Smart Personal Safety and Security Device Market SWOT Analysis by 2031
Smart personal safety and security devices are autonomous devices which are directly connected to internet and are used to provide safety to the user by tracking location and sending alerts in times of emergency. These devices are user-friendly.
MARKET DYNAMICS
Smart personal safety and security devices market is growing with the rise in adoption of these devices in sports. The increase in crime rates and rise for security concern is also driving the growth of this market. However, the high cost and lack of awareness towards these devices is hampering its market growth.
MARKET SCOPE
The "Smart personal safety and security device Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Smart personal safety and security device market with detailed market segmentation by form and distribution channel. The Smart personal safety and security device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Smart personal safety and security device market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Smart personal safety and security device market is segmented into product and technology. By product, the Smart personal safety and security device market is classified into finger wear, head wear, neck wear and others. By technology, the Smart personal safety and security device market is classified into networking, positioning, sensor and speech recognition.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Smart personal safety and security device market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Smart personal safety and security device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Smart personal safety and security device market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Smart personal safety and security device market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Smart personal safety and security device market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Smart personal safety and security device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Smart personal safety and security device market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Smart personal safety and security device market in these regions.
MARKET PLAYERS
The report covers vital developments in the Smart personal safety and security device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Smart personal safety and security device market are anticipated to lucrative growth opportunities in the future with the rising demand for Smart personal safety and security device in the global market. Below mentioned is the list of few companies engaged in the Smart personal safety and security device market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Smart personal safety and security device market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- ADT
- FIT Inc.
- Fitbit, Inc.
- General Electric
- Honeywell International Inc.
- Huawei Technologies Co., Ltd.
- Revolar
- Safelet
- Telefonaktiebolaget LM Ericsson
- UnaliWear Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Personal Safety And Security Device Market - By Product
1.3.2 Smart Personal Safety And Security Device Market - By Technology
1.3.3 Smart Personal Safety And Security Device Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART PERSONAL SAFETY AND SECURITY DEVICE - GLOBAL MARKET OVERVIEW
6.2. SMART PERSONAL SAFETY AND SECURITY DEVICE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. FINGER WEAR
7.3.1. Overview
7.3.2. Finger wear Market Forecast and Analysis
7.4. HEAD WEAR
7.4.1. Overview
7.4.2. Head wear Market Forecast and Analysis
7.5. NECK WEAR
7.5.1. Overview
7.5.2. Neck wear Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. NETWORKING
8.3.1. Overview
8.3.2. Networking Market Forecast and Analysis
8.4. POSITIONING
8.4.1. Overview
8.4.2. Positioning Market Forecast and Analysis
8.5. SENSOR
8.5.1. Overview
8.5.2. Sensor Market Forecast and Analysis
8.6. SPEECH RECOGNITION
8.6.1. Overview
8.6.2. Speech recognition Market Forecast and Analysis
9. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smart Personal Safety And Security Device Market Overview
9.1.2 North America Smart Personal Safety And Security Device Market Forecasts and Analysis
9.1.3 North America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Product
9.1.4 North America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Technology
9.1.5 North America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smart Personal Safety And Security Device Market
9.1.5.1.1 United States Smart Personal Safety And Security Device Market by Product
9.1.5.1.2 United States Smart Personal Safety And Security Device Market by Technology
9.1.5.2 Canada Smart Personal Safety And Security Device Market
9.1.5.2.1 Canada Smart Personal Safety And Security Device Market by Product
9.1.5.2.2 Canada Smart Personal Safety And Security Device Market by Technology
9.1.5.3 Mexico Smart Personal Safety And Security Device Market
9.1.5.3.1 Mexico Smart Personal Safety And Security Device Market by Product
9.1.5.3.2 Mexico Smart Personal Safety And Security Device Market by Technology
9.2. EUROPE
9.2.1 Europe Smart Personal Safety And Security Device Market Overview
9.2.2 Europe Smart Personal Safety And Security Device Market Forecasts and Analysis
9.2.3 Europe Smart Personal Safety And Security Device Market Forecasts and Analysis - By Product
9.2.4 Europe Smart Personal Safety And Security Device Market Forecasts and Analysis - By Technology
9.2.5 Europe Smart Personal Safety And Security Device Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smart Personal Safety And Security Device Market
9.2.5.1.1 Germany Smart Personal Safety And Security Device Market by Product
9.2.5.1.2 Germany Smart Personal Safety And Security Device Market by Technology
9.2.5.2 France Smart Personal Safety And Security Device Market
9.2.5.2.1 France Smart Personal Safety And Security Device Market by Product
9.2.5.2.2 France Smart Personal Safety And Security Device Market by Technology
9.2.5.3 Italy Smart Personal Safety And Security Device Market
9.2.5.3.1 Italy Smart Personal Safety And Security Device Market by Product
9.2.5.3.2 Italy Smart Personal Safety And Security Device Market by Technology
9.2.5.4 United Kingdom Smart Personal Safety And Security Device Market
9.2.5.4.1 United Kingdom Smart Personal Safety And Security Device Market by Product
9.2.5.4.2 United Kingdom Smart Personal Safety And Security Device Market by Technology
9.2.5.5 Russia Smart Personal Safety And Security Device Market
9.2.5.5.1 Russia Smart Personal Safety And Security Device Market by Product
9.2.5.5.2 Russia Smart Personal Safety And Security Device Market by Technology
9.2.5.6 Rest of Europe Smart Personal Safety And Security Device Market
9.2.5.6.1 Rest of Europe Smart Personal Safety And Security Device Market by Product
9.2.5.6.2 Rest of Europe Smart Personal Safety And Security Device Market by Technology
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smart Personal Safety And Security Device Market Overview
9.3.2 Asia-Pacific Smart Personal Safety And Security Device Market Forecasts and Analysis
9.3.3 Asia-Pacific Smart Personal Safety And Security Device Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Smart Personal Safety And Security Device Market Forecasts and Analysis - By Technology
9.3.5 Asia-Pacific Smart Personal Safety And Security Device Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smart Personal Safety And Security Device Market
9.3.5.1.1 Australia Smart Personal Safety And Security Device Market by Product
9.3.5.1.2 Australia Smart Personal Safety And Security Device Market by Technology
9.3.5.2 China Smart Personal Safety And Security Device Market
9.3.5.2.1 China Smart Personal Safety And Security Device Market by Product
9.3.5.2.2 China Smart Personal Safety And Security Device Market by Technology
9.3.5.3 India Smart Personal Safety And Security Device Market
9.3.5.3.1 India Smart Personal Safety And Security Device Market by Product
9.3.5.3.2 India Smart Personal Safety And Security Device Market by Technology
9.3.5.4 Japan Smart Personal Safety And Security Device Market
9.3.5.4.1 Japan Smart Personal Safety And Security Device Market by Product
9.3.5.4.2 Japan Smart Personal Safety And Security Device Market by Technology
9.3.5.5 South Korea Smart Personal Safety And Security Device Market
9.3.5.5.1 South Korea Smart Personal Safety And Security Device Market by Product
9.3.5.5.2 South Korea Smart Personal Safety And Security Device Market by Technology
9.3.5.6 Rest of Asia-Pacific Smart Personal Safety And Security Device Market
9.3.5.6.1 Rest of Asia-Pacific Smart Personal Safety And Security Device Market by Product
9.3.5.6.2 Rest of Asia-Pacific Smart Personal Safety And Security Device Market by Technology
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smart Personal Safety And Security Device Market Overview
9.4.2 Middle East and Africa Smart Personal Safety And Security Device Market Forecasts and Analysis
9.4.3 Middle East and Africa Smart Personal Safety And Security Device Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Smart Personal Safety And Security Device Market Forecasts and Analysis - By Technology
9.4.5 Middle East and Africa Smart Personal Safety And Security Device Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smart Personal Safety And Security Device Market
9.4.5.1.1 South Africa Smart Personal Safety And Security Device Market by Product
9.4.5.1.2 South Africa Smart Personal Safety And Security Device Market by Technology
9.4.5.2 Saudi Arabia Smart Personal Safety And Security Device Market
9.4.5.2.1 Saudi Arabia Smart Personal Safety And Security Device Market by Product
9.4.5.2.2 Saudi Arabia Smart Personal Safety And Security Device Market by Technology
9.4.5.3 U.A.E Smart Personal Safety And Security Device Market
9.4.5.3.1 U.A.E Smart Personal Safety And Security Device Market by Product
9.4.5.3.2 U.A.E Smart Personal Safety And Security Device Market by Technology
9.4.5.4 Rest of Middle East and Africa Smart Personal Safety And Security Device Market
9.4.5.4.1 Rest of Middle East and Africa Smart Personal Safety And Security Device Market by Product
9.4.5.4.2 Rest of Middle East and Africa Smart Personal Safety And Security Device Market by Technology
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smart Personal Safety And Security Device Market Overview
9.5.2 South and Central America Smart Personal Safety And Security Device Market Forecasts and Analysis
9.5.3 South and Central America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Product
9.5.4 South and Central America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Technology
9.5.5 South and Central America Smart Personal Safety And Security Device Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smart Personal Safety And Security Device Market
9.5.5.1.1 Brazil Smart Personal Safety And Security Device Market by Product
9.5.5.1.2 Brazil Smart Personal Safety And Security Device Market by Technology
9.5.5.2 Argentina Smart Personal Safety And Security Device Market
9.5.5.2.1 Argentina Smart Personal Safety And Security Device Market by Product
9.5.5.2.2 Argentina Smart Personal Safety And Security Device Market by Technology
9.5.5.3 Rest of South and Central America Smart Personal Safety And Security Device Market
9.5.5.3.1 Rest of South and Central America Smart Personal Safety And Security Device Market by Product
9.5.5.3.2 Rest of South and Central America Smart Personal Safety And Security Device Market by Technology
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SMART PERSONAL SAFETY AND SECURITY DEVICE MARKET, KEY COMPANY PROFILES
11.1. ADT
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FIT INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FITBIT, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GENERAL ELECTRIC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HONEYWELL INTERNATIONAL INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HUAWEI TECHNOLOGIES CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. REVOLAR
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAFELET
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TELEFONAKTIEBOLAGET LM ERICSSON
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. UNALIWEAR INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ADT
2. FIT Inc.
3. Fitbit, Inc.
4. General Electric
5. Honeywell International Inc.
6. Huawei Technologies Co., Ltd.
7. Revolar
8. Safelet
9. Telefonaktiebolaget LM Ericsson
10. UnaliWear Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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