Security Market to Garner Staggering Revenues Worth $167.12 Billion By 2025

1. Security Market to Garner Staggering Revenues Worth $167.12 Billion By 2025 “The global security market size is projected to reach USD 167.12 billion by 2025 and is expected to grow with 10.3% CAGR over the forecast period, from 2019 to 2025.” Global Security Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Security Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Security Business, Market Share of Product, Application and Regional Scope of Security which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making. The global security market size is projected to reach USD 167.12 billion by 2025 and is expected to grow with 10.3% CAGR over the forecast period, from 2019 to 2025. The adoption of security systems is gaining traction as these systems offer high quality surveillance along with optimized distortion. In addition, strict government rules coupled with growing number of illegal activities worldwide is expected to further drive the market growth over the forecasts period. Due to emergence of advanced technologies, various industries are shifting towards automation to sustain in competitive market. Additionally, development of infrastructure globally has led to increase in demand for security systems such as video surveillance system and access control system, thereby expected to drive the demand for security systems. In 2018, the video surveillance systems held the largest market share. Increasing usage of cameras in several locations like ports, airports, and railway stations for security purpose is propelling the demand for high quality video surveillance systems. In addition, these systems are widely used in military and defence sector for surveillance purpose, thereby expected to drive the demand for security systems over the forecast period. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-security-market/request-sample

2. The maintenance and support segment is projected to have potential growth due to growing need for regular maintenance after post installation Technological advancement in video capturing is influencing the market players for new product launch along with better quality. This factor is expected to open new avenues for security market growth. Governments across several nations such as Canada and U.S. have started adoption of security systems and focusing on cross border security. Moreover, suppliers are concentrating on collaborations with manufacturers to develop advanced featured products and to improve performance. With minimum power consumption, advanced systems help effectively to monitor the surrounding activities. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-security-market Further key findings from the report suggest: • Among systems, the intrusion detection systems segment is estimated to grow with CAGR of more than 10.0% during the forecast period. • The demand for security system has increased over the recent past due to growing awareness about safety concern, and adoption of advanced systems along with real-time monitoring supporting • North America is projected to hold the largest market share throughout the forecast period and expected to reach around USD 53.15 billion by 2025. • The market players include Honeywell International, Inc.; FLIR Systems, Inc.; Axis Communications AB; Anixter International, Inc.; Senstar Corporation and Tyco International Plc. Million Insights has segmented the global security market on the basis of system, service, end use, and region: Security System Outlook (Revenue, USD Billion, 2014 - 2025) • Access Control Systems

3. • Alarms & Notification Systems • Intrusion Detection Systems • Video Surveillance Systems • Barrier Systems • Others Security Service Outlook (Revenue, USD Billion, 2014 - 2025) • System Integration and Consulting • Risk Assessment and Analysis • Managed Services • Maintenance and Support Security End-use Outlook (Revenue, USD Billion, 2014 - 2025) • Government • Military and Defense • Transportation • Commercial • Industrial • Others Security Regional Outlook (Revenue, USD Billion, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • Asia Pacific • Australia

4. • New Zealand • China • Japan • India • Latin America • Brazil • Mexico • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose,CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892