Smart Personal Safety and Security Device Market Research Report - Global Forecast till 2030

Smart Personal Safety and Security Device Market Research Report Information By Type (Smart Personal Security (Wearable Devices (Bracelet, Pendant, Ring, Other Devices), Bulletproof Bags, Personal Alarm, Panic Button, Fall Detection Device, Other Devices), Smart Personal Safety (Smart Helmet, Smart Mouth Guard, Smart Knee Guard, Other Devices)), End User (Consumers, Defense, Factories, BFSI, Healthcare, Telecommunications, Others), Region (North America, Europe, Asia-Pacific, Rest of the World) - Industry Forecast till 2030

ID: MRFR/SEM/1334-CR | 155 Pages | Author: Ankit Gupta | December 2020         

Smart Personal Safety Security Device Market Speak to Analyst Request a Free Sample

Smart Personal Safety and Security Device Market Overview


The global Smart Personal Safety and Security Device Market is expecting a major demand during the ongoing forecast period of 2020-2030. Because of these trends and rising global demand, the Smart Personal Safety and Security Device Market is likely to be valued at USD 8.74 Billion by the end of the forecast period. The Smart Personal Safety and Security Device Market will grow at an 13.6% CAGR rate during the period. The main reason that backs the constant growth of the small personal safety and security device market is that the products 3.6 are autonomous and easy to use.


Smart security devices support wireless functioning and can be connected to the Internet with the help of any tool from a third party. The use of these devices is more avid when it comes to safeguarding the interests of the market end-users as these devices support functions like tacking and measuring. Also, these devices are designed in such a way to carry the potential to instantly send an emergency text to close friends and family with a single press only. This is a step towards ensuring and meeting better and reliable safety standards. Further, the rising crime rates and spread of false information needs to be curbed which presents excellent aspects for the Smart Personal Safety and Security Device Market during the forecast period that ends in 2030.


Covid 19 Analysis


The impact of the COVID 19 pandemic was vast and affected the production and manufacturing units of many proprietors and businessmen. The Smart Personal Safety and Security Device Market is expecting a minor turndown due to the lockdown imposition and functional restraints as imposed by the governments across various global locations. The manufacturing units are facing the unavailability of the workforce, raw material, and logistic support that is resulting in a halt of the services. This will hamper the smoothly running supply chain mechanism and hence, the demand is declining.


The key market players are focusing on developing devices that have a huge range of features that cater to the needs of the target audience on a large scale.


Smart Personal Safety and Security Device Market Dynamics




  • Market Drivers




Smart personal safety devices have a major role to play in ensuring the complete safety of the market end-users. These devices are packed with features like convenient usage that target the need of the target audience to both measures and monitor the impact and correctness of the figures as provided by these devices. Also, these devices target the rising demand amongst various fields and applications like sports. Outdoor enthusiasts are demanding these products on a wide scale and this is likely to drive the Smart Personal Safety and Security Device Market growth during the forecast period.




  • Market Restraints




One of the major restraints that the market operations are exposed to during the period and will create issues to meet the predicted targets is that the target audience is not fully aware of the features of these devices. Also, the audience is not technologically aware of the use and is reluctant to use these products and devices owing to concerns related to information misuse and data breach.




  • Technology Analysis




Smart security devices possess the ability to conceive, transmit and send an emergency message and receive them, to and from people around in a single go. As a part of the growth strategies, the Smart Personal Safety and Security Device Market players are developing features and devices so that the market end-users trust and are confident about the authenticity of the data generated during the forecast period that ends in 2030. For instance, the Smart Personal Safety and Security Device Market players have recently developed smart helmets that contain an inner flexible layer. The presence of this layer in the helmets helps them perform safety functions like acting as a hard and shock absorbent if there is any occurrence of an event that results in a bad impact.


Segment Overview


Smart Personal Safety and Security Device market is anticipated to witness significant growth owing to the performance of different market segments. Among these, the smart personal security segment will be the fastest-growing and also contribute towards this market growth more than any other segment. As the wearable device segment is witnessing very high demand among consumers. For an amplifying use the Smart Personal Safety and Security Device Market has been segmented into the following on different bases:


Based on type, it has smart personal security and smart personal safety.


Based on end-user, it has Consumers, Defense, Factories, BFSI, Healthcare, Telecommunications, Others.


Smart personal security segment is further divided into Wearable Devices, Bracelet, Pendant, Ring, Bulletproof Bags, Personal Alarm, Panic Button, Fall Detection Device, and other Devices


The smart personal safety segment is also further segregated into Smart Helmet, Smart Mouth Guard, Smart Knee Guard, and Other Devices.


Smart Personal Safety and Security Device Industry News


In July 2023, in a highly anticipated product launch, a leading tech company unveiled its latest smart personal safety wearable device. With an impressive investment of $500 million in research and development, the device features real-time GPS tracking, an emergency SOS button, and advanced health monitoring capabilities. Experts project that the company's bold move into the personal safety market will significantly boost their revenue and market share.


In June 2023, with the growing concerns over data breaches, a prominent personal safety device manufacturer implemented blockchain technology to secure user data. The move significantly bolstered investor confidence, leading to a remarkable surge in the company's market value by 30%. The integration of blockchain ensures the safety and privacy of user data, making the manufacturer a standout player in the competitive smart safety device market.


In June 2023, an AI-driven personal safety app that leverages machine learning algorithms to detect and respond to potential threats raised a staggering $150 million in a recent funding round. The substantial investment will be used to further enhance the app's capabilities and expand its user base. With this influx of funds, the company aims to solidify its position as a dominant player in the burgeoning market of AI-powered personal safety solutions.


In July 2023, a pioneer in incorporating biometric authentication into smart personal safety devices secured a strategic investment of $80 million. The funding will be utilized to further develop cutting-edge biometric technologies, including fingerprint recognition and facial recognition, offering users enhanced security and convenience. The company's ability to stay at the forefront of biometric advancements has garnered attention from investors seeking to capitalize on the booming personal safety market.


Regional Analysis


The Smart Personal Safety and Security Device market movement is remarkably working in 4 major regions of the world that is North America, Asia Pacific, Europe, and the rest of the world. Among all these regions, the North American region will dominate this market, and the reason attributed to it is that the companies making smart devices are getting involved and making the users aware of their safety and security. Also, new technological advancements taking place in the communication technology sector. North America will account for the largest market share during the forecast period conquering about 42 % of the global market. Asia Pacific region will also witness tremendous growth due to rising safety concerns among the end-users. Asia pacific region will be the second-largest market and will witness a CAGR growth of 13.5%. The Asia Pacific market will be valued at approx. 960.6 million by the end of the forecast period. On another hand, the European market and the rest of the world will witness moderate growth during the forecast period due to a lack of awareness about technological advancements and inventions taking place.


Competitive Landscape


To get a detailed and profound idea about the Smart Personal Safety and Security Device market insights, it is very important to create a competitive environment amongst the different valuable players present at different market locations all around the world. All the market players are competing with each other globally in the international markets by implementing various types of strategies such as product launches and upgrades, mergers and acquisitions, partnerships, etc. The prime players of this market include:-



  • FORCE IMPACT TECHNOLOGIES INC. (US)

  • ERICSSON (SWEDEN)

  • HONEYWELL INTERNATIONAL INC. (US)

  • DAQRI, LLC (US)

  • UNALIWEAR, INC. (US)

  • HUAWEI TECHNOLOGIES CO. LTD. (CHINA)

  • GENERAL ELECTRIC COMPANY (US)

  • FITBIT, INC. (US)

  • REVOLAR, INC. (US)

  • ADT, INC. (US)

  • SAFELET B.V. (THE NETHERLANDS)

  • KORE WIRELESS GROUP (US)

  • 100PLUS, INC. (US)

  • SKULLY (GEORGIA)

  • MC DAVID INC (US)

  • PORTER (INDIA)

  • SVOR (FRANCE)

  • PESTEL (US)


Recent Developments



  • In April 2020, the Fitbit charge 4 was launched by Fitbit inc. for pre-order. the special features of this charge 4 were that it has GPS, a heart rate monitor, sp o2 blood oxygen monitor, sleep tracking, monitoring of heart rate while resting, and vo2 max monitoring.

  • in April 2020, a remote patient monitoring platform was launched by 100plus that will work together with other remote patients monitoring devices such as blood glucose monitors, blood pressure cuffs, and digital weight scale.

  • in November 2019, Fitbit was acquired by Google for a massive amount of USD 2.1 billion. this acquisition was expected to be the entry of Google in the health and activity tracking sector. also, it already offers that operate on smartwatches, wear os which is a customized version of its Android operating system.

  • in October 2019, the acquisition of i-view now, a leading video alarm verification service was announced by ADT, inc. to reduce the false alarms and optimize the priority response from emergency services, the verification technology of i-view now was to be combined with core monitoring strengths of ADT.


Intended Audience



  • Financiers

  • Government bodies

  • Research institutes and organizations

  • Market research and consulting firms

  • End-users/enterprise-users

  • Managed service providers (MSPs)

  • Value-added resellers (VARs)

  • Providers of raw materials

  • Brand customers/ OEMs/ ODMs

  • Smart Personal Safety and Security Device providers

  • Smart Personal Safety and Security Device associations, organizations, forums, and alliances

  • Distributors and sales firms of Smart Personal Safety and Security Device

  • Smart Personal Safety and Security Device end-users and industries


Report Overview


The Smart Personal Safety and Security Device Market report presents a shift analysis that includes market drivers, opportunities, and restraints that are available in the global market. The Smart Personal Safety and Security Device Market report helps in predicting the CAGR rate of growth for the market and the final market valuation likely to be attained as a result of the operations by the end of the forecast period in 2030. The report discusses the impact of covid-19 on the key players of this market. The Smart Personal Safety and Security Device Market report also tells about the market segmentation on a different basis and how a competitive environment is developed among the key players around the globe. At last, the report presents some recent developments in this industry.

Report Scope:

Report Attribute/Metric Details
Market Size in 2030 USD 8.74 Billion
CAGR 13.6% (2020-2030)
Base Year 2019
Market Forecast Period 2020-2030
Historical Data 2018
Market Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, End User
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors Force Impact Technologies Inc. (US), Ericsson (Sweden), Honeywell International Inc. (US), Daqri, LLC (US), Unaliwear, Inc. (US), Huawei Technologies Co. Ltd. (China), General Electric Company (US), Fitbit, Inc. (US), Revolar, Inc. (US), ADT, Inc. (US), Safelet B.V. (The Netherlands), KORE Wireless Group (US), and 100Plus, Inc. (US)
Key Market Opportunities Consumer inclination towards highly advanced smart wearables is expected to create opportunities in the global market.
Key Market Drivers The rising concerns regarding the security of women and children. Advancements in communication technology




Frequently Asked Questions (FAQ) :

The end-user segments studied to assess the future trajectory of the smart personal safety and security device market are BFSI, telecommunication, healthcare, defense, and consumer electronics.

North America is poised to dominate the market on account of rising awareness about personal security solutions.

Increasing crime rate, in conjunction with integration of advancing technologies, is expected to drive market growth in the coming years.

The market is expected to mark 13.6% ACGR by 2030.

The technology-based segments of the smart personal safety and security device market are - sensor, network, and navigation.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Request Free Sample

Why Choose Market Research Future?

  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Speak to Analyst
Leading companies partner with us for data-driven Insights.
Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo

Kindly complete the form below to receive a free sample of this Report

Please fill in Business Email for Quick Response
Invalid