Home Security System Market size to grow by USD 21.53 billion from 2021 to 2026|The growth of DIY home security systems is to drive the market growth- Technavio
NEW YORK, Nov. 19, 2023 /PRNewswire/ -- According to Technavio, the home security system market size is estimated to grow by USD 21.53 billion from 2021 to 2026.
- NEW YORK, Nov. 19, 2023 /PRNewswire/ -- According to Technavio, the home security system market size is estimated to grow by USD 21.53 billion from 2021 to 2026.
- The major factor driving the global home security system market growth is the growth of DIY home security systems.
- This popularity is due to the advantages of DIY home security systems, including low cost, ease of installation, and smartphone-enabled operation.
- North America is one of the largest adopters of the DIY home security system, with the US in the lead.