The global electronic security market size reached US$ 61.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 104.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032. More Info:- https://www.imarcgroup.com/electronics-security-market

1. Global Electronic
Security Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Electronic Security
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global electronic security market size reached US$
61.6 Billion in 2023.
Electronic safety is a system that utilizes embedded technology and electronic
devices to improve safety measures and protect human life as well as physical
assets. Some of the most common functions performed by the system include
surveillance, access control and intrusion control. It comprises alarms and
close-circuit televisions (CCTVs) that aid in monitoring entry points and
denying access to unauthorized individuals from entering a certain area or
accessing stored information.
It is also employed in business operations for safeguarding confidential
business data and tracking unauthorized access to business-related
information and assets. As a result, it is extensively utilized across the
manufacturing, transportation, banking, healthcare and government sectors.
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4. Report Description
Global Electronic Security Market Trends:
The market is primarily driven by the increasing incidences of property thefts and break-ins across the residential
sector. This, along with the rapid expansion of smart cities on the global level, has facilitated the uptake of
electronic security solutions for ensuring enhanced safety. Moreover, there has been a considerable rise in
cybercrimes due to the increasing automation across numerous industries, which has led to the growing
requirement for efficient services to secure crucial data and infrastructure.
The market is further driven by the growing concerns regarding the rising number of terrorist activities, including
shoot-outs, contraband smuggling and bombings in high risk and sensitive locations. This has impelled
government and private organizations to invest in developing enhanced electronic security solutions and install
these systems across various public and public infrastructures. Furthermore, significant growth in the
transportation sector has led major companies to adopt advanced security systems to safeguard public
transportation modes and provide accurate access control and surveillance.
Looking forward, the market is expected to grow at a CAGR of 5.8% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/electronics-security-market

5. Report
Segmentation
Breakup by Product Type:
• Surveillance System
• Access Control System
• Intrusion Detection System
• Alarming System
• Others
Breakup by Service Type:
• Installation Services
• Managed Services
• Consulting Services
Breakup by End-Use Sector:
• Government
• Residential

6. Report
Segmentation
• Transportation
• Banking
• Hospitality
• Healthcare
• Retail
• Others
Breakup by Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Axis Communications (Canon Inc.)
• ADT Security Services Inc. (Apollo Global
Management Inc.)
• Bosch Security Systems Inc.
• FLIR Systems Inc.
• Hitachi Ltd.
• Honeywell International Inc.
• IBM Corporation
• Tyco International (Johnson Controls)
• Lockheed Martin Corporation
• OSI Systems
• Siemens AG
• Thales Group

8. Key Questions
Answered in
the Report
What is the size of the global electronic security market?
What is the expected growth rate of the global electronic security
market?
What are the key factors driving the global electronic security
market?
What has been the impact of COVID-19 on the global electronic
security market?
What is the breakup of the global electronic security market based
on the product type?
What is the breakup of the global electronic security market based
on the service type?
What is the breakup of the global electronic security market based
on the end-use sector?
What are the key regions in the global electronic security market?
Who are the key players/companies in the global electronic security
market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electronic Security Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Surveillance System
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Access Control System
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Intrusion Detection System
6.3.1 Mark et Trends
6.3.2 Mark et Forecast

10. Table of
Contents
6.4 Alarming System
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 Others
6.5.1 Mark et Trends
6.5.2 Mark et Forecast
7 Market Breakup by Service Type
7.1 Installation Services
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Managed Services
7.2.1 Mark et Trends
7.2.2 Market Forecast
7.3 Consulting Services
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by End -Use Sector
8.1 Government
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Residential
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Transportation
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
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11. Disclaimer
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the time of publishing. International Market Analysis Research and Consulting makes no
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