Commercial Security System Trends and Forecast
The future of the global commercial security system market looks promising with opportunities in the commercial, government, transportation, retail, banking & finance, education, industrial, energy & utility, sports & leisure, healthcare, and military and defense markets. The global commercial security system market is expected to reach an estimated $397.9 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are increased use of IP cameras and video surveillance services, increasing global rates of organized crime and terrorism, and use of artificial intelligence (AI) technologies in security video systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Commercial Security System by Segment
The study includes a forecast for the global commercial security system by hardware, software, services, end use industry, and region.
Commercial Security System Market by Hardware [Shipment Analysis by Value from 2018 to 2030]:
• Fire Protection System
• Video Surveillance System
• Access Control System
• Entrance Control System
Commercial Security System Market by Software [Shipment Analysis by Value from 2018 to 2030]:
• Fire Analysis
• Video Surveillance Software
• Access Control Software
Commercial Security System Market by Services [Shipment Analysis by Value from 2018 to 2030]:
• Security system integration services
• Remote Monitoring Services
• Fire Protection Services
• Video Surveillance Services
• Access Control Services
Commercial Security System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
• Banking & Finance
• Education
• Industrial
• Energy & Utility
• Sports & Leisure
• Healthcare
• Military and Defense
List of Commercial Security System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial security system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial security system companies profiled in this report include-
• Johnson Controls
• Hangzhou Hikvision Digital Technology
• Carrier
• Honeywell International
• Robert Bosch
• Dahua Technology
• Dormakaba
• Adt
• Axis Communication
• Secom
Commercial Security System Market Insights
Commercial Security System Market Insights
Lucintel forecasts that fire protection system is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
Asia Pacific is expected to witness highest growth over the forecast period.
Features of the Global Commercial Security System Market
Market Size Estimates: Commercial security system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Commercial security system market by various segments, such as by hardware, software, services, end use industry and region in terms of($B).
Regional Analysis: Commercial security system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , hardware, software, services, end use industry, and regions for the commercial security system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial security system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the commercial security system market size?
Answer: The global commercial security system market is expected to reach an estimated $397.9 billion by 2030.
Q.2 What is the growth forecast for commercial security system market?
Answer: The global commercial security system market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the commercial security system market?
Answer: The major drivers for this market are increased use of IP cameras and video surveillance services, increasing global rates of organized crime and terrorism, and use of artificial intelligence (AI) technologies in security video systems.
Q4. What are the major segments for commercial security system market?
Answer: The future of the commercial security system market looks promising with opportunities in the commercial, government, transportation, retail, banking & finance, education, industrial, energy & utility, sports & leisure, healthcare, and military and defense markets.
Q5. Who are the key commercial security system market companies?
Answer: Some of the key commercial security system companies are as follows:
• Johnson Controls
• Hangzhou Hikvision Digital Technology
• Carrier
• Honeywell International
• Robert Bosch
• Dahua Technology
• dormakaba
• ADT
• Axis Communication
• SECOM
Q6. Which commercial security system market segment will be the largest in future?
Answer: Lucintel forecasts that fire protection system is expected to witness highest growth over the forecast period.
Q7. In commercial security system market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial security system market by hardware (fire protection system, video surveillance system, access control system, and entrance control system), software (fire analysis, video surveillance software, and access control software), services (security system integration services, remote monitoring services, fire protection services, video surveillance services, and access control services), end use industry (commercial, government, transportation, retail, banking & finance, education, industrial, energy & utility, sports & leisure, healthcare, and military and defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Commercial Security System Market, Commercial Security System Market Size, Commercial Security System Market Growth, Commercial Security System Market Analysis, Commercial Security System Market Report, Commercial Security System Market Share, Commercial Security System Market Trends, Commercial Security System Market Forecast, Commercial Security System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.