Connected Personal Alarm Market Report: Growing Demand for Personal Safety and Security Solutions

Connected Personal Alarm Market Analysis, Size, Share, Growth, Trends, and Forecast 

Global Market Size and Forecast

The global Connected Personal Alarm Market size was valued at USD 79.98 Million in 2023 and is projected to reach USD 372.72 Million by 2032, growing at a CAGR of 18.65% during the forecast period (2024–2032). The market is expected to reach USD 94.89 Million in 2024.

Market Key Trends

The Connected Personal Alarm Market is driven by the increasing demand for personal safety and security solutions. The market is witnessing a growing trend of wearable devices and mobile apps that offer personal safety features. The increasing adoption of IoT technology and the growing demand for smart home security solutions are also driving the market.

Driving Factors

  • Increasing Demand for Personal Safety and Security Solutions: The growing concern for personal safety and security is driving the demand for connected personal alarm systems.
  • Advancements in IoT Technology: The increasing adoption of IoT technology is enabling the development of smart and connected personal alarm systems.
  • Growing Demand for Wearable Devices and Mobile Apps: The growing demand for wearable devices and mobile apps that offer personal safety features is driving the market.

Opportunities

  • Integration with Smart Home Security Systems: The integration of connected personal alarm systems with smart home security systems is expected to create new opportunities for the market.
  • Development of Advanced Features: The development of advanced features such as AI-powered threat detection and response is expected to create new opportunities for the market.
  • Expansion into New Markets: The expansion of connected personal alarm systems into new markets such as Asia-Pacific and Latin America is expected to create new opportunities for the market.

Connected Personal Alarm Market Segmentation

By Function

  • Basic Alarms (Sound Alerts): Basic alarms that emit a sound alert in case of an emergency.
  • Location Tracking: Connected personal alarm systems that offer location tracking features.
  • Two-Way Communication: Connected personal alarm systems that offer two-way communication features.

By Type

  • Mobile Phone App: Mobile phone apps that offer personal safety features.
  • Stand-Alone Devices: Stand-alone devices that offer personal safety features.
  • Vehicle Safety Alarm: Vehicle safety alarms that offer personal safety features.
  • Keychain: Keychains that offer personal safety features.
  • Pendant and Wrist Band: Pendants and wristbands that offer personal safety features.
  • Panic Button: Panic buttons that offer personal safety features.
  • Smart Personal Safety: Smart personal safety devices that offer advanced features.
  • Other: Other types of connected personal alarm systems.

By Applications

  • Personal Security: Connected personal alarm systems used for personal security.
  • Home Security: Connected personal alarm systems used for home security.
  • Medical Emergency: Connected personal alarm systems used for medical emergencies.

By Distribution Channel

  • Online Retail: Connected personal alarm systems sold through online retail channels.
  • Offline Retail: Connected personal alarm systems sold through offline retail channels.

You can check In-depth Segmentation from here: @ https://straitsresearch.com/report/connected-personal-alarm-market/request-sample

List of Key Players

  • Acticheck Ltd. (UK)
  • ADA Security (Ireland)
  • ADT GO (U.S.)
  • Amano Connect (England)
  • Buddi Limited (UK)
  • Careline 365 (England)
  • Greatcall Inc. (U.S.)
  • Koninklijke Philips N.V. (U.S.)
  • MobileHelp Smart (U.S.)
  • PPP Taking Care Ltd. (UK)
  • Revolar (U.S.)
  • Send For Help Ltd. (UK)
  • SureSafe (Australia)
  • Tbaytel (Canada)
  • Tunstall (Australia)
  • Vlinderalarm (The Netherlands)
  • Zembro (Belgium)

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Conclusion

The Connected Personal Alarm Market is expected to grow significantly during the forecast period. The market is driven by the increasing demand for personal safety and security solutions, advancements in IoT technology, and the growing demand for wearable devices and mobile apps. The market is expected to create new opportunities through the integration with smart home security systems, development of advanced features, and expansion into new markets.

About Straits Research

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