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.

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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