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Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
Wireless security cameras are becoming more and more popular in the consumer market, being a cost-effective way to have a comprehensive surveillance system installed in a home or business for an often less expensive price. Wireless cameras are also ideal for people renting homes or apartments.
Vivint offers a range of integrated smart home and security products, including cameras, locks, safety sensors, thermostats, lighting, managed through the Vivint Smart Hub and mobile app. [2] As of 2024, Vivint has over two million customers across all fifty states with more than 27 million devices managed .
YI Technology, also known as Xiaoyi (Chinese: 小蚁) in Mainland China markets, is a company that manufactures cameras and computer vision technologies. [2] [3] [4] Some of the company's popular camera models include the YI 1080p Home Camera, [5] and the YI Outdoor Security Camera.
Ring LLC is a manufacturer of home security and smart home devices owned by Amazon. It manufactures a titular line of smart doorbells, home security cameras, and alarm systems. It also operates Neighbors, a social network that allows users to discuss local safety and security issues, and share footage captured with Ring products.
The market size of home security systems reached $4.8 billion in 2018. It had a compound annual growth rate of 22.4% between 2011 and 2018. [15] People in countries that suffer from high crime rates, particularly robbery and theft, are keen to adopt home security cameras. The US and China have a high implementation rate of residential security ...
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