Australia Security Market Size & Outlook, 2024-2030
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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 2024 | USD 4,591.7 million |
| Market revenue in 2030 | USD 7,713.7 million |
| Growth rate | 8.8% (CAGR from 2025 to 2030) |
| Largest segment | System |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System, Service |
| Key market players worldwide | Assa 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 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 |
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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Target buyers of Australia security market databook
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Our clientele includes a mix of security market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
Australia security market size, by system, 2018-2030 (US$M)
Australia Security Market Outlook Share, 2024 & 2030 (US$M)
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