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The global alarm management system market is expected to see strong growth in the next few years, reaching $10.05 billion in 2028 at a CAGR of 7.1%. This growth can be attributed to industry 4.0 and digital transformation, cybersecurity concerns, regulatory requirements, and human-machine interaction. Major trends in the market include AI and machine learning integration, context-aware alarm prioritization, and cyber-resilient alarm systems. Top companies in the market include Robert Bosch GmbH, Siemens AG, and Raytheon Technologies Corporation.