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

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Oct 26, 2023, 10:30 ET

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

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 Security 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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