Personal Safety Alarms Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The personal safety alarms market was valued at approximately USD 1.5 billion in 2022 and is projected to experience a robust growth trajectory. With a compound annual growth rate (CAGR) of 6.7%, the market is expected to reach around USD 2.2 billion by 2027. The increasing awareness about personal safety, coupled with the growing adoption of wearable technology, is driving this expansion. Additionally, the rise in urbanization and corresponding safety concerns are contributing to heightened demand for personal safety alarms. Technological advancements, including integration with mobile apps and smart home systems, further enhance the market potential.
Opportunity analysis reveals significant growth potential in emerging markets where safety concerns are escalating due to urban migration and rising crime rates. Regions such as Asia-Pacific and Latin America are witnessing increased adoption of personal safety alarms driven by rising disposable incomes and a growing middle class. These regions offer lucrative opportunities for market players to expand their presence and capture new customer segments. Furthermore, the increasing trend towards self-defense and personal security solutions among various demographics, including elderly individuals and lone travelers, is anticipated to fuel market growth.
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SABRE
Mace Security International
Streetwise Security
JNE Security
Nano Banshee
VitalCall
Vigilant
Doberman Security
GE
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Personal Safety Alarms Market
Adults
Children
Based on Types the Market is categorized into Below types that held the largest Personal Safety Alarms market share In 2023.
Active Alarm
Passive Alarm
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Personal Safety Alarms Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Personal Safety Alarms Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Personal Safety Alarms Market, By Type
6. Global Personal Safety Alarms Market, By Application
7. Global Personal Safety Alarms Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Personal Safety Alarms Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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