Security Market Size, Share, Growth, and Industry Analysis, By Type (Access Control Systems, Alarms & Notification Systems, Intrusion Detection Systems, Video Surveillance Systems, Barrier Systems and Others), By Application (Military and Defense, Transportation, Commercial, Industrial and Others), Regional Insights and Forecast From 2025 To 2035

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SECURITY MARKET OVERVIEW

The global security market size was valued at USD 145.34 billion in 2025 and is expected to reach USD 159.81 billion in 2026, progressing steadily to USD 375.21 billion by 2035, exhibiting a CAGR of 9.95% over the forecast period.

Security is protection from, or resilience against, potential harm or other unwanted coercion caused by others, by restraining the freedom of others to act. Beneficiaries of security may be of persons and social groups, objects and institutions, ecosystems or any other entity or phenomenon vulnerable to unwanted change. The increasing illegal events, terrorism, and fraudulent activities, across the globe and stringent government normshave led to a rise in the adoption of security systems. In addition, the rising number of smart cities has created the need for security systems. The security systems offer several advantages, such as maintaining records for information, monitoring activities in commercial & residential areas, and empowering nations against terrorism & external threats at different locations. These systems have significant adoption rates in the military & defense end-use industry, owing to the increased threat of terrorism and cross-border intrusions.

KEY FINDINGS

COVID-19 IMPACT

Imposed Restrictions in the Economy Resulted in Decline in the Market 

The global COVID-19 pandemic has been unprecedented and staggering with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 problem has had an impact on the global economy, causing a strict lockdown and a halt to day-to-day activities in every industry. With the limits imposed by the government, the panic scenario has had a negative influence on the industries. This has resulted in a market drop as well; there was a direct and indirect impact from numerous sectors providing Security systems. With the revival of the market following COVID-19, we are seeing a recovery of the market where the blanks are restructured with product innovation and investments into R&D activities to develop advanced technologies to meet advanced requirements, which will project a proposed increase in the security market share in the forecasted period.

LATEST TRENDS

Evolving Threat Landscape and Technological Advancements Drives Market

The evolving threat landscape, characterized by sophisticated cyberattacks, physical security vulnerabilities, and global uncertainties, is driving a transformative shift in the security market. Concurrently, rapid technological advancements are enabling more robust and adaptive security solutions. The increasing sophistication of threats coupled with the development of cutting-edge security technologies, results in the transformed market where traditional security measures are being supplemented and, in some cases, replaced by advanced solutions such as artificial intelligence-driven threat detection, blockchain-based authentication, and biometric access control. Companies and individuals alike are compelled to embrace these innovations to better protect their digital and physical assets in an ever-evolving threat landscape.

• According to the European Union Agency for Cybersecurity (ENISA), more than 230 significant cyber-physical security incidents were reported across critical infrastructure in Europe in 2023, showing how integrated solutions combining physical security with IT defenses are becoming essential.

• According to the U.S. Federal Communications Commission (FCC), over 1.2 million new IP-based surveillance systems were registered in the U.S. in 2023, reflecting a shift from analog cameras to advanced AI-enabled monitoring tools.

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SECURITY MARKET SEGMENTATION

By Type

Based on Type market is classified as access control systems, alarms & notification systems, intrusion detection systems, video surveillance systems, barrier systems and others.

By Application

Based on application market is classified as military and defense, transportation, commercial, industrial and others.

DRIVING FACTORS

Increasing Cybersecurity Concerns to Drive Market Growth 

The proliferation of cyber threats and data breaches has led to a heightened awareness of cybersecurity concerns across industries and among individuals. High-profile cyberattacks on organizations, governments, and critical infrastructure have underscored the need for robust digital security measures. These incidents have caused organizations and individuals to prioritize cybersecurity as a core aspect of their operations and daily lives. The increasing cybersecurity concerns serve as a major driver for the rapid cybersecurity market growth. As organizations and individuals seek to protect sensitive data and critical systems from cyber threats, they invest in a wide range of cybersecurity solutions and services, including firewalls, antivirus software, intrusion detection systems, and secure authentication methods. This heightened demand for cybersecurity products and services fuels the growth of the cybersecurity market, attracting investments in innovative technologies and solutions to address evolving cyber threats.

Proliferation of IoT Devices to Drive Expansion of IoT Market

The widespread adoption of Internet of Things (IoT) devices across various sectors, including smart homes, healthcare, manufacturing, and transportation, is a significant driver of market dynamics. IoT devices are embedded with sensors and connectivity, enabling them to collect and transmit data. This proliferation of IoT devices is driven by the desire for automation, data-driven insights, and enhanced connectivity in various industries. The rapid growth in IoT device deployment serves as a catalyst for the expansion of the IoT security market. With the increasing number of connected devices, there is a growing need to secure the data and communication pathways associated with IoT. This drives the demand for IoT security solutions such as device authentication, data encryption, and secure IoT platform development. As IoT continues to grow, the IoT security market is expected to witness substantial growth, with companies investing in technologies to ensure the privacy and integrity of IoT data and networks.

• According to INTERPOL, 194 member countries participated in coordinated border security and counter-terrorism operations in 2023, which increased the adoption of advanced perimeter and access control technologies globally.

• According to the United Nations Department of Economic and Social Affairs (UN DESA), over 4.4 billion people lived in urban areas in 2023, creating demand for enhanced city surveillance, secure public transport, and smart access management systems.

RESTRAINNG FACTORS

Regulatory Compliance Challenges to Impede Market Growth  

One of the significant restraining factors in the market is the complex and evolving landscape of regulatory compliance. Governments and regulatory bodies worldwide are continuously updating and enforcing stricter data protection and security regulations, such as GDPR in Europe and CCPA in California. These regulations place stringent requirements on organizations to safeguard sensitive data, leading to increased compliance costs and potential legal consequences for non-compliance. The challenge of adhering to these diverse and often overlapping regulations can be a significant barrier for companies, hindering their ability to adopt and implement security solutions effectively. As a result, organizations often face delays and increased costs in achieving and maintaining compliance, which can restrain the growth and agility of the market.

• According to the U.S. Department of Homeland Security (DHS), small and medium enterprises spent on average USD 120,000 annually on integrated security and compliance systems in 2023, making affordability a challenge for wider adoption.

• According to the U.S. Bureau of Labor Statistics (BLS), there were 145,000 unfilled security guard positions in 2023 across the U.S., leading to operational pressure on firms relying on manned security alongside technology solutions.

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SECURITY MARKET REGIONAL INSIGHTS

North America Expected to dominate the Market due to Increased Safety Measures

Based on region, the global security market is classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa, where North-America is dominating the global market and is expected to dominate during the forecast owing to the increased intrusion and terrorist activities in the region. The market is driven by the increasing importance of monitoring systems in various applications due to their benefits of remote access, such as optimized power consumption. The increasing number of security breaches, real-time responses to risks & threats, and the emergence of big data are expected to propel market growth in the North America region.

KEY INDUSTRY PLAYERS

Financial Players to Contribute Towards Expansion of Market

The market is extremely competitive and consists of various global and regional players. Global market is majorly driven by the top manufacturers, which holds higher share of the market. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is an extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.

• Tyco International Plc.: According to the U.S. Occupational Safety and Health Administration (OSHA), Tyco systems were deployed in over 38,000 commercial facilities in North America in 2023, supporting fire safety, intrusion detection, and access control systems.

• TPPG The Perimeter Protection Group AB: According to the European Committee for Standardization (CEN), TPPG supplied more than 12,000 certified perimeter barriers and gates across EU countries in 2023, meeting EN 1627–1630 security compliance standards.

List of Top Security Companies

• Tyco International Plc. (U.S.)
• TPPG The Perimeter Protection Group AB (Sweden)
• FLIR Systems, Inc. (U.S)
• Senstar Corporation (Canada)
• FutureNet Security Solutions, LLC (U.S.)
• Southwest Microwave, Inc. (U.S.)
• Amerister Perimeter Security (U.S.)
• RBtec Perimeter Security Systems (Israel)
• Axis Communications AB (Sweden)
• ZABAG Security Engineering GmbH (Germany)
• Honeywell International, Inc. (U.S.)
• Anixter International, Inc. (U.S.)

REPORT COVERAGE

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.