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LONDON--(BUSINESS WIRE)--The global connected home security systems market size is poised to grow by USD 11.09 billion during 2020-2024, progressing at a CAGR of over 17% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. Cost savings due to effective monitoring technology combined with increased adoption of smartphones will offer immense growth opportunities. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Report Highlights: Read the full report here: https://www.technavio.com/report/report/connected-home-security-system-market-industry-analysis Increasing Number of Homes Using Broadband will be a Key Market Trend. The high cost of home security solutions, privacy and security concerns, and lack of standards for manufacturing security solutions may impede market growth. Technavios sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Connected Home Security Systems Market 2020-2024: Key Highlights Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Service Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Connected Home Security Systems Market - Actionable Research on COVID-19 | Cost Savings Due to Effective Monitoring Technology to Boost the Market Growth | Technavio