The Electronic Security Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electronic Security Market?
The market size of the electronic security sector has seen impressive growth recently. It is expected to increase from $52.44 billion in 2024 to $57.63 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electronic Security Industry?
The Electronic Security Global Market is forecasted to reach a size of $79.48 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.4%.
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What are the Key Growth Drivers Fueling the Electronic Security Market?
The key drivers in the electronic security market are:
• Rise in property thefts, robberies, and residential break-ins
• Increased deployment of video surveillance systems
• Growing use of cloud-based access control solutions
• Technological advancements and innovations in security, surveillance, and network offerings.
Global Market Segmentation: Identifying Major Electronic Security Industry Segments
The electronic security market covered in this report is segmented –
1) By Product Type: Alarms, Video Surveillance Systems, Access Control Systems, Other Product Types
2) By Connectivity: Ethernet, Wireless, Cellular
3) By End-User: Defense, Manufacturing, IT, Automotive, Telecommunications, Residential, Public Sector, Other End-Users
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What are the Emerging Trends Shaping the Future of the Electronic Security Market?
The key trends in the electronic security market are:
• Technological advancements and innovations in security, surveillance, and network offerings are impacting the market landscape.
• There is a trend of increased investment in startup firms within the electronic security sector.
• Continued innovation is being driven by rising security concerns.
• Integration with connectivity technologies such as Bluetooth is becoming increasingly prevalent.
Who Are the Top Competitors & Leading Players in the Electronic Security Market?
Major companies in the electronic security market are:
• Siemens AG
• Panasonic System Networks Co. Ltd.
• IBM Corporation
• Honeywell International Inc.
• Johnson Controls International Plc
• Tyco International Plc
• Hangzhou Hikvision Digital Technology Co. Ltd.
• ADT LLC
• Dahua Technology Co. Ltd.
• Allegion Plc
• dormakaba Holding AG
• Assa Abloy AB
• Axis Communications AB
• Bosch Security Systems Inc.
• Chamberlain Group Inc.
• HID Global
• Brinks Home Security
• Avigilon Corporation
• Genetec Inc.
• Milestone Systems A/S
• G4S PLC
• Fermax Electronica S.A.U.
• CP PLUS GmbH & Co. KG
• Autoclear LLC
• DoorKing Inc.
• BIO-key International Inc.
• ISONAS Security Systems Inc.
• FLIR Systems Inc.
• Mobotix AG
Regional Dominance: Which Area Leads the Global Electronic Security Market?
North America was the largest region in the electronic security market in 2024
