Latin America Burglar Alarm Systems Market Size & Outlook
The burglar alarm systems market in Latin America is expected to reach a projected revenue of US$ 403.2 million by 2030. A compound annual growth rate of 6.8% is expected of Latin America burglar alarm systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$254.5
Forecast, 2030 (US$M)
$403.2
CAGR, 2024 - 2030
6.8%
Report Coverage
Latin America
Latin America burglar alarm systems market, 2018-2030 (US$M)
Related Markets
Latin America burglar alarm systems market highlights
- The Latin America burglar alarm systems market generated a revenue of USD 254.5 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, wired alarm systems was the largest revenue generating type in 2023.
- Wireless Alarm Systems is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 254.5 million |
| Market revenue in 2030 | USD 403.2 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Wired alarm systems |
| Fastest growing segment | Wireless Alarm Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wireless Alarm Systems, Wired Alarm Systems |
| Key market players worldwide | ADT Inc, Assa Abloy AB Class B, Honeywell International Inc, Roper Technologies Inc, Johnson Controls International PLC, Securitas AB ADR, Siemens AG, NAPCO Security Technologies Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global burglar alarm systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,598.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Burglar Alarm Systems Market Scope
Burglar alarm systems market segmentation & scope
Central Monitoring Receiver
Remote Terminal Unit
Alarm Sensors
Motion Detector Sensors
Door/Window Sensors
Software
Services
Burglar Alarm Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America burglar alarm systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to burglar alarm systems market will help companies and investors design strategic landscapes.
Wired alarm systems was the largest segment with a revenue share of 65.11% in 2023. Horizon Databook has segmented the Latin America burglar alarm systems market based on wireless alarm systems, wired alarm systems covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Burglar Alarm Systems Type Outlook (Revenue, USD Million, 2018-2030)
- Wireless Alarm Systems
- Wired Alarm Systems
- Latin America Burglar Alarm Systems Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Central Monitoring Receiver
- Remote Terminal Unit
- Alarm Sensors
- Motion Detector Sensors
- Door/Window Sensors
- Software
- Services
- Hardware
- Latin America Burglar Alarm Systems Application Outlook (Revenue, USD Million, 2018-2030)
- Commercial & Industrial
- Residential
Reasons to subscribe to Latin America burglar alarm systems market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America burglar alarm systems market databook
-
Our clientele includes a mix of burglar alarm systems market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America burglar alarm systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America burglar alarm systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America burglar alarm systems market size, by country, 2018-2030 (US$M)
Latin America Burglar Alarm Systems Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
