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Intruder Alarm System Industry Outlook 2025-2029: Market Set to Cross $3.82 Billion Milestone
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Intruder Alarm System Market Size By 2025?
In the past few years, the intruder alarm system market has experienced significant growth. Expected to expand from $2.46 billion in 2024 to $2.68 billion in 2025, this growth represents a compound annual growth rate (CAGR) of 9.0%. The surge during this historic period has been fueled by the rise in wireless and connected security solutions, increased popularity of remote monitoring services, a higher quantity of security systems, the widespread use of mobile-based security applications, and heightened urbanization.
How Big Is the Intruder Alarm System Market Size Expected to Grow by 2029?
The market for intruder alarm systems is predicted to experience a substantial increase in the upcoming years, ballooning to a value of $3.82 billion in 2029 with a 9.3% compound annual growth rate (CAGR). Factors contributing to this surge during the forecast period include a rise in smart home acceptance, increasing demands for IoT-empowered security apparatuses, a heightened consumer consciousness regarding security solutions, a spike in cloud-based security applications, and a strengthened focus on cybersecurity. Significant trends predicted in the forecast period incorporate the usage of biometric technology, video security setups, the implementation of cloud security, the exploitation of artificial intelligence, the appropriation of Do-It-Yourself home security configurations, and the progression of technology.
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Which Key Market Drivers Powering Intruder Alarm System Market Expansion and Growth?
The escalation in crime rates is anticipated to fuel the expansion of the intruder alarm system market in the future. These rates denote the frequency or instances of crime within a specific location or demographic over a set timeframe. Several factors such as economic uncertainty, social disorder, and gang-related activities are attributed to the rise in crime rates. Intruder alarm systems play a significant role in curtailing crime by serving as a deterrent via their visibility, enabling immediate alerts to relevant authorities or specific contacts in the instance of a breach, and allowing surveillance potentiality to gather evidence of ongoing break-ins. For instance, the Office for National Statistics, a government department in the UK, reported a 4% upswing in crime in England and Wales in October 2023 for the year ending June 2023 compared to the preceding year. This surge elevated the entirety of reported crimes to 6.7 million, from the previous 6.5 million in the year concluding in June 2022. Consequently, the rising crime rates are propelling the growth of the intruder alarm system market.
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What Trends Will Shape the Intruder Alarm System Market Through 2029 and Beyond?
Leading organizations in the intruder alarm system sector are aiming to develop superior products like wireless alarm systems, which ensure trustworthy and sturdy security solutions. These wireless alarm systems are security structures that sense potential intrusions or emergencies and alarm the users about them through wireless communication mechanisms. For example, Hangzhou Hikvision Digital Technology Co. Ltd., a manufacturing firm based in China, introduced the AX HOME series wireless alarm system in April 2024, a convenient home security system. The system, utilizing the open things access protocol, paves the way for better integration with external devices, and provides straightforward deployment, scalability, bidirectional authentication, data encryption, and increased transmission productivity. The AX HOME series is a maintenance-friendly design that offers low upkeep costs, simple online and mobile app management, and easy installation. The control panel delivers a prompt and effortless security solution demanding just a couple of easy steps from users for activation.
What Are the Emerging Segments in the Intruder Alarm System Market?
The intruder alarm system market covered in this report is segmented -
1) By Type: Wired Alarm System, Wireless Alarm System, Hybrid Alarm System
2) By Component: Hardware, Software, Services
3) By Application: Residential, Commercial And Industrial
Subsegments:
1) By Wired Alarm System: Hard-wired Alarm System, IP-based Wired Alarm System
2) By Wireless Alarm System: Cellular Wireless Alarm System, Wi-Fi Wireless Alarm System, Radio Frequency (RF) Wireless Alarm System
3) By Hybrid Alarm System: Hybrid Wired And Wireless System, Hybrid IP-based And Wireless System
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Who Are the Global Leaders in the Intruder Alarm System Market?
Major companies operating in the intruder alarm system market are Honeywell International Inc., Johnson Controls International plc, Securitas AB, Hangzhou Hikvision Digital Technology Co. Ltd., Assa Abloy Group, ADT Inc., Godrej & Boyce Mfg. Co. Ltd., Robert Bosch GmbH, Vivint Smart Home Inc., Nortek Security & Control LLC, UTC Fire & Security Americas Corporation Inc., Stanley Black & Decker Inc., SimpliSafe Inc., Godrej & Boyce Mfg. Co. Ltd., Napco Security Technologies Inc., Visonic Ltd., RISCO Group, Frontpoint Security Solutions LLC, DSC (Digital Security Controls), AlarmForce Industries Inc., Banham Patent Locks Limited, Pyronix Limited
Which are the Top Profitable Regional Markets for the Intruder Alarm System Industry?
North America was the largest region in the intruder alarm system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intruder alarm system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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