The Worldwide Commercial Security System Market is Projected to reach USD 371.1 Billion by 2030, at a CAGR of 7.5%

Published Date: 30-Jun-2023

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Commercial Security System Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Commercial Security System Market size is expected to reach $371.1 billion by 2030, rising at a market growth of 7.5% CAGR during the forecast period.

The Commercial segment is leading the Global Commercial Security System Market by Vertical in 2022 thereby, achieving a market value of $76 billion by 2030. The market's commercial segment is expanding significantly as a result of the rising rates of theft and robbery in commercial structures. Property owners are making investments in security systems to protect their valuables. Additionally, there is rising concern over thefts and crimes connected to data security. Corporations are investing a sizable amount of money in security technologies to strengthen security measures, ensure people's safety, and address security challenges.

The Software segment is showcasing a CAGR of 7.8% during (2023 - 2030). With the knowledge, resources, and technology that commercial security services offer, businesses can prevent security breaches and successfully handle situations. Hiring seasoned security guards from a respected security company can provide several advantages, whether they are looking to protect the retail store, office complex, or industrial location. Ultimately, by spending money on commercial security services, a business can guarantee the protection and safety of business activities and have peace of mind.

The North America market dominated the Global Commercial Security System Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $130.3 billion by 2030. The Europe market is exhibiting a CAGR of 7.3% during (2023 - 2030). Additionally, The Asia Pacific market would showcase a CAGR of 8.2% during (2023 - 2030).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Commercial Security System Market Segmentation

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 Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.

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Related Reports:

North America Market 2023-2030

Europe Market 2023-2030

Asia Pacific Market 2023-2030

LAMEA Market 2023-2030

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