Alarm Monitoring Market

Alarm Monitoring Market worth $59.83 Billion by 2023 with a growing CAGR of 5.5%

The report "Alarm Monitoring Market by Offering (Systems Hardware, Services), Input Signal (Discrete, Protocol), Communication Technology (Wired, Cellular, IP), Application (Building, Equipment, Vehicle Alarm Monitoring), and Geography - Global Forecast to 2023", was valued at USD 42.88 billion in 2017 and is expected to reach USD 59.83 billion by 2023, at a CAGR of 5.5% during the forecast period.

Browse 64 market data Tables and 47 Figures spread through 132 Pages and in-depth TOC on "Alarm Monitoring Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/alarm-monitoring-market-110120052.html

Alarm monitoring is a service wherein alarm systems installed in buildings, equipment, or vehicles are professionally monitored by a central monitoring station (CMS). The alarm systems are monitored in lieu of a monthly recurring charge. The CMS alerts security agencies or the property owner incase an alarm is triggered. Alarm monitoring is carried out to detect intrusion, fire, glass break, or rising carbon monoxide levels inside a premise.

The objectives of the report includes forecast of the Alarm Monitoring market size in terms of Offering (Systems Hardware, Services), Input Signal (Discrete, Protocol), Communication Technology (Wired, Cellular, IP), Application (Building, Equipment, Vehicle Alarm Monitoring), and Geography.

The alarm monitoring market by protocol input signal  to grow at the highest CAGR during 2017–2023

Protocol inputs are electrical signals, which are formatted into a formal code that represents more complex information than that in case of discrete or analog signals. There are different types of protocols for transmitting telecom alarm data. The most widely used telemetry protocols are open standards such as SNMP, TL1, ASCII, and TBOS. The alarm monitoring market by protocol input signal is expected to grow at the highest CAGR during the forecast period.

The alarm monitoring market by cellular wireless network communication technology to grow at the highest rate during forecast period.

Among all the communications technology of alarm monitoring market, cellular wireless network expected to grow with the highest CAGR during forecast period. Cellular wireless network is increasingly being used for connectivity between control panels and alarm monitoring centers. It is mostly used as a backup system for connectivity incase primary lines go down. With the increasing reliability of cellular networks, the market for cellular wireless network-based alarm monitoring is expected to grow.

North America to hold a major share of the alarm monitoring market in 2016

North America is expected to dominate the alarm monitoring market during the forecast period. North America is in the forefront in the evolution and development of alarm monitoring technology as this region is home to some of the largest multinational corporations in the world. Most leading players operating in the global alarm monitoring market are based in this region. Increased R&D in the field of remote monitoring, home automation systems, and Internet of Things, in terms of new and improved technologies, is a major factor driving market growth in North America.

Alarm Monitoring Market

ADT (US), Moni (US), Honeywell (US), Securitas (Sweden), UTC (US), Schneider (France), Johnson Controls (US), Vivint (US), Vector Security (US), and Bosch (Germany) are some of the major companies dominating the alarm monitoring market.

Don’t miss out on business opportunities in Alarm Monitoring Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 3843
PR Published ON
6/10/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Alarm Monitoring Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home