The North America Smart Security Market would witness market growth of 11.8% CAGR during the forecast period (2023-2030).
The increasing prevalence and complexity of security threats have significantly contributed to the growth in the utilization of these solutions. Traditional security measures often fail to address modern challenges, such as cyber threats, terrorism, and organized crime. These solutions offers a proactive and dynamic approach, leveraging real-time data analysis and intelligent algorithms to promptly detect and mitigate potential risks. The capabilities of these systems have been substantially improved due to the ongoing development of technology, specifically in areas such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT).
The increasing prevalence of smart homes and buildings has substantially aided in the acceptance of these solutions. Security system integration with other smart devices, such as smart door locks, thermostats, and lighting controls, improves the overall user experience and promotes users to invest in comprehensive, interconnected security solutions. One of the main factors driving adoption has been the capability of employing smartphones and other connected devices to monitor and manage security systems remotely. Unparalleled convenience and peace of mind are provided to users through the ability to view surveillance footage, receive real-time alerts, and even control access to their premises from anywhere.
The healthcare industry in the U.S. adopts these solutions to protect patient data, secure medical facilities, and ensure compliance with privacy regulations. Homeowners in the U.S. leverage technologies such as smart cameras, doorbell cameras, and smart locks to enhance residential security and monitor property remotely. Due to the above-mentioned factors, the market will grow significantly in this region.
The US market dominated the North America Smart Security Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $28,210 million by 2030. The Canada market is experiencing a CAGR of 14.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13.3% during (2023 - 2030).
Based on Protocol, the market is segmented into Hybrid, Wireless Protocols, and Wired Protocols. Based on Type, the market is segmented into Intelligent Video Surveillance, Access Control Systems, Smart Intruder Alarms, and Others. Based on Application, the market is segmented into Commercial, Residential, and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Smart Security Market is Predict to reach $135 Billion by 2030, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alarm.com Holdings, Inc., Netgear, Inc., ADT, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc., Johnson Controls International PLC, Samsung Electronics Co., Ltd. (Samsung Group), Amazon.com, Inc., Robert Bosch GmbH and Legrand Group
Scope of the Study
Market Segments Covered in the Report:
By Protocol
- Hybrid
- Wireless Protocols
- Wired Protocols
By Type
- Intelligent Video Surveillance
- Access Control Systems
- Smart Intruder Alarms
- Others
By Application
- Commercial
- Residential
- Industrial
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Alarm.com Holdings, Inc.
- Netgear, Inc.
- ADT, Inc.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International, Inc.
- Johnson Controls International PLC
- Samsung Electronics Co., Ltd. (Samsung Group)
- Amazon.com, Inc.
- Robert Bosch GmbH
- Legrand Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Security Market, by Protocol
1.4.2 North America Smart Security Market, by Type
1.4.3 North America Smart Security Market, by Application
1.4.4 North America Smart Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jun – 2023, Dec) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Smart Security Market, by Protocol
5.1 North America Hybrid Market, by Country
5.2 North America Wireless Protocols Market, by Country
5.3 North America Wired Protocols Market, by Country
Chapter 6. North America Smart Security Market, by Type
6.1 North America Intelligent Video Surveillance Market, by Country
6.2 North America Access Control Systems Market, by Country
6.3 North America Smart Intruder Alarms Market, by Country
6.4 North America Others Market, by Country
Chapter 7. North America Smart Security Market, by Application
7.1 North America Commercial Market, by Country
7.2 North America Residential Market, by Country
7.3 North America Industrial Market, by Country
Chapter 8. North America Smart Security Market, by Country
8.1 US Smart Security Market
8.1.1 US Smart Security Market, by Protocol
8.1.2 US Smart Security Market, by Type
8.1.3 US Smart Security Market, by Application
8.2 Canada Smart Security Market
8.2.1 Canada Smart Security Market, by Protocol
8.2.2 Canada Smart Security Market, by Type
8.2.3 Canada Smart Security Market, by Application
8.3 Mexico Smart Security Market
8.3.1 Mexico Smart Security Market, by Protocol
8.3.2 Mexico Smart Security Market, by Type
8.3.3 Mexico Smart Security Market, by Application
8.4 Rest of North America Smart Security Market
8.4.1 Rest of North America Smart Security Market, by Protocol
8.4.2 Rest of North America Smart Security Market, by Type
8.4.3 Rest of North America Smart Security Market, by Application
Chapter 9. Company Profiles
9.1 Alarm.com Holdings, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.4.3 Acquisition and Mergers:
9.2 Netgear, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segment and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ADT, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Product Launches and Product Expansions:
9.3.4.3 Acquisition and Mergers:
9.4 Hangzhou Hikvision Digital Technology Co., Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Honeywell International, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Johnson Controls International PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental & Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Samsung Electronics Co., Ltd. (Samsung Group)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 Amazon.com, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 SWOT Analysis
9.9 Robert Bosch GmbH
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Legrand Group
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis
TABLE 1 North America Smart Security Market, 2019 - 2022, USD Million
TABLE 2 North America Smart Security Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Security Market
TABLE 4 Product Launches And Product Expansions– Smart Security Market
TABLE 5 Acquisition and Mergers– Smart Security Market
TABLE 6 North America Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 7 North America Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 8 North America Hybrid Market, by Country, 2019 - 2022, USD Million
TABLE 9 North America Hybrid Market, by Country, 2023 - 2030, USD Million
TABLE 10 North America Wireless Protocols Market, by Country, 2019 - 2022, USD Million
TABLE 11 North America Wireless Protocols Market, by Country, 2023 - 2030, USD Million
TABLE 12 North America Wired Protocols Market, by Country, 2019 - 2022, USD Million
TABLE 13 North America Wired Protocols Market, by Country, 2023 - 2030, USD Million
TABLE 14 North America Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 15 North America Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 16 North America Intelligent Video Surveillance Market, by Country, 2019 - 2022, USD Million
TABLE 17 North America Intelligent Video Surveillance Market, by Country, 2023 - 2030, USD Million
TABLE 18 North America Access Control Systems Market, by Country, 2019 - 2022, USD Million
TABLE 19 North America Access Control Systems Market, by Country, 2023 - 2030, USD Million
TABLE 20 North America Smart Intruder Alarms Market, by Country, 2019 - 2022, USD Million
TABLE 21 North America Smart Intruder Alarms Market, by Country, 2023 - 2030, USD Million
TABLE 22 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 23 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 24 North America Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 25 North America Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 26 North America Commercial Market, by Country, 2019 - 2022, USD Million
TABLE 27 North America Commercial Market, by Country, 2023 - 2030, USD Million
TABLE 28 North America Residential Market, by Country, 2019 - 2022, USD Million
TABLE 29 North America Residential Market, by Country, 2023 - 2030, USD Million
TABLE 30 North America Industrial Market, by Country, 2019 - 2022, USD Million
TABLE 31 North America Industrial Market, by Country, 2023 - 2030, USD Million
TABLE 32 North America Smart Security Market, by Country, 2019 - 2022, USD Million
TABLE 33 North America Smart Security Market, by Country, 2023 - 2030, USD Million
TABLE 34 US Smart Security Market, 2019 - 2022, USD Million
TABLE 35 US Smart Security Market, 2023 - 2030, USD Million
TABLE 36 US Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 37 US Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 38 US Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 39 US Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 40 US Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 41 US Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 42 Canada Smart Security Market, 2019 - 2022, USD Million
TABLE 43 Canada Smart Security Market, 2023 - 2030, USD Million
TABLE 44 Canada Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 45 Canada Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 46 Canada Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 47 Canada Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 48 Canada Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 49 Canada Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 50 Mexico Smart Security Market, 2019 - 2022, USD Million
TABLE 51 Mexico Smart Security Market, 2023 - 2030, USD Million
TABLE 52 Mexico Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 53 Mexico Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 54 Mexico Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 55 Mexico Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 56 Mexico Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 57 Mexico Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 58 Rest of North America Smart Security Market, 2019 - 2022, USD Million
TABLE 59 Rest of North America Smart Security Market, 2023 - 2030, USD Million
TABLE 60 Rest of North America Smart Security Market, by Protocol, 2019 - 2022, USD Million
TABLE 61 Rest of North America Smart Security Market, by Protocol, 2023 - 2030, USD Million
TABLE 62 Rest of North America Smart Security Market, by Type, 2019 - 2022, USD Million
TABLE 63 Rest of North America Smart Security Market, by Type, 2023 - 2030, USD Million
TABLE 64 Rest of North America Smart Security Market, by Application, 2019 - 2022, USD Million
TABLE 65 Rest of North America Smart Security Market, by Application, 2023 - 2030, USD Million
TABLE 66 Key Information – Alarm.com Holdings, inc.
TABLE 67 Key information – Netgear, Inc.
TABLE 68 Key Information – ADT Inc.
TABLE 69 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 70 Key Information – Honeywell International, Inc.
TABLE 71 Key Information – Johnson Controls International PLC
TABLE 72 Key Information – Samsung Electronics Co., Ltd.
TABLE 73 Key Information – Amazon.com, Inc.
TABLE 74 Key Information – Robert Bosch GmbH
TABLE 75 key Information – Legrand Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Smart Security Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Smart Security Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jun – 2023, Dec) Leading Players
FIG 7 Porter’s Five Forces Analysis – Smart Security Market
FIG 8 North America Smart Security Market, Share by Protocol, 2022
FIG 9 North America Smart Security Market, Share by Protocol, 2030
FIG 10 North America Smart Security Market, by Protocol, 2019 - 2030, USD Million
FIG 11 North America Smart Security Market, Share by Type, 2022
FIG 12 North America Smart Security Market, Share by Type, 2030
FIG 13 North America Smart Security Market, by Type, 2019 - 2030, USD Million
FIG 14 North America Smart Security Market, Share by Application, 2022
FIG 15 North America Smart Security Market, Share by Application, 2030
FIG 16 North America Smart Security Market, by Application, 2019 - 2030, USD Million
FIG 17 North America Smart Security Market, Share by Country, 2022
FIG 18 North America Smart Security Market, Share by Country, 2030
FIG 19 North America Smart Security Market, by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: Alarm.com Holdings, Inc.
FIG 21 SWOT Analysis: Netgear, Inc.
FIG 22 Recent strategies and developments: ADT, Inc.
FIG 23 Recent strategies and developments: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 24 SWOT Analysis: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 25 SWOT Analysis: Honeywell international, inc.
FIG 26 SWOT Analysis: Johnson Controls International PLC
FIG 27 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 28 SWOT Analysis: Amazon.com, Inc.
FIG 29 SWOT Analysis: Robert Bosch GmbH
FIG 30 SWOT Analysis: Legrand Group