According to Jeremiah, this verse tells about a time when people's homes and animals will be taken away by others, and they will feel very scared because danger is everywhere. It's like when a bully comes and takes your toys and makes you feel afraid.
Jeremiah 49:29: Their tents and their flocks shall they take away: they shall take to themselves their curtains, and all their vessels, and their camels; and they shall cry unto them, Fear [is] on every side.
Contradicts by offering reassurance and strength from God, unlike Jeremiah 49:29 which predicts fear and distress.
Isaiah 41:10: Fear thou not; for I [am] with thee: be not dismayed; for I [am] thy God: I will strengthen thee; yea, I will help thee; yea, I will uphold thee with the right hand of my righteousness.