hub’s (MRH) over-arching repository.