Home Security Sales Expected to Triple By 2022
Home Security Market
Home monitoring and security devices are an inclusive and wide-reaching category encompassing everything from cameras and door bells to moisture sensors. IDC attributes the projected growth to a switch in attitude by consumers toward home monitoring devices. Due to the difficulty of installation and integration with other devices, consumers currently hold a reluctant, “DIY attitude” to the devices and shipment. As these devices become easier to incorporate into the smart home at large, IDC expects the value and the uptake of these devices to soar.
Smart homes, the technologically connected modern home, is set to grow in the coming years as financial, integration, and installation costs drop for consumers.

Description
This chart shows the global home security monitoring/device value and estimated growth between 2017 and 2022.