![]() ![]() Therefore, there are raised security concerns for elder people as they are living independently. The majority of people are leaving their hometown to search for better job opportunities thus the migration of people results in the nuclear families and many of them are elder ones. 2020 is a year of exception and analysis, especially with the impact of lockdown by region. The past five years' trends are considered while forecasting the market through 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. To know about the Research Methodology :- Request Free Sample ReportĢ021 is considered as a base year to forecast the market from 2022 to 2027. This report gives detailed information about market drivers, restraints, opportunities, and the segmentation by type, Application and End-user. An increase in the number of criminal cases and the emergence of new technologies to enhance the safety of business are the main factors that are helped the growth of the market. The personal safety alarm market has shown remarkable growth in recent few years as these devices are majorly used in commercial sectors to raise security in the industry. There are different types of personal safety alarms such as smart wearables, key chains and vehicle safety alarms. As these alarm systems work on IOT technology which provides multiple connectivity’s. ![]() Also, personal safety alarms are cost-effective, user-friendly and easy to operate. ![]() Personal safety alarm devices are used for safety purposes such as to alert people about uncertain conditions or crime events. Global Personal safety alarms Market size is expected to grow at a CAGR of 5 % through the forecast period. Personal safety alarms Market was valued at US$ 9.36 Bn. ![]()
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