Smart Personal Safety and Security Device Market Segmentation:
Device Type Segment Analysis
The smart personal safety segment is poised to hold a 60% share of the smart personal safety and security device market. Under this sub-segment, the helmet category is estimated to have the largest revenue in the near future. There is likely to be further growth in this segment thanks to the growing popularity of full-face smart helmets for adventure sports. It is also expected that the market will be further promoted by federal enforcement of serious road safety standards.
Technology Segment Analysis
The sensor segment is estimated to hold about 40% share of the smart personal safety and security device market during the forecasted timeframe. The development of sensors in the form of wearable sensors that continuously provide accurate and reliable information has become a key factor in increasing demand for new applications, which is stimulating growth in the market. The use of temperature and proximity sensors in portable and advanced smart personal safety and security devices as well as the use of motion and position sensors in various industries are factors that are driving the growth of the sensor market.
Our in-depth analysis of the global smart personal safety and security device market includes the following segments:
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