Frost & Sullivan’s recent analysis, Post-Pandemic Growth Opportunity in the Global Security Industry, finds that the security industry has tremendous investment opportunities despite the economic slowdown witnessed due to COVID-19. 

The global fire alarm systems market is anticipated to experience a CAGR of 6 percent during the forecast period of 2019 to 2029, according to new research from Future Market Insights.

According to new research from SafeHome.org, 37 million U.S. households are expected to own a security system by 2023 — up from an estimated 24 million owners today.

The global smart home market is now predicted to total $101 billion in 2020, down from Omdia’s previous forecast of $120.6 billion.