The intruder alarm system market has seen considerable growth due to a variety of factors.
• The intruder alarm system market has expanded rapidly in recent years. It will rise from $2.46 billion in 2024 to $2.72 billion in 2025, reflecting a CAGR of 10.7%.
Factors driving this growth include the growth of wireless and connected security solutions, the popularity of remote monitoring services, the increasing number of security systems, the prevalence of mobile-based security applications, and urbanization.
The intruder alarm system market is expected to maintain its strong growth trajectory in upcoming years.
• The intruder alarm system market is expected to experience rapid growth, reaching $4.06 billion by 2029, with a CAGR of 10.5%.
The expansion is attributed to rising smart home adoption, the demand for IoT-enabled security devices, growing consumer awareness of security, increasing use of cloud-based solutions, and a stronger focus on cybersecurity. Trends include biometric technologies, video security systems, cloud security adoption, artificial intelligence, DIY home security installations, and technological advancements.
The growing crime rates are expected to fuel the growth of the intruder alarm system market. Rising crime, driven by factors like economic instability and social unrest, is leading to increased demand for security systems. Intruder alarms help deter crime and provide real-time notifications to authorities. According to the UK’s Office for National Statistics, crime rates in England and Wales increased by 4% in 2023, emphasizing the need for effective security solutions.
The intruder alarm system market covered in this report is segmented –
1) By Type: Wired Alarm System, Wireless Alarm System, Hybrid Alarm System
2) By Component: Hardware, Software, Services
3) By Application: Residential, Commercial And Industrial
Subsegments:
1) By Wired Alarm System: Hard-wired Alarm System, IP-based Wired Alarm System
2) By Wireless Alarm System: Cellular Wireless Alarm System, Wi-Fi Wireless Alarm System, Radio Frequency (RF) Wireless Alarm System
3) By Hybrid Alarm System: Hybrid Wired And Wireless System, Hybrid IP-based And Wireless System
Major corporations in the intruder alarm system market are concentrating on introducing advanced products such as wireless alarm systems which provide a dependable and robust security solution. These systems use wireless communication technology to detect potential incursions or threats and alert the users. For instance, Hangzhou Hikvision Digital Technology Co. Ltd., a firm based in China, rolled out the AX HOME series wireless alarm system in April 2024. This is a user-friendly security system that can be effortlessly managed. Key features include enhanced integration with external devices through the open things access protocol, easy deployment, scalability, double confirmation, data protection and heightened transmission competency. The design of the AX HOME series minimises maintenance expenses, makes setup and management simple through digital and mobile applications and installation is straightforward. The control panel offers a simple security solution, which only needs the user to follow two simple steps to be activated.
Major companies operating in the intruder alarm system market are:
• Honeywell International Inc.
• Johnson Controls International plc
• Securitas AB
• Hangzhou Hikvision Digital Technology Co. Ltd.
• Assa Abloy Group
• ADT Inc.
• Godrej & Boyce Mfg. Co. Ltd.
• Robert Bosch GmbH
• Vivint Smart Home Inc.
• Nortek Security & Control LLC
• UTC Fire & Security Americas Corporation Inc.
• Stanley Black & Decker Inc.
• SimpliSafe Inc.
• Godrej & Boyce Mfg. Co. Ltd.
• Napco Security Technologies Inc.
• Visonic Ltd.
• RISCO Group
• Frontpoint Security Solutions LLC
• DSC (Digital Security Controls)
• AlarmForce Industries Inc.
• Banham Patent Locks Limited
• Pyronix Limited
North America was the largest region in the intruder alarm system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intruder alarm system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.