Electronic Security Market Regional Insights:
The market in North America is anticipated to account for majority electronic security market share by the end of 2034, 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.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of electronic security is assessed at USD 67.53 billion.
Electronic Security Market size was over USD 61.37 billion in 2024 and is anticipated to cross USD 187.23 billion by 2034, growing at more than 11.8% CAGR during the forecast period i.e., between 2025-2034.
North America is expected to dominate largest industry share by 2034.
The key market players 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.
