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Residential security market growth to be driven by AI, crime rate

September 30, 2024SSN Staff

NEW YORK —The interactive residential security market size in the U.S. is estimated to grow by $2.96 billion from 2024-2028, according to market research company Technavio. The market research company estimates that residential security will grow at a CAGR of 10.26% during the forecast period, with rising crime rates across the U.S. is driving market growth and a trend towards increasing focus of vendors on new product launches. Technavio writes that the interactive residential security...

Artificial Intelligence (AI), Brinks Home, Cybersecurity, market research, remote monitoring, Residential Security, TechNavio

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