Global Security Market Size & Outlook, 2024-2030
Global security market, 2018-2030 (US$M)
Related Markets
Global security market highlights
- The global security market generated a revenue of USD 143,548.6 million in 2024 and is expected to reach USD 225,210.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.6% by 2030.
- In terms of segment, system accounted for a revenue of USD 121,826.5 million in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 143,548.6 million |
| Market revenue in 2030 | USD 225,210.7 million |
| Growth rate | 7.6% (CAGR from 2025 to 2030) |
| Largest segment | System |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 32.6% of the global security market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 16,973.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Security Market Scope
Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ZABAG Security Engineering | View profile | 51-100 | Grünhainichen, Sachsen, Germany, Europe | https://www.zabag.de |
| Perimeter Protection Group | View profile | 51-100 | Salzkotten, Nordrhein-Westfalen, Germany, Europe | https://www.perimeterprotection.net/ |
| Anixter International | View profile | 5001-10000 | Glenview, Illinois, United States, North America | http://www.anixter.com |
| Apex Fabrication & Design | View profile | 11-50 | Boyertown, Pennsylvania, United States, North America | https://apexfab.com |
| Axis Communications | View profile | 11-50 | New Delhi, Delhi, India, Asia | https://www.axisevents.in |
| Morgan Stanley | View profile | 80000 | 1585 Broadway, New York, NY, United States, 10036 | https://www.morganstanley.com |
| Assa Abloy AB ADR | View profile | 61282 | Klarabergsviadukten 90, P.O. Box 70340, Stockholm, Sweden, SE-107 23 | https://www.assaabloy.com |
| WESCO International Inc | View profile | 20000 | 225 West Station Square Drive, Suite 700, Pittsburgh, PA, United States, 15219 | https://www.wesco.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Global security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to security market will help companies and investors design strategic landscapes.
System was the largest segment with a revenue share of 84.87% in 2024. Horizon Databook has segmented the Global security market based on system, service covering the revenue growth of each sub-segment from 2018 to 2030.
The crucial market driver for security is the growing unrest and insurgencies across the globe. The recent years have witnessed a substantial increase in terrorist attacks and cross border interventions. The rise in planned crimes and illegal activities has also driven the market for security and intrusion detection. Crimes have spread across the globe without any specific segment or industry being the target.
Large manufacturing plants, government sites, and energy fields are exposed to high risks of intrusions, theft of technologies and valuables, and smuggling of goods. As a result, organizations highly prefer implementing security systems for the detection of threats. Technological advancements have enabled terrorists to utilize modern weapons and enter other nations.
Terrorists use hi-tech and advanced systems that deceive the existing or conventional systems that are deployed by the government officials. This has created a high demand for security systems in the government and military sectors.
Reasons to subscribe to Global security market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global security market databook
-
Our clientele includes a mix of security market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global security market , including forecasts for subscribers. This global databook contains high-level insights into Global security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global security market size, by regions, 2018-2030 (US$M)
Top 10 countries: Security market size, 2024 (US$M)
Global security market share, by component, 2024 & 2030 (%, US$M)
Security market: Opportunity assessment by country
Global security market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
