Electronic Security Market Share

  • Report ID: 344
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Electronic Security Market Share

Regionally, the global electronic security market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest electronic security market share by the end of 2037 backed by the 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.

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Electronic Security Market Share
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Author Credits:  Abhishek Verma


  • Report ID: 344
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

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.
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