Vehicle Security System Market Size & Share, Growth Trends 2037

Global Electronic Security Market Trends, Forecast Report 2025-2037

Electronic Security Market size is projected to grow from USD 52.36 billion to USD 259.85 billion, reflecting a CAGR of over 13.1% during the forecast timeline, between 2025 and 2037. In the year 2025, the industry size of electronic security is evaluated at USD 57.85 billion.

The market growth is attributed to massively increasing ratio of crime incidences such as robbery, and theft across the globe. For instance, until mid of 2022, the ratio of violent crime in United States has boosted to approximately 48.50 per 100,000 inhabitants.

Electronic security encompasses all systems that use electronic devices and integrated technology to boost safety and protect human life and physical assets. It consists surveillance, access control, intrusion detection, alarm and other security channels. Such systems comprise of alarms, access controls and CCTVs (closed circuit televisions), which are prominently and broadly utilized. The electronic security provides users with invaluable video surveillance benefits. Video surveillance helps to oversee entry points in the home or business.

The mounting adoption of electronic security systems by government agencies, and manufacturing industries is the significant factor to boost the electronic security market revenue. For instance, by 2022, around 44% of police agencies are anticipated to use digital tools to improve public security and an alternate solution framework, such as live video streaming and shared workflows.

Electronic Security Sector: Growth Drivers and Challenges

Growth Drivers

Increasing Awareness for Safety and Security – Since the crime and theft cases are increasing day by day, thus installing security systems gives enterprises and residential inhabitants a feeling of safety and security. As a result, there has been a significant increase in the adoption of such electronic security components which is driven by the growing awareness for safety and security among the people. For instance, around 773 million security cameras were installed globally by the end of 2019.
Upsurge in Larceny Theft Incidences – According to the Federal Bureau of Investigation, an estimated 5,086,096 larcenies - thefts were reported in the United States in 2019.
Emerging Terrorist Attacks – For instance, with a startling 50% of all terrorism-related deaths worldwide, Sub-Saharan Africa has been emerging as the world's center stage of terrorism.
Escalating Urbanization - As per the World Economic Forum, 80% of the world's population, up from the present 55%, is estimated to inhabit in urban areas by 2050.
Growing Wi-Fi Penetration - Presently, around 5.35 billion people worldwide have internet connectivity.

Challenges

High Cost Associated with the Electronic Security Systems
Lack of Awareness Among Consumers Regarding the Security Products
Deficit of Technical Knowledge to Use Electronic Security Systems

Electronic Security Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	13.1%
Base Year Market Size (2024)	USD 52.36 billion
Forecast Year Market Size (2037)	USD 259.85 billion

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Electronic Security Segmentation

Product Type (Intrusion Alarm Systems, Video Surveillance Systems, Fire Alarm, Access control Systems, IP & Analog CCTV, Hybrid Video Recorder)

The video surveillance systems segment is expected to dominate majority of electronic security market share during the forecast period, owing to growing count of crime cases around the world, and growing adoption of surveillance systems. For instance, until 2019, there were an estimated 780 million surveillance cameras installed around the world, with China accounting for 56% of those cameras.

Our in-depth analysis of the global electronic security market includes the following segments:

By Product Type	Intrusion Alarm Systems Video Surveillance Systems Fire Alarm Access Control Systems IP & Analog CCTV Hybrid Video Recorder Others
By Deployment Mode	On-Premise Cloud
By Connectivity	Wireless Cellular Ethernet
By Application	Commercial Residential
By End-User	Railways Airports Banking Hotels Retail Government Others

Electronic Security Industry - Regional Synopsis

The market in North America is anticipated to account for majority electronic security market share by the end of 2037, propelled by increasing crime ratio, surge in smart city concept, and constantly rising number of retail stores and facilities in the region. For instance, in 2020, there were nearly 1.10 million retail outlets in the United States.

Companies Dominating the Electronic Security Market

ASSA ABLOY
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Honeywell International Inc.
A2 Systems, LLC.
Axis Communications AB
ADT LLC
ALL-TAG Corporation
Anixter, Inc.
Hangzhou Hikvision Digital Technology Co., Ltd.
Hanwha TechwinCo., Ltd.
Allegion plc.

In the News

ASSA ABLOY acquired Bird Home Automation GmbH ("DoorBird"), a German manufacturer of indoor station and smartphone-controlled IP door intercoms for single and multi-family buildings.
Axis Communications AB announced the AXIS A12 Network Door Controller Series, which offers several product versions to meet various requirements. The AXIS A12 door controller offers fast and easy wall installation with a keyhole mounting plate and DIN rail mount support.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electronic security is evaluated at USD 57.85 billion.

The electronic security market size was over USD 52.36 billion in 2024 and is expected to exceed USD 259.85 billion by the end of 2037, growing at over 13.1% CAGR during the forecast period i.e., between 2025-2037. Increasing awareness for safety and security, upsurge in larceny theft incidences, emerging terrorist attacks will drive the market growth.

North America industry is likely to hold majority revenue share by 2037, driven by increasing crime ratio, surge in smart city concept, and constantly rising number of retail stores and facilities in the region.

The major players in the market include ASSA ABLOY, Honeywell International Inc., A2 Systems, LLC., Axis Communications AB, ADT LLC, ALL-TAG Corporation, Anixter, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Hanwha TechwinCo., Ltd., Allegion plc.

Global Electronic Security Market Trends, Forecast Report 2025-2037

Electronic Security Sector: Growth Drivers and Challenges

Growth Drivers

Electronic Security Market: Key Insights

Electronic Security Segmentation

Electronic Security Industry - Regional Synopsis

Companies Dominating the Electronic Security Market

In the News

Frequently Asked Questions (FAQ)

Electronic Security Market Report Scope

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Global Electronic Security Market Trends, Forecast Report 2025-2037

Electronic Security Sector: Growth Drivers and Challenges

Growth Drivers

Electronic Security Market: Key Insights

Electronic Security Segmentation

Electronic Security Industry - Regional Synopsis

Companies Dominating the Electronic Security Market

In the News

Frequently Asked Questions (FAQ)

How much is the electronic security market worth?

Why is the demand for electronic security growing?

Which region dominated the majority of electronic security industry share?

Who are the top electronic security companies?

Electronic Security Market Report Scope