Global Alarm Monitoring Strategic Markets Report 2023: A $71.8 Billion Market by 2030 from $46.2 Billion in 2022 - Smart Homes & Home Automation Unveil New Opportunities


Dublin, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The "Alarm Monitoring: Global Strategic Business Report" report has been added to's offering.

Global Alarm Monitoring Market to Reach $71.8 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Alarm Monitoring estimated at US$46.2 Billion in the year 2022, is projected to reach a revised size of US$71.8 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.

Software, Services & Solutions, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$45.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Systems & Hardware segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.8 Billion, While China is Forecast to Grow at 7.8% CAGR

The Alarm Monitoring market in the U.S. is estimated at US$17.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.6 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Metrics

Report AttributeDetails
No. of Pages733
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$46.2 Billion
Forecasted Market Value (USD) by 2030$71.8 Billion
Compound Annual Growth Rate5.7%
Regions CoveredGlobal

Key Topics Covered:


  • Impact of COVID-19 and a Looming Global Recession
  • COVID-19 Pandemic Drives Down Demand for Security Solutions and Alarm Monitoring Business
  • An Introduction to Alarm Monitoring
  • Central Station (Alarm Monitoring Center)
  • How Does Alarm Monitoring Work?
  • Technology in Use
  • Note on Alarm Monitoring Software
  • Alarm Monitoring - A Prelude
  • Global Market Prospects & Outlook
  • North America: A Strong R&D Base for Alarm Monitoring
  • Developing Markets to Turbo Charge Future Growth in the Market
  • Alarm Monitoring in Commercial Sector Gains Share
  • Attractive Discounts Attract Customers to Insurance Policies
  • Widespread Consumer Awareness: A Crucible for Success
  • False Alarms: Major Deterrent for Alarm Monitoring Systems Adoption
  • Competitive Scenario
  • Alarm Monitoring Lures IT and Telecom Companies
  • Recent Market Activity
  • Select Global Brands
  • Alarm Monitoring - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS (Total 270 Featured)

  • ADT
  • ABB
  • AT&T
  • Bosch
  • Comcast
  • Engineered Protection Systems
  • G4s
  • Honeywell
  • Johnson Controls
  • Prosegur
  • Schneider
  • Sector Alarm
  • Securitas
  • Slomin's
  • Stanley Security
  • Trigion
  • UTC (Chubb)
  • Vector Security
  • Vivint


  • Growing Importance of Electronic Security Systems Creates Fertile Ground for Alarm Monitoring Market
  • Surge in Crime Rates Propels Uptake of Alarm Monitoring Solutions
  • Smart Homes & Home Automation Unveil New Opportunities
  • Remote Activation of Intelligent Home Alarm Systems
  • Cloud-Based Home Security Solutions Gain Demand
  • Security in Smart Cities Receives Undivided Focus
  • Burglar Alarms Market: Growing Need to Safeguard Assets and People Drives Growth
  • Burglar Alarm Systems Market Gains from Technological Advancements
  • Building Codes & Feature Rich Models Sustain Momentum in Fire Alarms Domain
  • A Review of Current Trends in the Fire Alarm Systems Market
  • Product Innovation Paves the Way for Advanced and Sophisticated Services
  • New Technologies Influence Design & Functioning of Alarm Systems
  • Modern Mobile Devices Augment Alarm Monitoring Ecosystem
  • Outdoor Alarms Facilitate Mobility
  • Wireless Alarm Monitoring Continues to Make Big Gains
  • PERS to Become an Integral Part of Aging-in-Place Solutions
  • Advanced Technologies to Foster PERS Adoption
  • mPERS Seeks Mainstream Role
  • Speech-Triggered Alarms: Simplify Usage
  • Reimbursement Scenario Calls for Attention
  • Alarm Management Dashboards Enable Quick and Easy Data Access
  • Remote Video Monitoring Services Grow in Demand
  • Trends in the Construction Industry Influence Market Uptake
  • Urbanization Steers Momentum in the Alarm Monitoring Market
  • Burgeoning Middle Class Population Spurs Market Growth
  • Aging Population: The Fastest Growing Demographic
  • False Alarms: A Challenge to Reckon With
  • Growing Competition from Substitute Technologies Niggle Prospects
  • High Costs Remain a Major Issue
  • Low Awareness Levels Hamper Uptake
  • Downward Pressure on Selling Prices Impacts the Market

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Global Market for Alarm Monitoring

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