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Smart Personal Safety and Security Device Market

Market Insights on Smart Personal Safety and Security Device covering sales outlook, demand forecast & up-to-date key trends

Smart Personal Safety and Security Device Market by Type (Smart Personal Safety Device, and Smart Personal Security Devices), Product (Finger Wear, Head Wear, Neck Wear, and Others), Technology (Networking Technology, Positioning Technology, Sensor Technology, and Speech Recognition Technology), and Region - Forecast to 2022-2032

Smart Personal Safety and Security Device Market Overview

From 2022 to 2032, the global smart personal safety and security device market is expected to expand at a 7.4% CAGR.

“Growing inclination toward sophisticated smart devices with advanced features and new product developments in wrist and neck wear segments is expected to fuel the growth of global smart personal safety and security device market over the forecast period.”

Smart personal safety and security devices are user-friendly and autonomous in nature. They can be connected to the internet wirelessly via a third-party tool. Smart personal safety device ensures end-user’s safety by monitoring and measuring impact with the device.

While, smart personal security device has the ability to send an emergency message to friends and family instantly on a single press, hence enhances end-user’s safety. These devices are gaining traction in various sports applications and being increasingly used by outdoor enthusiast, which is driving the growth of global smart personal safety and security device market. They are also being used as smart home devices which is adding to their popularity.

Attributes

Details

Smart Personal Safety and Security Device Market Size (2020)

US$ 3.2 Bn

CAGR during 2022-2032

7.4%

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How is the Smart Personal Safety and Security Device Market Classified?

“Manufacturers in the smart personal safety and security device market experiment with the networking technology, positioning technology, sensor technology and speech recognition technology to gain competitiveness.”

On the basis of type, the global smart personal safety and security market can be segmented into smart personal safety device and smart personal security device.

The smart personal safety device segment includes smart helmet, smart mouth guard, smart knee guard and other device. The global smart personal security device segment is further sub-segmented into bracelet, pendant, key rings and other device. Some other devices include Wi-Fi smart camera and Wi-Fi light camera.

The global smart personal safety and security market can be segmented based on technology which includes networking technology, positioning technology, sensor technology and speech recognition technology segments.

On the basis of product, the global smart personal safety and security market can be segmented into finger wear, head wear, neck wear and other segments.

Sudip Saha
Principal Consultant
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Which Region Has a High Growth Potential in the Smart Personal Safety and Security Device Market?

The global smart personal safety and security device market is expected to witness a healthy CAGR throughout the period due to growing awareness concerning personal safety and security among users. Regionally, the global personal safety and security device market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). 

Globally, among all the regions, North America is projected to account for the highest market share followed by Western Europe over the projected period. The U.S. is expected to be the dominant market for smart personal safety and security device in the North American region.

What are the Key Factors Impacting the Smart Personal Safety and Security Device Market Growth?

“High initial selling price associated with these devices and lack of awareness across developing regions will hinder the growth of global personal safety and security device market during the forecast period.“

Furthermore, advancement in communication technologies and growing safety and security concerns among end-users, particularly women with the rise in sale of personal alarms for women is further supporting the growth of global personal safety and security device market across the globe.

There has been a significant rise in wireless devices like Wi-Fi smart camera, Wi-Fi light camera, and smart lock for home.

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Key Segments

Attributes

Details

Forecast Period

2022-2032

Historical Data Available for

2015-2020

Market Analysis

US$ Bn for Value

By Type

  • Smart Personal Safety Device
  • Smart Personal Security Device

By Technology

  • Networking Technology
  • Positioning Technology
  • Sensor Technology
  • Speech Recognition Technology

By Product

  • Finger Wear
  • Head Wear
  • Neck Wear
  • Other

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

Key Players

  • SKULLY
  • Force Impact Technologies
  • DAQRI LLC
  • McDavid Inc.

Frequently Asked Questions

The global smart personal safety and security device market is expected to register a CAGR of 7.4% from 2022 to 2032.

The global smart personal safety and security device market size is projected to reach US$ 55 billion by 2027.

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Sudip Saha
Principal Consultant
LinkedIn
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Smart Personal Safety and Security Device Market