The Global Home Security Market Is Expected to Reach $51.5 Billion by 2022
According to a new market report published by Lucintel, the future of the home security market looks attractive with opportunities in the residential sector. The global home security market is expected to reach an estimated $51.5 billion by 2022 and it is forecast to grow at a CAGR of 9.2% from 2017 to 2022. The major growth drivers for this market are increasing rate of crime, declining prices of security products, increasing awareness related to safety and security, and the...
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