Personal Emergency Response Systems (PERS) Market Survey and Forecast Report 2027

Personal Emergency Response Systems (PERS) Market Research Report: By Type (Mobile Personal Emergency Response System (Cellular Emergency Response System, Wireless Emergency Response System, GPS-based Emergency Response System), Landline Personal Emergency Response System, Standalone Perso

Personal Emergency Response Systems (PERS) market estimated to reach USD 5,540.2 Million in 2025 with a compound annual growth rate of 7.4% during the study period 20202025.

The global Personal Emergency Response Systems (PERS)market is growing at lightning speeds due to increasing demands for smart technologies, the rapid rise in disposable incomes, and global expansion of the automotive industry. Currently, the Asia Pacific region is leading the market, followed by the European and North American regions in the respective order. The frame and passenger vehicle segments are leading the market and will grow with the highest growth rates at the same time. The rise in demand for safer vehicles, a rise in disposable incomes, and a vast population in developing regions are some major factors propelling this market at high speed.

Segmentation

The global Industry segmented intoPersonal Emergency Response Systems (PERS) Market Share, type, component, voltage, application and region. By type the segment is further classified into skid mounted and mobile Personal Emergency Response Systems (PERS). By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage Personal Emergency Response Systems (PERS). Personal Emergency Response Systems (PERS)s are used in various industries such as oil and gas, mining, transportation, and power utilities.

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Key Players-ALERTONE SERVICES LLC (US), Cisco Systems, Inc. (US), Nortek Security and Control (US), VRI (US), Honeywell International Inc. (US), Tunstall (UK), Robert Bosch GmbH (Germany), GreatCall Inc. (US), Koninklijke Philips NV (Netherlands), and ADT (US)

The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the Personal Emergency Response Systems (PERS) market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

Personal Emergency Response Systems (PERS) Market Regional Assessment

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world. The European region will dominate the market for Personal Emergency Response Systems (PERS)due to Growing demand for natural gas for generating power and heating spaces. The region needs better transport facilities for gas as the current physical pipelines have become outdated and require high maintenance and upgrade costs. Asia-Pacific is the fastest growing region, since the region's developing nations are the net importers of natural gas. China itself was the largest consumer of natural gas in 2017, with industrialization and urbanization projects expected to increase consumption. The region's emerging markets, such as Indonesia and Pakistan, are also experiencing high demand for natural gas, which brings opportunities for Personal Emergency Response Systems (PERS)in Asia Pacific.

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Covid 19 Analysis

Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.

Drivers and Restraints

The Personal Emergency Response Systems (PERS)market is driven by numerous factors such as increasing construction FDI in the Asia Pacific region, and policy reforms and policies that support them. Governments across all regions are observed, their construction sector supported, and created. The emerging economies are the ones that put in various reforms and regulations in particular to fuel their infrastructure growth and the real estate market. Such expansion is slated to increase scaffolding's market growth. The Personal Emergency Response Systems (PERS) market has constraints such as fluctuating prices of raw materials and slower economic growth, which hinder market development.

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Table of contents:

1 EXECUTIVE SUMMARY

1.1 GLOBAL Personal Emergency Response Systems (PERS) MARKET, BY COMPONENT

1.2 GLOBAL Personal Emergency Response Systems (PERS) MARKET, BY ORGANIZATION SIZE

1.3 GLOBAL Personal Emergency Response Systems (PERS) MARKET, BY DEPLOYMENT

1.4 GLOBAL Personal Emergency Response Systems (PERS) MARKET, BY END-USERS

1.5 GLOBAL Personal Emergency Response Systems (PERS) MARKET, BY REGION

2 MARKET INTRODUCTIONS

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

3.6 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

Continued

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