The smart personal safety & security device market is growing rapidly. Factors such as the increasing crime rate and criminal activities against women and children drive the market growth. Besides, the rising demand for improved safety features and security measures boosts the smart personal safety and security device market size.
The intense competition in this field encourages device manufacturers to differentiate their product offerings to beat the competition. They also make substantial investments in product development, which, as a result, foster the smart personal safety and security device market share.
With the rapid urbanization and population growth worldwide, the market value is projected to substantiate further in the years to come. In this regard, Market Research Future (MRFR) asserts that the global Smart Personal Safety and Security Device Market would garner exponential traction by 2027, growing at an impressive CAGR during the forecast period (2020 – 2027)
Smart Personal Safety & Security Device Market – Segmentation
The MRFR analysis is segmented into types, end-users, and regions. The type segment is sub-segmented into smart personal security and smart personal safety devices. The sub-segment smart personal security is bifurcated into wearable devices, including bracelets, pendants, rings, and other devices, such as bulletproof bags, personal alarms, panic buttons, fall detection devices, other devices.
Similarly, the sub-segment smart personal safety device is bifurcated into smart helmets, smart mouth guards, smart knee guards, other devices. The end-user segment is sub-segmented into consumers, defense, factories, BFSI, healthcare, telecommunications, and others. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and rest-of-the-world.
Get Free Sample Copy Report of Smart Spaces Market@ https://www.marketresearchfuture.com/sample_request/1866
Smart Personal Safety & Security Device Market – Competitive Landscape
Competitive by nature, the smart personal safety and security device market is envisaged to witness intensified competition with more entrants getting attracted to the market. Due to the presence of several large and small key players, the market appears fragmented.
Players leading the market include Ericsson (Sweden), Force Impact Technologies Inc. (US), Honeywell International Inc. (US), Unaliwear, Inc. (US), Daqri, LLC (US), Huawei Technologies Co. Ltd. (China), Fitbit, Inc. (US), General Electric Company (US), Revolar, Inc. (US), Safelet B.V. (The Netherlands), ADT, Inc. (US), 100Plus, Inc. (US), and KORE Wireless Group (US), among others.
Smart Personal Safety & Security Device Market – Regional Analysis
Globally, North America accounts for a significant share in the global public and personal safety device market. Factors such as the massive adoption of advanced technologies and the growing demand for safety and comfort features drive the regional market’s growth. The US, among other North American countries, accounts for the dominating share in the regional market.
Access Complete Report @ https://www.marketresearchfuture.com/reports/smart-personal-safety-security-device-market-1866
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.