Semiconductor

  Market Highlights A typical home security system consists of interior and exterior motion sensors, wired or wireless security cameras, high decibel alarm systems, and control panel. Globally, the  Home Security Camera Systems Market  is expected to grow from USD 33.47 billion in 2017 to USD 55 billion by 2023, at a CAGR of 9% during the forecast period. Advancement in remote monitoring and smartphone technology and increasing demand for smart homes are a few factors that are expected to drive the home security system market during the forecast period. However, lack of awareness about the benefits of security systems and high initial installation cost are expected to limit the growth of the home security market during the forecast period. Key Players: The prominent players in the global home security systems market are United Technologies Corporation Nortek Security & Control LLC, Vivint Inc., Control4 Corporation, Honeywell International Inc. Tyco International Ltd....