Alarm Monitoring Market by Technology and Geography - Forecast and Analysis 2022-2026

Published: Sep 2022

Pages: 131

SKU: IRTNTR74404

Snapshot

The alarm monitoring market is projected to grow by USD 10.66 billion with a CAGR of 4.29% during the forecast period 2021 to 2026.

This alarm monitoring market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers alarm monitoring market segmentation by technology (wired telecommunication network, cellular wireless network, wireless radio network, and IP network) and geography (North America, Europe, APAC, the Middle East and Africa, and South America). The alarm monitoring market report also offers information on several market vendors, including Ademco Security Group Pte Ltd, ADT INC., Allegion Public Ltd. Co., Allied Universal, API Group Corp., Global Security Solutions WLL, Guardian Protection Services Inc., Honeywell International Inc., Johnson Controls International Plc, Monitronics International Inc., Prosegur Compania de Seguridad SA, Robert Bosch GmbH, Secom Co. Ltd., Securitas AB, Slomins Inc., Stanley Black and Decker Inc., Swann Communications Ltd, Vector Security Inc, and Vivint Smart Home Inc among others.

What will the Alarm Monitoring Market Size be During the Forecast Period?

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Alarm Monitoring Market: Key Drivers, Trends, and Challenges

The increasing prevalence of crimes globally is notably driving the alarm monitoring market growth, although factors such as the rise in fraudulent and counterfeit alarm monitoring systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the alarm monitoring industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Alarm Monitoring Market Driver

The increasing prevalence of crimes globally is one of the key factors driving the global alarm monitoring market growth. According to new statistics from the Federal Bureau of Investigation (FBI), in 2020, the US witnessed its most significant recorded annual increase in murders, with the national murder rate rising by 30%, the biggest jump in six decades. Thus, the increase in the crime rate is encouraging individuals to seek products that track and ensure their safety and that of their families, including children. Such factors encourage people to purchase alarm monitoring systems, which, in turn, will drive the growth of the market during the forecast period.

Key Alarm Monitoring Market Trends

An increase in product innovations is one of the key alarm monitoring market trends fueling the market growth. Vendors are developing new product innovations in terms of technology, product shape and design, and other factors. For instance, in 2019, ABB Ltd launched a new alarm stick, which is connected to the ABB-free@home system access point through a universal serial bus (USB). It uses a VdS 3515-certified detector protocol to communicate wirelessly to the detectors, which makes the integration process simple and easy. Thus, an increase in product innovation is a growing trend, which is expected to drive the growth of the market during the forecast period.

Key Alarm Monitoring Market Challenge

The rise in fraudulent and counterfeit alarm monitoring systems is one of the factors limiting the global alarm monitoring market growth. Several scammers and non-branded product manufacturers price their safety products low and offer attractive discounts to increase sales. Consumers opting for such products gradually end up in tragic situations due to the non-performance of fake safety products. Moreover, the battery life of fake and unbranded alarm monitoring systems is unpredictable, and they may break down in an emergency, leading to unfavorable outcomes. Therefore, the rising sale of fraudulent and counterfeit alarm monitoring systems will restrict the adoption of genuine alarm monitoring systems, thereby hindering the market's growth during the forecast period.

This alarm monitoring market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global alarm monitoring market as a part of the global electronic equipment and instruments market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the alarm monitoring market during the forecast period.

Who are the Major Alarm Monitoring Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

This statistical study of the alarm monitoring market encompasses successful business strategies deployed by key vendors. The alarm monitoring market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

bosch.com - The company offers alarm monitoring which can detect motion, sensors, intrusion alarm control panels, and wireless solutions.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report alarm monitoring market contains a comprehensive market knowledge and in-depth vendor landscape added to an analysis of the key vendors.

Alarm Monitoring Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the alarm monitoring market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Alarm Monitoring Market?

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38% of the market’s growth will originate from North America during the forecast period. The US is the key market for the alarm monitoring market in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC.

The early adoption of advanced technologies will facilitate the alarm monitoring market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

COVID-19 negatively impacted the regional market growth. However, the initiation of vaccination drives led to the resumption of operations at manufacturing facilities for alarm monitoring systems in 2021. Thus, the market is expected to grow during the forecast period.

What are the Revenue-generating Technology Segments in the Alarm Monitoring Market?

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The alarm monitoring market share growth by the wired telecommunication network segment will be significant during the forecast period. Wired alarm systems are generally considered to be slightly more reliable than wireless systems. The reason is that as every part of the system is physically connected, there is almost no chance of interference. Though the wireless network segment is gaining attraction globally, wired telecommunication networks will continue to hold a significant share in developing countries, which will drive the growth of the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the alarm monitoring the market size and actionable market insights on the post-COVID-19 impact on each segment.

Alarm Monitoring Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.29%
Market growth 2022-2026	USD10.66 billion
Market structure	Fragmented
YoY growth (%)	3.52
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 38%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Ademco Security Group Pte Ltd, ADT INC., Allegion Public Ltd. Co., Allied Universal, API Group Corp., Global Security Solutions WLL, Guardian Protection Services Inc., Honeywell International Inc., Johnson Controls International Plc, Monitronics International Inc., Prosegur Compania de Seguridad SA, Robert Bosch GmbH, Secom Co. Ltd., Securitas AB, Slomins Inc., Stanley Black and Decker Inc., Swann Communications Ltd, Vector Security Inc, and Vivint Smart Home Inc
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Alarm Monitoring Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive alarm monitoring market growth during the next five years
Precise estimation of the alarm monitoring the market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the alarm monitoring industry across North America, Europe, APAC, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of alarm monitoring market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Technology

5.1 Market segments
- Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)

5.2 Comparison by Technology
- Exhibit 26: Chart on Comparison by Technology
- Exhibit 27: Data Table on Comparison by Technology

5.3 Wired telecommunication network - Market size and forecast 2021-2026
- Exhibit 28: Chart on Wired telecommunication network - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Wired telecommunication network - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Wired telecommunication network - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Wired telecommunication network - Year-over-year growth 2021-2026 (%)

5.4 Cellular wireless network - Market size and forecast 2021-2026
- Exhibit 32: Chart on Cellular wireless network - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Cellular wireless network - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Cellular wireless network - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Cellular wireless network - Year-over-year growth 2021-2026 (%)

5.5 Wireless radio network - Market size and forecast 2021-2026
- Exhibit 36: Chart on Wireless radio network - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Wireless radio network - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Wireless radio network - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Wireless radio network - Year-over-year growth 2021-2026 (%)

5.6 IP network - Market size and forecast 2021-2026
- Exhibit 40: Chart on IP network - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on IP network - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on IP network - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on IP network - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Technology
- Exhibit 44: Market opportunity by Technology ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 China - Market size and forecast 2021-2026
- Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption

9.4 Industry risks
- Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 95: Vendors covered

10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification

10.3 Ademco Security Group Pte Ltd
- Exhibit 97: Ademco Security Group Pte Ltd - Overview
- Exhibit 98: Ademco Security Group Pte Ltd - Product / Service
- Exhibit 99: Ademco Security Group Pte Ltd - Key offerings

10.4 ADT INC.
- Exhibit 100: ADT INC. - Overview
- Exhibit 101: ADT INC. - Product / Service
- Exhibit 102: ADT INC. - Key news
- Exhibit 103: ADT INC. - Key offerings

10.5 Allegion Public Ltd. Co.
- Exhibit 104: Allegion Public Ltd. Co. - Overview
- Exhibit 105: Allegion Public Ltd. Co. - Business segments
- Exhibit 106: Allegion Public Ltd. Co. - Key news
- Exhibit 107: Allegion Public Ltd. Co. - Key offerings
- Exhibit 108: Allegion Public Ltd. Co. - Segment focus

10.6 Allied Universal
- Exhibit 109: Allied Universal - Overview
- Exhibit 110: Allied Universal - Product / Service
- Exhibit 111: Allied Universal - Key news
- Exhibit 112: Allied Universal - Key offerings

10.7 API Group Corp.
- Exhibit 113: API Group Corp. - Overview
- Exhibit 114: API Group Corp. - Business segments
- Exhibit 115: API Group Corp. - Key offerings
- Exhibit 116: API Group Corp. - Segment focus

10.8 Global Security Solutions WLL
- Exhibit 117: Global Security Solutions WLL - Overview
- Exhibit 118: Global Security Solutions WLL - Product / Service
- Exhibit 119: Global Security Solutions WLL - Key offerings

10.9 Guardian Protection Services Inc.
- Exhibit 120: Guardian Protection Services Inc. - Overview
- Exhibit 121: Guardian Protection Services Inc. - Product / Service
- Exhibit 122: Guardian Protection Services Inc. - Key offerings

10.10 Honeywell International Inc.
- Exhibit 123: Honeywell International Inc. - Overview
- Exhibit 124: Honeywell International Inc. - Business segments
- Exhibit 125: Honeywell International Inc. - Key news
- Exhibit 126: Honeywell International Inc. - Key offerings
- Exhibit 127: Honeywell International Inc. - Segment focus

10.11 Johnson Controls International Plc
- Exhibit 128: Johnson Controls International Plc - Overview
- Exhibit 129: Johnson Controls International Plc - Business segments
- Exhibit 130: Johnson Controls International Plc - Key news
- Exhibit 131: Johnson Controls International Plc - Key offerings
- Exhibit 132: Johnson Controls International Plc - Segment focus

10.12 Robert Bosch GmbH
- Exhibit 133: Robert Bosch GmbH - Overview
- Exhibit 134: Robert Bosch GmbH - Business segments
- Exhibit 135: Robert Bosch GmbH - Key news
- Exhibit 136: Robert Bosch GmbH - Key offerings
- Exhibit 137: Robert Bosch GmbH - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources

11.5 List of abbreviations
- Exhibit 144: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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