(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 09, 2021, 08:29 /Comserve / -- The Global Alarm Monitoring Market is expected to be around US$ 65.40 Billion by 2025, at a CAGR 5.5% between 2019 and 2025.
This system allows service providers regarding the medical emergency, burglar, and fire at home. The major factors driving the growth of the alarm monitoring market include attractive insurance policy discounts for installing security systems and increasing popularity of smart homes and home automation systems.
The Global Alarm Monitoring Market is expected to be around US$ 65.40 Billion by 2025, at a CAGR 5.5% between 2019 and 2025.
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Alarm monitoring systems allow immediate medical services in case of medical emergencies; this is also anticipated to propel the global alarm monitoring market growth in coming future. However, growth in crimes and increasing insurance policies with installed security systems is anticipated to foster the global market growth. In addition, highly accepted home automation systems are propelling the growth of the alarm monitoring market.
Global Alarm Monitoring market is segregated on the basis of application as vehicle alarm monitoring, equipment monitoring, environmental monitoring, building alarm monitoring. Based on input signal, the global Alarm Monitoring market is segmented in analog, protocol and discrete. The report also bifurcates global Alarm Monitoring market based on communication technology in cellular wireless network, wired telecommunication network, wireless radio network.
Global Alarm Monitoring market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Alarm Monitoring market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Honeywell, Vivint, ADT, Sector Alarm are among the major players in the global Alarm Monitoring market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Alarm Monitoring Market has been segmented as below:
Alarm Monitoring Market, by Application
Vehicle Alarm Monitoring
Equipment Monitoring
Environmental Monitoring
Building Alarm Monitoring
Alarm Monitoring Market, by Input Signal
Analog
Protocol
Discrete
Alarm Monitoring Market, by Communication Technology
Cellular Wireless Network
Wired Telecommunication Network
Wireless Radio Network
Alarm Monitoring Market, By Region
North America
Europe
Asia Pacific
Rest of World
The report covers:
Global Alarm Monitoring market sizes from 2016 to 2025, along with CAGR for 2019-2025.
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Alarm Monitoring market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Alarm Monitoring market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report scope:
Global Alarm Monitoring market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Alarm Monitoring market share. Major industry players with significant revenue share include Bosch, Honeywell, ABB, Vivint etc.
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