best home alarms systems
Large initial investment and cost of maintenance of the equipment along with lack of awareness regrading technological enhancements are the factors that are likely to restrain the growth of the market. The strategies adopted by telecom providers and electrical distributors are the factors that will create abundant growth opportunities in this market. Low adoption rate of security solution systems is a key market challenge faced by manufactures and key market players. Customer acquisition and retention are key issues that are expected to have great impact on the growth of the world home security solutions market. The report segments the world home security solutions market based on products, solutions, home types and geography. On the basis of products, this market is segmented into electronic locks, sensors, cameras, panic buttons, and fire sprinklers and extinguishers. The electronic Locks is further segmented into keypad locks, biometric locks, magnetic strip locks, electric strip locks, electromechanical door locks, wireless locks, sensors, cameras, panic buttons, fire sprinklers and extinguishers and alarms. Based on solution, the market is segmented into medical alert system, access control and management solution, intruder alarm solution, intercom system, video surveillance solution, fire protection system and integrated security solution. On the basis of home type, the market is segmented into independent homes, condominiums and apartments. On the basis of geography, North America, Europe, Asia Pacific, and Latin America, Middle East and Africa LAMEA. 4.