Data Bridge Market Research analyses that the smart personal safety and security device market is expected to reach USD 74,420.55 million by 2030, which is USD 40,807.76 million in 2022, registering a CAGR of 7.80% during the forecast period of 2023 to 2030.
Smart Personal Safety and Security Device Market research report includes a thorough analysis of the market drivers, restraints, threats, and opportunities while it also addresses the lucrative investment options for the market players in the coming years. A team involved in creating this market report has kept certain things into focus that include the minds of target markets, feelings, preferences, attitudes, convictions and value systems. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in the reliable Smart Personal Safety and Security Device Market report. Estimates at a global as well as regional level are offered by the analysts.
The large scale Smart Personal Safety and Security Device Market report compiles comprehensive intelligence studies that explore almost every aspect of the global market. With a formalized and managerial approach, it has been assured that all the above mentioned factors are understood well and explored neatly in the report. The data and information is extensively researched and analyzed in the report to guide market players to improve their business planning and ensure long-term success. The world class Smart Personal Safety and Security Device Market report also endows with the complete overview of the market that deals with the various aspects such as product definition, market segmentation, and the prevailing vendor landscape.
Data Bridge Market Research analyses that the smart personal safety and security device market is expected to reach
USD 74,420.55 million by 2030, which is
USD 40,807.76 million in 2022, registering a
CAGR of 7.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition:
Smart personal safety and security devices are those devices which are autonomous and user-friendly in nature. These devices are capable of sending an emergency message to family and friends instantly on a single press. Smart personal safety and security devices are connected to the internet wirelessly by a third party tool.
Some of the major players operating in the smart personal safety and security device market are:
- Telefonaktiebolaget LM Ericsson (Sweden)
- Honeywell International Inc. (U.S.)
- DAQRI (U.S.)
- Unaliwear Inc. (U.S.)
- Huawei Technologies Co., Ltd. (China)
- General Electric (U.S.)
- Fitbit, Inc. (U.S.)
- Revolar. (U.S.)
- ADT (U.S.)
- Safelet (U.S.)
- KORE Wireless (U.S.)
- McDavid. (Canada)
- Force Impact Technologies L.L.C (U.S.)
- JARVISH INC. (Taiwan)
- Mammut Sports Group AG (Switzerland)
- 100Plus. (U.S.)
Recent Development
- In 2021, Teledyne FLIR declared the availability of ruggedized advanced smart sensor-equipped thermal cameras A500f/700F for fire detection and high-temperature in severe settings, comprising on-camera analytics and alarm capabilities. These features are perfect for monitoring of industrial fires and early identification.
- In 2021, Fitbit announced the launch of Fitbit Luxe Special and Fitbit Luxe and Edition smart tracker which has designed like jewellery with advanced sensor technology. This tracker delivers monitoring of heart rate variability, breathing rate, resting heart rate and so on.
- In 2020, Climax Technologies revealed its small wireless panic button, through the introduction of a Bluetooth emergency pendant named BR1-WRTSB. With large support from smartphone applications, this device was designed to help with one press of a button during emergencies, both outside and inside the home.
Global Smart Personal Safety and Security Device Market Scope
The
global smart personal safety and security device market is segmented on the basis of product, type, technology and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product:
- Finger Wear
- Head Wear
- Neck Wear
- Other Segments
Type:
- Safety Device
- Smart Helmet
- Smart Mouth Guard
- Smart Knee Guard
- Other Devices
- Security Device
Wearable Devices:
- Bracelet, Pendant
- Ring
- Other Devices
Bulletproof Bags:
- Personal Alarm
- Panic Button
- Fall Detection Device
- Other Devices
Technology:
- Networking
- Positioning
- Sensor
- Speech Recognition
Industry:
- BFSI
- Healthcare
- Telecommunication
- Defense
- Consumer Electronics
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