The global security market size was estimated at USD 143.55 billion in 2024 and is expected to reach USD 225.21 billion by 2030, growing at a CAGR of 7.6% from 2025 to 2030. This growth is primarily driven by the increasing incidence of illegal activities, terrorism, and fraudulent actions worldwide, along with the implementation of stringent government regulations, which have collectively boosted the adoption of advanced security systems.

Security systems provide numerous advantages, including maintaining records for critical information, monitoring activities in both commercial and residential areas, and enhancing national security by protecting against terrorism and external threats at various locations. These systems have seen particularly high adoption rates within the military and defense sectors, where the risk of terrorism, cross-border intrusions, and security breaches is significant.

The security industry is dynamic and rapidly expanding, propelled by rising concerns over physical safety, cybersecurity, and data privacy. As global economies become increasingly interconnected and dependent on digital and physical infrastructures, the demand for advanced security solutions has surged across multiple domains, including residential, commercial, industrial, and governmental sectors. The market offers a wide array of products and services, such as surveillance systems, access control solutions, cybersecurity tools, biometric systems, and integrated security platforms powered by artificial intelligence (AI) and Internet of Things (IoT) technologies. These innovations enable real-time threat detection, streamline response measures, and provide predictive analytics to proactively prevent incidents, thereby significantly enhancing overall security management and operational efficiency.

Key Market Trends & Insights:

• The North America security market dominated the global industry with a revenue share of 32% in 2024. The region’s leading position can be attributed to heightened security concerns, widespread adoption of advanced surveillance and access control technologies, and stringent regulatory frameworks that drive investments in both physical and digital security solutions.

• Within North America, the security industry in the U.S. held a dominant position in the regional market in 2024. The country’s extensive infrastructure, high security awareness, and proactive government initiatives have contributed to strong demand for security systems across various sectors, reinforcing its market leadership in the region.

• Based on component, the system segment dominated the global security market and accounted for a revenue share of over 77% in 2024. The dominance of this segment is driven by the increasing deployment of comprehensive security systems, which integrate surveillance, access control, alarm monitoring, and cybersecurity solutions. Organizations and governments are increasingly investing in these systems to ensure coordinated and efficient security management.

• By end-use, the military and defense segment led the global security market in 2024. The high adoption in this sector is fueled by rising threats from terrorism, cross-border conflicts, and cyber-attacks, prompting military and defense organizations to implement sophisticated security systems to safeguard personnel, critical infrastructure, and sensitive information.

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Market Size & Forecast:

• 2024 Market Size: USD 143.55 Billion

• 2030 Projected Market Size: USD 225.21 Billion

• CAGR (2025-2030): 7.6%

• North America: Largest market in 2024

• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights:

Some key companies operating in the global security industry include ASSA ABLOY, Apex Fabrication & Design, Inc., and Apex Perimeter Protection. These companies play a significant role in providing innovative and advanced security solutions to meet the growing demand for protection across residential, commercial, industrial, and governmental sectors.

ASSA ABLOY is a global leader in the security industry, specializing in access solutions such as locks, doors, and entrance systems. The company operates in more than 70 countries and is recognized for its innovation in both physical and electronic security solutions. Its extensive product portfolio includes traditional mechanical locks, smart locks, access control systems, and key management solutions, catering to diverse market segments including residential, commercial, industrial, and institutional applications. With a strong focus on integrating advanced technologies, ASSA ABLOY leverages IoT, cloud-based systems, and biometrics to provide secure, efficient, and scalable solutions that enhance user convenience and safety.

Apex Perimeter Protection focuses on delivering advanced security solutions designed to safeguard the perimeters of critical infrastructure, high-security facilities, and private properties. The company offers robust physical security systems, including fencing, gates, barriers, and surveillance technologies, to prevent unauthorized access and protect valuable assets. Apex Perimeter Protection combines modern technologies such as motion detection, video surveillance, and access control systems to create comprehensive security solutions that can be customized for various industries, including government, military, commercial, and residential sectors. Their services often include tailored installations and ongoing maintenance, ensuring that perimeter security remains effective, adaptable, and resilient against evolving threats. Apex’s expertise and focus on perimeter protection have established it as a key player in the global security industry.

Key Players

• ASSA ABLOY

• Apex Fabrication & Design, Inc.

• Apex Perimeter Protection

• Anixter Inc.

• Perimeter Protection Germany GmbH

• Johnson Controls

• Honeywell International, Inc.

• ZABAG Security Engineering GmbH

• Teledyne FLIR LLC

• Axis Communications AB

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Conclusion:

The report concludes that the global security market is expected to grow steadily over the forecast period as concerns about physical safety, cyber threats, and data privacy continue to rise. Increasing illegal activities, terrorism, and stringent government regulations are driving widespread adoption of advanced security systems and services across multiple sectors. Technological advancements, including AI, IoT, and real time monitoring solutions, are enhancing threat detection and response capabilities. Growth is supported by strong demand in both public and private sectors, with significant investments in comprehensive security solutions that protect people, assets, and infrastructure worldwide.