SAIC(Science Applications International Corporation)
Harris Corporation
Siemens AG
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Global Security Market is estimated to be valued at US$ 145.38 Bn in 2025 and is expected to reach US$ 247.55 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 145.38 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.90%
2032 Value Projection:
USD 247.55 Bn
Figure. Security Market Share (%), By Region 2025
The global security market has been experiencing significant growth in the recent years. Factors, such as rising terrorist activities, increasing cybersecurity threats, growing industrialization, and urbanization, are driving the demand for advanced security systems globally. Furthermore, the adoption of Internet of Things (IoT) and emergence of smart cities are also positively impacting the market growth. However, high initial investment and compliance with regulatory standards continue to remain key challenges for players operating in this space.
Market Dynamics:
The global security market growth is driven by factors such as increasing incidences of terrorist activities, burglaries, and social unrest across major countries. Furthermore, rising cyber threats, data breaches from hackers, and growth in the adoption of digital technologies are also spurring the demand for advanced security systems and solutions. Growing industrialization and urbanization have further accelerated infrastructure development activities worldwide, thus augmenting opportunities within the commercial and residential security segments. Additionally, integration of IoT-based technologies and development of smart cities provide additional growth prospects for video surveillance, biometrics, and access control systems. However, high initial investment and compliance with regulatory standards pertaining to data and product security continue to challenge business expansion for players operating in the market.
Key Features of the Study:
This report provides in-depth analysis of the global security market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global security market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Lockheed Martin, BAE Systems, Thales Group, General Dynamics, Northrop Grumman, Raytheon Technologies, Honeywell International, Johnson Controls, Assa Abloy, Rheinmetall AG, Leonardo S.p.A., Boeing Defense, Space & Security, SAIC (Science Applications International Corporation), Harris Corporation, and Siemens AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global security market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global security market
Market Segmentation
System Insights (Revenue, USD Bn, 2020 - 2032)
Video Surveillance Systems
Access Control Systems
Intrusion Detection Systems
Fire Protection Systems
Others
Service Insights (Revenue, USD Bn, 2020 - 2032)
System Integration & Consulting
Risk Assessment & Analysis
Managed Security Services
Maintenance & Support
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U,K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Company Profiles:
Lockheed Martin
BAE Systems
Thales Group
General Dynamics
Northrop Grumman
Raytheon Technologies
Honeywell International
Johnson Controls
Assa Abloy
Rheinmetall AG
Leonardo S.p.A.
Boeing Defense, Space & Security
SAIC (Science Applications International Corporation)
Harris Corporation
Siemens AG
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Security Market, By System
Global Security Market, By Service
Global Security Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Security Market, By System, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Video Surveillance Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Access Control Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Intrusion Detection Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Fire Protection Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Security Market, By Service, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
System Integration & Consulting
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Risk Assessment & Analysis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Managed Security Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Maintenance & Support
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Security Market, By Region, 2020 - 2032, Value (USD Bn)