Press release
Alarm Monitoring Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Alarm Monitoring Market Size
The growing consciousness about the importance of home security is likely to fuel the upward progress of the alarm monitoring market. This is predominantly due to the surge in thefts and burglaries, leading to an elevated sense of security needs among residences and commercial properties. Alarm monitoring serves as one of the most efficient communication channels between the home security system and the security service provider's primary hub. As an example, a 2023 report by SafeWise, an American home security company, indicated that 27% of Americans confessed having a direct encounter with property crimes in 2021, while half of them fear the possibility of becoming victims. Hence, the escalating consciousness about home security is propelling the demand for the alarm monitoring market.
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What is the projected compound annual growth rate (CAGR) of the alarm monitoring market from 2025 to 2034, and what factors influence it?
In recent times, the alarm monitoring market size has seen substantial growth. The market is projected to expand from $59.46 billion in 2024 to $63.09 billion in 2025, achieving a compound annual growth rate (CAGR) of 6.1%. Factors such as increased crime levels, greater acceptance of home security systems, heightened awareness about fire safety, and the development of residential and commercial structures are contributing to the rise. Additionally, the growing need for electronic security systems also plays a significant role in driving this growth.
The market size for alarm monitoring is anticipated to witness significant expansion over the next few years, projecting to reach $82.67 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this estimated growth in the forecast period are associated with the evolution of advanced video analytics, heightened concentration on cybersecurity within alarm systems, the application of 5g technology for more dependable and swifter monitoring, accelerating urbanization, and the increase in homelessness. The forecast period also highlights trends such as progress in sensor technologies, the emergence of mobile-based alarm monitoring applications, a shift towards cloud-based alarm monitoring solutions, the integration of alarm systems with home automation, and partnerships between alarm monitoring businesses and law enforcement for more efficient response times.
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How are the latest trends influencing the growth of the alarm monitoring market?
The rising trend in the alarm monitoring market is product innovation. Major firms in this sector are concentrating their efforts on the creation of technologically advanced goods in order to solidify their market standing. Take for example the Japan-based Optex, which specializes in high-performance sensing technologies, unveiled GENIO Map Cloud in 2022. This is the first cloud-based burglar alarm monitoring platform in the world, featuring affordable prices and a plethora of functionalities, detailed towards consumers. This GENIO Map Cloud solution features a security management system suitable for small to medium-sized operations like gated communities and warehouses. It gets rid of the necessity for expensive, complex networking systems, providing a user-friendly alarm monitoring software that is accessible anyplace with internet connection and web browsing capabilities.
What are the major segments of the alarm monitoring market and their role in driving growth?
The alarm monitoring market covered in this report is segmented -
1) By Offering: Hardware, Software, Services
2) By Communication Technology: Wired Telecommunication Network, Cellular Wireless Network, Wireless Radio Network, IP Network
3) By Input Signal: Analog Signal, Discrete Signal, Protocol Signal
4) By Application: Equipment Monitoring, Vehicle Alarm Monitoring, Building Alarm Monitoring, Environment Monitoring
Subsegments:
1) By Hardware: Alarm Panels, Sensors, Control Keypads, Sirens And Strobe Lights, Video Cameras
2) By Software: Alarm Management Software, Monitoring Software, Mobile Applications, Reporting And Analytics Tools, Integration Software
3) By Services: Monitoring Services, Installation Services, Maintenance and Support Services, Consulting Services, Training Services
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Which regions are key players in the growth of the alarm monitoring market?
North America was the largest region in the alarm monitoring market share in 2024. The regions covered in the alarm monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the alarm monitoring market?
Major companies operating in the alarm monitoring market include ADT security services, ABB Ltd., Ademco Pte Ltd., AT&T Inc., Chubb Community Care Ltd., Comcast Corporation, CPI Security System Inc., Diebold Nixdorf Inc., Engineered Protection Systems Inc., FrontPoint Security Solutions LLC, G4S plc, Global Security Solutions, Guardian Protection Services Inc., Honeywell International Inc., Johnson Controls International plc, Robert Bosch GmbH, Rockwell Automation Inc., Samsung Electronics Co. Ltd., Schneider Electric, Secom Co. Ltd., Sector Alarm AS, Securitas AB, Siemens AG, Simplisafe Inc., Slomin's Inc., Stanley Black & Decker Inc., Trigion Security Services Ltd., Tyco International plc, United Technologies Corporation, Vector Security Inc., Vivint Smart Home Inc.
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What Is Covered In The Alarm Monitoring Global Market Report?
•Market Size Forecast: Examine the alarm monitoring market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the alarm monitoring market for a structured understanding.
•Key Players Overview: Analyze major players in the alarm monitoring market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the alarm monitoring market.
•Segment Contributions: Evaluate how different segments drive overall growth in the alarm monitoring market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the alarm monitoring market.
•Industry Challenges: Identify potential risks and obstacles affecting the alarm monitoring market.
•Competitive Landscape: Review strategic developments in the alarm monitoring market, including expansions, agreements, and new product launches.
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