There is a lot of discussion about the Do-it-Yourself Interactive Security Market, so Strategy Analytics prepared this forecast share its perspectives on the state of this market in the US and Western Europe where these systems are most prevalent. The report defines DIY security along with the methodology and assumptions to generate the forecast.
In the US self-monitored security systems accounted for 17% of all types of security systems installed in the US in 2021; they will account for 30% by the end of 2027. The Western European security market is less developed than it is in the US with only 11% of households having some type of security system at the end of 2021 vs. 33% in the US. However, a similar portion will be self-monitored in Western Europe: 16% at the end of 2021 growing to 31% by 2027.
The forecast shows detailed calculations used to derive the forecast from 2015 through 2027 for both the US and Western Europe for two types of DIY security: Self-monitored and Self-installed, but Pro-monitored. It also compares these DIY forecasts with comparable professionally installed and monitored system forecasts
Table of Contents
Table of Contents
Definition of DIY Security 5
DIY Security Market Trends: US and WE 6
Categories of Security Systems and Services 7
Estimating the Self-monitored Security Market 8
US DIY Interactive Security Market
Self-monitored Security 11
Self-installed, Pro-monitored Security 17
Western European DIY Interactive Security Market
Self-monitored Security 22
Self-installed, Pro-monitored Security 28
Trends to Monitor 32
Additional Questions 33
Strategy Analytics
Related Reports and Forecasts 34
How Can We Help You? 35
Support Across the Strategic Planning Cycle 36