Electronic Security Market Size is USD 194.94 Million in 2025

The global electronic security market was valued at USD 181 million in 2024 and is projected to reach USD 380.05 million by 2034, growing at a CAGR of 7.7%. This growth is driven by increasing security concerns, rising adoption of surveillance technologies, and the need for advanced protection systems across various sectors.

Electronic Security Market Highlights

• North America dominated the global market in 2024. 
• Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period. 
• By type, the video surveillance segment held a dominant presence in the market in 2024. 
• By type, the perimeter security segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034. 
• By application, the system integration and convergent innovation segment accounted for a considerable share of the market in 2024. 
• By application, the security as a service (SaaS) segment is projected to experience the highest growth rate in the market between 2025 and 2034.

Electronic Security Market Statical Scope

The electronic security sales market is growing due to a rising concerns over theft, vandalism, and cyber-physical threats push businesses and households to invest in advanced security systems. Key drivers include urbanization, the growth of smart cities, and the integration of IoT and AI into surveillance, access control, and alarm systems, which enhance efficiency and reliability. Despite this, the market for electronic security sales faces obstacles, including prohibitive installation and maintenance costs, privacy concerns among consumers related to constant surveillance, and the restraint of integrating new systems with older infrastructure. However, many opportunities are present in the space due to the development of cloud-based security platforms, the increasing need for remote monitoring, and the growing demand for scalable solutions tailored to SMEs and residential users, making electronic security a long-term growth market.

Electronic Security Market Companies

• DT LLC (USA)
• Allegion (Ireland)
• ASSA ABLOY (Sweden)
• HID Global (USA)
• Axis Communications (Sweden)
• BIO-key (USA)
• Bosch Security Systems (Germany)
• Changzhou Minking Electronics (China)
• CP PLUS (Germany)
• Dahua Technology （China)
• Diebold Nixdorf (USA)
• DoorKing (USA)
• dormakaba Holding (Switzerland)
• Fermax Electronica (Spain)
• Gemalto (Netherlands)
• 3M Cogent (USA)
• Genetec (Canada)
• Global Security Solutions (Canada)
• Gunnebo (Sweden)
• Hanwha Techwin (South Korea)
• Hangzhou Hikvision Digital Technology (China)
• Hanyang Hitao (South Korea)
• Honeywell International(USA)
• IDenticard Systems (USA)
• Identiv (USA)
• ISONAS (USA)

Electronic Security Market Segmentation

By Type

• Perimeter Security
• Video Surveillance

By Application

• Security as a Service (SaaS)
• Do-it-yourself (DIY) Security
• Multiple-System Operators (MSO)
• System Integration and Convergent Innovation: Order of the Day
• Security Analytics Market: Highly Competitive
• Product Launches
• Strategic Corporate Developments
• Select Key Players
• Body-worn Cameras (BWCs)

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa