Deerfield Beach, FL -- (SBWIRE) -- 12/16/2015 -- 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.

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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.

2014 saw a wide expansion of security based do-it-yourself (DIY) home devices. Hub-based systems, point solutions, modules, and kits were available as self-install home security units. Security systems are part of a larger smart home systems market. Early adopters are adding to units already in place. The new modules are interconnected to apps on the smart phone.

Point solutions category are primarily focused on security. The broader set of connected home solutions have modules that range from thermostats, doorbells and ceiling fans to slow cookers and irrigation controllers. Crowdfunding sites like Indiegogo played a major role in helping drive funding for connected home devices and startups.

Consumers, especially in younger generations, expect mobile apps, security cameras, and mobile notification features with their home security systems. Older generations and the non-do-it-yourselfers have a hard time with installation and maintenance of DIY connected home solutions. The combination of needs from both the young and old are creating a favorable environment for strong sustained growth in the Do-It-For-Me (DIFM) interactive security and connected home space.

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Table of Content

SECURITY DEVICES FOR CONNECTED HOMES EXECUTIVE
SUMMARY 28
Security for Connected Home Market Driving Forces 28
Security Connected Home Devices 30
Connected Home Security Provides Peace of Mind 32
Interactive Security 32
Market Consolidation And Big-Name Entries 33
Connected Homes Open Platforms And Device Interoperability 34
Connected Homes Evolution Beyond Mobile Apps 35
Connected Homes Software Defined Hardware Interfaces 35
Security for Connected Homes Market Shares 36
Security Devices for Connected Homes Market Forecasts 38

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

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