How much is the alarm systems and equipment market worth, and how is it expected to expand?
The alarm systems and equipment market size has grown steadily in recent years. It will grow from $3.96 billion in 2024 to $4.15 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to security concerns and crime rates, regulatory standards and compliance, urbanization and population growth, insurance industry influence, industry competition and market expansion.
The alarm systems and equipment market size is expected to see steady growth in the next few years. It will grow to $4.95 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to market competition and innovation, emergence of DIY solutions, environmental sustainability, data privacy and cybersecurity, urban development and expansion. Major trends in the forecast period include enhanced emergency response, predictive analytics, voice control integration, wireless technology advancements, energy efficiency focus, mobile app integration.
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How has the alarm systems and equipment market evolved, and what factors have shaped its growth?
The alarm system and equipment market is driven by increasing investments driven by safety and security concerns among households. Consumers are more focused on security than before, mostly in residential areas with an increase in crime rates. Smart home devices such as smart alarms and related equipment are being preferred by households to be safer and secure. As reported by home burglary statistics, homes without security systems are 300% more likely to be vulnerable to burglary. According to the Insurance Information Institute In 2022, 1,001,967 vehicles were stolen in the US, which is a 7% increase from 2021 which emphasizes the future potential for the alarm system, and equipment.
What are the major segments of the alarm systems and equipment market?
The alarm systems and equipment market covered in this report is segmented –
1) By Communication Technology: Wired Telecommunication Network, Cellular Wireless Network, Wireless Radio Network, IP Network
2) By Offering: System Hardware, Solutions
3) By End-User: Residential , Commercial, Industrial
Subsegments:
1) By Wired Telecommunication Network: Traditional Telephone Line Systems, Ethernet-Based Wired Systems, Coaxial Cable Systems, Twisted Pair Systems
2) By Cellular Wireless Network: GSM-Based Alarm Systems, LTE/4G Alarm Systems, 5G Alarm Systems, SIM Card-Based Communication Systems
3) By Wireless Radio Network: Radio Frequency (RF) Based Alarm Systems, Z-Wave and Zigbee Wireless Systems, Proprietary Wireless Communication Protocols, Mesh Networking Systems
4) By IP Network: Networked Alarm Systems (Using LAN/WAN), Cloud-Based Monitoring Systems, VoIP Communication Systems, IP Cameras and Surveillance Systems
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Which companies dominate the alarm systems and equipment market?
Major companies operating in the alarm systems and equipment market include Monitronics International Inc., Robert Bosch GmbH, Siemens AG, United Technologies Corporation, Chubb Fire & Security Ltd., Burg-Wächter KG, Schneider Electric SE, Honeywell International Inc., Johnson Controls International plc, Carrier Global Corporation, Stanley Black & Decker Inc., Securitas AB, Hikvision Digital Technology Co., Assa Abloy AB, ADT Inc., Allegion plc, Godrej & Boyce Manufacturing Company Limited, Vivint Smart Home Inc., Axis Communications AB, Alarm.com Holding Inc., Dahua Technology Co. Ltd., Vector Security Inc., Vanderbilt Holding Company Inc., Nortek Security & Control LLC, Brivo Inc., Bosch Security Systems Inc., RISCO Group NV, Qolsys Inc., Hanwha Techwin Co. Ltd., FLIR Systems Ltd., Gunnebo AB
How will evolving trends contribute to the growth of the alarm systems and equipment market?
Companies in the alarm system and equipment market are increasingly investing in wireless protocols for fire detection. Fire safety systems find applicability at homes, many government offices, private offices, public places. Alarm systems and equipment are primarily designed to warn occupants of trouble, so they can safely leave the premises. For instance, a wireless technology, ZigBee developed by Zigbee Alliance has gained attention for its application in fire early detection. Some of the key companies are manufacturing home alarm systems including Honeywell International, Inc., Bosch Security Systems, Alarm.com, ADT Corp., and Nortek Security & Control.
What are the key regional dynamics of the alarm systems and equipment market, and which region leads in market share?
The countries covered in the alarm systems and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Does The Alarm Systems And Equipment Market Report 2025 Offer?
The alarm systems and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Alarm systems and equipment are the devices that give an audible, visual or other form of alarm signal about a problem or condition and can perform functions such as access control, lighting and heating control in homes or buildings.
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