Australia Security Market Size & Outlook, 2024-2030

The security market in Australia is expected to reach a projected revenue of US$ 7,713.7 million by 2030. A compound annual growth rate of 8.8% is expected of Australia security market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,591.7
Forecast, 2030 (US$M)
$7,713.7
CAGR, 2025 - 2030
8.8%
Report Coverage
Australia

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Australia security market, 2018-2030 (US$M)

Australia security market, 2018-2030 (US$M)

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Australia security market highlights

  • The Australia security market generated a revenue of USD 4,591.7 million in 2024 and is expected to reach USD 7,713.7 million by 2030.
  • The Australia market is expected to grow at a CAGR of 8.8% from 2025 to 2030.
  • In terms of segment, system was the largest revenue generating component in 2024.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.


Security market data book summary

Market revenue in 2024USD 4,591.7 million
Market revenue in 2030USD 7,713.7 million
Growth rate8.8% (CAGR from 2025 to 2030)
Largest segmentSystem
Fastest growing segmentService
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystem, Service
Key market players worldwideAssa Abloy AB ADR, Morgan Stanley, WESCO International Inc, Johnson Controls International PLC, Honeywell International Inc, Teledyne Technologies Inc


Other key industry trends

  • In terms of revenue, Australia accounted for 3.2% of the global security market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China security market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 16,973.6 million by 2030.

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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

Australia 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 84.35% in 2024. Horizon Databook has segmented the Australia security market based on system, service covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of security market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia security market , including forecasts for subscribers. This country databook contains high-level insights into Australia security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia security market size, by system, 2018-2030 (US$M)

Australia Security Market Outlook Share, 2024 & 2030 (US$M)

Australia security market size, by system, 2018-2030 (US$M)

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