Major 11 Smart home security systems that are keeping Opp Check!
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Smart home security systems provide a comprehensive way to protect your home. These systems integrate advanced technology, such as cameras, sensors, and smart locks, allowing homeowners to monitor and control their homes remotely. With features like real-time alerts, video surveillance, and integration with voice assistants, smart home security systems offer convenience and peace of mind by keeping homes safe and secure.
According to the UnivDatos Market Insights analysis, the Smart Home Security Systems Market has shown promising advancements and potential for widespread adoption in the future and as per their “Smart Home Security Systems” report, the global market was valued at USD 59.67 Billion in 2022, growing at a CAGR of 10% during the forecast period from 2023 - 2030 to reach USD billion by 2030.? ?
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Recent Developements
?? April 2022, Resideo Technologies has acquired First Alert, Inc., a supplier of home security products. First Alert offers a full line of fire detection and extinguishing equipment, including smoke detectors, carbon monoxide (CO) detectors, combination alarms, and connected CO and fire extinguishers, connectors, fire extinguishers and other fire fighting solutions.?
?? March 2022, ASSA ABLOY has signed an agreement to acquire JOTEC Service & Vertriebsgesellschaft mbh, a regional leader in distribution and industrial door services. The acquisition aims to enhance Assa Abloy's input automation offering.
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?? January 2022, Snap One has acquired longtime Canadian channel partner Staub Electronics to enhance the partner experience across Canada and expand the company's presence in local North American branches.??
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Vivint Named "Home Security Company of the Year" in Seventh Annual IoT Breakthrough Awards Program? A leading North American smart home company has been selected as "Home Security Company of the Year" in the seventh annual IoT Breakthrough Awards program. The program is led by IoT Breakthrough, a leading market intelligence organization that recognizes the best companies, technologies and products in today's global Internet of Things (IoT) market.?
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Conclusion
Smart home security systems have seen significant advancements and breakthroughs over the years, enhancing the safety and convenience of modern households. The integration of cutting-edge technologies like advanced encryption, AI-powered anomaly detection, facial and voice recognition, and multi-sensor integration has strengthened the overall security infrastructure. Additionally, the adoption of cloud-based storage, remote monitoring, and smart lock integration has empowered homeowners with great control and accessibility to their security systems.