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Smart Personal Safety & Security Device Market is expected to grow at a CAGR of 7% during the forecast period. Smart Personal Safety & Security Device Market is expected to reach US$ 66.26 Bn. by 2029.
Smart Personal Safety & Security Device Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail .
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Smart Personal Safety & Security Device Market Report Scope and Research Methodology
The Smart Personal Safety & Security Device Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Smart Personal Safety & Security Device Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Smart Personal Safety & Security Device market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Smart Personal Safety & Security Device market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Smart Personal Safety & Security Device market size, the bottom-up approach was used.
Smart Personal Safety & Security Device Market Segmentation
The use of smart equipment such the smart helmet, smart mouth guard, smart knee guard, personal alarms, safety jewellery, paper spray, concealed cameras, and video and audio recorders is to blame for part of this. The software sector is also anticipated to increase rapidly during the projection period. The industry is expanding due to the introduction of numerous smartphone applications addressing safety and security issues.
By technology, the market was dominated by the navigation category. This is because a variety of security tools and applications employ GPS technology. An example of GPS technology is the SOS signal. This message includes the users' most recent location as determined by the Global Positioning System and delivered to the GSM module. Every two minutes, the location and a pre-stored contacts' contact information are sent along with a default emergency message, and a call is made to the police and answered by a prerecorded voice. When the battery is low, it immediately sends the location to the pre-stored contacts, records audio, and it also recognises hidden cameras.
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Smart Personal Safety & Security Device Market Key Players
• DAQRI
• Force Impact Technologies
• Ericsson
• iBeat
• Fitbit
• UnaliWear
• Honeywell International
• General Electric
• Revolar
• Safelet
Smart Personal Safety & Security Device Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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