Security Market, By System, By Service, By Geography

Description

Global Security Market is estimated to be valued at US$ 145.38 Bn in 2025 and is expected to reach US$ 247.55 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 145.38 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.90%	2032 Value Projection:	USD 247.55 Bn

Figure. Security Market Share (%), By Region 2025

The global security market has been experiencing significant growth in the recent years. Factors, such as rising terrorist activities, increasing cybersecurity threats, growing industrialization, and urbanization, are driving the demand for advanced security systems globally. Furthermore, the adoption of Internet of Things (IoT) and emergence of smart cities are also positively impacting the market growth. However, high initial investment and compliance with regulatory standards continue to remain key challenges for players operating in this space.

Market Dynamics:

The global security market growth is driven by factors such as increasing incidences of terrorist activities, burglaries, and social unrest across major countries. Furthermore, rising cyber threats, data breaches from hackers, and growth in the adoption of digital technologies are also spurring the demand for advanced security systems and solutions. Growing industrialization and urbanization have further accelerated infrastructure development activities worldwide, thus augmenting opportunities within the commercial and residential security segments. Additionally, integration of IoT-based technologies and development of smart cities provide additional growth prospects for video surveillance, biometrics, and access control systems. However, high initial investment and compliance with regulatory standards pertaining to data and product security continue to challenge business expansion for players operating in the market.

Key Features of the Study:

This report provides in-depth analysis of the global security market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global security market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Lockheed Martin, BAE Systems, Thales Group, General Dynamics, Northrop Grumman, Raytheon Technologies, Honeywell International, Johnson Controls, Assa Abloy, Rheinmetall AG, Leonardo S.p.A., Boeing Defense, Space & Security, SAIC (Science Applications International Corporation), Harris Corporation, and Siemens AG

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global security market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global security market

Market Segmentation

System Insights (Revenue, USD Bn, 2020 - 2032)
- Video Surveillance Systems
- Access Control Systems
- Intrusion Detection Systems
- Fire Protection Systems
- Others
Service Insights (Revenue, USD Bn, 2020 - 2032)
- System Integration & Consulting
- Risk Assessment & Analysis
- Managed Security Services
- Maintenance & Support
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U,K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Company Profiles:
- Lockheed Martin
- BAE Systems
- Thales Group
- General Dynamics
- Northrop Grumman
- Raytheon Technologies
- Honeywell International
- Johnson Controls
- Assa Abloy
- Rheinmetall AG
- Leonardo S.p.A.
- Boeing Defense, Space & Security
- SAIC (Science Applications International Corporation)
- Harris Corporation
- Siemens AG

Product Code: CMI7831

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Security Market, By System
- Global Security Market, By Service
- Global Security Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Security Market, By System, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Video Surveillance Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Access Control Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Intrusion Detection Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Fire Protection Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Security Market, By Service, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
System Integration & Consulting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Risk Assessment & Analysis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Managed Security Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Maintenance & Support
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Security Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By System, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

Lockheed Martin
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BAE Systems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Thales Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
General Dynamics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Northrop Grumman
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Raytheon Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Honeywell International
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Johnson Controls
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Assa Abloy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Rheinmetall AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Leonardo S.p.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Boeing Defense, Space & Security
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SAIC (Science Applications International Corporation)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Harris Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Siemens AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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