Smart Personal Safety and Security Device Market - Regional Analysis
North American Market Insights
North America industry is set to dominate majority revenue share of 30% by 2035. The rapid adoption of technologies and the presence of developed infrastructure in the region are the major factors that are expected to contribute to the market’s growth in the North America region. Also, there is significant awareness of product availability and applications among the population in countries like the United States and Canada, which contributes significantly to an excellent uptake rate for products. The United States is home to some of the world's most powerful brands that offer breakthrough technology and systems for home security systems. According to the estimates, about 64% of US households are fitted with some form of smart device at home.
APAC Market Insights
The smart personal safety and security device market in the Asia Pacific region is projected to reach its highest growth rate. The market for security connection devices is projected to be driven by the regional presence of many domestic and international smart production companies, rapid deployment of consumers' electronics as well as increasing Internet of Things penetration in enterprises.
