Electronic Security Market Size

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, witnessing over 13.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of electronic security is evaluated at USD 51.84 Billion. The growth of the market is primarily attributed to the 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. They also able to oversee parts of the business that lack staff members. The mounting adoption of electronic security systems by government agencies, and manufacturing industries is the significant factor to boost the growth of the electronic security market over the forecast period. 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.