The latest report released by market research organization TechInsights shows that consumer spending on smart home systems and services will continue to grow strongly. The agency predicts that global consumer spending on smart homes will reach US$131 billion in 2023, an increase of 10% from 2022

Spending on smart homes will grow at a compound annual growth rate of nearly 8% over the next five years, reaching $191 billion in 2028.

TechInsights also predicts that interactive security systems will become the largest smart home market segment in 2023 and will maintain a compound annual growth rate of 9%. It is expected to reach US$48 billion by 2028, by which time there will be at least 550 million households around the world equipped with A smart home system.

1. What is an interactive security system?

The interactive security system refers to a comprehensive system that realizes security monitoring, alarm, linkage and other functions through various security equipment and systems. It can help people discover and deal with various security issues in a timely manner and improve security prevention capabilities.

Interactive security systems usually include video surveillance systems, intrusion alarm systems, access control systems, fire alarm systems, intelligent inspection systems, etc. Through integration and linkage, these systems achieve comprehensive security management and control.

The video surveillance system can carry out all-weather video surveillance of key areas and automatically detect and alarm abnormal situations; the intrusion alarm system can provide real-time alarm and linkage processing for illegal intrusions; the access control system can control the entry and exit channels to prevent illegal entry; fire protection The alarm system can detect and deal with safety incidents such as fires in a timely manner; the intelligent inspection system can automatically inspect and record the inspection situation, and promptly discover and deal with various safety hazards.

Its advantage is that it can improve safety precautions and protect people’s lives and property; at the same time, it can also be managed and controlled in an intelligent way to improve work efficiency and reliability. In addition, the interactive security system can also be integrated and linked with other intelligent systems to achieve more intelligent management and control.

In short, the interactive security system is an indispensable and important part of modern society. It provides people with safer, more reliable and intelligent security protection.

2. In smart homes, the main applications of interactive security systems are:

Video surveillance: Through devices such as smart cameras, the situation at home can be monitored in real time. Users can check changes in their home anytime and anywhere through their mobile phones. The smart camera also has functions such as human body motion detection alarm, two-way voice, multi-user sharing, infrared night vision, and high-definition playback.

Anti-theft alarm: Home anti-theft equipment includes human activity and door and window switch sensing devices (such as infrared intrusion detectors, door and window magnets, smart door locks, etc.). When the system is armed, these devices can sense someone entering and doors and windows opening and then alarm. And promptly transmit the sensed abnormal conditions to the user’s mobile phone to achieve the purpose of protecting family and property.

Fire warning: Commonly used fire alarm equipment in homes include smoke sensors, gas leak detectors, smart switches, etc. They will sound an alarm when smoke or combustible gas reaches a certain concentration, or automatically cut off the power supply to avoid fires. Let users know after posting.

Video surveillance: Through devices such as smart cameras, the situation at home can be monitored in real time. Users can check changes in their home anytime and anywhere through their mobile phones. The smart camera also has functions such as human body motion detection alarm, two-way voice, multi-user sharing, infrared night vision, and high-definition playback.

Anti-theft alarm: Home anti-theft equipment includes human activity and door and window switch sensing devices (such as infrared intrusion detectors, door and window magnets, smart door locks, etc.). When the system is armed, these devices can sense someone entering and doors and windows opening and then alarm. And promptly transmit the sensed abnormal conditions to the user’s mobile phone to achieve the purpose of protecting family and property.

Fire warning: Commonly used fire alarm equipment in homes include smoke sensors, gas leak detectors, smart switches, etc. They will sound an alarm when smoke or combustible gas reaches a certain concentration, or automatically cut off the power supply to avoid fires. Let users know after posting.

Conclusion: From the fact that interactive security systems have become the largest market segment of smart homes, we can see that safety is always the first factor that people consider. It is also the most common for smart homes to start from security. The smart home system of security + intelligence is providing people with a sense of security. At the same time, taking into account entertainment, health, care and other functions has become the key to opening the door to the smart home market. It is believed that smart homes will enter more families in the future.