Alarm Monitoring is a system which provides quick
and detailed communication between home security system and central station of
security provider. Motion detectors, door sensors, flood sensors, smoke
detectors, carbon monoxide detectors, tamper sensors are different types of
home security alarms.
Rising adoption of security system has become a
key factor in target market growth. Growing technological advancement in
communication technology from traditional monitoring over telephone lines to
monitoring system which exploit wireless, digital, and cellular communication
to provide excellent, more convenient and more reliable monitoring to consumers
which has propel market growth. Further, rising smart city projects with
multiple smart devices and advanced technology is expected to boost the demand
for Alarm Monitoring Market over the forecast period.
The report “Alarm Monitoring Market, By
Communication Technology (Wired Telecommunication Network and IP Network), By
Input Signal (Analog Signal, Discrete Signal, and Protocol Signal), By
Component (Remote Terminal Unit, Alarm Sensors, Motion Detection Sensor,
Central Monitoring Receivers, and Communication Networks & Gateways), By
End User (Vehicle Alarm Monitoring and Building Alarm Monitoring), and By
Region (North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa) - Trends, Analysis and Forecast till 2032”
Key Highlights:
·
In February
2022, Optex launched new world’s first real time cloud-based burglar alarm
monitoring software “GENIO Map Cloud” with fulfilling features at affordable
costs. Newly launched “GENIO Map Cloud” helps in managing security workflow for
alarm monitoring and management of factories, gated communities, and warehouses
·
In March 2022,
Sheffield Children’s Hospital and Tutum Medical developed new bedside
monitoring system “BEAMS” to improve response time for critical alarms leading
to improved patient outcomes with better workflow reduction in hospital cost.
Analyst View:
The key factor driving the growth of the Alarm
Monitoring market is rising adoption of IoT (Internet of Things). Constant
development in security technology with newer innovations to improve security
of business, individuals through augmentation of alarm sensors and cameras has
further facilitated the growth of Alarm Monitoring market. Furthermore, rapid
growth in urban population and growth in smart cities is expected to fruitful
demand for Alarm Monitoring market in coming years. As a result, market competition is intensifying,
and both big international corporations and start-ups are vying to establish
position in the market.
Browse 60 market data tables*
and 35 figures* through 140 slides and in-depth TOC on “Alarm Monitoring Market, By
Communication Technology (Wired Telecommunication Network and IP Network), By
Input Signal (Analog Signal, Discrete Signal, and Protocol Signal), By
Component (Remote Terminal Unit, Alarm Sensors, Motion Detection Sensor,
Central Monitoring Receivers, and Communication Networks & Gateways), By
End User (Vehicle Alarm Monitoring and Building Alarm Monitoring), and By
Region (North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa) - Trends, Analysis and Forecast till 2032”
To know the upcoming trends and insights
prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Alarm-Monitoring-Market-By-3399
Key Market Insights from the report:
Alarm Monitoring Market accounted for US$ 56.9 billion in 2022 and is
estimated to be US$ 102.9 billion by 2032 and is anticipated to register a CAGR
of 5.8%. The Alarm Monitoring Market is segmented based on
Communication Technology, Input Signal, Component, End-User and Region.
·
Based
on Communication Technology, Alarm Monitoring Market is segmented into Wired Telecommunication Network and IP Network.
·
Based
on Input Signal, Alarm Monitoring Market is segmented into Analog Signal, Discrete Signal, and Protocol
Signal.
·
Based
on Component, Alarm Monitoring Market is segmented into Remote Terminal Unit, Alarm Sensors, Motion
Detection Sensor, Central Monitoring Receivers, and Communication Networks
& Gateways.
·
Based
on End-User, Alarm Monitoring Market is segmented into Vehicle Alarm Monitoring and Building Alarm
Monitoring.
·
By Region,
the Alarm Monitoring Market is segmented into North America, Europe, Asia
Pacific, Latin America, Middle East & Africa
Competitive Landscape & their strategies
of Alarm Monitoring Market
The prominent players operating in the Alarm
Monitoring Market includes, ADT Corporation, ABB Ltd.,
Diebold, Inc., Siemens AG, Tyco International, UTC, Rockwell Automation, Inc.,
Honeywell International, Schneider Electric SE, United Technologies
Corporation, and others.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent technological
advances and innovations influencing the global market are included in the
report.
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