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- Smart home safety devices can be connected to Wi-Fi and accessed from anywhere using smart devices, such as smartphones, smartwatches, or voices. The smart home safety market is driven by the increasing crime rates across the world, which is forcing the people to focus on security and safety systems, especially in residential areas.New York, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Smart Home Safety Market - Growth, Trends, Forecasts (2020 - 2025)" - https://www.reportlinker.com/p05982383/?utm_source=GNW - According to the FBI, a burglar strikes every 25.7 seconds in the United States adding up to two burglaries every minute and over 3,300 burglaries per day. Further, only 24% of Americans have a home security system to protect their property from burglary.- As per 2019 Continental Automated Buildings Association’s survey, primary motivations for adopting the Smart Home technology across North America resulted in 51% opting for safety and security purposes. And, as per Alarm.org, the official site of the National Council for Home Safety and Security, the 63% home safety product buyers want smart locks and alarms for their home safety purposes.- With the growing adoption of smart home devices, including safety devices, data leaks have also been observed to have increased significantly. This has been led by using ransomware and phishing to expose personally identifiable information. In 2019, over 3,000 Ring camera customers’ personal data was leaked. Therefore, customers are expected to continue to prioritize privacy for smart home safety solution adoption.Key Market TrendsGrowing Awareness Regarding Home Security Systems- The growing consumer propensity toward the adoption and usage of the connected devices is augmenting the demand in the market studied. For instance, as per Jaze Networks, the global internet-connected devices per person in 2020 were at 6.58 and number for connected devices per person is expected to reach 15 by 2030.- Furthermore, the statistics from the National Council for Home Safety and Security, suggests that currently, 47% of millennials in the United States own smart devices, while 70% of those who already have one smart product portrayed likeliness to opt for other smart devices as well.- Also, according to the Continental Automated Buildings Association (CABA), the installed bases of smart home devices in the United States are expected to reach 2691.8 million in 2023 from 1224.7 million in 2018. Similarly, the significant sales of smart home safety devices, such as video doorbell and security cameras, are augmenting growth, in lieu of rise of IoT and sophistication/innovation in security devices.- Asia-Pacific Accounts for Significant Market Share- China is at the forefront when it comes to the adoption of the latest technological innovation. The increasing adoption of AI technology leads to a rise in demand for the smart home market in the country. The State Council of China recently detailed its strategy to become the leading AI superpower by 2030, by building a USD 150 billion national AI industry in the future.- The favorable policies and the onset of IoT laid a solid foundation for the smart home market in the country. GSMA estimates that China may account for approximately 4.1 billion IoT connections, which is almost one-third of the global IoT connections, by 2025. Furthermore, initiatives, such as Smart Cities Projects, National New-type Urbanization Plan, and the Made in China 2025 strategy, are expected to fuel China’s smart home safety market.- As more AI-powered security cameras are installed in homes, providing homeowners improved security features, including timely intruder alerts or notifications when their loved ones arrive home, companies are fighting for a stake in this market.- Wuhan-headquartered computer vision company, SimShine, founded in 2017, is one of them. Its new line of home security cameras, named SimCam, adopts AI edge computing, a technology that supports cloud-free data storage and analysis. In a competitive market, where established companies, like Amazon-owned Ring, Chinese electronics vendor Xiaomi, and Netgear’s Arlos, are all strong players, SimShine aims to differentiate by providing AI security cameras with enhanced latency and better privacy protection.Competitive LandscapeThe Smart Home Security Market is highly fragmented, largely due to the low entry barriers. Further strategic partnerships and innovations are the driving force for the industry, and the market is evolving at a faster pace both in terms of technology and features. Key players are ADT Inc. and Honeywell International Inc. Recent developments in the market are -- Sep 2020 - Hangzhou Hikvision Digital Technology Co. Ltd launched its new generation of wireless alarm systems, the AX PRO which delivers comprehensive alarm solutions for both residential and commercial applications. It includes a compact panel hub for a wide range of detectors and peripherals, covering intrusion detection, video verification, smoke detection, flood detection, and home automation.- Mar 2020 - Ring Inc. Introduced two new video doorbells and its new, innovative pre-roll technology with battery-powered doorbells. Ring Video Doorbell 3 and Ring Video Doorbell 3 Plus are the latest additions to Ring’s Video Doorbell lineup, for security and convenience to users’ homes. Both new products include privacy zones, which allow users to black out portions of the camera’s field-of-view from recording, and audio/motion detection toggles to disable recording as needed. It also announced its next generation Ring Chime and Chime Pro, which enable customers to hear audible ring notifications throughout their home.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- 3 months of analyst supportRead the full report: https://www.reportlinker.com/p05982383/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001... Read more.

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The continuous growth of government initiatives for enhancing road safety has been providing opportunities in marketDallas, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) -- The “Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, ALPR/ANPR), Service (Consulting and Training, System Integration and Deployment, and Support and Maintenance), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Global Forecast, 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.Request a pdf sample at https://www.adroitmarketresearch.com/contacts/request-sample/1765The global road safety market size is projected to reach nearly USD 6.3 billion by 2028. Additionally, the market is forecasted to grow a CAGR of above 9.3% over the forecast period of 2020-2028. The growing number of road accidents around the world has contributed to an urgent need for precautionary steps and strategies that have a positive effect on the development of the industry. Furthermore, increased government investment on the construction of road networks to boost the connectivity landscape is expected to sustain the market for technologies and facilities for traffic monitoring.The report also outlines the various characteristics of the global Road safety industry by assessing the market from value chain analysis. Moreover, the Road safety market report comprises various qualitative parts of the Road safety industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.Browse the ful report with Table of Contents and List of Figures at https://www.adroitmarketresearch.com/industry-reports/road-safety-marketThe road safety market has huge competition amongst the already well-known and new market players. Also, the Road safety industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence. As a result of increased crime rates and the frequency of natural disasters, the introduction of traffic safety compliance technologies and corresponding resources, such as installation, system integration, support and repair, and supervision and training, has increased. In current or newer infrastructures, these technologies may be implemented. The growing acceptance of consultancy services provided by security solution providers to simplify the complexity of current networks is another driving force in the industry.Are you looking for a DISCOUNT? If yes, then get in touch with us at https://www.adroitmarketresearch.com/contacts/discount/1765In Europe, various government programmes are aiming at creating cleaner streets, and the industry had a significant share of sales in 2019. In order to prevent injuries and casualties, the European Union has implemented the Vision Zero and Safe Framework strategy. Although the industry retained a moderate sales share in Asia Pacific in 2019, the market is projected to demonstrate the highest growth over the forecast years due to growing infrastructure investment and rising numbers of commuters.The major players of the global Road safety market are Sensys Gatso Group, Motorola Solutions, SWARCO, Redflex Holdings, Verra Mobility, Jenoptik, Kapsch TrafficCom, IDEMIA, FLIR Systems, and Information Engineering Group Inc. Moreover, the market comprises several other prominent players in the road safety market as Conduent, Traffic Management Technologies, AABMATICA, VITRONIC, Kria, Laser Technology, Cubic Corporation, Siemens, Optotraffic, Syntell, and Clearview Intelligence. The major players in the market comes up with some of the developments to enhance the market growth in the global industry.Direct purchase the sinlge user copy at https://www.adroitmarketresearch.com/researchreport/purchase/1765Major Points from Table of Contents: Chapter 1    Introduction Chapter 2    Research Methodology Chapter 3    Executive Summary Chapter 4    Market Outlook Chapter 5    Road Safety Market by Solution, 2018-2028 (USD Billion) Chapter 6    Road Safety Market by Service, 2018-2028 (USD Billion) Chapter 7    Road Safety Market by Region, 2018-2028 (USD Billion) Chapter 8    Competitive Landscape Chapter 9    Company ProfilesAccess research repository of Upcoming Reports @ https://adroitmarketresearch.com/upcoming.html  About Us: Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require u nderstanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.Contact Us: Ryan Johnson Account Manager - Global 3131 McKinney Ave Ste 600 Dallas, TX 75204 Email ID: [email protected] Phone No.: +1 972-362 -8199 Connect with us: Facebook | Twitter | LinkedIn... Read more.

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