United States Smart Personal Safety and Security Devices Market to Grow at Formidable CAGR During forecast period

Increasing security concerns along with rising demand from outdoor enthusiast to drive United States smart personal safety & security devices market through 2024

According to TechSci Research report, “United States Smart Personal Safety & Security Devices Market By Type, By Component, By End User, By Region, Competition, Forecast & Opportunities, 2024”, United States smart personal safety & security devices market is expected to grow at a formidable rate during the forecast period owing to the increasing use of these devices in various sports applications and their growing use by outdoor enthusiast. Additionally, these devices are user friendly and autonomous in nature. However, high price and lack of awareness regarding the devices can hamper the market during forecast period.

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The United States smart personal safety & security devices market is segmented based on type, component, end user, company and region. Based on type, the market can be bifurcated into safety and security. The personal safety segment is expected to dominate the market during forecast period on account of growing safety concerns among the population due to the increase in the criminal activities. Based on end user, the market can be fragmented into BFSI, healthcare, defence, telecommunications and others. The defence segment holds a significant share owing to the modernization of the defence segment and growing terrorism and safety requirements.

DAQRI LLC, Force Impact Technologies,    iBeat, Fitbit, UnaliWear Inc., Honeywell International, Inc., General Electric, Revolar Inc., Safelet B.V., SKULLY Technologies and others are some of the leading players operating in United States smart personal safety & security devices market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“United States smart personal safety & security devices market is expected to witness significant growth during the forecast period, owing to the growing awareness towards personal safety and security in the region. Additionally, higher demand and consumption of smart security and safety devices by tech-savvy population in the United States is further expected to propel the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United States Smart Personal Safety & Security Devices Market By Type, By Component, By End User, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of United States smart personal safety & security devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States smart personal safety & security devices market.

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