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How Home Automation Changed the Residential Security Market

Research firm IHS predicts that the smart residential security market will reach $2.4 billion by 2018.


Latest in IHS

While annual video surveillance camera unit shipments are forecast to continue to increase through to the end of the decade, some regional markets are becoming saturated. SSI Staff · August 31, 2016

The numerous, closed ecosystems and devices in the smart home industry is also inhibiting growth. SSI Staff · August 08, 2016

Instead, it's believed that manufacturers seizing market share from competing vendors is fueling the increased supply concentration. Rodney Bosch · July 20, 2016

Last year the video surveillance equipment revenues barely made it into the black, following a strong 2014. SSI Staff · June 20, 2016

Despite stagnant and slowing construction rates in Europe and China, the global market for mechanical locks and door hardware is expected to continue along a path of steady growth. SSI Staff · November 12, 2015

IHS projects electromechanical locks to see the most uptake over the next 5-8 years, representing nearly 77% of the total electronic lock market globally this year. SSI Staff · July 21, 2015

Changing legislation and initiatives such as Next Generation 911 are seen as growth drivers. SSI Staff · July 09, 2015

Integration with home automation systems is driving growth for the products, according to IHS. SSI Staff · January 29, 2015

Research firm IHS predicts that the global video surveillance market will grow more than 10% in 2015, and estimates the market to reach a revenue of $23.6 billion by 2018. SSI Staff · January 19, 2015

What does IHS’ Jon Cropley expect to be the major security technology shift for 2015? Find out in the latest Under Surveillance blog. Scott Goldfine · December 19, 2014




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