May 17, 2024
ICT

Security Market Size to Garner USD 317.57 Billion by 2032

The global Security market size was estimated to be around US$ 143.07 billion in 2022. It is projected to reach US$ 317.57 billion by 2032, indicating a CAGR of 8.3% from 2023 to 2032.

Security Market Size 2023 To 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.

The market research report on the Security market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Security products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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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 Touch USD 1,253.14 Million by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Security market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Security market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Security products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Security market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Security market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Security market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

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

Segment Covered in the Report:

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

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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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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