About Smart Personal Safety and Security Device
Smart personal safety and security device are for general recognition and avoidance of the potential harmful threat or situation in surroundings. The smart security devices include a wide range of products like self-defense keychains, personal alarms, smartwatches, micro stun guns, smart jewelry, tactical pen, smart helmet, and any software system. These devices can be used by women, men, kids as well for their personal safety and security as it comes with various features enhancing the security capability.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Force Impact Technologies Inc. (United States), Ericsson (Sweden), Fitbit, Inc. (United States), Honeywell Commercial Security (United States), General Electric Company (United States), ADT Inc. (United States), Ame Safety & Security (Italy), Blackline Safety Corp. (Canada) and 100Plus, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Smart Personal Safety and Security Device market by Type (Self-Defense Keychain, Personal Alarm, Smart Watches, Micro Stun Gun, Smart Jewelry, Tactical Pen, Smart Helmet, Software System and Others), Application (Personal Usage, BFSI, Healthcare, Telecommunication, Defense, Consumer Electronics and Others) and Region.
On the basis of geography, the market of Smart Personal Safety and Security Device has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2024. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Smart Personal Safety and Security Device market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Women will boost the Smart Personal Safety and Security Device market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Smart Watches as a Smart Personal Safety and Security Device
Market Growth Drivers:
Growing Threat and Concern for Women's and Children's Personal Safety and Need for the Wearable Security Devices for Personal Safety
Challenges:
High Cost Associated with Smart Personal Safety and Security Device
Restraints:
Regulatory Compliance with the IoT Devices and its Privacy Data Concerns
Opportunities:
Surging Demand for the Smart Personal Safety and Security Device Among the Corporate Professionals
Market Leaders and their expansionary development strategies
On 16th February 2021, Blackline Safety Corp. a globally connected worker technology leader acquired Wearable Technologies Ltd, based in Leicester, in the United Kingdom, and operating under the brand name of Eleksen. Focused on the construction and light industrial safety market, WTL has developed a complete platform comprised of smart safety clothing, a cloud-connected safety wearable, personal area networking, sensor partnerships, user portal, software infrastructure, and data analytics.
On 9th December 2020, Smart wearable company invisaWear and ADT announced their collaboration to introduce more advanced mobile safety and monitoring features into invisaWear’s ground-breaking line of wearable personal safety accessories. The partnership brings together ADT’s mobile safety platform and invisaWear’s unique line of lifestyle-inspired safety devices. ADT will also power invisaWear’s companion app, allowing users who feel unsafe to discreetly connect - by voice or SMS chat - with ADT.
Key Target Audience
Smart Personal Safety and Security Device Manufacturers, Smart Personal Safety and Security Device International Traders, Smart Personal Safety and Security Device Distributors and Suppliers, Research and Developers, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.