The Impact Of Growing Terrorism On The Expansion Of The Security Market: Powering Innovation and Expansion in the Security Market by 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
What Is the Expected CAGR for the Security Market Through 2025?_x000D_
The size of the security market has seen substantial growth in the past few years. It is predicted to surge from $135.82 billion in 2024 to $147.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%. The significant growth during the historic period is due to increased awareness, urbanization growth, heightened cyber threats, widespread global business activities and international travel, and the expansion of businesses and their infrastructure._x000D_
_x000D_
What's the Projected Size of the Global Security Market by 2029?_x000D_
The projections for the security market size indicate robust growth in the coming few years. The market is predicted to expand to $204.35 $ billion by 2029, with a compound annual growth rate (CAGR) of 8.5%. The growth during this forecast period is associated with the expansion of smart infrastructure, an increased reliance on cloud services, a rising demand for integrative security solutions, growth of the critical infrastructure sector, and the rise in remote work. Noteworthy trends expected in this forecast period encompass AI and machine learning, extended detection and response, Internet of Things (IoT) security, security automation, and the creation of new security protocols._x000D_
_x000D_
View the full report here:_x000D_
https://www.thebusinessresearchcompany.com/report/security-global-market-report_x000D_
_x000D_
Top Growth Drivers in the Security Industry: What's Accelerating the Market?_x000D_
The expansion of the security market is predicted to be fueled by the rising threat of terrorism. Terrorism, which involves the use of violence or intimidation, particularly against innocent civilians, aims to attain political, ideological, or religious objectives. An upsurge in terrorism can be attributed to various factors such as political turmoil, radical ideologies, and sociopolitical complaints, all of which incite violence and disorder. Preventative tactics to combat terrorism encompass surveillance, intelligence collection, and security infrastructure. For instance, the Global Terrorism Index 2023 unveiled by the Institute for Economics and Peace-a research and education institution based in Australia-revealed in March 2023 that terrorist attacks have turned more dangerous, with an average of 1.7 fatalities per incident, a rise from 1.3 fatalities per assault in 2021. Consequently, the escalation in terrorism is propelling the growth of the security market._x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=19687&type=smp_x000D_
_x000D_
What Trends Will Shape the Security Market Through 2029 and Beyond?_x000D_
To enhance their threat detection and response abilities, leading companies in the security sector are inventing pioneering products, such as AI-enabled motion sensors. These AI-powered motion sensors utilize artificial intelligence to improve the precision of motion detection, predict movements, and adjust to different environmental conditions, allowing for more accurate and intelligent supervision. For example, in June 2023, SimpliSafe, a home security company from the US, debuted a ground-breaking feature known as 24/7 Live Guard Protection that assists in real-time crime prevention. This function, facilitated by a smart wireless indoor security camera, enables monitoring personnel to interact visually and verbally with intruders via two-way audio. Once an alarm is activated, agents either ask for the safeword or instruct the intruder to evacuate. If the safeword is wrong or the intruder resists, the agent immediately alerts the police._x000D_
_x000D_
What Are the Main Segments in the Security Market?_x000D_
The securitymarket covered in this report is segmented -_x000D_
_x000D_
1) By System: Access Control Systems, Alarms And Notification Systems, Intrusion Detection Systems, Video Surveillance Systems, Barrier Systems, Other Systems_x000D_
2) By Service: System Integration And Consulting, Risk Assessment And Analysis, Managed Services, Maintenance And Support_x000D_
3) By End User: Government, Military And Defense, Transportation, Commercial, Industrial, Other End Users_x000D_
_x000D_
Subsegments:_x000D_
1) Access Control Systems: Card-Based Systems, Biometric Systems, Keypad Systems_x000D_
2) Alarms And Notification Systems: Intruder Alarms, Fire Alarms, Emergency Notification Systems_x000D_
3) Intrusion Detection Systems: Motion Sensors, Glass Break Detectors, Perimeter Sensors_x000D_
4) Video Surveillance Systems: CCTV Cameras, IP Cameras, Video Management Software_x000D_
5) Barrier Systems: Automatic Gates, Bollards, Turnstiles_x000D_
6) Other Systems: Cybersecurity Solutions, Monitoring Services, Security Management Software_x000D_
_x000D_
Tailor your insights and customize the full report here:_x000D_
https://www.thebusinessresearchcompany.com/customise?id=19687&type=smp_x000D_
_x000D_
Which Top Companies are Driving Growth in the Security Market?_x000D_
Major companies operating in the security market are Honeywell International Inc., Johnson Controls, Thales Group S.A., ASSA ABLOY AB, Anixter Inc., Teledyne FLIR LLC, Juniper Networks Inc., Zhejiang Dahua Technology Co. Ltd., NortonLifeLock Inc., Ameristar Perimeter Security USA Inc., McAfee LLC, Axis Communications AB, Kaspersky Lab, Senstar Technologies Corporation, ATG Access Ltd., Delta Scientific Corporation, Frontier Pitts Ltd., Perimeter Protection Group, CIAS Elettronica Srl, Barrier1 Systems LLC, ZABAG Security Engineering GmbH, Avon Barrier Corporation Ltd., Apex Perimeter Protection LLC, EL-Go Team _x000D_
_x000D_
Which Regions Will Dominate the Security Market Through 2029?_x000D_
North America was the largest region in the security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
_x000D_
Purchase the full report today:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19687_x000D_
_x000D_
This Report Supports:_x000D_
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
_x000D_
Learn More About The Business Research Company_x000D_
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead._x000D_
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making._x000D_
_x000D_
Reach out to us:_x000D_
The Business Research Company: https://www.thebusinessresearchcompany.com/_x000D_
Americas +1 310-496-7795_x000D_
Europe +44 7882 955267_x000D_
Asia & Others +44 7882 955267 & +91 8897263534_x000D_
Email us at info@tbrc.info_x000D_
_x000D_
Follow Us On:_x000D_
LinkedIn: https://in.linkedin.com/company/the-business-research-company_x000D_
Twitter: https://twitter.com/tbrc_info_x000D_
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.