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Global Smart Personal Safety and Security Device Market Size, Trends, and Growth Opportunity, By Product (Finger Wear, Head Wear, Neck Wear, Other Segments), Type (Safety Device, Security Device), Industry (BFSI, Healthcare, Telecommunication, Defense, Consumer Electronics), Technology (Networking Technology, Positioning, Sensor, Speech Recognition) By Region and forecast till 2030.


Report ID : IR1002305 | Industries : Healthcare | Published On :July 2024 | Page Count : 232

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  • Global Smart Personal Safety and Security Device Market Size, Trends, and Growth Opportunity, By Product (Finger Wear, Head Wear, Neck Wear, Other Segments), Type (Safety Device, Security Device), Industry (BFSI, Healthcare, Telecommunication, Defense, Consumer Electronics), Technology (Networking Technology, Positioning, Sensor, Speech Recognition) By Region and forecast till 2030.
    Global Smart Personal Safety and Security Device Market
    The Global Smart Personal Safety and Security Device Market was valued at USD 40907.12 million in 2022 and is slated to reach USD 74452.45 million by 2030 at a CAGR of 7.73 % from 2023-2030. 
    Devices that are autonomous and user-friendly are considered to be smart personal safety and security devices. These gadgets can rapidly notify loved ones of an emergency with just one press. A third-party tool wirelessly connects smart personal security and safety equipment to the internet.
    Market Drivers
    The market's rise can be attributed in large part to consumer preference for advanced smart wearables or linked wearables for personal security and protection. The increasing consumer preference for smart wearables such as smart bands, smartwatches, wristbands, and others, as well as the increasing use of smartphone-connected applications, are just a few of the factors contributing to this market expansion. Government programs to increase women's safety through the free distribution of wearable panic buttons along with an uptick in criminal activity such as harassment, abuse, and other crimes will further propel market growth. During the projected period, these factors are expected to support the expansion of the global market for smart personal safety & security devices. The escalating violence, assaults, and related crimes are projected to be a prominent element in the market's growth as concerns about women's and children's safety rise. In addition, variables including working women's increased use of personal safety applications, a sharp increase in crime rates against women, and other similar ones have been linked to the market's expansion. Government regulations that are more stringently enforced to safeguard women and children from abuse facilitate the market's expansion. For instance, the 112 Emergency Response Support System and app were introduced by the Central Government. for offering one number-based support during emergencies, starting in September 2020.
    Market Restraints
    Due to the ease of smartphone integration, increased consumer acceptance of personal safety software may result in data misuse, exploitation, hacking, and other problems. As an illustration, a third-party vendor by the name of GetHealth announced a security breach in September 2021 that exposed over 61 million records of some of the main manufacturers of wearable devices, including Apple, Microsoft Band, Google Fit, Fitbit, Strava, and Misfit Wearables. Sensitive information including first names with locations and display names, GPS logs, dates of birth, and customer fitness data were compromised as a result of this attack. These elements have had a significant negative impact on market growth over the anticipated term.
    Impact of COVID-19
    The COVID-19 epidemic, rising demand for personal protective equipment, and rising use of smart wearables for blood oxygen monitoring, fitness tracking, and other purposes were all factors in the market expansion. The government's initiatives to improve healthcare services while emphasizing worker safety & security, together with a quick rise in the adoption of smart safety gloves, smart eyeglasses, smart apparel, and many others by healthcare professionals, will also contribute to the market's growth over time.
    Recent Developments
    A new generation of fitness trackers will be introduced in India in September 2022, according to Fitbit, an American manufacturer of consumer electronics and fitness products that Google just acquired. Fitbit Versa 4, Fitbit Inspire 3, and Fitbit Sense 2 are among the new models. They have new designs and improved functions.
    For the detection of fire and high temperatures in challenging environments, Teledyne FLIR announced the launch of the ruggedized advanced smart sensor-equipped thermal cameras A500f/700F in 2021. These cameras have on-camera analytics and alert capabilities. These characteristics are ideal for the early detection and monitoring of industrial fires.
    The Fitbit Luxe Special and Fitbit Luxe and Edition smart trackers, which have been created to look like jewelry and have cutting-edge sensor technology, will go on sale in 2021, according to Fitbit.
    Market Segmentation
    Global Smart Personal Safety and Security Device Market are segmented By Product, Type, Industry, and Technology. By Products such as Finger Wear, Head Wear, Neck Wear, and Other Segments. By Type such as Safety Device, Security Device. By Industries such as BFSI, Healthcare, Telecommunication, Defense, and Consumer Electronics. By Technology such as Networking Technology, Positioning, Sensors, and Speech Recognition.
    Regional Analysis
    Global Smart Personal Safety and Security Device Market are segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to its swift acceptance of new technologies and well-developed infrastructure, North America leads the world in terms of revenue and market share for smart personal safety and security devices. Due to the significant research and development efforts being made in this region for smart pendants, smart helmets, and personal panic alarms, Asia-Pacific will continue to foresee the greatest growth rate over the projection period of 2023–2030.
    Key Players
    This report includes a list of numerous Key Players, namely Safelet (U.S.), KORE Wireless (U.S.), and McDavid. (Canada), Force Impact Technologies L.L.C (U.S.), JARVISH INC. (Taiwan), Mammut Sports Group AG (Switzerland), 100Plus. (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Honeywell International Inc. (U.S.), DAQRI (U.S.), Unaliwear Inc. (U.S.).
    Market Taxonomy  
    By Product
    • Finger Wear
    • Head Wear
    • Neck Wear
    • Other Segments
    By Type
    • Safety Device
    • Smart Helmet
    • Smart Mouth Guard
    • Smart Knee Guard
    • Other Devices
    • Security Device
    By Technology
    • Networking
    • Positioning
    • Sensor
    • Speech Recognition
    By Industry
    • BFSI
    • Healthcare
    • Telecommunication
    • Defense
    • Consumer Electronics
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa.


     

    Global Smart Personal Safety and Security Device Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Smart Personal Safety and Security Device Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Smart Personal Safety and Security Device Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Smart Personal Safety and Security Device Market Share Analysis, By Type
    5.3 Global Smart Personal Safety and Security Device Market Size and Forecast, By Type
    5.3.1 Safety Device
    5.3.2 Smart Helmet
    5.3.3 Smart Mouth Guard
    5.3.4 Smart Knee Guard
    5.3.5 Other Devices
    5.3.6 Security Device 
    6 Global Smart Personal Safety and Security Device Market, By Product
    6.1 Y-o-Y Growth Comparison, By Product
    6.2 Global Smart Personal Safety and Security Device Market Share Analysis, By Product
    6.3 Global Smart Personal Safety and Security Device Market Size and Forecast, By Product
    6.3.1 Finger Wear
    6.3.2 Head Wear
    6.3.3 Neck Wear
    6.3.4 Other Segments
    7 Global Smart Personal Safety and Security Device Market, By Technology
    7.1 Y-o-Y Growth Comparison, By Technology
    7.2 Global Smart Personal Safety and Security Device Market Share Analysis, By Technology
    7.3 Global Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    7.3.1 Networking
    7.3.2 Positioning
    7.3.3 Sensor
    7.3.4 Speech Recognition
    8 Global Smart Personal Safety and Security Device Market, By Industry
    8.1 Y-O-Y Growth Comparison, By Industry
    8.2 Global Smart Personal Safety and Security Device Market Share Analysis, By Industry
    8.3 Global Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    8.3.1 BFSI
    8.3.2 Healthcare
    8.3.3 Telecommunication
    8.3.4 Defense
    8.3.5 Consumer Electronics
    9 Global Smart Personal Safety and Security Device Market, By Region
    9.1 Global Smart Personal Safety and Security Device Market Share Analysis, By Region
    9.2 Global Smart Personal Safety and Security Device Market Share Analysis, By Region
    9.3 Global Smart Personal Safety and Security Device Market Size and Forecast, By Region
    10 North America Smart Personal Safety and Security Device Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 North America Smart Personal Safety and Security Device Market Share Analysis, By Type
    10.3 North America Smart Personal Safety and Security Device Market Size and Forecast, By Product
    10.4 North America Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    10.5 North America Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    10.6 North America Smart Personal Safety and Security Device Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11 Europe Smart Personal Safety and Security Device Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Europe Smart Personal Safety and Security Device Market Share Analysis, By Type
    11.3 Europe Smart Personal Safety and Security Device Market Size and Forecast, By Product
    11.4 Europe Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    11.5 Europe Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    11.6 Europe Smart Personal Safety and Security Device Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4. Rest of Europe
    12Asia Pacific Smart Personal Safety and Security Device Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Asia Pacific Smart Personal Safety and Security Device Market Share Analysis, By Type
    12.3 Asia Pacific Smart Personal Safety and Security Device Market Size and Forecast, By Product
    12.4 Asia Pacific Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    12.5 Asia Pacific Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    12.6 Asia Pacific Smart Personal Safety and Security Device Market Size and Forecast, By Country
    12.6.1 China 
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13Latin America Smart Personal Safety and Security Device Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Latin America Smart Personal Safety and Security Device Market Share Analysis, By Type
    13.3 Latin America Smart Personal Safety and Security Device Market Size and Forecast, By Product
    13.4 Latin America Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    13.5 Latin America Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    13.6 Latin America Smart Personal Safety and Security Device Market Size and Forecast, By Country
    13.6.1. Brazil
    13.6.2.Rest of Latin America
    15Middle East Smart Personal Safety and Security Device Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Middle East Smart Personal Safety and Security Device Market Share Analysis, By Type
    15.3 Middle East Smart Personal Safety and Security Device Market Size and Forecast, By Product
    15.4 Middle East Smart Personal Safety and Security Device Market Size and Forecast, By Technology
    15.5 Middle East Smart Personal Safety and Security Device Market Size and Forecast, By Industry
    15.6 Middle East Smart Personal Safety and Security Device Market Size and Forecast, By Country
    15.6.1. Saudi Arabia
    15.6.2. UAE
    15.6.3. Egypt
    15.6.4. Kuwait
    15.6.5. South Africa
    16Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17Company Profiles
    17.1 KORE Wireless (U.S.)
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 McDavid. (Canada)
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 Force Impact Technologies L.L.C (U.S.)
     17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 JARVISH INC. (Taiwan)
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 Mammut Sports Group AG (Switzerland)
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 100Plus. (U.S.)
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Telefonaktiebolaget LM Ericsson (Sweden)
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies 
    17.8 Honeywell International Inc. (U.S.)
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9 DAQRI (U.S.)
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10 Unaliwear Inc. (U.S.)
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies