Global Smart Personal Safety and Security Device Market is expected to reach USD 5,503.87 Million by 2025 at a CAGR of 11.00% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. The global smart personal safety and security device market is driven by increasing crime rates against children and women as well as consumer inclination towards highly advanced smart wearables. These factors have helped shape the smart personal safety and security device market and are expected to boost the growth. Companies in the smart personal safety and security device market could also face challenges such as high costs of these devices and lack of awareness. The details covered in the Smart Personal Safety and Security Device Market report cover all the aspects of the industry. Smart personal safety and security device market analysts have also shared growth projections in the report and have suggested market players to plan growth strategies accordingly.
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The global smart personal safety and security device market has been segmented based on end-users and type. On the basis of end-users, the market for smart personal safety and security device is segmented based on defense, BFSI, healthcare, consumers, telecommunications, factories, and others. Additionally, the market on the basis of type, is segmented into smart personal safety (smart mouth guard, smart helmet, smart knee guard, and other devices), smart personal security (wearable devices (pendant, bracelet, ring, and other devices), personal alarm, bulletproof bags, fall detection device, panic button, and other devices).
Factors like integration of advancing technologies and growing interest in wearables support the smart personal safety and security device market growth. The performance of the smart personal safety and security device market has also been studied for the past and current years. Additionally, the smart personal safety and security device market report provides analysis of these segments. The smart personal safety and security device market segmental analysis provided in the report offers major details about the smart personal safety and security device market performance and future.
Players leading the market include Ericsson (Sweden), Force Impact Technologies Inc. (US), Honeywell International Inc. (US), Unaliwear, Inc. (US), Daqri, LLC (US), Huawei Technologies Co. Ltd. (China), Fitbit, Inc. (US), General Electric Company (US), Revolar, Inc. (US), Safelet B.V. (The Netherlands), ADT, Inc. (US), 100Plus, Inc. (US), and KORE Wireless Group (US), among others.
Companies in the smart personal safety and security device market are spread across the world. The smart personal safety and security device market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American smart personal safety and security device market has many companies across the United States, Canada, and Mexico. Europe has companies in the smart personal safety and security device market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the smart personal safety and security device market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The smart personal safety and security device market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the smart personal safety and security device market can be found in the market research report.
In April 2020, 100Plus launched their remote patient monitoring platform which works in conjunction with their remote patient monitoring devices such as the blood pressure cuffs, blood glucose monitors and their digital weight scale.
In December 2019, KORE Wireless Group acquired Integron, an industry leading IoT solutions and managed services provider focused on the connected health market. The acquisition will allow the combined entity will leverage the combined technological advancements to drive smart health connectivity.
In December 2019, ADT, Inc partnered with Senior Helpers, a leading provider of in-home senior citizen care services. Under the terms of this partnership, ADT will introduce its medical alert systems to senior caregivers, hence allowing seniors more options to age in place while enjoying their current lifestyle.
In May 2018, Revolar announced a partnership with The Davis Phinney Foundation, an organization that assists people living with Parkinson’s Disease. The partnership allows buyers who purchase Revolar devices through The Davis Phinney Foundation a special discounted pricing and Revolar will donate to the Foundation.
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