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Mass Transit Security Market Size Forecasted To Achieve $58.69 Billion By 2029 With Steady Growth

05-21-2025 07:29 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Mass Transit Security Market Size

Mass Transit Security Market Size

The Mass Transit 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 Mass Transit Security Market Size and Projected Growth Rate?
In recent times, the mass transit security market size has seen robust growth. From $42.88 billion in 2024, it is projected to increase to $46.13 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this historical growth include the expansion of public transportation systems, demand for cutting-edge security solutions, increased funding in advanced surveillance, growth in access control systems, rise in biometrics, and security breaches.

The market for mass transit security is projected to experience robust expansion in the coming years. It is anticipated to reach a value of $58.69 billion in 2029 with a compound annual growth rate (CAGR) of 6.2%. This expansion in the forecast period can be ascribed to factors such as rising public incidents, application of biometric identification systems, threats from terrorism, heightened public awareness and cooperation, and geopolitical conflicts. Noteworthy trends in this forecast period comprise AI-enabled threat detection, improved biometric identification, security for the internet of things (IoT), mobile security solutions, as well as detection and mitigation of drones.

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What Are the Major Segments in the Mass Transit Security Market?
The mass transit security market covered in this report is segmented -

1) By Type: Airways Transit Security, Seaways Transit Security, Roadways Transit Security, Railways Transit Security, Other Types
2) By Service Type: Managed Services, Professional Services
3) By Solution: Surveillance and Monitoring, Screening System, Biometric Security And Authentication System, Fire Safety And Detection System, Perimeter Intrusion Detection, Access Control, Other Solutions
4) By Application: Homeland Security, Industrial, Retail And Payment Industries, Logistics And Transportation Industries, Healthcare, Other Applications

Subsegments:
1) By Airways Transit Security: Airport Security Screening, Passenger And Baggage Screening, Perimeter Security Systems
2) By Seaways Transit Security: Port Security Solutions, Vessel Monitoring Systems, Cargo Security Measures
3) By Roadways Transit Security: Vehicle Surveillance Systems, Traffic Management Solutions, Emergency Response Systems
4) By Railways Transit Security: Train Surveillance Systems, Station Security Solutions, Rail Network Monitoring
5) By Other Types: Emergency Services Security, Public Transport Security Systems, Event Security Management

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What Are The Driving Mass Transit Security Market Evolution?
The growth of the mass transit security market is likely to be driven by the rise in threats and security issues. These threats and security issues could pose potential risks or harmful events that can expose vulnerabilities and endanger people. Public transit systems can be prone to various criminal activities, such as theft, assaults, and vandalism. Thus, security in mass transit is essential in mitigating these risks and protecting passengers, infrastructure, and operations. For example, in April 2024, the UK-based Department for Science, Innovation and Technology reported that an estimated 22% of businesses and 14% of charities have been victims of cybercrime in the preceding year. These percentages rise to 45% for medium-sized businesses, 58% for large businesses, and 37% for high-revenue charities. Among those reporting any cybersecurity breaches or attacks, which includes 50% of businesses and 32% of charities, a little more than two-fifths (44% businesses and 42% charities) eventually succumbed to cybercrime. Thus, the escalation of threats and security issues are triggering the expansion of the mass transit security market.

Which Firms Dominate The Mass Transit Security Market Segments?
Major companies operating in the mass transit security market are Siemens AG, Panasonic Corporation, Cisco Systems Inc., Hanwha Group, Honeywell International Inc, Johnson Controls International PLC, Thales Group, Tyco International PLC, L3Harris Technologies Inc, Analog Devices Inc., Hikvision Digital Technology Co. Ltd, Bosch Security Systems Inc., NICE Systems Ltd., Axis Communications AB, OSI Systems Inc, Kratos Defense & Security Solutions Inc. (KTOS), Flir Systems Inc., Smiths Detection Inc, Avigilon Corporation, Nuctech Company Limited, Rapiscan Systems Inc, Genetec Inc., Analogic Corporation, Teleste, SDI Presence LLC, March Networks Corporation, IndigoVision Group PLC, High Rise Security Systems LLC, AngelTrax, Fortem Technologies Inc.

What Trends Are Expected to Dominate the Mass Transit Security Market in the Next 5 Years?
Leading companies in the mass transit security market are concentrating on the creation of new technologies like an AI-powered video analytics platform. Using AI methodologies, this platform derives actionable knowledge and findings from digital videos. For example, in October 2024, PRAMA, a video security product manufacturer from India, introduced transportation security advancements such as AI-equipped cameras and traffic management systems. PRAMA's transport solutions are specially designed to safeguard transit hubs with superior video surveillance systems, integrating a Command and Control solution for active video data monitoring. Their products are particularly tailored to boost vehicular safety and traffic control, assuring a secure and productive movement for travelers, vehicles, and pedestrians.

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Which Is The Largest Region In The Mass Transit Security Market?
North America was the largest region in the mass transit security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mass transit 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 Mass Transit Security Market?
2. What is the CAGR expected in the Mass Transit Security Market?
3. What Are the Key Innovations Transforming the Mass Transit Security Industry?
4. Which Region Is Leading the Mass Transit 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.

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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.

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