Home Security: Market Sizing and Forecasts

Numerous new competitors are expanding the market and impacting recurring monthly revenue for security services. Quantifying the market and understanding trends in self-installation, ad hoc and professional monitoring, interactive services, and home control device attachment are essential. This report quantifies trends and explains the forces impacting the residential security market. It includes five-year market forecasts for professional and DIY security market segments.

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Download Table of Contents (PDF)

1.0    Report Summary

1.1  Purpose of Report

1.2  Scope of Report

1.3  Research Approach/Sources

2.0    Factors Driving or Inhibiting Security System Adoption

3.0    Overall Residential Security Adoption

4.0    Professionally Monitored Home Security

4.1  Professional Monitoring by Households

4.2  Average Recurring Monthly Revenue

4.3  Professional Monitoring by Installation Method

4.4  Professional Monitoring by Add-on Services

5.0    Self-Monitored Home Security

5.1  Self-Monitoring by Households – Units and Percentage

5.2  Recurring Monthly Revenue for Self-Monitored Fee-Based Security

5.3  Self-Monitoring by Installation Method

5.4  Self-Monitoring by Add-on Services

6.0    Equipment and Monitoring Revenues

7.0    Forecast Methodology

8.0    Appendix

8.1  Glossary

8.2  Index

Security System Adoption: Driver and Inhibitors
Presence and Type of Security System – All US Households (2019)
Professional Monitoring of US Households with and without Broadband (2018-2024)
Forecast of Average Monthly Fee for Professional Monitoring (2018-2024)
Forecast of Professionally Monitored Households by Installation (2018 – 2024)
Forecast of Professionally Monitored Security by Add-on Services (2018-2024)
Forecast of Percentage and Units of Self-Monitored Security Systems (2018-2024)
Forecast of Average Monthly Fee for Self-Monitored Fee-Based Security Systems (2018-2024)
Forecast of Self-Monitored Security by Installation Method (2018-2024)
Forecast of Self-Monitored Security Systems with Home Controls (2018-2024)
Forecast of Total Residential Security Industry Revenues (2018-2024)
Flowchart for Security System Sales and Adoption Forecast
Forecast Flowchart for Security Industry Revenues
 

Publish Date: 4Q 2019

Pages: 29


Authored By:
Dina Abdelrazik - Senior Analyst

© October 2019 Parks Associates
All rights reserved.  No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

Printed in the United States of America. 

Disclaimer
Parks Associates has made every reasonable effort to ensure that all information in this report is correct.  We assume no responsibility for any inadvertent errors.

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