Press release
Comprehensive Alarm Monitoring Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Alarm Monitoring
Alarm Monitoring Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the alarm monitoring market has experienced consistent growth. It is projected to escalate from a market size of $59.46 billion in 2024 to $63.09 billion in 2025, representing a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this traction during the previous period include an increase in criminal activities, the incorporation of home security systems, heightened alertness regarding fire safety measures, development of commercial and residential infrastructure, and an augmented demand for electronic security systems.
Alarm Monitoring Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for substantial growth in the size of the alarm monitoring market in the upcoming years. It is projected to expand to a staggering $82.67 billion by 2029, with an impressive compound annual growth rate (CAGR) of 7.0%. This predicted growth for the forecasted period is attributed to several factors including the enhancement of advanced video analytics, a heightened emphasis on cybersecurity within alarm systems, the shift towards 5g technology for more efficient and dependable monitoring, increasing urbanization, and a surge in homelessness. Forecasted trends involve the progression in sensor technologies, the introduction of alarm monitoring applications on mobile platforms, transition towards cloud-based solutions for alarm monitoring, amalgamation of alarm systems and home automation, and cooperation between alarm monitoring firms and law enforcement groups to enhance response times.
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What Are the Drivers Transforming the Alarm Monitoring Market?
The escalating cognizance of household protection is predicted to propel the advancement of the alarm monitoring market in the future. A surge in thefts and break-ins is enhancing consciousness about home security measures among residential premises and commercial buildings alike. Alarm monitoring stands out as one of the speediest channels for comprehensive communication between the home security mechanism and the security service provider's primary hub. For example, a study published by SafeWise, a US-based home security enterprise, indicated that in May 2023, 27% of Americans reported having faced property crime in 2021, and half of them opined that they could become victims of property crime. Consequently, the growing cognizance of household protection is stimulating the appeal for the alarm monitoring market.
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What Long-Term Trends Will Define the Future of the Alarm Monitoring Market?
The primary trend gaining traction in the alarm monitoring market is product innovation. Major firms active in the sector are concentrating their efforts on creating technologically superior products to solidify their market dominance. For example, Optex, a Japanese firm known for its high-quality sensing technologies, launched GENIO Map Cloud in 2022. This is the world's first real-time cloud-based burglar alarm monitoring platform designed for consumers, offering affordability and a range of features. The GENIO Map Cloud solution handles security management for small to medium-sized entities such as gated communities, factories, and storehouses. The necessity for setting up or maintaining costly, sophisticated network systems is eliminated with the debut of the GENIO Map Cloud alarm monitoring software, which can be accessed from any location with an internet link and a web browser.
Which Segments in the Alarm Monitoring Market Offer the Most Profit Potential?
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 Firms Dominate the Alarm Monitoring Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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
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