Alarm Systems And Equipment Global Market Report 2023 – By Communication Technology (Wired Telecommunication Network, Cellular Wireless Network, Wireless Radio Network, IP Network), By Offering (System Hardware, Solutions), By EndUser (Residential , Commercial, Industrial) – Market Size, Trends, And Global Forecast 2023-2032

Alarm monitoring refers to quick and detailed communication between your home security system and the central station of your security provider. Alarm monitoring help to reduce false alarms and enables the operatives to focus on handling confirmed incidents as they come in. The main types of offerings in alarm monitoring are hardware, software, and services. The systems and hardware are used by various organizations to increase their information technology capacities. The and hardware market includes all the parts inside the computer case such as the CPU, hard disk drive, graphic cards, sound cards, RAM, power supply unit, motherboard. The several input signals include analog signal, discrete signal, and protocol signal. The different communication technologies include wired telecommunication networks, cellular wireless networks, wireless radio networks, and IP network which are used in applications such as equipment monitoring, vehicle alarm monitoring, building alarm monitoring, and environment monitoring. The global alarm monitoring market is segmented - 1) By Offering: Hardware, Software, Services 2) By Communication Technology: Wired Telecommunication Network, Cellular Wireless Network, Wireless Radio Network, IP Network 3) By Input Signal: Analog Signal, Discrete Signal, Protocol Signal 4) By Application: Equipment Monitoring, Vehicle Alarm Monitoring, Building Alarm Monitoring, Environment Monitoring The global alarm monitoring market size will grow from $52.58 billion in 2022 to $56.43 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global alarm monitoring market is expected to grow to $69.48 billion in 2027 at a CAGR of 5.3%. The increasing awareness of home security is expected to drive the growth of the alarm monitoring market going forward. Due to the rise in the number of theft and burglaries awareness among households to ensure home security levels and commercial spaces is rising. Alarm monitoring is one of the fastest mediums for a detailed connection between the home security system and the security provider's central station. For instance, according to a report by SafeWise, a US-based home security company, 18% of Americans report their personal experience of property crime in 2020, and 42% believe that property crime can occur to them. Therefore, increasing awareness of home security is driving the demand for the alarm monitoring market. Major players in the alarm monitoring market are ADT security services, Honeywell International Inc., Securitas AB, United Technologies Corporation, Schneider Electric, Johnson Controls, Vivint Smart Home Inc., Vector Security Inc., Robert Bosch GmbH, ABB Ltd., Stanley Security, Siemens AG, Rockwell Automation Inc., Diebold Nixdorf, Tyco International PLC., CPI Security System Inc., FrontPoint Security Solutions LLC, Samsung Electronics Co Ltd., Slomin's Inc., Comcast Corporation, Sector Alarm AS, Engineered Protection Systems Inc., Trigion Security Services Ltd., AT&T Inc., Ademco (Far East) Pte Ltd., Chubb Community Care, Global Security Solutions, and Guardian Protection Services Inc., Product Innovation is the key trend gaining popularity in the alarm monitoring market. Major companies operating in the alarm monitoring market are focused on developing technologically advanced products to strengthen their market position. For instance, in 2022, Optex, a Japan-based company specializing in manufacturing high performance sensing technologies introduced GENIO Map Cloud, a world's first real-time cloud-based burglar alarm monitoring platform targeted at consumers by the affordable cost and a variety of features. A GENIO Map Cloud solution manages security workflow for small to medium-sized operations such as gated communities, factories, and warehouses. By eliminating the need to set up or maintain expensive, complex networking systems, the all-new GENIO Map Cloud alarm monitoring software can be accessed anywhere with an internet connection and web browser. In December 2021, Securitas Inc., a Sweden-based security services provider, acquired Supreme Security Systems for a deal amount of $20 million. Through this acquisition, Securitas would be able to increase its service capabilities and client offering in the northeast US, this also aligns with the company’s aim to double the size of its security business by 2023. Supreme Security Systems is a US-based electronic security system company that provides alarm monitoring services. North America was the largest region in the alarm monitoring market share in 2022. The regions covered in the global alarm monitoring market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the alarm monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The alarm monitoring market includes revenues earned by entities by providing services such as wireless alarm systems, wired alarm systems, monitored alarm systems, and unmonitored alarm system. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The alarm monitoring market research report is one of a series of new reports from The Business Research Company that provides alarm monitoring market statistics, including alarm monitoring industry global market size, regional shares, competitors with an alarm monitoring market share, detailed alarm monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the alarm monitoring industry. This alarm monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Nurse call systems are innovative systems that improve the interaction between patients and healthcare workers by helping informing nurses on time, enhancing alertness, and operational efficiency, especially in the case of emergencies. The nurse call system is used for a variety of communication and patient monitoring functions. The main types of nurse call systems are button-based systems, integrated communication systems, mobile systems, and intercom systems. The button-based nurse call systems contain buttons that send a signal to staff or nurses and respond to patient calls in healthcare environments. The different technologies include wired and wireless communication, which are used across several applications such as emergency medical alarms, wanderer control, workflow support, and others. It is employed in hospitals, long-term care facilities, clinics, physician offices, and other end users. The global nurse call system market is segmented - 1) By Type: Button-Based Systems, Integrated Communication Systems, Mobile Systems, Intercom Systems 2) By Technology: Wired Communication, Wireless Communication 3) By Applications: Emergency Medical Alarms, Wanderer Control, Workflow Support, Other Applications 4) By End User: Hospitals, Long-term Care Facilities, Clinics and Physician Offices, Other End Users The global nurse call system market size grew from $2.13 billion in 2022 to $2.39 billion in 2023, at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nurse call system market size is expected to grow to $3.74 billion in 2027 at a CAGR of 11.8%. The rise in the geriatric population is significantly contributing to the growth of the nurse call system market going forward. The geriatric population is sensitive to diseases such as osteoarthritis, chronic obstructive pulmonary diseases, and diabetes mellitus as their immune systems develop slowly with increasing age. A significant increase in the global elderly population has increased the demand for competent nursing care services that provide rapid response, streamlined, customized communication among patients. For instance, according to the United Nations Department of Economic and Social Affairs, a US-based intergovernmental organization, in 2020, there were approximately 727 million people aged 65 years and above worldwide, and that number is expected to reach approximately 1.5 billion by 2050. Therefore, the rise in the geriatric population is driving the growth of the nurse call system market. Major players in the nurse call system market are Johnson Controls, Rauland Corporation, Ascom Holding AG, Honeywell International Inc., Azure Healthcare Limited, Jeron Nurse Call Systems, Vifor Pharma Group, Courtney Thorne, SE & Co. KGaA, Baxter International Inc., BioScrip Inc., Grifols S.A., JW Life Science Corporation, and CVS Health Corporation. Strategic partnerships have emerged as a key trend gaining popularity in the nurse call systems market. Major companies operating in the nurse call systems sector are focused on partnerships to reinforce their position. For instance, in August 2021, Ascom Holding AG, a Switzerland-based telecommunications company providing wireless on-site communications in nurse call systems, partnered with Vizient Inc., a US-based consulting company. The partnership enables Vizient members to take advantage of special pre-negotiated pricing and terms for the Ascom nurse call and monitoring system, which gives patients and staff the tools to access and respond to alerts, messages, and clinical data. Furthermore, in June 2020, PalCare and NOTIFY Nurse Call announced a strategic partnership to advance in developing nurse call systems. The partnership would provide senior living communities with best emergency call mobile application offerings and management dashboards. In December 2021, Baxter International Inc., a US-based health care company, acquired Hillrom for a deal amount of USD10.5 billion. The acquisition would provide Baxter with further growth prospects throughout its extensive geographic footprint, as well as stunning new connectivity opportunities with cutting-edge digital health innovation aimed at improving care, lowering costs, and increasing workflow efficiency. Hillrom is a US-based manufacturer of healthcare products, including nurse call systems. North America was the largest region in the nurse call system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nurse call system market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the nurse call system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The nurse call systems market includes revenues earned by entities by pillow speaker / patient remote, patient room call cord, patient station / patient hub, corridor dome light, code station button, and nurse station console. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The nurse call system market research report is one of a series of new reports from The Business Research Company that provides nurse call system market statistics, including nurse call system industry global market size, regional shares, competitors with a nurse call system market share, detailed nurse call system market segments, market trends and opportunities, and any further data you may need to thrive in the nurse call system industry. This nurse call system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart home security is a group of physical and technological components that work together to allow users to remotely monitor and manage their houses in real-time, alerting homeowners to strange behaviour or unwanted attempts to enter doors or windows. The main products of smart home security are smart alarms, smart cameras and monitoring systems, smart locks and sensors, and smart detectors. A smart alarm is a system that uses wireless technology, home networks, and mobile phones to integrate security with day-to-day life. The components of smart home security are hardware, software, and service. The various types of applications are in independent homes, apartments, and condominiums. The global smart home security market is segmented - 1) By Product: Smart Alarms, Smart Camera and Monitoring System, Smart Locks and Sensors, Smart Detectors 2) By Application: Independent Homes, Apartments, Condominiums 3) By Component: Hardware, Software, Service The global smart home security market size will grow from $3.27 billion in 2022 to $3.96 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart home security market size is expected to grow to $8.39 billion in 2027 at a CAGR of 20.6%. The smart home security market is driven by increasing crime rates across the globe. With the increasing crime rates, the consumers are increasingly focusing on safety and security systems especially in residential areas. Smart home devices such as smart alarms, smart cameras, and smart lockers are being preferred by the households to be more safe and secure. According to home burglary statistics, 88% of all burglaries are residential in nature and there is 300% possibility of theft in homes without security systems. Moreover, according to an article published by Federal Bureau of Investigation Crime Data Explorer, a US-based provider of statistics in law enforcement, the FBI estimated crime statistics for the country in 2021 based on data received from 11,794 of the country's 18,806 law enforcement agencies that year. There were 694,050 violent crime incidents and 817,020 offences reported in the United States in 2021 by 11,794 law enforcement agencies that submitted National Incident-Based Reporting System (NIBRS) data, accounting for 64% of the total population. Therefore, the increasing crime rates across the globe are driving the smart home security market growth. Major players in the smart home security market are ADT, Amazon, Honeywell International, Hangzhou Hikvision Digital Technology, Frontpoint Security Solutions, Ring, Samsung, Vivint Smart Home Security, Simpli Safe, Robert Bosch, Protect America, Alphabet, Apple, Comcast, Netgear, Skybell Technologies, Alarm.com, Canary Connect, AT&T, August Home, Google, Butterfleye, Tyco Security Products, Livewatch Security, G4S, Cocoon Labs, Legrand, and Ingersoll Rand. The high installation costs of smart home security devices is restraining the growth of smart home security market. Being a relatively new technology, the setup cost for smart home security and the cost of other related expenses such as utilities, maintenance, and repair of the technology are high as well. Cost of home security devices depends on the plan of the installation and size of the property. Installation of alarm systems and security cameras is more expensive when compared to other smart home security devices. The basic smart home security system consisting of a burglar alarm, thermostat, outdoor lighting and a backdoor lock which can be controlled from remote device costs $2,500. And an advanced and high-end security and home automation systems cost $1.8 million. For instance, in November 2022, according to an article published by Safewise, a US-based provider of information and tools on internet security and home safety, monitoring costs for a home security system range from $5 to $65 per month, with an average of $32 per month. Installation costs range from $0 to $200, and basic equipment costs $350, individual equipment costs between $5 and $400. Smart home security systems manufacturers are increasingly integrating technologies with visual recognition based on AI (Artificial Intelligence) in security devices. AI is developing to a new stage where the security confirmation and authentication will be processed from face and visual recognition. Home security systems such as consumer video cameras are integrated with AI technology with a new security validation framework to enhance safety and security through facial recognition, fingerprints and voice recognition. AI is proposed to be applied in smart alarms to create databases of all incoming alerts, which then could be analyzed to predict false alarms. For instance, in June 2022, Infineon Technologies AG, a Germany-based manufacturer of semiconductors, launched its battery-operated Smart Alarm System (SAS). The technology platform uses sensor fusion based on artificial intelligence/machine learning (AI/ML) to achieve high precision and extremely low-power operation. Performance is astounding when this technique is used in conjunction with low-power wake-on acoustic event detection. The compact design achieves equal to or greater battery life compared to less sophisticated solutions while outperforming the detection accuracy of acoustic-only alarm systems currently used in smart homes and buildings and other IoT applications. California's Senate Bill 327, states the security regulations to be followed for all devices that connect to the internet, including smart home security. The bill requires the manufacturer of such a device to be equipped with appropriate security features, designed to prevent unauthorized access, modification, or information disclosure. The bill states that the information collected by the device should be appropriate and protected from unauthorized use. Also, if the device needs to be used outside the local area network, the user should generate a new password other than the one allotted to it by default, in order to prevent attack by hackers. This bill is proposed to be effective from January 1, 2020, in California, US. In September 2021, Security Alarm Corporation (SAC), a commercial and residential systems integration company, acquired Alert Alarm Systems Plus, Inc. (AASP) of Sarasota, FL. The goal of this acquisition is to expand the company's Gulf Coast and AASP markets. Alert Alarm Systems Plus, Inc.'s company offers security control equipment and monitoring services. The Asia-Pacific was the largest region in the smart home security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global smart home security market report during the forecast period. The regions covered in the global smart home security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart home security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart home security market consists of sales of security devices for household use that can be connected to Wi-Fi and accessed from anywhere using smartphones, smartwatches or voice. The security devices produced include devices such as smart alarms, smart cameras, smart locks, smart detectors, and others. This market does not include the installation of these devices and/or integration with the home set-up. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart home security market research report is one of a series of new reports from The Business Research Company that provides smart home security market statistics, including smart home security industry global market size, regional shares, competitors with a smart home security market share, detailed smart home security market segments, market trends and opportunities, and any further data you may need to thrive in the smart home security industry. This smart home security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Internet of Things (IoT) security refers to the safeguards and protections provided for cloud-connected devices such as home automation, SCADA machines, security cameras, and any other technology that connects directly to the cloud. The main types are network security, endpoint security, application security, cloud security, and others. Network security is a designed set of rules and configurations, used to protect the integrity, confidentiality and accessibility of computer networks and data using both software and hardware technologies. The iot security market components are solutions and services. The various applications of iot security market are healthcare and life sciences, infrastructure and cities, industrial systems and sensors, smart home and consumer, and transport and urban mobility. The global IoT security market is segmented - 1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Types 2) By Application: Healthcare & Life Sciences, Infrastructure & Cities, Industrial System & Sensors, Smart Home & Consumer, Transport & Urban Mobility 3) By Component: Solution, Services The global iot security market size will grow from $5.09 billion in 2022 to $6.68 billion in 2023 at a compound annual growth rate (CAGR) of 31.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global iot security market is expected to grow to $20.04 billion in 2027 at a CAGR of 31.6%. As the population is growing, the need for sustainable development is of more important. Smart cities are well equipped with handling high traffic, population control, and better security for people. The execution for such a task can be done by installing IoT Devices in the smart cities. This involves connecting devices to one another, exchange data in a secured manner, forming a pattern and then providing a final solution. The remotely connected CCTV and automated incident detection (the use of computers to continuously monitor traffic conditions and detect incidents or traffic queues) allow a quicker response to threats. IoT led crowd management solutions help monitor and manage crowds of people across all sorts of gatherings. Smart street lighting helps to lower crime rates and improve driving conditions. This rising demand for security in the smart cities increases investment in the IoT Security Market. For instance, as on 12 November 2021, Indian Central Government released ? 27,235 crore ($ 3.67 billion) to States/Union Territories for the Smart Cities. Major players in the Internet of Things iot security market are CisCo., IBM, Intel, Infineon, Symantec Corporation, Check Point Security Software, Gemalto, AT&T Inc., Alcatel-Lucent S.A, Allot, Fortinet, Mocana, Securithings, Centri, Armis, Forgerock, Newsky, PTC Inc., Verizon Enterprises Solutions, Trustwave, Siemens AG, Wurldtech Security, Axeda Machine Cloud, Huawei Technologies Co. Ltd., NETCOM On-Line Communication Services, Sophos, NSIDE Secure and ARM Holding. Lack of awareness regards the importance of IoT security and risk-mitigating measures among the people may hinder the IoT security market growth. The IoT security service providers are impacted due to the lack of awareness as there are instances where the IoT devices have been attacked by malicious software and viruses. Installing an IoT device does not simply solve the problem of security concerns. For instance, according to a survey conducted by Trend Micro, IT Security firm, 86% of IT and security decision-makers across the globe believe that their organizations need to enhance their awareness of IoT threats. Furthermore, the survey stated that lack of awareness makes the organization fall and lead to thefts and data breaches. According to another survey conducted by Dynatrace, a software company, consumers continue to see a significant risk in IoT device security where two-thirds of them have encountered performance issues with potential risk. The increasing usage of block chain technology in order to protect data of IoT devices, enhance transparency and security, reduce costs, and increase efficiency is a new trend in the IoT Security market. Block chain is a distributed decentralized ledger and underlying technology of bitcoin (a cryptocurrency) which is shared database (can be saved, owned, updated at different levels), not managed by central authority, comprising secure transactions, authenticated and verifiable. The block chain technology is integrated into IoT networks to provide additional privacy and security. It helps in reduction of processing time and cost, records transactions of all connected IOT devices, ensures tracking connected devices, coordinates these devices and aid smooth transaction process, provides efficiency to compliance issues, avoid re-entries, data leakages and frauds, minimize time to settle losses and ensures cryptographic security. For instance, Atonomi provides IoT security solutions to IoT developers and manufacturers with blockchain based immutable identity and reputation tracking. Moreover, in August 2021, according to an article published by Aksjebloggen, a Norway-based provider of financial information, by 2024, it is anticipated that global spending on blockchain solutions will increase by 188% and reach $19 billion. In 2020, global spending on blockchain solutions is by 66% year over year. According to statistics, this amount is predicted to rise by $2.1 billion in 2021 and then by another $12.4 billion during the following three years. The European Telecommunications Standards Institute (ETSI), a Technical Committee on Cybersecurity (TY Cyber) released a first globally applicable standard for consumer IOT security, ETSI TS 103 645, so as to keep a security baseline for all internet-connected consumer products and provide a basis for future IoT certification schemes. This standard states that IoT devices must make it easy for consumers to delete their personal data when there is a transfer of ownership. The standard also requires the implementers to stop using universal default passwords as it may lead to a large number of security issues. It also allows the security researchers to report any kind of security flaw in the IoT device. In June 2020, Microsoft Corporation, a USA-based technology company that develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services acquired Cyber X, Inc. for $165 million. This acquisition will expand Microsoft Corporation Azure IoT security offerings, including Azure Sentinel, to cover devices in a variety of industrial settings. Cyber X, Inc., a USA-based Computer & Network Security company. The Asia-Pacific was the largest region in the Internet of Things iot security market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global iot security market share report during the forecast period. The regions covered in the global Internet of Things iot security market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Internet of Things (IoT) security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The Internet of Things iot security market includes revenues earned by entities by offering Internet of Things (IoT) security devices/ software to protect connected network infrastructure. IoT security is a specialized area that provides solutions for safeguarding smart devices, networks, other connected devices and centralized user hubs from unwanted manipulation. This industry includes establishments that provide security solutions to counter IoT security threats such as remote vehicle hijacking, privacy leaks, brute force attacks on passwords and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The iot security market research report is one of a series of new reports from The Business Research Company that provides iot security market statistics, including IoT Security industry global market size, regional shares, competitors with a iot security market share, detailed iot security market segments, market trends and opportunities, and any further data you may need to thrive in the IoT Security industry. This iot security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Security screening refers to screening measures that are designed to keep forbidden objects and other hazards out of the sterile area. These security screening and checkpoints protect the locations from any hazardous events, reassuring travelers that they are safe and protecting people and places. The main types of security screening are x-ray systems, metal detectors, explosive detectors, biometric systems and others. The x-ray system refers to threat detection technologies with intelligent and flexible system design. As a consequence, a dark image is created when the majority of the x-rays are absorbed, whereas a brilliant image is created when the majority of the x-rays flow through the object. Mail and parcel, baggage scanning cargo and vehicle inspection, explosives and narcotics have security screening applications. Security screening is used in government buildings, airports, educational institutes, public places, and others. The global security screening market is segmented - 1) By Type: X-Ray System, Metal Detectors, Explosive Detectors, Biometric System, Other Types 2) By Application: Mail And Parcel, Baggage Scanning, Cargo And Vehicle Inspection, Explosives And Narcotics 3) By End-User: Government Buildings, Airports, Educational Institutes, Public Places, Other End-Users The global security screening market size will grow from $9.37 billion in 2022 to $10.13 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the security screening is expected to grow to $14.08 billion in 2027 at a CAGR of 8.6%. The increasing terrorism is expected to propel the growth of the security screening market. Terrorist uses illegal force and violence to achieve a political, economic, religious, or social purpose through fear, compulsion, or intimidation. With these growing unlawful immigration and terrorist acts worldwide, the demand for security screening systems has risen. According to the Global Terrorism Index, there were 5,226 terrorist acts worldwide in March 2022, up from 4,458 in 2020, which is an increase of 17%. Few nations, including Afghanistan, Iraq, and Somalia, are more significantly impacted by terrorism. Therefore, increasing terrorism will drive the security screening market growth. Major players in the security screening market are Smiths Group plc, L-3 Communication Holding Inc., OSI Systems, Magal Security Systems Ltd., Argus Global Pty Ltd., Analogic Corporation, American Science and Engineering Inc., Aware Inc., Digital Barriers plc, Anviz Global Inc., Laxton Group, Implant Sciences Corporation, 3DX-RAY, ADANI Systems, NEC Corporation, Lockheed Martin, Raytheon, Leidos, Thales, Teledyne ICM, Bruker and Nuctech. Technological advancements have emerged as the key trend in the security screening market. Major companies operating in the security screening market are focused on providing technologically advanced solutions to strengthen their market position. These companies are implementing next-generation security screening technologies into their product and services, such as CT scanners, under-vehicle inspection technologies (UVIS), automated screening lanes, facial recognition, millimeter-wave technology, and others to safeguard and prevent prohibited items and other threats to security. For instance, in November 2021, Smith detection, a threat detection and security screening company, collaborates with Microsoft and Heathrow to build an artificial intelligence technology to detect wildlife trafficking. In the initial testing phase, this technique will be used with their existing screening and security infrastructure to combat illegal wildlife trafficking with AI-powered technology. In May 2020, Leidos, a US-based engineering company, acquired L3Harris Technologies’ (“L3Harris”) Security Detection and Automation businesses for approximately $1 billion in cash. With this acquisition, Leidos will continue to broaden the scope and scale of its operations in securing ports and borders, enhancing passenger circulation in future airports, and reinforcing infrastructure for national security and public venues. L3Harris Technologies is a US-based defense and space manufacturing company. North America was the largest region in the security screening market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the security screening market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The security screening market includes revenues earned by entities by providing measures preventing illicit and other potential hazards to transportation security from accessing the airport's sterile space. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The security screening market research report is one of a series of new reports from The Business Research Company that provides security screening market statistics, including security screening industry global market size, regional shares, competitors with a security screening market share, detailed security screening market segments, market trends and opportunities, and any further data you may need to thrive in the security screening industry. This security screening market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A vehicle tracking system is a system that enables the tracking and control of automobiles via an online computer, smartphone, tablet, or other device using GPS satellites. The main types of vehicle tracking systems are active and passive. Active vehicle tracking systems similarly collect information as passive tracking systems do, but active tracking systems send the information in real-time to a computer or data centre for processing via cellular or satellite networks. The different types of vehicles include commercial vehicles and passenger vehicles and are used in various applications such as mobile tracking, cellular tracking, and satellite tracking. It is implemented in several sectors, including transportation and logistics, construction and manufacturing, aviation, retail, government, and others. The global vehicle tracking systems market is segmented - 1) By Type: Active, Passive 2) By Vehicle: Commercial Vehicles, Passenger Vehicles 3) By Application: Mobile Tracking, Cellular Tracking, Satellite Tracking 4) By Industry Vertical: Transportation And Logistics, Construction And Manufacturing, Aviation, Retail, Government, Other Industry Verticals The global vehicle tracking systems market size will grow from $17.27 billion in 2022 to $20.78 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the vehicle tracking systems is expected to grow to $38.75 billion in 2027 at a CAGR of 16.9%. The growing demand for car rental and leasing services is expected to drive the growth of the vehicle tracking systems market going forward. Consumers are preferring automobile rentals over public transportation as the desire for individual mobility and social distancing norms has increased due to the global pandemic. Car owners are increasingly spending on the vehicle tracking system for the updated status of the vehicle. For instance, according to AutoRentals.com, a US-based car rental website, the U.S. car rental market reached $23.22 billion in 2020. Thus, the increase in car rental and leasing services will propel the vehicle tracking system market growth. Major players in the vehicle tracking systems market are Verizon Connect, Spireon, Geotab, TomTom, Teletrac Navman, Cartrack, CalAmp, Teltonika, Orbcomm, Xirgo Global, Laipac, Trackimo, AirIQ, Fleetmatics, Mix Telematics, Trimble, Actsoft, Ctrack, and Masternaut. The introduction of 5G technology in vehicle tracking systems is shaping the vehicle tracking systems market. 5G technology offers great opportunities for in-vehicle connectivity and monitoring processes by providing faster data transfer and enhancing vehicle communication. Companies in the market are investing in developing GPS tracking solutions coupled with 5G technology. For example, in April 2021, Forward-Thinking Systems, a US-based software company, in collaboration with Cradlepoint, a US-based telecommunications equipment company, launched its first-ever 5G vehicle telematics solution, the R1900 router, for fleets of all sizes and industries. The R1900 supports multiple 5G connections and is designed to survive harsh environments, ensuring that fleet cars and devices remain connected wherever they go. In May 2020, Accel-KKR, a US-based technology equity firm, acquired GPS Insights LLC for an undisclosed amount. Through this acquisition, Accel-KKR intends to create a market-leading platform that combines the best in fleet management and field services management. GPS Insights is a US-based company that provides GPS fleet tracking software for fleet-based firms. North America was the largest region in the vehicle tracking system market in 2022. The regions covered in vehicle tracking system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vehicle tracking systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The vehicle tracking systems market includes revenues earned by entities by offering such as fleet management, vehicle maintenance, managing driving behavior, and fuel consumption. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vehicle tracking system market research report is one of a series of new reports from The Business Research Company that provides vehicle tracking system market statistics, including global market size, regional shares, competitors with a vehicle tracking system market share, detailed vehicle tracking system market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle tracking system industry. This vehicle tracking system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vehicle security system are devices that uses a sensor or an alarm to protect the vehicle, monitor the vehicle against theft and other actions. Vehicle security also uses factory alarm system control, door lock control, and a computerized data network to secure the vehicles. The main types of products in vehicle security system market are immobilizers, alarm systems, tracking systems, central locking systems, remote keyless entries, and others. Immobilizers are used to secure the vehicle from theft. Immobilizers are connected to the vehicle to provide security by reducing the vehicle from being hotwired and security from theft. The different technologies include a global positioning system, a global system for mobile communication, a face detection system, real-time location system, and others that are implemented in different vehicle types such as passenger cars, commercial vehicles, and others. The global vehicle security system market is segmented – 1) By Product Type: Immobilizers, Alarm System, Tracking System, Central Locking System, Remote Keyless Entry and Other Product Types 2) By Technology: Global Positioning System, Global System for Mobile Communication, Face Detection System, Real-Time Location System and Other Technologies 3) By Vehicle Type: Passenger Car, Commercial Vehicles and Other Vehicle Types The global vehicle security system market size will grow from $8.57 billion in 2022 to $9.5 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of vehicle security system market is expected to grow to $13.35 billion in 2027 at a CAGR of 8.9%. The increasing cyberattacks are expected to propel the growth of the vehicle security system market going forward. A cyberattack is a deliberate attempt by an individual or organization to breach the information system of another individual or organization. As automotive innovation grows, cybersecurity evolves as a real concern. Automotive vehicle security system secures electronic systems, communication networks, software, and data collected by the new wave of intelligent cars from harm. If a vehicle’s computer systems aren’t protected properly, hackers can steal data or even take control of the vehicle. For instance, according to Automotive Cybersecurity Report 2021 published by Upstream, an Israel-based automotive cybersecurity company, the frequency of cyberattacks on cars increased 225% from 2018 to 2021 and 85% of the attacks in 2021 were carried out remotely. Therefore, the increasing cyberattacks drive the growth of the vehicle security systems market. Major players in the vehicle security system market are Continental AG, Delphi Automotive, Denso Corporation, Hella Kgaa Hueck & Co., Lear Corporation, Mitsubishi Electric Corporation, Robert Bosch GmbH, Tokai Rika Co. Ltd., Valeo SA, TRW Automotive, ZF Friedrichshafen AG, Aptiv PLC, Omron Corporation, Clifford, and Viper Security Systems. Technological advancements have emerged as a key trend gaining popularity in the vehicle security system market. Major companies operating in the vehicle security system sector are focused on developing new technological solutions to reinforce their position. For instance, in January 2022, Ford, a US-based automobile manufacturer, and ADT Security Services, a US-based security company announced a $100 million standalone joint venture called Canopy to help prevent theft from vehicles using sensors and AI. According to the companies, by 2023, Canopy will initially provide an after-market security product for customers to install a camera in a cargo vehicle or pickup that faces back and relies on AI to identify and report credible threats and trigger an alarm when signs and sounds of metal cutting or breaking glass or suspicious sounds or motion near a vehicle are detected. The joint venture's and technology's principal goal is to prevent vehicle theft before it happens. In May 2020, ZF Friedrichshafen AG, a Germany-based vehicle security system company acquired WABCO for an undisclosed amount. With this acquisition, the ZF plans to expand its commercial vehicle service portfolio and operating customer business and also focuses on mobilizing commercial vehicle intelligence. WABCO is a US-based commercial vehicle security company that develops mobilizing vehicle intelligence technology for vehicle security. Asia-Pacific was the largest region in the vehicle security system market in 2022. The regions covered in the vehicle security system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vehicle security system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vehicle security system market consists of sales of passive security systems, active security systems, alarms and immobilizing devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vehicle security system market research report is one of a series of new reports from The Business Research Company that provides vehicle security system market statistics, including vehicle security system industry global market size, regional shares, competitors with a vehicle security system market share, detailed vehicle security system market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle security system industry. This vehicle security system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Security as a service refers to a business model in which a service provider provides or integrates security solutions into the company’s infrastructure on a subscription basis. With the utilization of security as a service model, companies benefit from the expertise of a dedicated security team specialized in preventing breaches in cloud computing environments. The main types of security as a service include solutions and services. The solution refers to security solutions offered through the cloud or private network as a service model, which includes business continuity and disaster recovery, encryption, data loss prevention, identity and access management, intrusion management, security information and event management, vulnerability scanning, and others. The main applications of security as a service include network security, endpoint security, application security, and cloud security. They are used in both SME’s and large enterprises ranging from BFSI, telecom and IT, healthcare, retail, manufacturing, and government. The global security as a service market is segmented - 1) By Component: Solution, Service 2) By Application: Network Security, Endpoint Security, Application Security, Cloud Security, Other Applications 3) By Organization Size: SMEs, Large Enterprises 4) By End User: BFSI, Telecom & IT, Healthcare, Retail, Manufacturing, Government, Other End Users The global security as a service market size will grow from $13.59 billion in 2022 to $15.37 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the security as a service is expected to grow to $25.65 billion in 2027 at a CAGR of 13.7%. The increase in adoption of cloud-based services has driven the security as a services market. Cloud-based services are services offered over the Internet or dedicated network with delivery on demand. Due to the COVID-19 pandemic and lockdowns, small and medium-scale Enterprises are increasingly focusing on streamlining their business models by adopting cloud services, which are highly prone to cyber-attackers. Thus, companies are increasingly investing in cloud-based security services to tackle cyber-attacks and protect sensitive and confidential information. According to the report of Ziff Davis, a New York-based digital media and internet company, approximately 40% of the global workforce adopted cloud-based services in 2020 and is expected to reach 80% by 2025, exceeding 100 Zettabytes of data in cloud data centres. Furthermore, according to the Findstack report, 92% of an organization’s IT environment is likely to be in the cloud by 2022. Hence, the rising adoption of cloud-based services is expected to boost security as a service market during the forecast period. Major players in the security as a service market are Trend Micro Incorporated, IBM Corporation, Microsoft Corporation, Zscaler Inc., Cisco Systems Inc., Fortinet, Norton LifeLock, Mindsight, Sentinel Technologies, Happiest Minds, Okta, Proofpoint, Stratejm, HackerOne, Forcepoint, Sophos, Clearswift, Alert Logic, Cygilant, Barracuda Networks, and Barracuda Networks. Strategic partnership and collaboration is an emerging trend gaining popularity in security as a services market. The companies operating in the security as a service sector are entering into collaboration and partnership for the smooth development of the technologically-advanced solutions and to deliver the most trusted and innovative solutions to public sector organizations and companies across the globe. For instance, in May 2020, McAfee Corp., an American global computer security software company announced a collaboration with Atlassian Corporation PLC. to bring advanced data security and threat protection to enable the customers who accelerate their move to the cloud. Furthermore, in July 2020, Thales Group announced a collaboration with Google Cloud to co-develop a sovereign hyper-scale cloud offering for France. In February 2022, Inspira Enterprise India Limited (Inspira), an India-based company engaged in providing cyber-security services, acquired Al Gebra Security & Solutions Pvt Ltd., an India-based provider of private identity access and cloud security management solutions for an undisclosed amount. With this acquisition, Inspira will help its customers to create and maintain a more safe and robust security architecture and meet legal obligations, reduce data breaches, and manage user identities to the maximum possible extent. North America was the largest region in the security as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the security as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The security as a service market includes revenues earned by entities by providing services such as threat intelligence and response, cybersecurity expertise, and constant monitoring for threats. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The security as a service market research report is one of a series of new reports from The Business Research Company that provides security as a service market statistic, including security as a service industry global market size, regional shares, competitors with a security as a service market share, detailed security as a service market segments, market trends and opportunities, and any further data you may need to thrive in the security as a service industry. This security as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.