Market Highlights
Personal safety devices are used to track the user location by sending alerts for emergency assistance in the form of text or alarm. These devices are connected to the internet wirelessly. Personal Safety Devices are user friendly in nature and are available in the form of smart watch, key rings, rings, bracelets, and others.
These devices are gaining traction in various sports applications and being increasingly used by outdoor enthusiast, which is expected to drive the growth of the Smart Personal Safety And Security Device Market during the period of study.
Market Players:
Some of the major players in global Smart Personal Safety and Security Device Market include DAQRI LLC (U.S), Force Impact Technologies (U.S), Ericsson (Sweden), iBeat (U.S), Fitbit (U.S), UnaliWear Inc. (U.S), Honeywell International, Inc. (U.S), General Electric (U.S), Revolar Inc. (U.S.), and Safelet B.V. (U.S.) among others.
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Regional Analysis
The competitive landscape of global smart personal safety and security device market is formed by major players of the market and some of the new entrants. The smart personal safety and security device market has driven many areas like BFSI, healthcare, telecommunication, consumer electronics and many more. North-America is dominating the global high Personal Safety and Security Device market with the largest market share due to growing awareness concerning personal safety and security among users. Revolar Inc. and U.S. based company designed apps for smart personal safety and security devices. Revolar provides a simple and discreet location information that calls for help when user needs it most, through our patent pending technology. With just the press of the button, users important ones will instantly know users exact GPS location through present contact list on the Revolar App. This free mobile application allows users to both update your contact list and connect with the device. Once activated, the user’s mobile phone will automatically switch phones settings to silent if desired. Once the user feels safe, they can shut down the alert using their app PIN.
Cuff an U.S based start-up which designs smart jewellery for women. The Cuff collection has merged stylish jewellery with functionality of cool wearable technology. The range of connected devices takes the shape of necklaces, bracelets and key chains. Cuff offers a number of features. Perhaps the most important one is safety at the press of a button. This allows user to alert your selected network of people and let them know you need help. If they don’t own a Cuff device, they will receive the alert on their mobile notifying them about user’s location.
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Market Segments
The market for global smart personal safety and security device market is segmented in to type, component, technology, end-user and region. On basis of type the segment is divided in to smart personal safety device and smart personal security device. The component is further divided into hardware and software. The technology is further classified in to structured, semi-structured and unstructured. Global smart personal and security device caters wide area of end-users like BFSI, healthcare, telecommunication and consumer electronics.
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