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Security Solutions Market

Security Solutions Market Forecasts to 2028 – Global Analysis By Application (Video Monitoring, System Integration), Product (Fire Protection, Wireless Systems), End Users (Military, Banking, Government) and By Geography

4.7 (71 reviews)
Published: May 2021 ID: SMRC20539
4.7 (71 reviews)
Published: May 2021 ID: SMRC20539

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Security Solutions Market is accounted for $281.11 billion in 2020 and is expected to reach $647.83 billion by 2028 growing at a CAGR of 11.0% during the forecast period. Increasing security concerns, globally growing crime rates and terrorist activities, increasing consumer awareness, and surging demand for deployment of wireless technology in security systems are driving the market growth. However, high installation, operational, and maintenance costs are hampering the growth of the market.

Security solutions consist of a security system that prevents unauthorized intrusion and access into personal, government, and defense premises, among others, and if such attempts are made, then the security system reports these attempts. Security solutions are mainly designed to protect the broad range of threats such as espionage, accidents, fire, subversion, crime, and attack. Security solutions protect physical infrastructure as well as software data of organizations from theft or damage. These security solutions are responsible for the assurance of the software or hardware within the company is being well protected. The need for the implementation of a data security threat is prevalent due to the rise in the frequency and complexity of data security threats.

Based on the end user, the commercial segment is going to have lucrative growth during the forecast period due to the increasing incidences of robbery and theft. To protect commercial assets, property owners are buying security systems, and also, since robbery and information security are major concerns nowadays, with the intention of increasing security, protecting people and assets, and solving security issues the corporate are investing millions of dollars in security technology.

By geography, North America is going to have high growth during the forecast period as most of the residential and commercial buildings in this region are equipped with fire protection systems, due to firm fire and safety protection norms. North America is one of the early adopters of security technologies such as access control, video surveillance, and fire protection system, among others and strong growth in banking and financial services provides plentiful growth opportunities for the security solutions market in this region.

Security Solutions

Some of the key players profiled in the Security Solutions Market Research include Honeywell International Inc., Johnson Controls,  Robert Bosch, Dahua Technology Co., Ltd, Axis Communications AB, Nortek Security & Control, United Technologies, Siemens, Hochiki Corporation, Hormakaba Holding AG, Allegion plc,  Hikvision Digital Technology, and Tyco International.

Applications Covered:
• Remote Monitoring
• Video Monitoring
• Security System Integration

Products Covered:
• Video Surveillance Systems
• Fire Protection Systems
• Access Control Systems
• Wireless Systems

Services Covered:
• Fire Protection Services
• Video Surveillance Services
• Access Control Service
• Remote Monitoring Services

End Users Covered:
• Residential
• Healthcare
• Sports and Leisure
• Retail
• Military & Defense
• Banking & Finance
• Energy and Utility
• Transportation
• Industrial
• Commercial
• Government
• Education

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

1 Executive Summary        
         
2 Preface       
 
 2.1 Abstract       
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology       
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions      
         
3 Market Trend Analysis        
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats       
 3.6 Application Analysis       
 3.7 Product Analysis       
 3.8 End User Analysis       
 3.9 Emerging Markets       
 3.10 Impact of Covid-19       
         
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry       
         
5 Global Security Solutions Market, By Application        
 5.1 Introduction       
 5.2 Remote Monitoring       
 5.3 Video Monitoring       
 5.4 Security System Integration       
         
6 Global Security Solutions Market, By Product        
 6.1 Introduction       
 6.2 Video Surveillance Systems        
  6.2.1 Software      
   6.2.1.1 Video Management Software     
   6.2.1.2 Video Analytics     
  6.2.2 Hardware      
   6.2.2.1 Storage Devices     
   6.2.2.2 Cameras     
   6.2.2.3 Monitors     
   6.2.2.4 Other Accessories     
 6.3 Fire Protection Systems       
  6.3.1 Fire Detection Systems      
   6.3.1.1 Heat Detectors     
   6.3.1.2 Smoke Detectors     
   6.3.1.3 Flame Detectors     
  6.3.2 Fire Sprinkler Systems      
  6.3.3 Fire Suppression Systems      
  6.3.4 Fire Analysis Systems      
   6.3.4.1 Fire Modeling and Simulation Software     
   6.3.4.2 Fire Mapping and Analysis Software     
  6.3.6 Fire Response Systems      
 6.4 Access Control Systems       
  6.4.1 Hardware       
   6.4.1.1 Electronic Locks     
    6.4.1.1.1 Electric Strike Locks    
    6.4.1.1.2 Smart Locks    
    6.4.1.1.3 Electromagnetic Locks    
   6.4.1.2 Card Based Readers     
    6.4.1.2.1 Smart Card Readers    
    6.4.1.2.2 Magnetic Stripe Readers    
    6.4.1.2.3 Proximity Card Readers    
   6.4.1.3 Controllers     
   6.4.1.4 Biometric Readers     
    6.4.1.4.1 Voice Recognition    
    6.4.1.4.2 Facial Recognition    
    6.4.1.4.3 Palm Recognition    
    6.4.1.4.4 Fingerprint Recognition    
    6.4.1.4.6 Iris Recognition    
   6.4.1.5 Multitechnology Readers     
   6.4.1.6 Other Hardwares     
    6.4.1.6.1 Door Sets    
    6.4.1.6.2 RFID Tags    
    6.4.1.6.3 Keypads    
    6.4.1.6.4 Servers    
  6.4.2 Software      
   6.4.2.1 Intruder Alarms     
   6.4.2.2 Thermal Cameras     
   6.4.2.3 Entrance Control Systems     
 6.5 Wireless Systems       
         
7 Global Security Solutions Market, By Services        
 7.1 Introduction       
 7.2 Fire Protection Services       
  7.2.1 Maintenance Services      
  7.2.2 Tenancy and Refurbishment Upgrade Services      
  7.2.3 Installation and Design Services      
  7.2.4 Engineering Services      
  7.2.5 Managed Services      
 7.3 Video Surveillance Services       
  7.3.1 Installation and Maintenance      
  7.3.2 Video Surveillance as a Service (VSaaS)      
 7.4 Access Control Service       
  7.4.1 Access Control as a Service (ACaaS)      
  7.4.2 Installation and Integration      
  7.4.3 Support and Maintenance      
 7.5 Remote Monitoring Services       
         
8 Global Security Solutions Market, By End User        
 8.1 Introduction       
 8.2 Residential       
 8.3 Healthcare       
 8.4 Sports and Leisure       
 8.5 Retail       
 8.6 Military & Defense       
 8.7 Banking & Finance       
 8.8 Energy and Utility       
 8.9 Transportation       
 8.10 Industrial       
 8.11 Commercial       
 8.12 Government       
 8.13 Education       
         
9 Global Security Solutions Market, By Geography        
 9.1 Introduction       
 9.2 North America       
  9.2.1 US      
  9.2.2 Canada      
  9.2.3 Mexico      
 9.3 Europe       
  9.3.1 Germany      
  9.3.2 UK      
  9.3.3 Italy      
  9.3.4 France      
  9.3.5 Spain      
  9.3.6 Rest of Europe      
 9.4 Asia Pacific       
  9.4.1 Japan      
  9.4.2 China      
  9.4.3 India      
  9.4.4 Australia      
  9.4.5 New Zealand      
  9.4.6 South Korea      
  9.4.7 Rest of Asia Pacific       
 9.5 South America       
  9.5.1 Argentina      
  9.5.2 Brazil      
  9.5.3 Chile      
  9.5.4 Rest of South America      
 9.6 Middle East & Africa       
  9.6.1 Saudi Arabia      
  9.6.2 UAE      
  9.6.3 Qatar      
  9.6.4 South Africa      
  9.6.5 Rest of Middle East & Africa      
         
10 Key Developments        
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 10.2 Acquisitions & Mergers       
 10.3 New Product Launch       
 10.4 Expansions       
 10.5 Other Key Strategies       
         
11 Company Profiling        
 11.1 Honeywell International Inc.               
 11.2 Johnson Controls               
 11.3 Robert Bosch               
 11.4 Dahua Technology Co., Ltd                
 11.5 Axis Communications AB               
 11.6 Nortek Security & Control               
 11.7 United Technologies               
 11.8 Siemens               
 11.9 Hochiki Corporation               
 11.10 Hormakaba Holding AG               
 11.11 Allegion plc               
 11.12 Hikvision Digital Technology               
 11.13 Tyco International        


List of Tables         
1 Global Security Solutions Market Outlook, By Region (2019-2028) (US $MN)         
2 Global Security Solutions Market Outlook, By Application (2019-2028) (US $MN)        
3 Global Security Solutions Market Outlook, By Remote Monitoring (2019-2028) (US $MN)        
4 Global Security Solutions Market Outlook, By Video Monitoring (2019-2028) (US $MN)         
5 Global Security Solutions Market Outlook, By Security System Integration (2019-2028) (US $MN)        
6 Global Security Solutions Market Outlook, By Product (2019-2028) (US $MN)        
7 Global Security Solutions Market Outlook, By Video Surveillance Systems (2019-2028) (US $MN)        
8 Global Security Solutions Market Outlook, By Software (2019-2028) (US $MN)        
9 Global Security Solutions Market Outlook, By Hardware (2019-2028) (US $MN)        
10 Global Security Solutions Market Outlook, By Fire Protection Systems (2019-2028) (US $MN)        
11 Global Security Solutions Market Outlook, By Fire Detection Systems (2019-2028) (US $MN)        
12 Global Security Solutions Market Outlook, By Fire Sprinkler Systems (2019-2028) (US $MN)        
13 Global Security Solutions Market Outlook, By Fire Suppression Systems (2019-2028) (US $MN)        
14 Global Security Solutions Market Outlook, By Fire Analysis Systems (2019-2028) (US $MN)        
15 Global Security Solutions Market Outlook, By Fire Response Systems (2019-2028) (US $MN)        
16 Global Security Solutions Market Outlook, By Access Control Systems (2019-2028) (US $MN)        
17 Global Security Solutions Market Outlook, By Hardware (2019-2028) (US $MN)        
18 Global Security Solutions Market Outlook, By Software (2019-2028) (US $MN)        
19 Global Security Solutions Market Outlook, By Wireless Systems (2019-2028) (US $MN)        
20 Global Security Solutions Market Outlook, By Service (2019-2028) (US $MN)        
21 Global Security Solutions Market Outlook, By Fire Protection Services (2019-2028) (US $MN)        
22 Global Security Solutions Market Outlook, By Maintenance Services (2019-2028) (US $MN)        
23 Global Security Solutions Market Outlook, By Tenancy and Refurbishment Upgrade Services (2019-2028) (US $MN)        
24 Global Security Solutions Market Outlook, By Installation and Design Services (2019-2028) (US $MN)        
25 Global Security Solutions Market Outlook, By Engineering Services (2019-2028) (US $MN)        
26 Global Security Solutions Market Outlook, By Managed Services (2019-2028) (US $MN)        
27 Global Security Solutions Market Outlook, By Video Surveillance Services (2019-2028) (US $MN)        
28 Global Security Solutions Market Outlook, By Installation and Maintenance (2019-2028) (US $MN)        
29 Global Security Solutions Market Outlook, By Video Surveillance as a Service (VSaaS) (2019-2028) (US $MN)        
30 Global Security Solutions Market Outlook, By Access Control Service (2019-2028) (US $MN)        
31 Global Security Solutions Market Outlook, By Access Control as a Service (ACaaS) (2019-2028) (US $MN)        
32 Global Security Solutions Market Outlook, By Installation and Integration (2019-2028) (US $MN)         
33 Global Security Solutions Market Outlook, By Support and Maintenance (2019-2028) (US $MN)        
34 Global Security Solutions Market Outlook, By Remote Monitoring Services (2019-2028) (US $MN)        
35 Global Security Solutions Market Outlook, By End User (2019-2028) (US $MN)        
36 Global Security Solutions Market Outlook, By Residential (2019-2028) (US $MN)        
37 Global Security Solutions Market Outlook, By Healthcare (2019-2028) (US $MN)        
38 Global Security Solutions Market Outlook, By Sports and Leisure (2019-2028) (US $MN)        
39 Global Security Solutions Market Outlook, By Retail (2019-2028) (US $MN)        
40 Global Security Solutions Market Outlook, By Military & Defense (2019-2028) (US $MN)        
41 Global Security Solutions Market Outlook, By Banking & Finance (2019-2028) (US $MN)        
42 Global Security Solutions Market Outlook, By Energy and Utility (2019-2028) (US $MN)        
43 Global Security Solutions Market Outlook, By Transportation (2019-2028) (US $MN)        
44 Global Security Solutions Market Outlook, By Industrial (2019-2028) (US $MN)        
45 Global Security Solutions Market Outlook, By Commercial (2019-2028) (US $MN)        
46 Global Security Solutions Market Outlook, By Government (2019-2028) (US $MN)        
47 Global Security Solutions Market Outlook, By Education (2019-2028) (US $MN)  
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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