Home Security System Market Share

Market Share of Home Security System Industry

The home security system market is fragmented and consists of major players. In terms of market share, no company has absolute control over the market, and everyone has their fair share. Major players include Honeywell International Inc., ADT Inc., Bosch Service Solutions GmbH, Arlo Technologies Inc., and SimpliSafe Inc., among others.

In June 2023, ABB Ltd. announced the acquisition of Eve Systems GmbH, a Munich-based leader in smart home products with operations in the United States and Europe. Through this acquisition, the company aims to accelerate its delivery of safe, smart, and energy-efficient homes and buildings through Eve's extended complementary range of consumer-facing products tailored to the retrofit market.

In March 2023, ADT and Google announced the availability of the first integrated smart home security system for DIY customers. ADT Self Setup integrates Google's Nest smart home products with ADT security and life safety technology as well as ADT SMART Monitoring, all with the convenient control of the new ADT+ app. This system unifies safety, security, home automation, and analytics through one easy-to-use application.

Home Security System Market Leaders

1. Arlo Technologies Inc.

2. Google LLC

3. ABB Ltd

4. Zmodo

5. ADT Inc.

*Disclaimer: Major Players sorted in no particular order