According to Data Bridge Market Research new Market report, global burglar alarm market will account to an estimated USD 3.58 billion in 2018 growing at a CAGR of 5.6% during the forecast period of 2019 to 2026. 
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Global Burglar Alarm Market
Burglar alarm can be defined as those electronic devices and equipments that are utilized for the protection of residences and commercial areas against intrusion of personnel or theft of any kind. It involves the usage of an electronic circuit which is integrated with various other devices which detect the presence of any unwanted personnel and inform the user of the alarm against this activity.
Segmentation: Global Burglar Alarm Market
Global burglar alarm market is segmented on the basis of system & hardware, end-user and geography. By System & Hardware (Central Monitoring Receiver, Remote Terminal Unit, Alarm Sensors), End-User (Small and Medium Enterprises, Residential) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) FACTORS DRIVING GROWTH IN BURGLAR ALARM MARKET Innovative products’ launching strategy adopted by various competitors
- In 2018, Ring’s launched a home security system with help of burglar smart alarm that offers cameras and professional monitoring service to detect the atmosphere of the home.
- In 2017, Google Nest launched a smart burglar alarm, which is beneficial in providing facial recognition and other tools. It also offered built in video camera and speakers with new alarm system software.
Key Market Competitors: Few of the major competitors currently working in the burglar alarm market are Inovonics Wireless Corporation, Siemens AG, AEON SYSTEMS, INC., ASSA ABLOY, Johnson Controls, Napco Security Technologies, Inc., Securitas, Collins Aerospace, Hangzhou Hikvision Digital Technology Co.,Ltd., Honeywell International Inc., ADT, Banham Group and RISCO Group. Browse Related Reports: Global Volumetric Video Market By Volumetric Capture (Hardware, Software, Services), Application (Signage and Advertisement, Sports Events and Entertainment, Medical, Education and Training, Others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America) – Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-volumetric-video-market Global Electronic Safety System Market By Product Type (Video Surveillance Systems, Intrusion Alarm Systems, Fire Alarm Systems, Access Control Systems, IP and Analog CCTV, Electronic Article Surveillance and Detection Systems, Electrified Door Hardware, Hybrid Video Recorder, Network Video Recorder ), End- Users (Manufacturing Industries, Government Institutions, Educational Institutions, Healthcare Institutions, Data Centers, Commercial Infrastructure), Application (Residential, Commercial), Service (Business Intelligence, Cloud Based, Software- as – a- Service, Sales and Installation, Remote Monitoring, Loss Prevention), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-electronic-safety-system-market Global Fingerprint Sensor Market By Type (Swipe Sensors, Materials Used in Fingerprint Sensors, Area & Touch Sensors), Technology (Capacitive, Optical, Thermal, Others), Application (Consumer Electronics, Travel & Immigration, Government & Law Enforcement, Military, Defense, & Aerospace, Banking & Finance, Commercial Security, Healthcare, Smart Homes, Other Applications) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 https://databridgemarketresearch.com/reports/global-fingerprint-sensor-market
