There is no doubt that the demand for security solution continuously grow in numbers and with its unprecedented popularity, studies shown that by 2022, the market will breach past the $300 billion-mark. Check out our presentation for the details. Or visit www.alarmmasterscorp.com to learn more about the latest security solutions for homes and businesses.
Security Solution Set to Become a Billion Dollar Market in 2022
1. SECURITY SOLUTION
SET TO BECOME
A BILLION DOLLAR MARKET IN 2022
AND HERE’S WHY
This Presentation is brought to you by:
www.AlarmMastersCorp.com
2. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
As the demand for the smart security system rise to a
skyrocketing level, the market is expected to boom for the
years to come.
With the growing public consciousness regarding
the threat of theft, crimes and potential terrorist
attack, there is no doubt that the demand for
security solution has drastically increased
Year 2016 when the aggregate market value of the
overall security solutions stood at a whopping
$200 billion worth!
3. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
Recent studies shown that the security solution market will breach past the
$300 billion mark in the next five years.
By 2022, more devices will be produced and will swarm the market to make up the
$372 billion overall market value.
4. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
Here are they…
The demand for the technology definitely helped the market to plot a rare milestone.
What are the driving forces that contributed to this steadfast growth?
But are you curious to know
5. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
FOCUS IN SECURITY
• The biggest chunk is the rise in demand in residential
areas.
• The growth of the security market has been due
to people’s focus in security.
• As offenses and crimes continue to steadily
climb, people gave so much focus in security
than before.
• Homeowners are threatened that is why they arm their houses
with smart security solution.
What are the driving forces that contributed to this steadfast growth?
6. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
What are the driving forces that contributed to this steadfast growth?
TECHNOLOGY DOES THE MAGIG!
• Technology has reshaped the definition of the
word “smart” for home securities.
• Truly, the technological development helps the
security solutions market made big leaps and
bounds.
• Without the progress in the devices and
equipment, the market would not be as
attractive as what it enjoys now.
7. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
What are the driving forces that contributed to this steadfast growth?
THE MILLENIALS
• The participation of people under age 40 contributes to the
surprising growth of the industry.
• Since younger generation is taking over, the
market has successfully targeted the
millennials as their prime consumer.
• Mostly, young people are hooked in making
their DIY home security solutions, where
they can show their skills and style.
8. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
What are the driving forces that contributed to this steadfast growth?
• Aside from this, insurance firms also cover the costs of implementing
the home security solution.
INSURANCE COMPANIES
• Aside from the efforts of the producers and
manufacturers of home security devices, insurance
companies back them up in marketing activities.
• Nowadays, they offer attractive discounts to
homeowners, which drive market demand higher.
• Some homeowners can avail a discount up to 30%.
9. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
What are the driving forces that contributed to this steadfast growth?
• Another sector involved in maintaining safety and
security is the telecommunication.
• In the US, there is a fierce competition between AT&T,
Verizon, Cable, and Comcast offering their respective
packages, which often includes the home security
system partnered with internet and cable connection.
• This intense competition between telecom giants
provide so much attention to the home security market,
which resulted to major investments in the industry.
TELECOM PARTICIPATION
10. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
• Smarter homes are the latest trend today.
• Security solution makes it possible for
people to have safer and more secured
residential areas without sacrificing the
aesthetics.
• With this trend, the market is forecast to
even grow bigger after five years.
• So expect more innovations to come as
the security solutions market will not show
any sign of slowing down.
11. Security Solution Set to Become a Billion Dollar Market in 2022 and Here's Why
RECAP:
Year 2016 is when the aggregate market value of the overall security solutions stood at a
whopping $200 billion worth!
Studies shown that the security solution market will breach past the $300 billion mark in the
next five years; and that by 2022, more devices will be produced and will swarm the market
to make up the $372 billion overall market value.
But what are the DRIVING FORCES that contributed to this steadfast growth?
The growth of the security market has been due to people’s FOCUS IN SECURITY.
TECHNOLOGY has reshaped the definition of the word “smart” for home securities.
The participation of people under age 40 (a.k.a. the MILLENIALS) contributes to the
surprising growth of the industry.
Many INSURANCE COMPANIES cover the costs of implementing the home security
solution.
In the US, there’s a fierce competition among TELECOM COMPANIES offering
their respective packages, often including the home security system partnered
with internet and cable connection.
12. SECURITY SOLUTION
SET TO BECOME
A BILLION DOLLAR MARKET IN 2022
AND HERE’S WHY
This Presentation is brought to you by:
www.AlarmMastersCorp.com