Top Factor Driving Security Market Growth in 2025: The Impact Of Growing Terrorism On The Expansion Of The Security Market

What market dynamics are playing a key role in accelerating the growth of the security market?
The expansion of the security market is anticipated due to the escalating wave of terrorism. Terrorism, characterized by the employment of brutal force or coercion, chiefly against noncombatants, to realize objectives that are political, ideological, or religious in nature, is proliferating because of elements like political volatility, radical doctrines, and grievances rooted in socioeconomic disparities stirring up violence and disturbance. Security measures aid in battling terrorism by circumventing attacks through measures such as reconnaissance, intelligence aggregation, and the establishment of protective structures. To illustrate, in March 2023, as outlined in the Global Terrorism Index 2023, which is published by the Institute for Economics and Peace, a research and education think tank based in Australia, there was a marked increase in the lethality of terrorist assaults, with an average of 1.7 fatalities per case, a significant increase from 1.3 fatalities per event in 2021. Consequently, the escalation in terrorism is propelling the growth of the security market.

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How will the growth rate of the security market shape industry trends by 2034?
The scale of the security market has seen significant expansion in the past few years. From $135.82 billion in 2024, it's projected to rise to $147.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%. The growth experienced during the historical period has been influenced by factors such as heightened awareness, urbanization growth, the rise in cyber threats, the expansion of global business operations and international travel, and the broadening scope of businesses and infrastructure.

Expectations are high for considerable expansion in the security market over the upcoming years. The projections indicate a growth to $204.35 billion by 2029, with a compound annual growth rate (CAGR) of 8.5%. The anticipated growth for the forecasted period is due to factors such as the advancement in smart infrastructure, increased utilization of cloud services, the need for integrated security solutions and the expansion in the critical infrastructure sector, alongside the surge in remote working. Key trends identified for this period include the application of AI and machine learning, wider detection and response, IoT security, the automation of security procedures, and the formulation of novel security protocols.

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What trends are poised to drive the future success of the security market?
Leading enterprises in the security market are formulating ingenious products including AI-enabled motion sensors to amplify their threat recognition and response functionalities. These AI-powered motion sensors leverage artificial intelligence to heighten the precision of motion detection, predict motion, and adjust to different environmental scenarios aiding in smarter and more accurate surveillance. For example, SimpliSafe, a home security company from the US, in June 2023, unveiled a pioneering feature known as 24/7 Live Guard Protection for proactive crime prevention. Facilitated by a smart wireless indoor security camera, it enables monitoring agents to communicate both visually and verbally with trespassers using two-way audio. In case of an alarm, agents can ask for the safeword or command the trespasser to vacate. If the safeword provided is wrong or the trespasser rejects the command, the agent will instantly alert the police.

Which primary segments of the security market are driving growth and industry transformations?
The securitymarket covered in this report is segmented -

1) By System: Access Control Systems, Alarms And Notification Systems, Intrusion Detection Systems, Video Surveillance Systems, Barrier Systems, Other Systems
2) By Service: System Integration And Consulting, Risk Assessment And Analysis, Managed Services, Maintenance And Support
3) By End User: Government, Military And Defense, Transportation, Commercial, Industrial, Other End Users

Subsegments:
1) Access Control Systems: Card-Based Systems, Biometric Systems, Keypad Systems
2) Alarms And Notification Systems: Intruder Alarms, Fire Alarms, Emergency Notification Systems
3) Intrusion Detection Systems: Motion Sensors, Glass Break Detectors, Perimeter Sensors
4) Video Surveillance Systems: CCTV Cameras, IP Cameras, Video Management Software
5) Barrier Systems: Automatic Gates, Bollards, Turnstiles
6) Other Systems: Cybersecurity Solutions, Monitoring Services, Security Management Software

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Which region dominates the security market?
North America was the largest region in the security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the security market landscape?
Major companies operating in the security market are Honeywell International Inc., Johnson Controls, Thales Group S.A., ASSA ABLOY AB, Anixter Inc., Teledyne FLIR LLC, Juniper Networks Inc., Zhejiang Dahua Technology Co. Ltd., NortonLifeLock Inc., Ameristar Perimeter Security USA Inc., McAfee LLC, Axis Communications AB, Kaspersky Lab, Senstar Technologies Corporation, ATG Access Ltd., Delta Scientific Corporation, Frontier Pitts Ltd., Perimeter Protection Group, CIAS Elettronica Srl, Barrier1 Systems LLC, ZABAG Security Engineering GmbH, Avon Barrier Corporation Ltd., Apex Perimeter Protection LLC, EL-Go Team

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What Is Covered In The Security Global Market Report?

•Market Size Forecast: Examine the security market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the security market for a structured understanding.
•Key Players Overview: Analyze major players in the security market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the security market.
•Segment Contributions: Evaluate how different segments drive overall growth in the security market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the security market.
•Industry Challenges: Identify potential risks and obstacles affecting the security market.
•Competitive Landscape: Review strategic developments in the security market, including expansions, agreements, and new product launches.

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