| Product Code: ETC5602172 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Between 2023 and 2024, Serbia`s import of home security systems experienced a growth rate of 15.49%, with a compound annual growth rate (CAGR) of 4.43% from 2020 to 2024. This upward trend can be attributed to the increasing awareness of home security and a rising demand for advanced security solutions in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Serbia Home Security Systems Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Home Security Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Home Security Systems Market - Industry Life Cycle |
3.4 Serbia Home Security Systems Market - Porter's Five Forces |
3.5 Serbia Home Security Systems Market Revenues & Volume Share, By Home Type , 2021 & 2031F |
3.6 Serbia Home Security Systems Market Revenues & Volume Share, By Security , 2021 & 2031F |
3.7 Serbia Home Security Systems Market Revenues & Volume Share, By Systems, 2021 & 2031F |
3.8 Serbia Home Security Systems Market Revenues & Volume Share, By Services, 2021 & 2031F |
4 Serbia Home Security Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of home security |
4.2.2 Rising crime rates in certain regions of Serbia |
4.2.3 Technological advancements leading to more sophisticated and affordable home security systems |
4.3 Market Restraints |
4.3.1 High initial costs of installing home security systems |
4.3.2 Limited consumer disposable income in certain segments of the population |
4.3.3 Lack of standardized regulations and enforcement in the home security industry |
5 Serbia Home Security Systems Market Trends |
6 Serbia Home Security Systems Market Segmentations |
6.1 Serbia Home Security Systems Market, By Home Type |
6.1.1 Overview and Analysis |
6.1.2 Serbia Home Security Systems Market Revenues & Volume, By Independent Homes, 2021-2031F |
6.1.3 Serbia Home Security Systems Market Revenues & Volume, By Apartments, 2021-2031F |
6.2 Serbia Home Security Systems Market, By Security |
6.2.1 Overview and Analysis |
6.2.2 Serbia Home Security Systems Market Revenues & Volume, By Professional-installed and Monitored, 2021-2031F |
6.2.3 Serbia Home Security Systems Market Revenues & Volume, By Self-installed and Professionally Monitored, 2021-2031F |
6.2.4 Serbia Home Security Systems Market Revenues & Volume, By Do-It-Yourself (DIY), 2021-2031F |
6.3 Serbia Home Security Systems Market, By Systems |
6.3.1 Overview and Analysis |
6.3.2 Serbia Home Security Systems Market Revenues & Volume, By Fire Protection System, 2021-2031F |
6.3.3 Serbia Home Security Systems Market Revenues & Volume, By Video Surveillance System, 2021-2031F |
6.3.4 Serbia Home Security Systems Market Revenues & Volume, By Access Control System, 2021-2031F |
6.3.5 Serbia Home Security Systems Market Revenues & Volume, By Entrance Control System, 2021-2031F |
6.3.6 Serbia Home Security Systems Market Revenues & Volume, By Intruder Alarm System, 2021-2031F |
6.4 Serbia Home Security Systems Market, By Services |
6.4.1 Overview and Analysis |
6.4.2 Serbia Home Security Systems Market Revenues & Volume, By Security System Integration Services, 2021-2031F |
6.4.3 Serbia Home Security Systems Market Revenues & Volume, By Remote Monitoring Services, 2021-2031F |
6.4.4 Serbia Home Security Systems Market Revenues & Volume, By Fire Protection Services, 2021-2031F |
6.4.5 Serbia Home Security Systems Market Revenues & Volume, By Video Surveillance Services, 2021-2031F |
6.4.6 Serbia Home Security Systems Market Revenues & Volume, By Access Control Services, 2021-2031F |
7 Serbia Home Security Systems Market Import-Export Trade Statistics |
7.1 Serbia Home Security Systems Market Export to Major Countries |
7.2 Serbia Home Security Systems Market Imports from Major Countries |
8 Serbia Home Security Systems Market Key Performance Indicators |
8.1 Number of new home security system installations |
8.2 Rate of adoption of smart home security technologies |
8.3 Customer satisfaction and retention rates with home security services |
9 Serbia Home Security Systems Market - Opportunity Assessment |
9.1 Serbia Home Security Systems Market Opportunity Assessment, By Home Type , 2021 & 2031F |
9.2 Serbia Home Security Systems Market Opportunity Assessment, By Security , 2021 & 2031F |
9.3 Serbia Home Security Systems Market Opportunity Assessment, By Systems, 2021 & 2031F |
9.4 Serbia Home Security Systems Market Opportunity Assessment, By Services, 2021 & 2031F |
10 Serbia Home Security Systems Market - Competitive Landscape |
10.1 Serbia Home Security Systems Market Revenue Share, By Companies, 2024 |
10.2 Serbia Home Security Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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