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Press release content from Business Wire. The AP news staff was not involved in its creation. Global Home Security Systems Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com May 5, 2021 GMT DUBLIN (BUSINESS WIRE) May 5, 2021 Amid the COVID-19 crisis, the global market for Home Security Systems estimated at US$52 Billion in the year 2020, is projected to reach a revised size of US$82.3 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027. Video Surveillance Systems, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$23.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fire Protection Systems segment is readjusted to a revised 7% CAGR for the next 7-year period.

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