+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Global Security Solutions Market (2023-2028) by Offering, Vertical, Geography, Competitive Analysis, and Impact of Covid-19 with Ansoff Analysis

  • PDF Icon

    Report

  • 183 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5601616
The Global Security Solutions Market is estimated to be USD 318.04 Bn in 2023 and is expected to reach USD 470.56 Bn by 2028 growing at a CAGR of 8.15%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Security Solutions Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Security Solutions Market is segmented based on Offering, Vertical, and Geography.
  • By Offering, the market is classified into Fire Protection Systems, Video Surveillance Systems, Access Control Systems, Entrance Control Systems, Intruder Alarms, Thermal Cameras, and Services.
  • By Vertical, the market is classified into Banking & Finance, Commercial, Energy and Utility, Government, Healthcare, Industrial, Military & Defense, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are A-1 Security, Johnson Controls, Ring, Robert Bosch, Safran, Smiths Detection, Thales, Vivint Smart Home, Zhejiang Dahua Technology, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Security Solutions Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Security Solutions Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Security Solutions Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Security Solutions Market

What is the estimated value of the Global Security Solutions Market?

The Global Security Solutions Market was estimated to be valued at $318.04 Billion in 2023.

What is the growth rate of the Global Security Solutions Market?

The growth rate of the Global Security Solutions Market is 8.1%, with an estimated value of $470.56 Billion by 2028.

What is the forecasted size of the Global Security Solutions Market?

The Global Security Solutions Market is estimated to be worth $470.56 Billion by 2028.

Who are the key companies in the Global Security Solutions Market?

Key companies in the Global Security Solutions Market include A, 1 Security Alarms, ADT, Axis Communications, Cobalt Robotics, Cognitec Systems, Godrej Infotech, Hangzhou Hikvision Digital Technology, Honeywell International and Johnson Controls.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Crime Rates and Terrorist Activities
4.1.2 Increasing Consumer Awareness and Security Concerns and Willingness to Pay for Security Systems
4.1.3 Surging Demand for Deployment of Wireless Technology in Security Systems
4.1.4 Ongoing Development in Wireless Fire Detection Systems
4.2 Restraints
4.2.1 High Installation, Operational, and Maintenance Costs
4.2.2 Security Problems with Unauthorized Access and Breaching Data
4.3 Opportunities
4.3.1 Development of smart city initiatives worldwide
4.3.2 Adoption of Access Control as a Service
4.3.3 Implementation of Mobile-Based Access Control
4.3.4 Inclination toward Video Surveillance as a Service
4.3.5 Technological Advancements in Big Data, Video Analytics, and Cloud-Bas
4.4 Challenges
4.4.1 Complexity of Security Systems
4.4.2 Need for High Storage Capacity for Continual Surveillance
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Security Solutions Market, By Offering
6.1 Introduction
6.2 Fire Protection Systems
6.2.1 Fire Detection Systems
6.2.2 Fire Suppression Systems
6.2.3 Fire Sprinkler Systems
6.2.4 Fire Analysis Systems
6.2.5 Fire Response Systems
6.3 Video Surveillance Systems
6.4 Access Control Systems
6.5 Entrance Control Systems
6.6 Intruder Alarms
6.7 Thermal Cameras
6.8 Services
6.8.1 Security Systems Integration
6.8.2 Remote Monitoring Services
6.8.3 Fire Protection Services
6.8.4 Access Control Services
7 Global Security Solutions Market, By Vertical
7.1 Introduction
7.2 Banking & Finance
7.3 Commercial
7.4 Energy and Utility
7.5 Government
7.6 Healthcare
7.7 Industrial
7.8 Military & Defense
7.9 Others (Education, Sports and Leisure, Transportation,Residential,Retail)
8 Americas’ Security Solutions Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe’s Security Solutions Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa’s Security Solutions Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC's Security Solutions Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 A-1 Security Alarms
13.2 ADT
13.3 Axis Communications
13.4 Cobalt Robotics
13.5 Cognitec Systems
13.6 Godrej Infotech
13.7 Hangzhou Hikvision Digital Technology
13.8 Honeywell International
13.9 Johnson Controls
13.10 Magal Security Systems
13.11 Mobotix
13.12 OSI Systems
13.13 Ring
13.14 Robert Bosch
13.15 Safran
13.16 Smiths Detection
13.17 Stanley Black & Decker
13.18 Thales
13.19 United Technologies
13.20 Verkada
13.21 Vicon Industries
13.22 Vivint Smart Home
13.23 Westminster
13.24 Zhejiang Dahua Technology
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • A-1 Security Alarms
  • ADT
  • Axis Communications
  • Cobalt Robotics
  • Cognitec Systems
  • Godrej Infotech
  • Hangzhou Hikvision Digital Technology
  • Honeywell International
  • Johnson Controls
  • Magal Security Systems
  • Mobotix
  • OSI Systems
  • Ring
  • Robert Bosch
  • Safran
  • Smiths Detection
  • Stanley Black & Decker
  • Thales
  • United Technologies
  • Verkada
  • Vicon Industries
  • Vivint Smart Home
  • Westminster
  • Zhejiang Dahua Technology