Survey Sheds Light on Why Homeowners Buy Security Products
Cameras are the most popular home security device, surpassing traditional home security systems. Market analysts and Safety.com’s own observations suggest this could be due to the fact that private surveillance cameras are more affordable, easier to install, and more readily available than ever. Plus, artificial intelligence features like motion detection, face recognition and mobile alerts help empower camera owners to self-monitor their property without the help of a professional monitoring service.
It’s notable that 62% of respondents don’t own any kind of security device whatsoever. That leaves plenty of room for growth, which should be good news for security providers and manufacturers – and perhaps it’s good news to thieves or intruders as well. This lack of saturation also supports industry projections that predict the worldwide video surveillance market will grow to $87.4 billion by 2025.
