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Key Trends Influencing the Growth of the Burglar Alarm Systems Market in 2025: Smart Arming Features Enhance User Security
Burglar Alarm Systems Market
What Is the Expected CAGR for the Burglar Alarm Systems Market Through 2025?
In recent times, there has been a robust growth in the market size of burglar alarm systems. The market is expected to increase from $5.9 billion in 2024 to about $6.44 billion in 2025, representing a compound annual growth rate (CAGR) of 9.1%. Several drivers of this growth in the past have been identified, including escalation in crime rates, need for home and property protection, reductions in insurance premiums, expansion of urban areas and population growth, as well as governmental efforts towards public safety.
What's the Projected Size of the Global Burglar Alarm Systems Market by 2029?
In the coming years, the burglar alarm systems market is anticipated to experience robust growth, with its size projected to reach $8.84 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.2%. The growth during this forecast period can be traced back to the incorporation of artificial intelligence, a surge in cloud-based security solutions, smart city initiatives, inclusion of biometric authentication and the advent of energy-efficient and environmentally friendly solutions. The forecast period will also see trends such as mobile app advancements, enhanced technology integration, breakthroughs in sensor technology, assimilation into smart homes and incorporation with video monitoring systems.
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Top Growth Drivers in the Burglar Alarm Systems Industry: What's Accelerating the Market?
The uptick in smart home popularity is projected to spur the burglar alarm system market's growth. Smart homes, which are abodes equipped with networked devices and systems that can be controlled remotely and automated, increase comfort, energy efficiency, and safety for inhabitants. In such homes, complex burglar alarm systems offer off-site monitoring, notifications, and automation for heightened security and ease using intelligent sensors, cameras, and mobile apps. For example, a report from Data Conomy, a Germany-based data-driven technology news, events, and expert opinion portal, stated that as of June 2022, an average global home contained 17.1 connected gadgets and smart home appliances - a 10% increase from the same period in the previous year. Consequently, the growth in smart home popularity is anticipated to bolster the burglar alarm system market. Burglar Alarm Systems Market Driver: Surge in Crime Rates Boosting Demand for Burglar Alarm Systems
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What Trends Will Shape the Burglar Alarm Systems Market Through 2029 and Beyond?
In an attempt to enhance user security and convenience through remote control and gain an upper hand in the market, major players in the burglar alarm systems industry are prioritizing innovative features like smart arming. Smart Arming is a feature that cleverly auto-arms and disarms depending on user activity. As an illustration, Alarm.com, an American company that offers home smart alarm security systems, introduced the smart arming feature in December 2022. This capability allows customers to set the times when they want their system to be armed or disarmed. If the system detects activity or movement beyond these specified hours (for example, if someone wakes up early and goes downstairs before the set time), it disarms immediately.
What Are the Main Segments in the Burglar Alarm Systems Market?
The burglar alarm systems market covered in this report is segmented -
1) By Type: Wireless Burglar Alarm Systems, Wired Burglar Alarm Systems
2) By Component, Hardware, Software, Services
3) By Application, Commercial And Industrial Applications, Residential Applications
Subsegments:
1) By Wireless Burglar Alarm Systems: Wi-Fi-Based Wireless Systems, GSM-based Wireless Systems, Bluetooth-Enabled Wireless Systems
2) By Wired Burglar Alarm Systems: Analog Wired Systems, Digital Wired Systems, Hybrid Wired Systems
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Which Top Companies are Driving Growth in the Burglar Alarm Systems Market?
Major companies operating in the burglar alarm systems market report are Siemens AG, Panasonic Corporation, Honeywell International Inc., Johnson Controls International PLC, Adobe Inc., ASSA ABLOY AB, Hangzhou Hikvision Digital Technology Co. Ltd., Securitas AB, ADT Inc., Brinks Home, Vivint Smart Homes Inc., Axis Communications AB, Alarm.com, UTC Fire & Security, SimpliSafe Inc., Ring Inc., Napco Security Technologies Inc., Risco Group, Guardian Protection Services Inc., Banham Group, Frontpoint Security Solutions LLC, Inovonics Wireless Corporation, Interlogix, Eufy, Active Total Security Systems
Which Regions Will Dominate the Burglar Alarm Systems Market Through 2029?
North America was the largest region in the burglar alarm system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the burglar alarm systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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