Alarm Monitoring Market

Alarm monitoring is a security control system which connects the home security system to the central security provider station. When any inappropriate event occurs, it sends a signal to the central security provider station about an emergency with account identity (including address and contact details) and the central station sends the concerned authorities to home for security. Monitored alarms have several benefits as compared to unmonitored alarms. Unmonitored alarms send signal with a noise that some emergency event has occurred and allows you to take necessary action, however, monitored alarms send signal straight to the central security station to take necessary action.

To have an edge over the competition by knowing the market dynamics and current trends of “Alarm Monitoring Market”, request for Sample Report here

The major factor driving the growth of the global alarm monitoring market is the discounts that are offered by insurance companies in the premium rates to both residential and commercial clients if the central monitoring alarm system is installed. These discounts are provided considering the increased concerns related to securing the property from fire and thieves. The installation of alarm monitoring systems in both residential and commercial properties has increased due to the growing rate of crimes. Alarm monitoring systems allow the central security station to take the required actions in real-time. Rapid industrialization and urbanization have surged the global alarm monitoring market as new construction projects are taking place which involves the installation of an alarm monitoring system to provide better services to their customers.

However, alarm systems work in response to physical environment such as temperature and humidity. For example, in summers, due to extreme heat, glasses sometimes get shattered, which causes alarm systems to send a false signal to the central security station. The significant problems that occur by the installation of an alarm monitoring system are the incorrect entry of codes, lack of proper customer knowledge, and prank calls. This causes issues for both the security provider and customers. These factors might restrain the growth of the global alarm monitoring market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on communication technology, the market is segmented into wired telecommunication network, cellular wireless network, and wireless radio network. The wired telecommunication network segment is projected to grow at a higher CAGR during the forecast period. The growing adoption of the wired telecommunication network as it offers higher reliability. Most of the wireless network security systems can be hacked and accessed while the wired networks require physical access, which means intruder has to enter your office or home to access the device. These security features increase the growth of the wired telecommunication network segment in the global alarm monitoring market.

Based on the application, the market is segmented into equipment monitoring, vehicle alarm monitoring, building alarm monitoring, and environmental monitoring. The building alarm monitoring segment is expected to grow at a higher CAGR over the forecast period. Rapid urbanization worldwide has increased the adoption of alarm monitoring systems in the residential sector. The new construction projects ensure to build smart homes equipped with smart security and automation systems. This factor will propel the growth of the building alarm monitoring segment in the global alarm monitoring market. The increased crime rate in residential areas has surged the adoption of alarm monitoring systems to secure the properties from burglary and breaches. Another factor influencing the global alarm monitoring market is discount rates offered by insurance companies after installing security systems at home. These factors play a significant role in driving the growth of this market.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Based on the region, the North America region is expected to lead the global alarm monitoring market during the forecast period. North America is one of the growing hub for several players in the alarm monitoring market. Increased research & development activities to enhance security systems is the key reason propelling the growth of this market. Advancements in the fields such as home automation systems, Internet of Things, and remote monitoring has influenced residential and commercial customers to install alarm monitoring systems in their properties. These advancements are surging the growth of the global alarm monitoring market in North America.

Various notable players operating in the market include Honeywell Corporation, ADT, Securitas AB, Schneider Electric, Robert Bosch GmbH, Johnson Controls, Vivint, Inc., Comcast, ABB, and Prosegur, among others. 

Key Developments: 

• • In 2020, Securitas AB acquired the electronic security businesses of STANLEY Security to increase the size of the electronic security & security solutions business and improve its capabilities to deliver smart security systems to the residential and commercial sectors.
  • In 2018, Prosegur acquired Viewpoint, which is a remote video monitoring company. This acquisition aimed to deliver world-class security system services by developing innovative solutions in monitoring and security systems.

The global alarm monitoring market has been segmented on the basis of offering, input signal, communication technology, application and regions. Based on offering, the market is segmented into systems & hardware and software, services, & solutions. Based on input signal, the market is segmented into analog, discrete, and protocol. Based on communication technology, the market is segmented into wired telecommunication network, cellular wireless network, and wireless radio network. Based on application the market is segmented into building alarm monitoring, equipment monitoring, vehicle alarm monitoring, and environmental monitoring. Based on regions, the global alarm monitoring market has been segmented into Asia-Pacific, Europe, North America, and RoW. 

For detailed scope of the “Alarm Monitoring Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global alarm monitoring market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in alarm monitoring market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global alarm monitoring market?
  • Which offering generated maximum revenues in 2019 and identify the most promising offering during the forecast period?
  • What are the various application areas of global alarm monitoring market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Offering, By Input Signal, By Communication Technology, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Honeywell Corporation, ADT, Securitas AB, Schneider Electric, Robert Bosch GmbH, Johnson Controls, Vivint, Inc., Comcast, ABB, Prosegur, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Alarm Monitoring Market by Offering

• • Systems & Hardware
    • Remote Terminal Units (RTUS)
    • Alarm Sensors
    • Communication Networks & Gateways
    • Central Monitoring Receivers
    • Others
  • Software, Services & Solutions
    • Monitoring Services
    • Installation Services
    • Software

Global Alarm Monitoring Market by Input Signal

• • Discrete
  • Analog
  • Protocol

Global Alarm Monitoring Market by Communication Technology

• • Wired Telecommunication Network
  • Cellular Wireless Network
  • Wireless Radio Network
    • IP Network

Global Alarm Monitoring Market by Application

• • Equipment Monitoring
    • Telecom Equipment
    • Industrial Equipment Monitoring
    • Medical Equipment Monitoring
    • Others
  • Vehicle Alarm Monitoring
  • Building Alarm Monitoring
  • Environmental Monitoring

Global Alarm Monitoring Market by Region

• • North America Alarm Monitoring Market (Option 1: As a part of the free 25% customization)
    • North America Alarm Monitoring Market by Offering
    • North America Alarm Monitoring Market by Input Signal
    • North America Alarm Monitoring Market by Communication Technology
    • North America Alarm Monitoring Market by Application
    • US Alarm Monitoring Market All-Up
    • Canada Alarm Monitoring Market All-Up
  • Europe Alarm Monitoring Market (Option 2: As a part of the free 25% customization)
    • Europe Alarm Monitoring Market by Offering
    • Europe Alarm Monitoring Market by Input Signal
    • Europe Alarm Monitoring Market by Communication Technology
    • Europe Alarm Monitoring Market by Application
    • UK Alarm Monitoring Market All-Up
    • Germany Alarm Monitoring Market All-Up
    • France Alarm Monitoring Market All-Up
    • Spain Alarm Monitoring Market All-Up
    • Rest of Europe Alarm Monitoring Market All-Up
  • Asia-Pacific Alarm Monitoring Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Alarm Monitoring Market by Offering
    • Asia-Pacific Alarm Monitoring Market by Input Signal
    • Asia-Pacific Alarm Monitoring Market by Communication Technology
    • Asia-Pacific Alarm Monitoring Market by Application
    • China Alarm Monitoring Market All-Up
    • India Alarm Monitoring Market All-Up
    • Japan Alarm Monitoring Market All-Up
    • Rest of APAC Alarm Monitoring Market All-Up
  • RoW Alarm Monitoring Market (Option 4: As a part of the free 25% customization)
    • RoW Alarm Monitoring Market by Offering
    • RoW Alarm Monitoring Market by Input Signal
    • RoW Alarm Monitoring Market by Communication Technology
    • RoW Alarm Monitoring Market by Application
    • Brazil Alarm Monitoring Market All-Up
    • South Africa Alarm Monitoring Market All-Up
    • Saudi Arabia Alarm Monitoring Market All-Up
    • UAE Alarm Monitoring Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Alarm Monitoring Market All-Up

Major Players Operating in the Alarm Monitoring Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Honeywell Corporation
  • ADT
  • Securitas AB
  • Schneider Electric
  • Robert Bosch GmbH
  • Johnson Controls
  • Vivint, Inc.
  • Comcast
  • ABB
  • Prosegur