PUBLISHER: TechSci Research | PRODUCT CODE: 1881506
PUBLISHER: TechSci Research | PRODUCT CODE: 1881506
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The Global Smart Personal Safety and Security Device Market, valued at USD 12.20 Billion in 2024, is projected to experience a CAGR of 16% to reach USD 29.72 Billion by 2030. Smart personal safety and security devices are wearable or portable electronic solutions that integrate advanced technologies to enhance individual safety through features such as real-time tracking, emergency alerts, and environmental monitoring.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 12.20 Billion |
| Market Size 2030 | USD 29.72 Billion |
| CAGR 2025-2030 | 16% |
| Fastest Growing Segment | Telecommunication |
| Largest Market | North America |
Key Market Drivers
The Global Smart Personal Safety and Security Device Market is significantly propelled by two primary factors: increasing global safety and security concerns, and advancements in smart technology integration. Heightened anxieties regarding personal well-being, including rising perceptions of crime and the need for immediate assistance in emergencies, are driving consumer and professional demand for proactive safety solutions. Individuals and organizations are actively seeking reliable technologies that offer peace of mind through enhanced monitoring and rapid response capabilities.
Key Market Challenges
Concerns regarding data privacy, security breaches, and the potential for misuse of personal location and biometric information collected by connected devices present a substantial impediment to the growth of the Global Smart Personal Safety and Security Device Market. This challenge directly erodes consumer trust, a critical factor for the adoption of devices designed for personal safety. Potential users become hesitant to integrate solutions that collect sensitive data, such as real-time location and biometric identifiers, if they perceive a high risk of this information being compromised or exploited.
Key Market Trends
Convergence of Personal Safety and Health Tracking: This trend integrates safety functionalities with advanced health monitoring in smart personal devices. Features like fall detection and emergency alerts combine with continuous vital sign tracking, enhancing holistic user well-being and broadening appeal. According to the Consumer Technology Association (CTA), in January 2024, U. S. consumer technology industry retail revenues were projected to grow 2.8% to $512 billion, driven partly by increased health and fitness tech spending. For example, Pocket-lint noted in March 2024 that the Samsung Galaxy Watch's hard fall detection automatically sends SOS alerts to emergency contacts, illustrating this combined function. This integrated approach provides a proactive safety net and improved health management.
In this report, the Global Smart Personal Safety and Security Device Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Smart Personal Safety and Security Device Market.
Global Smart Personal Safety and Security Device Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: