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Global Security devices for the connected home market is forecast to reach $7.7 bn till year 2021.

Security devices for the connected home marketLatest industry research report on Security devices for the connected home markets at $1.2 billion in 2014 are forecast to reach $7.7 billion dollars, worldwide by 2021.  The continuation of 2014 trends, combined with low market awareness of the value of home automation, will force many connected home vendors to pivot and offer more than simple apps for device monitoring and control. This leads us to a big trend for 2015: movement toward interoperability between vendors, devices and platforms.

According to Susan Eustis, leader of the team that prepared the study, “In 2014 the Security for Connected Homes saw a large number of big-name acquisitions and entries.   Samsung made an acquisition of SmartThings.  Google’s acquisitions were of Nest, Dropcam and Revolv.   Apple acquired HomeKit.   Quantities of fielded point devices and systems increased.  What defines the market is the ability of a device to connect to a smart phone app and send alerts directly from a connected device to a remote smart phone”

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Home integrated networks implement home energy management (HEM) and security for the connected home.   The connected home is evolving into a multibillion-dollar industry as people use the apps on their smart phone to substitute for a security monitoring service.  The smart phone can send alerts and allow control of lighting.  As wireless communication standards evolve to support systems integration, home owners gain more control of the living environment through remote access controlled by apps on the smart phone.

Growth has huge implications for energy efficiency and demand response.  The plethora of wireless communication standards include Wi-Fi, ZigBee, Z-Wave, Thread, and Bluetooth LE.  Numerable platforms are available.  A lack of standards has presented a substantial barrier to overall smart home adoption by limiting interconnectivity between devices.  The best security products to keep the home and family safe are interconnected modules.

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Table of Content

1. SECURITY FOR CONNECTED HOME MARKET DESCRIPTION AND MARKET DYNAMICS 40

1.1 Security for Connected Home Market 40
1.1.1 Home Security 42
1.1.2 Apartment Building and Condo Security for Connected Home Market42
1.1.3 Gated Community Security 43
1.1.4 Connected Home Security Devices Are Used In Multi-Tenant Buildings 43
1.2 Universities and Colleges Education 43
1.3 Healthcare 44

2. SECURITY FOR CONNECTED HOME MARKET SHARES AND MARKET FORECASTS 45

2.1 Security for Connected Home Market Driving Forces 45
2.1.1 Security Connected Home Devices 47
2.1.2 Connected Home Security Provides Peace of Mind 49
2.1.3 Interactive Security 49
2.1.4 Market Consolidation And Big-Name Entries 50
2.1.5 Connected Homes Open Platforms And Device Interoperability 51
2.1.6 Connected Homes Evolution Beyond Mobile Apps 52
2.1.7 Connected Homes Software Defined Hardware Interfaces 52
2.2 Security for Connected Homes Market Shares 53
2.2.1 Security Device Connected Home Market Shares, Units and Dollars 56
2.2.2 Belkin WeMo 57
2.2.3 Tyco 57

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