Market Share of Alarm Monitoring Industry
The Alarm Monitoring Market is moderately fragmented. Players in the market are adopting strategies like expansions, partnerships, collaborations, mergers & acquisitions, new product launches, joint ventures, and others to gain a stronghold in the market. Some of the key developments in the area are:
- June 2021 - Johnson Controls, a provider of smart and sustainable buildings and architect of the OpenBlue digital connected platforms, introduced the reimagined web-based client for the Tyco Software House CCURE 9000 security and event management system. With the addition of enhanced functionality for alarm monitoring to the streamlined search and filtering capabilities, users can conduct personnel administration and alarm monitoring for their CCURE 9000 system from anywhere, utilizing any PC with a web browser or tablet.
- June 2021 - Honeywell, a global player in industrial cybersecurity, announced the introduction of the Honeywell Advanced Monitoring and Incident Response (AMIR) service. The service offers 24/7 operational technology (OT) cybersecurity detection and rapid response for current and emerging cyber threats. AMIR is part of Honeywell Forge Managed Security Services (MSS), end-to-end security as a service solution that facilitates the protection of OT environments, control systems, and operations.
Alarm Monitoring Market Leaders
ABB Ltd.
Siemens AG
Rockwell Automation Inc.
Honeywell International Inc.
Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order
