North America Security Market Size & Outlook, 2024-2030
Related Markets
North America security market highlights
- The North America security market generated a revenue of USD 46,853.7 million in 2024.
- The market is expected to grow at a CAGR of 6.8% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 46,853.7 million |
| Market revenue in 2030 | USD 70,155.4 million |
| Growth rate | 6.8% (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 |
| 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, North America region accounted for 32.6% of the global security market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80,351.5 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 |
North America 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 82.01% in 2024. Horizon Databook has segmented the North America security market based on system, service covering the revenue growth of each sub-segment from 2018 to 2030.
In North America, there has been significant investment and adoption of access control systems across various sectors. The market for access control systems in this region has experienced substantial growth in recent years due to emerging security concerns, technological advancements, and regulatory requirements have contributed to the expansion of the market.
Moreover, Governments at various levels and public institutions in North America have invested in access control systems to enhance security and control access to sensitive areas. This includes government buildings, airports, public transportation systems, and critical infrastructure facilities.
North America has the biggest concentration of physical security solutions and service providers and is one of the regions of the world most affected by cyberattacks, particularly identity-related crimes. Governments in North America have ranked cybersecurity as the most significant economic and national security threat.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America security market , including forecasts for subscribers. This continent databook contains high-level insights into North America security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America security market size, by country, 2018-2030 (US$M)
North America Security Market Outlook Share, 2024 & 2030 (US$M)
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