Download PDF version Contact company

Demand for personal emergency response systems (PERS) and related alarms is expected to expand 7.3% annually through 2021 to $220 million. Growth will be driven primarily by an above average increase in the number of people over the age of 65, which is the demographic most likely to utilise these devices. In addition, there is a persistent interest among elderly individuals to age in place in their own homes, rather than to move in with a relative or to an assisted living facility. These individuals are much more likely to utilise PERS alarms, since they are at home alone all or part of the time. These and other trends are presented in Security Alarms Market in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.

Value gains will benefit from the introduction and rising popularity of a variety of value-added features, such as:

  • medication reminders, dispensing, and compliance monitoring
  • fall detection
  • vital signs sensors
  • voice panic detection

The market for all types of security alarm systems in the US is projected to increase 5.1% annually, reaching $4.9 billion in 2021. Gains will primarily be driven by ongoing growth in construction activity, since new systems are generally installed during initial construction or major renovations. The institutional market, in particular, will benefit as related building expenditures improve from the slow growth of the 2011-2016 period.

Download PDF version Download PDF version

In case you missed it

What is the outlook for physical security in the year ahead?
What is the outlook for physical security in the year ahead?

Technology innovations and an evolving threat landscape will be core factors impacting the physical security market in 2025. Technology elements such as artificial intelligence (AI...

Looking ahead to ISC West 2025: Q&A with Mary Beth Shaughnessy
Looking ahead to ISC West 2025: Q&A with Mary Beth Shaughnessy

As the pioneering security event in the United States, ISC West is truly the global focal point for bringing together professionals across the physical and cybersecurity landscape....

MOD Pizza upgrades with Hanwha Vision surveillance
MOD Pizza upgrades with Hanwha Vision surveillance

Upgrade the surveillance capabilities at MOD Pizza locations while maintaining a safe and welcoming “people-first” environment. Solution Install Hanwha Vision Q serie...

Quick poll
Which AI-powered capability will dominate in the years ahead?