According to a market report by Lucintel, 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 from $0.10 million in 2024, at 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 to understand trends, opportunity and forecast in personal safety alarm market to 2030 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).
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.
Through 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.
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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.
SABRE, Mace Security International, Streetwise Security, JNE Security, Nano Banshee, VitalCall, Vigilant, Doberman Security, GE are the major suppliers in the personal safety alarm market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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