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The personal safety alarms market size is forecast to increase by USD 112 million at a CAGR of 10.48% between 2023 and 2028. The market is witnessing significant growth due to increasing personal safety concerns among individuals, particularly women and the elderly. The need to ensure personal safety, especially in remote areas or during late-night hours, is driving the demand for personal safety devices. Additionally, governments worldwide are taking initiatives to enhance the safety of their citizens, leading to increased awareness and adoption of these safety alarms. Furthermore, the availability of alternate self-defense products, such as pepper spray and stun guns, has increased the competition for these safety alarms, compelling market players to innovate and offer advanced features to differentiate their offerings. Overall, these factors are expected to fuel the growth of the market in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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