Rising Property Theft Rates Fuel Growth In Electronic Security Market: A Key Driver Powering Electronic Security Market Growth In 2025

The Electronic Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Electronic Security Market Size and Its Estimated Growth Rate?
In recent years, there has been considerable growth in the size of the electronic security market. It is projected to increase from $52.44 billion in 2024 to $57.63 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. This growth during the historic period is associated with the escalating security necessities, continuous digital transformation, climbing trend of cyber threats, heightened awareness of safety and security, and an increasing demand for internet monitoring systems.

Over the coming years, the electronic security market is forecasted to experience significant expansion. It is projected to increase to a worth of $79.48 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.4%. This expected growth during the forecast period can be ascribed to a rise in incidents such as property thefts, growing cases of robberies, and increasing numbers of residential break-ins along with the escalation in organized crime. Additionally, the expanding use of video surveillance systems, as well as the rise in use of cloud-based access control solutions, will contribute to this growth. Key market trends anticipated during the forecast period comprise technological advancements, innovations in the areas of security, surveillance, and network offerings, accelerated investment in startup enterprises, continuous innovation in response to increasing security preoccupations, and integration with connectivity technologies like bluetooth.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14353

How Are Emerging Segments Shaping the Electronic Security Market Landscape?
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

Subsegments:
1) By Alarms: Intruder Alarms, Fire Alarms, Gas Leak Detectors, Panic Alarms, Medical Emergency Alarms
2) By Video Surveillance Systems: CCTV Cameras, IP Cameras, Analog Cameras, Video Recorders, Video Management Systems (VMS)
3) By Access Control Systems: Card-Based Systems, Biometric Systems (Fingerprint, Iris, Facial Recognition), RFID Systems, Keypad Or Pin-based Systems, Wireless Access Control Systems
4) By Other Product Types: Perimeter Security Systems, Barrier Gates, Smart Locks, Intercom Systems, Security Drones, Security Lighting

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14353&type=smp

Which Growth Factors Are Influencing Electronic Security Market Expansion?
The surge in property thefts is anticipated to fuel the expansion of the electronic security market. Unlawful appropriation of another's personal belongings with the aim of robbing them of its use defines property theft. The multiplication of property thefts is fueled by various aspects, including the proliferation of organized crime syndicates, rising poverty levels, substance misuse, and social disparity. Electronic security systems promptly alert property owners, authorities, or surveillance centers when they detect a breach in security, paving the way for rapid responses such as reaching out to law enforcement or deploying security staff to the location. For example, a report issued by the Federal Bureau of Investigation, an American law enforcement agency, in October 2023, revealed a 7.1% uptick in property crime violations in 2022 compared to 2021. The property crime rate hit an estimated 1,954.4 occurrences per 100,000 individuals, signifying a 6.7% increase over the previous year. Larceny theft constituted a substantial proportion (71.7%) of all property crimes in 2022, while burglary represented 13.8%. Consequently, the surge in property thefts is amplifying the growth of the electronic security market.

Who Are the Dominant Players Across Different Electronic Security Market Segments?
Major companies operating 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

What Are the Latest Developing Trends in the Electronic Security Market?
In the electronic security market, prominent companies are working on cutting-edge tech innovations like AI surveillance cameras to improve customer service delivery with upgraded features. These next-gen AI cameras can process data right on the camera, at the edge of the network. For example, in February 2023, Idis, a leading manufacturer of electronic security systems in South Korea, introduced a new range of user-friendly edge AI cameras. These cameras, developed with Idis' bespoke Deep Learning Engine, underscore the company's dedication to offer scalable and adaptable solutions for various security, safety, and operational demands. The new range, which includes 5MP dome (DC-D4537RXA and DC-D4537HRXA) and bullet (DC-T4537HRXA) models, are powered by the robust Idis Deep Learning Engine, allowing for efficient processing right at the edge. These cameras, with up to 98% accuracy in object detection and classification, empower users by decreasing false alerts, bolstering security and safety, and increasing the effectiveness of their monitoring operations. Also, this addition expands Idis' NDAA-compliant range of high-definition Direct IP cameras.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/electronic-security-global-market-report

Which Geographic Regions Are Expected to Dominate the Electronic Security Market in the Coming Years?
North America was the largest region in the electronic security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic Security Market?
2. What is the CAGR expected in the Electronic Security Market?
3. What Are the Key Innovations Transforming the Electronic Security Industry?
4. Which Region Is Leading the Electronic Security Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.