Personal Safety Alarm Market Report: Trends, Forecast and Competitive Analysis to 2030

Personal Safety Alarm Trends and Forecast

The future of the global personal safety alarm market looks promising with opportunities in the online and offline markets. The global personal safety alarm market is expected to reach an estimated $0.14 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are growing demand for child safety alarms owing to rising concern for children's safety in school and playgrounds, rise in global awareness regarding security concerns among individuals worldwide, and introduction of new products with advanced features like GPS tracking systems and SOS call assistance systems.

A more than 150-page report is developed to help in your business decisions.

Personal Safety Alarm by Segment

The study includes a forecast for the global personal safety alarm by type, application, distribution channel, and region.

Personal Safety Alarm Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Mobile Phone App
• Stand-Alone Devices
• Vehicle-Based
• Others

Personal Safety Alarm Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Adults
• Children

Personal Safety Alarm Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Offline
• Online

Personal Safety Alarm Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Personal Safety Alarm Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies personal safety alarm companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the personal safety alarm companies profiled in this report include-

• SABRE
• Mace Security International
• Streetwise Security
• JNE Security
• Nano Banshee
• VitalCall
• Vigilant
• Doberman Security
• GE

Personal Safety Alarm Market Insights

Lucintel forecasts that mobile phone app will remain the largest segment over the forecast period because it has emergency panic buttons that assist the apps to offers safety to the users.

Within this market, offline will remain the larger segment over the forecast period because physical retail remains the most potent distribution channel providing consumers with the tactile experience that profoundly influences their purchasing decisions, as well as enables customers to inspect products firsthand before making a purchase in brick-and-mortar stores.

North America will remain the largest region over the forecast period because the region is experiencing a substantial increase in product awareness, rising crime rate, and significant growth within the e-commerce industry.

Features of the Global Personal Safety Alarm Market

Market Size Estimates: Personal safety alarm market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Personal safety alarm market size by type, application, distribution channel, and region in terms of value ($B).

Regional Analysis: Personal safety alarm market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, distribution channels, and regions for the personal safety alarm market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the personal safety alarm market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the personal safety alarm market size?

Answer: The global personal safety alarm market is expected to reach an estimated $0.14 billion by 2030.

Q.2 What is the growth forecast for personal safety alarm market?

Answer: The global personal safety alarm market is expected to grow with a CAGR of 8.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the personal safety alarm market?

Answer: The major drivers for this market are growing demand for child safety alarms owing to rising concern for children's safety in school and playgrounds, rise in global awareness regarding security concerns among individuals worldwide, and introduction of new products with advanced features like GPS tracking systems and SOS call assistance systems.

Q4. What are the major segments for personal safety alarm market?

Answer: The future of the personal safety alarm market looks promising with opportunities in the online and offline markets.

Q5. Who are the key personal safety alarm market companies?

Answer: Some of the key personal safety alarm companies are as follows:

• SABRE
• Mace Security International
• Streetwise Security
• JNE Security
• Nano Banshee
• VitalCall
• Vigilant
• Doberman Security
• GE

Q6. Which personal safety alarm market segment will be the largest in future?

Answer: Lucintel forecasts that mobile phone app will remain the largest segment over the forecast period because it has emergency panic buttons that assist the apps to offers safety to the users.

Q7. In personal safety alarm market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to region is experiencing a substantial increase in product awareness, rising crime rate, and significant growth within the e-commerce industry.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the personal safety alarm market by type (mobile phone app, stand-alone devices, vehicle-based, and others), application (adults and children), distribution channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?