The increase in the number of self-installed security systems is expected to create a surge in the growth of the global residential security market. Developing urbanization and globalization is one of the major factors which is driving the market of residential security. In recent years, there has been fast development in urbanization, industry development and employment opportunities which have exactly affected the interest for the residential security solutions.

One of the major challenge, which is manipulating the market development is non-participation of the residents. Individuals living in developed societies want to have an intelligent security system yet also contradict for the usage of cameras and other security gadgets. Security camera segment has been the largest contributor to the residential security market globally. Security cameras help in developing a safe and secure home environment over high-quality audio/visual vigilance. Factors like motion detection, night vision, and Wi-Fi capabilities are further propelling the adoption of advanced security cameras for residential security globally.

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