1. Market Research
  2. > IT Infrastructure Market Trends
  3. > Security Systems

Security System Market Research: Latest Reports, Statistics and Trends

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
18 votes

Global Security Systems Industry Analysis

The global security systems industry (part of the hardware and electronic equipment market) encompasses many domains from households to the corporate world and touches on an array of sectors such as energy and transportation. As businesses and individuals continue to enlist the internet in their day-to-day activities, the need for protection from cyber threats is increasingly important.

Hackers worldwide are using more complex methods, which drives demand for sophisticated cyber security solutions. Terrorist threats in particular are prompting greater investment in security, notably in transportation applications. Innovation in terms of software is equipping the transportation sector with a necessary security tool.

Key Security Systems Market Segments

The world Managed Security Systems (MSS) market demand is particularly strong in developing markets like the Asia-Pacific region. Market growth is fuelled by rising corporate interest in risk management and network security to combat hackers. Companies not only purchase security systems, but also constantly update them to evolve at the same rate as hacker attacks. MSS demand is also rising due to the need to track data within companies such as network logs and emails.

The global security equipment emerging markets are set to record the strongest growth, across Africa, South America, Asia and Eastern Europe. Electronic security products are expected to grow to account for a larger market share in coming years.

The world security software market growth for small and medium business is driven by compliance requirements, and demand is particularly strong for email and web security solutions. One obstacle to market expansion is the relatively lower IT security budget compared with larger companies. Leading players operating in the market include Trend Micro, McAfee, Kaspersky Lab and Symantec

The world network security industry growth is driven by widespread virtualization of servers and the consequent need for up-to-date network security solutions. One obstacle to market growth involves implementation difficulty as IT infrastructure becomes increasingly complex.

Due to the rising number of cyber attacks being carried out worldwide, companies and state bodies have been obliged to step up their network security.

The world smart grid cyber security market growth is fuelled by compliance requirements, and obstacles to market expansion include the lack of sector uniformity. Leading players operating in this market include VeriSign, Industrial Defender and BAE Systems.

The video surveillance technology represents the leading market segment at just under $2 billion. 

The US home automation systems and devices market is forecast to exceed $5.5 billion in 2016, recording yearly growth of close to 11% between 2011 and 2016. Lighting, home entertainment and security systems combine to represent almost 60% of the home automation market. This segment should see yearly growth of over 12% to reach almost $4 billion in 2016. The remainder of the market is made up of ventilation, air conditioning, heating and energy management. This segment, accounting for over 40% of the overall market, is forecast to record yearly growth of almost 7.5% from 2011 to 2016, reaching $1.7 billion.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+44 208 068 8943

1-10 of about 400 reports

Global Security Systems Industry

  • January 2017
    6 pages
  • Security System...  

    IT Infrastructu...  

  • World  

View report >

Security Systems Markets in the US

  • April 2017
    8 pages
  • Security System...  

    Computer Securi...  

  • United States  

View report >

The future of the Security Systems Industry in Europe

  • July 2017
    5 pages
  • Security System...  

  • Europe  

    Bulgaria  

    Romania  

View report >

Security Systems Industry in Asia - Forecast

  • November 2016
    8 pages
  • Security System...  

  • Asia  

    China  

    Indonesia  

View report >

Security Systems Industry in Japan

  • January 2015
    6 pages
  • Security System...  

  • Japan  

View report >

Security Systems Statistics in the UK

  • January 2016
    16 pages
  • Security System...  

  • United Kingdom  

    Europe  

View report >

Security Systems Industry in China and the US

  • March 2016
    5 pages
  • China  

    United States  

    Asia  

View report >

Security Systems Industry in Indonesia

  • January 2016
    22 pages
  • Security System...  

  • Indonesia  

    Asia  

View report >

Security Systems Industry in North America

  • June 2017
    9 pages
  • Security System...  

  • North America  

    Germany  

    Canada  

View report >

Search in Security Systems Industry (About 400 reports)
Parent industry: IT Infrastructure
Related industries: Network Equipment, Point Of Sale Systems

About 700 reports

Purchase Reports From Reputable Market Research Publishers
(From € 823 - € 6384)

Smart Home Market by Product, Software & Service, and Geography - Global Forecast to 2023

  • € 6384
  • Industry report
  • July 2017
  • by MarketsandMarkets

“Smart home market expected to grow at a CAGR of 13.61% between 2017 and 2023” The global market for smart homes was valued at USD 54.97 billion in 2016 and is likely to reach USD 137.91 billion by ...

Digital Door Lock Systems Market And Keypad; End-use In ...

May 2017 € 5268

Access Control Market By Component And Software, Servic ...

August 2017 € 5045

Radar Sensor Market By Type, Technology, Component, Ban ...

August 2017 € 5045

Speech And Voice Recognition Market By Technology, Vert ...

August 2017 € 5045

Industrial Access Control Market By Component, And Soft ...

June 2017 € 5045

Traffic Management Market By Software, Hardware, Servic ...

June 2017 € 5045

Connected Rail Market By Service, Rail Signaling System ...

June 2017 € 5045

Video Surveillance As A Service Market By Type, Vertica ...

May 2017 € 5045

Multifactor Authentication Market By Model, Application ...

May 2017 € 5045

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.