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The Security Market Report by Grand View Research comprises analysis and forecasts related to market developments by System (Video Surveillance, Intrusion Detection), by Service (System Integration & Consulting, Managed Security), By End Use, And Regions from 2019 to 2025.
Overview
The global security market size was valued at USD 84.54 billion in 2018 and is estimated to expand at a CAGR of 10.3% over the next six years. Increasing illegal events, terrorism, and fraudulent activities coupled with stringent government norms have led to a rise in the adoption of security systems. Additionally, the rising number of smart cities has created the need for security systems.
Highlights
- 38 Key Market Participants profiled, including Ameristar Perimeter Security; FutureNet Security Solutions, LLC; Anixter International, Inc.; TPPG The Perimeter Protection Group AB; Tyco International Plc.; Honeywell International, Inc.; ZABAG Security Engineering GmbH; FLIR Systems, Inc.; Southwest Microwave, Inc.; Axis Communications AB; RBtec Perimeter Security Systems; Senstar Corporation.
- Market size is expected to reach USD 167.12 billion by 2025, expanding at a CAGR of 10.3% from 2019 to 2025.
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