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Global Alarm Monitoring Market to 2030: Burglar Alarm Systems Market Gains from Technological Advancements
[October 26, 2023]

Global Alarm Monitoring Market to 2030: Burglar Alarm Systems Market Gains from Technological Advancements


DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Alarm Monitoring - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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The global market for Alarm Monitoring estimated at US$46.2 Billion in the year 2022, is projected to reach a revised size of US$71.8 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.

Software, Services & Solutions, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$45.6 Billion by the end of the analysis period. Growth in the Systems & Hardware segment is estimated at 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.8 Billion, While China is Forecast to Grow at 7.8% CAGR

The Alarm Monitoring market in the U.S. is estimated at US$17.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.6 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 270 Featured)

  • AT&T, Inc.
  • ADT Security Services, Inc.
  • Alarm.com Holdings, Inc.
  • Ademco (Far East) Pte., Ltd.
  • AFA Protective Systems, Inc.
  • Alarmco, Inc.
  • American Alarm & Communications, Inc.
  • AlertOne Services LLC
  • American Senior Safety Agency
  • Amherst Alarm, Inc.
  • Bay Alarm Medical
  • Alarm Grid
  • Alarm New England
  • AlarmClub.com
  • Aviva Life Insurance Company India Ltd.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 and a Looming Global Recession
  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
  • COVID-19 Pandemic Drives Down Demand for Securiy Solutions and Alarm Monitoring Business
  • An Introduction to Alarm Monitoring
  • Central Station (Alarm Monitoring Center)
  • How Does Alarm Monitoring Work?
  • Technology in Use
  • Note on Alarm Monitoring Software
  • Alarm Monitoring - A Prelude
  • Global Market Prospects & Outlook
  • World Alarm Monitoring Market by Application (2020 & 2027): Percentage Breakdown of Revenues for Building Alarm Monitoring, Equipment Monitoring, Vehicle Alarm Monitoring, and Environmental Monitoring
  • North America: A Strong R&D Base for Alarm Monitoring
  • World Alarm Monitoring Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • Developing Markets to Turbo Charge Future Growth in the Market
  • Global Alarm Monitoring Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
  • Alarm Monitoring in Commercial Sector Gains Share
  • Attractive Discounts Attract Customers to Insurance Policies
  • Widespread Consumer Awareness: A Crucible for Success
  • False Alarms: Major Deterrent for Alarm Monitoring Systems Adoption
  • Competitive Scenario
  • Alarm Monitoring Lures IT and Telecom Companies
  • Recent Market Activity
  • Select Global Brands
  • Alarm Monitoring - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS


  • Growing Importance of Electronic Security Systems Creates Fertile Ground for Alarm Monitoring Market
  • Surge in Crime Rates Propels Uptake of Alarm Monitoring Solutions
  • Smart Homes & Home Automation Unveil New Opportunities
  • Global Smart Homes Market by Category in US$ Billion for the Years 2020 and 2022
  • Number of Smart Homes in Select Countries (in Thousands) for the Years 2015 & 2020
  • Remote Activation of Intelligent Home Alarm Systems
  • Cloud-Based Home Security Solutions Gain Demand
  • Security in Smart Cities Receives Undivided Focus
  • Number of Smart Cities Worldwide (2013-2020)
  • Number of Smart Cities Worldwide by Geographic Region (2025)
  • Burglar Alarms Market: Growing Need to Safeguard Assets and People Drives Growth
  • Burglar Alarm Systems Market Gains from Technological Advancements
  • Building Codes & Feature Rich Models Sustain Momentum in Fire Alarms Domain
  • A Review of Current Trends in the Fire Alarm Systems Market
  • Product Innovation Paves the Way for Advanced and Sophisticated Services
  • New Technologies Influence Design & Functioning of Alarm Systems
  • Modern Mobile Devices Augment Alarm Monitoring Ecosystem
  • Global Market for Smartphones in Billions: 2016-2021
  • Smartphone Penetration Rate as Share of Total Population: 2016-2021
  • World Tablet PCs Market: Breakdown of Annual Volume Sales (in Million Units) for the Years 2013, 2018 & 2019
  • Outdoor Alarms Facilitate Mobility
  • Wireless Alarm Monitoring Continues to Make Big Gains
  • PERS to Become an Integral Part of Aging-in-Place Solutions
  • Advanced Technologies to Foster PERS Adoption
  • mPERS Seeks Mainstream Role
  • Speech-Triggered Alarms: Simplify Usage
  • Reimbursement Scenario Calls for Attention
  • Alarm Management Dashboards Enable Quick and Easy Data Access
  • Remote Video Monitoring Services Grow in Demand
  • Trends in the Construction Industry Influence Market Uptake
  • World Construction Industry (in US$ Trillion) for the Years 2020, 2021 & 2022
  • Global Infrastructure Spending in US$ Billion (2014, 2016, 2018, 2020 & 2022)
  • Global Infrastructure Spending Estimates by Sector (2015-2030) (in US$ Trillion)
  • Urbanization Steers Momentum in the Alarm Monitoring Market
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2014 & 2050
  • Burgeoning Middle Class Population Spurs Market Growth
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Aging Population: The Fastest Growing Demographic
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • False Alarms: A Challenge to Reckon With
  • Growing Competition from Substitute Technologies Niggle Prospects
  • High Costs Remain a Major Issue
  • Low Awareness Levels Hamper Uptake
  • Downward Pressure on Selling Prices Impacts the Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/kyyrkf

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SOURCE Research and Markets


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