The Latin America, Middle East and Africa Burglar Alarm Systems Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
The control unit is the burglar alarm system's brain. The circuit board, power supply, batteries for the devices, and a keyboard to access it are all found here. Smart systems can be hosted in the cloud and the main security management software over the internet for data security, quick access, data analytics, and remote alerting from any device. For convenient access, many control units or alarm panels can be placed throughout large regions, with the master unit being the most crucial. The user receives, analyzes, and verifies signals from all of the sensors here.
When the sensors detect something unexpected, they sound an alarm, which can be a siren, an alert to the user, or a signal to another authority, such as a police station, or a mix of the above. The signal perceived by the hardware, on the other hand, may not always be accurate. The alarm system can also be triggered by pets, human error, equipment breakdown, or inappropriate functioning. This is referred to as a False Alarm. False alarms can also be caused by improper sensor use or installation. The owner may incur significant financial losses as a result of this. As a result, it's critical to double-check all of the alert signals.
In 2021, the UAE made significant progress toward a comprehensive digital transformation, capitalizing on the ICT sector's rapid growth and leveraging the country's technological infrastructure to respond to a variety of emergency challenges and provide the best-advanced services, including artificial intelligence, Internet of Things, and big data applications. According to the World Bank's GovTech Maturity Index 2021, which measures the maturity levels of digital transformation and reliance on modern technology in government work in 198 countries, the UAE achieved top rankings in digital transformation at the Arab, regional, and global levels in 2021, to join the top countries in the world in government digital transformation, and to be the only Arab country in this group.
The UAE is the only Arab country in the top ten digitally competitive countries, according to the IMD World Digital Competitiveness Ranking Report 2021. In the same report, it also came out on top in four sub-indicators: wireless broadband, foreign student net flow, immigration regulations, and cybersecurity. According to Ookla, an international pioneer in Internet speed analysis and testing, the UAE ranks first globally in mobile broadband speed and 14th globally and first in the Arab area in fixed broadband speed. With an annual growth rate of 9.8 percent, the number of smart houses in the UAE has reached around 190,000 smart homes that use digital technologies.
The Brazil market dominated the LAMEA Burglar Alarm Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $103 million by 2028. The Argentina market is anticipated to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7.7% during (2022 - 2028).
Based on Application, the market is segmented into Residential and Commercial & Industrial. Based on Component, the market is segmented into Hardware (Alarm Sensors, Motion Detection Sensors, Central Monitoring Receiver, Remote Terminal Unit, and Door/ Window Sensors), Software, and Services. Based on Type, the market is segmented into Wired Alarm System and Wireless Alarm System. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Burglar Alarm Systems Market is Predict to reach $5.7 Billion by 2028, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ADT, Inc., Assa Abloy AB, Hangzhou Hikvision Technology Co., Ltd., Honeywell International, Inc., Johnson Controls International PLC, Siemens AG, Napco Security Technologies, Inc., RISCO Ltd., Inovonics Wireless Corporation, and Banham Security.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Commercial & Industrial
By Component
- Hardware
- Alarm Sensors
- Motion Detection Sensors
- Central Monitoring Receiver
- Remote Terminal Unit
- Door/ Window Sensors
- Software
- Services
By Type
- Wired Alarm System
- Wireless Alarm System
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ADT, Inc.
- Assa Abloy AB
- Hangzhou Hikvision Technology Co., Ltd.
- Honeywell International, Inc.
- Johnson Controls International PLC
- Siemens AG
- Napco Security Technologies, Inc.
- RISCO Ltd.
- Inovonics Wireless Corporation
- Banham Security
TABLE 1 LAMEA Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Burglar Alarm Systems Market
TABLE 4 Product Launches And Product Expansions– Burglar Alarm Systems Market
TABLE 5 Acquisition and Mergers– Burglar Alarm Systems Market
TABLE 6 LAMEA Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 7 LAMEA Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 8 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Commercial & Industrial Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Commercial & Industrial Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 13 LAMEA Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 14 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 17 LAMEA Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 18 LAMEA Alarm Sensors Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Alarm Sensors Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Motion Detection Sensors Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Motion Detection Sensors Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Central Monitoring Receiver Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Central Monitoring Receiver Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Remote Terminal Unit Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Remote Terminal Unit Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Door/ Window Sensors Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Door/ Window Sensors Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 33 LAMEA Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 34 LAMEA Wired Alarm System Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Wired Alarm System Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Wireless Alarm System Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Wireless Alarm System Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Burglar Alarm Systems Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Burglar Alarm Systems Market by Country, 2022 - 2028, USD Million
TABLE 40 Brazil Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 41 Brazil Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 42 Brazil Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 43 Brazil Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 44 Brazil Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 45 Brazil Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 46 Brazil Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 47 Brazil Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 48 Brazil Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 49 Brazil Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 50 Argentina Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 51 Argentina Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 52 Argentina Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 53 Argentina Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 54 Argentina Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 55 Argentina Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 56 Argentina Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 57 Argentina Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 58 Argentina Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 59 Argentina Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 60 UAE Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 61 UAE Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 62 UAE Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 63 UAE Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 64 UAE Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 65 UAE Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 66 UAE Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 67 UAE Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 68 UAE Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 69 UAE Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 80 South Africa Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 81 South Africa Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 82 South Africa Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 83 South Africa Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 84 South Africa Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 85 South Africa Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 86 South Africa Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 87 South Africa Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 88 South Africa Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 89 South Africa Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 90 Nigeria Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 91 Nigeria Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 92 Nigeria Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 93 Nigeria Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 94 Nigeria Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 95 Nigeria Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 96 Nigeria Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 97 Nigeria Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 98 Nigeria Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 99 Nigeria Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 100 Rest of LAMEA Burglar Alarm Systems Market, 2018 - 2021, USD Million
TABLE 101 Rest of LAMEA Burglar Alarm Systems Market, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA Burglar Alarm Systems Market by Application, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA Burglar Alarm Systems Market by Application, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Burglar Alarm Systems Market by Component, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Burglar Alarm Systems Market by Component, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Burglar Alarm Systems Market by Hardware Type, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Burglar Alarm Systems Market by Hardware Type, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA Burglar Alarm Systems Market by Type, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA Burglar Alarm Systems Market by Type, 2022 - 2028, USD Million
TABLE 110 Key Information – Johnson Controls International PLC
TABLE 111 Key Information – ADT, Inc.
TABLE 112 Key Information – Assa Abloy AB
TABLE 113 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 114 Key Information – Honeywell International, Inc.
TABLE 115 Key Information – Siemens AG
TABLE 116 Key Information – Napco Security Technologies, Inc.
TABLE 117 Key Information – RISCO Ltd.
TABLE 118 Key Information – Inovonics Wireless Corporation
TABLE 119 Key Information – Banham Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisition and Mergers : 2018, Jan – 2022, Apr) Leading Players
FIG 5 swot analsyis: Johnson controls international plc
FIG 6 Recent strategies and developments: Honeywell International, Inc.
FIG 7 Swot analysis: Honeywell international, inc.
FIG 8 Swot analysis: Siemens AG