The Latin America, Middle East and Africa Commercial Security System Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030).
The digital video recorder (DVR) is the system's foundation for the hybrid security camera system. High-megapixel image sensors, interchangeable lenses, and liquid crystal display (LCD) or organic light emitting diode (OLED) screens are all features of hybrid surveillance cameras. Some market participants, like Panasonic Corporation, provide various hybrid cameras, including the Lumix GH4 series and HD camcorder HC-W580 series. These cameras can be used for multiple purposes, including surveillance, and can record 4K videos. The above factors will likely fuel the demand for hybrid surveillance cameras.
Similarly, analog cameras are optimal for industries requiring continuous pan-tilt-zoom (PTZ) camera surveillance. The majority of traditional CCTV camera systems employ analog cameras. Analog cameras are anticipated to experience a consistent growth rate because of the restricted resolution and site range of these cameras. An analog camera works better in low light than an IP camera, which is one advantage of the former. These cameras have a broad range, low-light capabilities, and can withstand temperatures ranging from -40 to 60 degrees Celsius.
The Saudi Arabian government has long recognized the importance of broadband connectivity and the possible benefits of 5G technology, which would support the nation's ambitions to create a modern economy of the highest caliber, as outlined in its Vision 2030. Authorities claim that Saudi Arabia is among the leaders for IMT spectrum awards in the sub-GHz band, which should allow the country's mobile network capacity to naturally transition from 3G and 4G to 5G. The region's rapid embrace of 5G will also boost the need for reliable data security solutions to guarantee secure data transfer and operation, driving up the demand for access control solutions. As a result, the demand would grow in the region.
The Brazil market dominated the LAMEA Commercial Security System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,527 million by 2030. The Argentina market is experiencing a CAGR of 10.1% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9.2% during (2023 - 2030).
Based on Vertical, the market is segmented into Commercial, Retail, Government & Defense, Healthcare & Lifesciences, Banking & Finance, Energy & Power, Transportation & Logistics, Industrial, Education and Others. Based on Offering, the market is segmented into Hardware (Fire Protection System, Video Surveillance, Access Control System and Others), Software (Video Surveillance Software, Fire Analysis Software and Access Control Software) and Services (Security System Integration Services, Remote Monitoring Services, Fire Protection Services, Video Surveillance Services and Access Control Services). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Commercial Security System Market is Projected to reach USD 371.1 Billion by 2030, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc., Zhejiang Dahua Technology Co., Ltd., Dormakaba Holding AG, Bosch Security Systems GmbH (Robert Bosch GmbH), Canon, Inc. (Axis Communications, AB), Secom Co. Ltd., Assa Abloy AB and ADT, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Commercial
- Retail
- Government & Defense
- Healthcare & Lifesciences
- Banking & Finance
- Energy & Power
- Transportation & Logistics
- Industrial
- Education
- Others
By Offering
- Hardware
- Fire Protection System
- Video Surveillance
- Access Control System
- Others
- Software
- Video Surveillance Software
- Fire Analysis Software
- Access Control Software
- Services
- Security System Integration Services
- Remote Monitoring Services
- Fire Protection Services
- Video Surveillance Services
- Access Control Services
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson Controls International PLC
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International, Inc.
- Zhejiang Dahua Technology Co., Ltd.
- Dormakaba Holding AG
- Bosch Security Systems GmbH (Robert Bosch GmbH)
- Canon, Inc. (Axis Communications, AB)
- Secom Co. Ltd.
- Assa Abloy AB
- ADT, Inc.
TABLE 1 LAMEA Commercial Security System Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Commercial Security System Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Commercial Security System Market
TABLE 4 Product Launches And Product Expansions– Commercial Security System Market
TABLE 5 Acquisition and Mergers– Commercial Security System Market
TABLE 6 Geographical Expansions– Commercial Security System Market
TABLE 7 LAMEA Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 8 LAMEA Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 9 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Government & Defense Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Healthcare & Lifesciences Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Banking & Finance Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Banking & Finance Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Transportation & Logistics Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Education Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Education Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 30 LAMEA Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 31 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 34 LAMEA Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 35 LAMEA Fire Protection System Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Fire Protection System Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Video Surveillance Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Video Surveillance Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Access Control System Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Access Control System Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 45 LAMEA Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 46 LAMEA Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 47 LAMEA Video Surveillance Software Market by Country, 2019 - 2022, USD Million
TABLE 48 LAMEA Video Surveillance Software Market by Country, 2023 - 2030, USD Million
TABLE 49 LAMEA Fire Analysis Software Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Fire Analysis Software Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Access Control Software Market by Country, 2019 - 2022, USD Million
TABLE 52 LAMEA Access Control Software Market by Country, 2023 - 2030, USD Million
TABLE 53 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 55 LAMEA Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 56 LAMEA Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 57 LAMEA Security System Integration Services Market by Country, 2019 - 2022, USD Million
TABLE 58 LAMEA Security System Integration Services Market by Country, 2023 - 2030, USD Million
TABLE 59 LAMEA Remote Monitoring Services Market by Country, 2019 - 2022, USD Million
TABLE 60 LAMEA Remote Monitoring Services Market by Country, 2023 - 2030, USD Million
TABLE 61 LAMEA Fire Protection Services Market by Country, 2019 - 2022, USD Million
TABLE 62 LAMEA Fire Protection Services Market by Country, 2023 - 2030, USD Million
TABLE 63 LAMEA Video Surveillance Services Market by Country, 2019 - 2022, USD Million
TABLE 64 LAMEA Video Surveillance Services Market by Country, 2023 - 2030, USD Million
TABLE 65 LAMEA Access Control Services Market by Country, 2019 - 2022, USD Million
TABLE 66 LAMEA Access Control Services Market by Country, 2023 - 2030, USD Million
TABLE 67 LAMEA Commercial Security System Market by Country, 2019 - 2022, USD Million
TABLE 68 LAMEA Commercial Security System Market by Country, 2023 - 2030, USD Million
TABLE 69 Brazil Commercial Security System Market, 2019 - 2022, USD Million
TABLE 70 Brazil Commercial Security System Market, 2023 - 2030, USD Million
TABLE 71 Brazil Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 72 Brazil Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 73 Brazil Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 74 Brazil Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 75 Brazil Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 76 Brazil Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 77 Brazil Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 78 Brazil Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 79 Brazil Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 80 Brazil Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 81 Argentina Commercial Security System Market, 2019 - 2022, USD Million
TABLE 82 Argentina Commercial Security System Market, 2023 - 2030, USD Million
TABLE 83 Argentina Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 84 Argentina Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 85 Argentina Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 86 Argentina Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 87 Argentina Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 88 Argentina Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 89 Argentina Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 90 Argentina Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 91 Argentina Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 92 Argentina Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 93 UAE Commercial Security System Market, 2019 - 2022, USD Million
TABLE 94 UAE Commercial Security System Market, 2023 - 2030, USD Million
TABLE 95 UAE Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 96 UAE Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 97 UAE Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 98 UAE Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 99 UAE Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 100 UAE Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 101 UAE Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 102 UAE Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 103 UAE Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 104 UAE Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 105 Saudi Arabia Commercial Security System Market, 2019 - 2022, USD Million
TABLE 106 Saudi Arabia Commercial Security System Market, 2023 - 2030, USD Million
TABLE 107 Saudi Arabia Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 108 Saudi Arabia Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 109 Saudi Arabia Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 110 Saudi Arabia Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 111 Saudi Arabia Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 112 Saudi Arabia Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 113 Saudi Arabia Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 114 Saudi Arabia Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 115 Saudi Arabia Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 116 Saudi Arabia Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 117 South Africa Commercial Security System Market, 2019 - 2022, USD Million
TABLE 118 South Africa Commercial Security System Market, 2023 - 2030, USD Million
TABLE 119 South Africa Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 120 South Africa Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 121 South Africa Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 122 South Africa Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 123 South Africa Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 124 South Africa Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 125 South Africa Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 126 South Africa Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 127 South Africa Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 128 South Africa Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 129 Nigeria Commercial Security System Market, 2019 - 2022, USD Million
TABLE 130 Nigeria Commercial Security System Market, 2023 - 2030, USD Million
TABLE 131 Nigeria Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 132 Nigeria Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 133 Nigeria Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 134 Nigeria Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 135 Nigeria Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 136 Nigeria Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 137 Nigeria Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 138 Nigeria Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 139 Nigeria Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 140 Nigeria Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 141 Rest of LAMEA Commercial Security System Market, 2019 - 2022, USD Million
TABLE 142 Rest of LAMEA Commercial Security System Market, 2023 - 2030, USD Million
TABLE 143 Rest of LAMEA Commercial Security System Market by Vertical, 2019 - 2022, USD Million
TABLE 144 Rest of LAMEA Commercial Security System Market by Vertical, 2023 - 2030, USD Million
TABLE 145 Rest of LAMEA Commercial Security System Market by Offering, 2019 - 2022, USD Million
TABLE 146 Rest of LAMEA Commercial Security System Market by Offering, 2023 - 2030, USD Million
TABLE 147 Rest of LAMEA Commercial Security System Market by Hardware Type, 2019 - 2022, USD Million
TABLE 148 Rest of LAMEA Commercial Security System Market by Hardware Type, 2023 - 2030, USD Million
TABLE 149 Rest of LAMEA Commercial Security System Market by Software Type, 2019 - 2022, USD Million
TABLE 150 Rest of LAMEA Commercial Security System Market by Software Type, 2023 - 2030, USD Million
TABLE 151 Rest of LAMEA Commercial Security System Market by Services Type, 2019 - 2022, USD Million
TABLE 152 Rest of LAMEA Commercial Security System Market by Services Type, 2023 - 2030, USD Million
TABLE 153 Key Information – Johnson Controls International PLC
TABLE 154 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 155 Key Information – Honeywell International, Inc.
TABLE 156 Key Information – Zhejiang Dahua Technology Co., Ltd.
TABLE 157 Key Information – Dormakaba Holding AG
TABLE 158 Key Information – Bosch Security Systems GmbH
TABLE 159 Key Information – Canon, Inc.
TABLE 160 Key Information – Secom Co. Ltd.
TABLE 161 Key Information – Assa Abloy AB
TABLE 162 Key Information – ADT Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2022
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions: 22020, Apr – 2023, May) Leading Players
FIG 6 LAMEA Commercial Security System Market share by Vertical, 2022
FIG 7 LAMEA Commercial Security System Market share by Vertical, 2030
FIG 8 LAMEA Commercial Security System Market by Vertical, 2019 - 2030, USD Million
FIG 9 LAMEA Commercial Security System Market share by Offering, 2022
FIG 10 LAMEA Commercial Security System Market share by Offering, 2030
FIG 11 LAMEA Commercial Security System Market by Offering, 2019 - 2030, USD Million
FIG 12 LAMEA Commercial Security System Market share by Country, 2022
FIG 13 LAMEA Commercial Security System Market share by Country, 2030
FIG 14 LAMEA Commercial Security System Market by Country, 2019 - 2030, USD Million
FIG 15 Recent strategies and developments: Johnson Controls International PLC
FIG 16 swot analsyis: Johnson controls international plc
FIG 17 Recent strategies and developments: Hangzhou Hikvision Digital Technology Co., Ltd.
FIG 18 Recent strategies and developments: Honeywell International, Inc.
FIG 19 Swot Analysis: Honeywell International, Inc.
FIG 20 Recent strategies and developments: Zhejiang Dahua Technology Co., Ltd.
FIG 21 Recent strategies and developments: Bosch Security Systems GmbH
FIG 22 Swot analysis: Robert Bosch GmbH
FIG 23 Recent strategies and developments: Canon, Inc.
FIG 24 Swot analysis: Canon, inc.
FIG 25 Recent strategies and developments: Assa Abloy AB
FIG 26 SWOT Analysis: Assa Abloy AB
FIG 27 Recent strategies and developments: ADT, Inc.