by The security market size is poised to grow by USD 317.57 billion by 2032 from USD 143.07 billion in 2022, exhibiting a CAGR of 8.3% during the forecast period 2023-2032.
Key Takeaways:
- North America led the market and generated the largest market share of 33% in 2022.
- By System, the video surveillance systems segment contributed more than 47% of the global revenue share in 2022.
- By Service, the system integration & consulting segment captured more than 50% of revenue share in 2022.
- By End-use, the military & defense sector led the global market with the highest revenue share of 26% in 2022.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Security market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Security Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Report Scope of the Security Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 154.94 Billion |
| Market Size by 2032 | USD 317.57 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 8.3% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By System, By Service, and By End-use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Screen-printed Electrodes Market Size To Gain USD 1,253.14 Mn by 2032
The empirical study on the global Security market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Security Market. Our market report for the Security market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
E-commerce Logistics Market Players:
- Johnson Controls
- Honeywell International, Inc.
- ZABAG Security Engineering GmbH
- Teledyne FLIR LLC
- Axis Communications AB
- ASSA ABLOY
- Apex Fabrication & Design, Inc.
- Apex Perimeter Protection
- Anixter Inc.
- Perimeter Protection Germany GmbH
Data Sources and Methodology
To gather comprehensive insights on the Global Security Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Security Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Security market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By System
- Access Control Systems
- Alarms & Notification Systems
- Intrusion Detection Systems
- Video Surveillance Systems
- Barrier Systems
- Others
By Service
- System Integration & Consulting
- Risk Assessment & Analysis
- Managed Security Services
- Maintenance and Support
By End-use
- Government
- Military & Defence
- Transportation
- Commercial
- Industrial
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Security market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Security market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Security market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Security market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Security Market
5.1. COVID-19 Landscape: Security Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Security Market, By System
8.1. Security Market, by System, 2023-2032
8.1.1 Access Control Systems
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Alarms & Notification Systems
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Intrusion Detection Systems
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Video Surveillance Systems
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Barrier Systems
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Security Market, By Service
9.1. Security Market, by Service, 2023-2032
9.1.1. System Integration & Consulting
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Risk Assessment & Analysis
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Managed Security Services
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Maintenance and Support
9.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Security Market, By End-use
10.1. Security Market, by End-use, 2023-2032
10.1.1. Government
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Military & Defence
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Transportation
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Commercial
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Industrial
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Security Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by System (2020-2032)
11.1.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.3. Market Revenue and Forecast, by End-use (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by System (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by System (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End-use (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by System (2020-2032)
11.2.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.3. Market Revenue and Forecast, by End-use (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by System (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by System (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End-use (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by System (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End-use (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by System (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End-use (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by System (2020-2032)
11.3.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.3. Market Revenue and Forecast, by End-use (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by System (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by System (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End-use (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by System (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End-use (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by System (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End-use (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by System (2020-2032)
11.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by System (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by System (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End-use (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by System (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End-use (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by System (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End-use (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by System (2020-2032)
11.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.3. Market Revenue and Forecast, by End-use (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by System (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End-use (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by System (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End-use (2020-2032)
Chapter 12. Company Profiles
12.1. Johnson Controls
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Honeywell International, Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ZABAG Security Engineering GmbH
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Teledyne FLIR LLC
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Axis Communications AB
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. ASSA ABLOY
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Apex Fabrication & Design, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Apex Perimeter Protection
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Anixter Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Perimeter Protection Germany GmbH
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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