Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*

In 2024, the global smart home security market was valued at around **** billion U.S. dollars. The smart home security market size is forecast to increase over the next few years to nearly ** billion U.S. dollars by 2029. Smart home security refers to a set of internet-connected devices that monitor, detect, and alert users about potential intrusions in their homes. These devices can include surveillance cameras, alarm systems, motion detectors, and smart locks, among others. Despite the privacy issues associated with smart home security devices, the importance of owning a home security system outweighs these concerns in most countries worldwide.