As the trend of owing and running smart homes keeps going up year after year, so does the demand for home security products and services.
Security has been the major concerns of smart home owners, as most smart home devices are prone to hackers’ attacks. As such home security companies are raising up to meet expectations as they seek to capitalize on the demand for better home security.
The global home security market was valued at USD 45.58 billion in 2018 and is expected to reach USD 74.75 billion by 2023, at a CAGR of 10.40% during the forecast period.
That’s a huge market size and promising CAGR.
Whether you are looking to invest in home security stocks or want to know the top publicly traded home security companies, the following list of companies are major public home security companies.
Here are 9 top home security stocks to consider:
1. ADT Inc.
ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers.
The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation.
It also provides interactive solutions that allow customers to use their smartphones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, views real-time video of their premises, and program customizable schedules for the management of a range of smart home products.
In addition, the company offers professional monitoring of third-party devices by enabling other companies to integrate solutions into its monitoring and billing platform.
It provides its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. As of December 31, 2019, ADT Inc. operated through a network of approximately 200 sales and service offices, 9 underwriter laboratories listed monitoring centers, 13 customer and field support locations, two national sales call centers, and two regional distribution centers.
The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide.
The company’s Honeywell Building Technologies segment offers advanced software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; remote patient monitoring systems; e-cooling heat transfer agents; and installation, maintenance, and upgrades of systems.
Honeywell International Inc. was incorporated in 1985 and is headquartered in Charlotte, North Carolina.
Vivint Smart Home, Inc., together with its subsidiaries, engages in the sale, installation, servicing, and monitoring of smart home and security systems primarily in the United States and Canada.
The company’s smart home platform includes cloud-enabled smart home operating systems; Vivint Assist, an AI-driven smart home automation and assistance software; software-enabled smart home devices; and tech-enabled services to educate, manage and support the smart home.
It also offers other devices, including control panels, security cameras, smoke alarms, door and window sensors, door locks, motion and tilt sensors, glass break detectors, key fobs, medical pendants, and carbon monoxide detectors, flood sensors, and lamp modules.
The company’s solutions enable subscribers to interact with various aspects of the home with voice or mobile device, including engaging with people at the front door, viewing live and recorded video inside and outside homes; and controlling thermostats, locks, lights, and garage doors, as well as the managing movement of families, friends, and strangers.
The company was founded in 1999 and is headquartered in Provo, Utah.
Arlo Technologies, Inc. provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular connection in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.
It offers Arlo Security Camera, a battery-operated Wi-Fi security camera; Arlo Q and Arlo Q Plus, an indoor wired solution that allows users to monitor their surroundings; Arlo Pro, a battery-operated weather-resistant Wi-Fi camera; Arlo Go, an LTE-enabled wire-free camera that provides untethered mobile security; and Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision.
The company also offers Arlo Pro 2, a battery-operated weather-resistant Wi-Fi camera with advancements in sound and motion detection; Arlo Audio Doorbell, a smart audio doorbell solution to pair with Arlo camera or Arlo Security Light products; Arlo Chime, a product that plugs into a standard wall outlet and pairs with the Arlo Audio Doorbell to play various ringtones or act as a siren; and accessories, such as charging accessories, device mounts, and device skins.
In addition, it provides Arlo Ultra, an integrated spotlight and crystal-clear two-way audio with an advanced noise cancellations camera; Arlo Pro 3, an integrated spotlight with color night vision camera; and Arlo Video Doorbell, a doorbell camera that delivers direct-to-mobile video calls and personalized alerts.
Further, the company offers the Arlo app for iOS and Android devices that allow users to connect to various devices; and prepaid services, including seven-day cloud video storage with the ability to connect up to five cameras and 90 days of customer support.
The company offers its products through retail channels, wholesale distribution, and wireless carrier channels, and paid subscription services through in-app purchases.
Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in San Jose, California.
The Brink’s Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally.
The company offers armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second-line maintenance services; and network infrastructure services.
It also provides transportation services for diamonds, jewelry, precious metals, securities, currency, high-tech devices, electronics, and pharmaceuticals; and vault outsourcing, money processing, deploying and servicing intelligent safes and safe control devices, and check imaging, as well as cashier balancing, counterfeit detection, account consolidation, and electronic reporting services.
In addition, the company offers technology applications, including online cash tracking, cash inventory management, and other Web-based tools.
Further, it provides bill payment acceptance and processing, prepaid cards and corporate debit cards; and security system design and installation services that include alarms, motion detectors, closed-circuit televisions, and digital video recorders, as well as access control systems comprising card and biometric readers, electronic locks, and turnstiles.
Additionally, the company offers monitoring services after systems have been installed; and security and guarding services to protect airports, offices, warehouses, stores, and public venues. It serves banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations.
The company was formerly known as The Pittston Company and changed its name to The Brink’s Company in May 2003. The Brink’s Company was founded in 1859 and is headquartered in Richmond, Virginia.
Alarm.com Holdings, Inc. provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally.
The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.
It also offers intelligent automation and energy management solutions, including a scenes button, which adjusts multiple devices; smart thermostat schedules; responsive savings; precision comfort; energy usage and environmental monitoring; geo-services; and demand response programs.
In addition, the company provides commercial solutions, such as daily safeguards, commercial-grade video, energy savings, protection for valuables and inventory, access control, operational insights, early problem identification, simple to use, professionally supported, and easy to maintain.
Further, it offers service provider solutions, including a permission-based online portal that offers account management, sales, marketing, training, and support tools; installation and support tools; business management services; and sales, marketing, and training services, as well as wellness solutions.
The company serves residential and business subscribers. Alarm.com Holdings, Inc. was founded in 2000 and is headquartered in Tysons, Virginia.
7. Allegion plc
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide.
The company offers door closers and controls; doors and door systems; electronic security products; electronic, biometric, and mobile access control systems; exit devices; locks, locksets, portable locks, and key systems; time, attendance, and workforce productivity systems; and other accessories.
The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands.
It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, on-line and e-commerce platforms, and small specialty showroom outlets.
Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.
Monitronics International, Inc., doing business as Brinks Home Security, provides security alarm monitoring and related services to residential and commercial customers in the United States, Canada, and Puerto Rico.
It provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers’ premises.
The company also offers home automation services, such as remote activation and control of security systems; support for video monitoring, flood sensors, automated garage door, and door lock capabilities; and thermostat integration services.
In addition, it provides hands-free two-way interactive voice communication between its monitoring center and customers; customer and technical support related services to home monitoring systems and home automation services; and do-it-yourself and professional installation security solutions.
It serves its customers through a network of authorized dealers. The company was founded in 1994 and is based in Farmers Branch, Texas. Monitronics International, Inc. is a subsidiary of Ascent Capital Group, Inc.
Fortune Brands Home & Security, Inc., together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications.
It operates in three segments: Cabinets, Plumbing, and Doors & Security.
The Doors & Security segment offers fiberglass and steel entry door systems under the Therma-Tru brand name; composite decking and railing under the Fiberon brand name; and urethane millwork under the Fypon brand name.
This segment also manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock and American Lock brand names; and fire resistant safes, security containers, and commercial cabinets under the SentrySafe brand name.
It serves home centers, hardware and other retailers, millwork building products and wholesale distributors, specialty dealers, remodeling and renovation markets, as well as locksmiths, industrial and institutional users, and original equipment manufacturers. This segment sells its products in the United States, Canada, Europe, Central America, Japan, and Australia.
The company was founded in 1988 and is headquartered in Deerfield, Illinois.