Product Code: GVR-4-68040-552-5
Smart Home Security Market Size & Trends:
The global smart home security market size was estimated at USD 33.94 billion in 2024 and is projected to grow at a CAGR of 15.2% from 2025 to 2030. The market growth is primarily driven by the rising consumer demand for home automation, increasing concerns about safety and security, growing advancements in IoT and AI technologies, and the growing convenience of remote monitoring and control systems. Additionally, smart doorbells and smart cameras are gaining traction in the smart home security industry, offering features such as video streaming and two-way communication. With consumers seeking more efficient and accessible ways to protect their homes, the smart home security industry is expected to present lucrative growth opportunities for market growth in the coming years.
Consumers are increasingly adopting smart home security solutions that integrate seamlessly with voice assistants such as Amazon Alexa, Google Assistant, and Apple Siri. This trend reflects a growing desire for convenience and hands-free control, allowing users to check camera feeds and manage other connected home devices with simple voice commands. The ease of use and enhanced accessibility offered by voice assistant integration enable consumers to monitor and control their home security systems without the need to interact directly with a mobile app or physical device, making it a key trend in the smart home security industry.
Additionally, AI technologies are transforming smart home security by powering smarter surveillance systems that can automatically detect unusual activities and minimize false alarms. Through advanced algorithms, AI enables features such as facial recognition, object tracking, and anomaly detection, enhancing the accuracy and reliability of security systems. This trend is largely driven by the demand for greater efficiency and precision in monitoring, as well as a reduction in the need for constant human oversight.
Furthermore, many companies are offering subscription-based security monitoring services, delivering around-the-clock professional surveillance, immediate emergency responses, and cloud storage for recorded footage. This trend is driven by consumers' increasing desire for continuous, reliable monitoring without the hassle of managing it themselves. This trend is expediting market growth by meeting the evolving needs of consumers who prioritize convenience, reliability, and continuous protection.
Moreover, the growing concerns over the vulnerabilities of traditional security methods, such as passwords and PINs, are driving a shift toward the integration of biometric authentication, such as facial recognition and fingerprint scanning, in smart home security systems. This trend reflects the increasing demand for more secure and advanced ways to safeguard personal spaces. As consumers seek stronger, more efficient ways to protect their homes, the adoption of biometrics in the smart home security industry is expected to grow significantly in the coming years.
Global Smart Home Security Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global smart home security market report based on component, device type, connectivity, application, and region:
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Hardware
- Software
- Services
- Device Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Smart Alarms
- Smart Locks
- Smart Sensors and Detectors
- Smart Camera and Monitoring System
- Other Device Types
- Connectivity Outlook (Revenue, USD Billion, 2018 - 2030)
- Wireless
- Wired
- Hybrid
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Independent Homes
- Condominiums/Apartments
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Smart Home Security Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. Smart Home Security Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Smart Home Security Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Smart Home Security Market: Component Movement Analysis, USD Billion, 2024 & 2030
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Smart Home Security Market: Device Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Smart Home Security Market: Device Type Movement Analysis, USD Billion, 2024 & 2030
- 5.3. Smart Alarms
- 5.3.1. Smart Alarms Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Smart Locks
- 5.4.1. Smart Locks Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Smart Sensors & Detectors
- 5.5.1. Smart Sensors & Detectors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Smart Camera & Monitoring System
- 5.6.1. Smart Camera & Monitoring System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Other Device Types
- 5.7.1. Other Device Types Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Smart Home Security Market: Connectivity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Smart Home Security Market: Connectivity Movement Analysis, USD Billion, 2024 & 2030
- 6.3. Wireless
- 6.3.1. Wireless Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Wired
- 6.4.1. Wired Science Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Hybrid
- 6.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Smart Home Security Market: Application Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Smart Home Security Market: Application Movement Analysis, USD Billion, 2024 & 2030
- 7.3. Independent Homes
- 7.3.1. Independent Homes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Condominiums/Apartments
- 7.4.1. Condominiums/Apartments Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. Smart Home Security Market by Region, 2024 & 2030
- 8.2. North America
- 8.2.1. North America Smart Home Security Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 8.2.2. U.S.
- 8.2.2.1. Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.3. Canada
- 8.2.3.1. Canada Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.2. U.K.
- 8.3.2.1. U.K. Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.3. Germany
- 8.3.3.1. Germany Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.4. France
- 8.3.4.1. France Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.2. China
- 8.4.2.1. China Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.3. Japan
- 8.4.3.1. Japan Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.4. India
- 8.4.4.1. India Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.6. Australia
- 8.4.6.1. Australia Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.3. South Africa
- 8.6.3.1. South Africa Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.4. UAE
- 8.6.4.1. UAE Smart Home Security Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Johnson Controls
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Service Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Adobe Systems, Inc.
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Service Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. ADT Inc.
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Service Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Brinks Home Security
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Service Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Hangzhou Hikvision Digital Technology Co., Ltd.
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Service Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Honeywell International, Inc.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Service Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Johnson Controls
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Service Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Resideo Technologies, Inc.
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Service Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Ring LLC (Amazon.com, Inc.)
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Service Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. SimpliSafe, Inc.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Service Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. Vivint Smart Home, Inc.
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Service Benchmarking
- 9.4.11.4. Strategic Initiatives