Emerging Electronic Security Market Trends: Idis Introduces Advanced Edge AI Surveillance Cameras With Deep Learning Engine Shaping the Future of the Industry

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Electronic Security Market Size Growth Forecast: What to Expect by 2025?
The size of the electronic security market has been experiencing substantial growth over the last few years. It is projected to expand from $52.44 billion in 2024 to $57.63 billion in 2025 with a compound annual growth rate (CAGR) of 9.9%. This significant growth during the historic period can be credited to factors such as increasing security requirements, continuous digital transformation, the growing rate of cyber threats, heightened safety and security consciousness, and the escalating demand for online monitoring systems.

How Will the Electronic Security Market Size Evolve and Grow by 2029?
In the foroming years, a substantial rise is projected in the electronic security market size, with an estimate of reaching $79.48 billion in 2029 and a compound annual growth rate (CAGR) of 8.4%. This predicted growth during the forecast period could be due to a rise in property theft incidents, escalating residential break-ins and robberies, growth in organized crime, growing usage of video surveillance systems, and heightened use of cloud-based access control solutions. The forecast period will also see significant trends such as technological advancements, security, surveillance, and network offerings' innovations, increased investments in start-up firms, ongoing innovation addressing security worries, and integration with connectivity technologies like Bluetooth.

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What Drivers Are Propelling the Growth of Electronic Security Market Forward?
The upsurge in property theft cases is predicted to stimulate the expansion of the electronic security market. Property theft involves the illegal appropriation of someone else's personal belongings with the motive to deprive them of their use. The rise in property theft is a result of various elements like the expanding activities of organized crime groups, rising poverty, substance misuse, and societal inequality. Through rapid notification of property owners, authorities, or monitoring centers when a security infringement is detected, electronic security systems facilitate prompt actions such as alerting the police or deploying security officials to the location. For example, a report by the Federal Bureau of Investigation, a law enforcement agency in the US, indicated a 7.1% upsurge in property crimes in 2022 relative to 2021, as of October 2023, with the property crime rate hitting approximately 1,954.4 events per 100,000 citizens. This represents a 6.7% increment from the last year. Out of total property crimes in 2022, larceny-theft represented the largest proportion (71.7%), while burglary was responsible for 13.8%. Hence, the rising incidence of property thefts is fuelling the expansion of the electronic security market.

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Which Emerging Trends Are Transforming the Electronic Security Market in 2025?
Leading firms in the electronic security market are introducing innovative technologies like edge AI surveillance cameras to provide their customers with more advanced features. Edge AI surveillance cameras are designed with artificial intelligence processing ability, which is executed directly within the camera, at the network edge. For example, in February 2023, electronic security systems maker Idis, based in South Korea, introduced a simple-to-implement selection of edge AI cameras. These recent edge AI cameras integrate the firm's proprietary Idis Deep Learning Engine, demonstrating its dedication to delivering scalable solutions to meet security, safety, and operational demands. The cameras, including the brand new 5MP dome (DC-D4537RXA and DC-D4537HRXA) and bullet (DC-T4537HRXA) models, comes with the effective Idis Deep Learning Engine built-in, allowing for effective processing potential at the edge. Offering up to 98% accurate object identification and categorization, these cameras assist users in reducing false alarms, improving security and safety protocols and enhancing the effectiveness of their surveillance operations, therefore enlarging the company's NDAA-compliant assortment of high-definition Direct IP cameras.

What Are the Key Segments in the Electronic Security Market?
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

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Who Are the Key Players Shaping the Electronic Security Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Electronic Security Market?
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.

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