Yahoo Finance Insights on the Electronic Security Global Market to 2027 - by Product Type, Service Type, End-use Sector and Region
Global Electronic Security Market
Dublin, May 19, 2022 (GLOBE NEWSWIRE) -- The "Electronic Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global electronic security market reached a value of US$ 53.5 billion in 2021. Looking forward, the market is projected to reach US$ 80 billion by 2027, exhibiting a CAGR of 6.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Electronic security refers to a system of integrated electronic circuits that are used to ensure the physical security of an enclosed space. It is designed to deny access to unauthorized individuals from physically entering a building or accessing stored information. It uses both power and mechanical components, such as access control, surveillance through close-circuit televisions (CCTVs), fire alarms and intrusion control systems. It provides users with elaborate surveillance that enables them to monitor entry points and minimize both property damages and inventory losses by taking timely action. Owing to this, it finds extensive applications across various sectors, including residential, government, transportation, banking, healthcare, hospitality and retail.
Electronic Security Market Trends
Rapid urbanization, along with the increasing automation across industries, is one of the key factors driving the growth of the market. Furthermore, rising instances of property thefts and break-ins are acting as another major factor contributing to the market growth. Both government and private organizations are employing electronic security solutions to monitor the occurrence of terrorist activities, such as contraband smuggling, shoot-outs and bombings in high risk and sensitive locations.
In line with this, the rising inclination of the authorities toward securing public transportation and infrastructures, such as power grids, water plants and oil and gas facilities, is also providing a boost to the market growth. Additionally, widespread adoption of electronic security systems in shopping malls, residential apartments and commercial buildings, is acting as another growth-inducing factor. Individuals are using these systems for access control, surveillance, fire detection, maintenance of attendance records and internet monitoring.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global electronic security market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product type, service type and End-use sector.
Breakup by Product Type:
Surveillance System
Access Control System
Intrusion Detection System
Alarming System
Others
Breakup by Service Type:
Installation Services
Managed Services
Consulting Services
Breakup by End-use Sector:
Government
Residential
Transportation
Banking
Hospitality
Healthcare
Retail
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being Axis Communications (Canon Inc.), ADT Security Services Inc. (Apollo Global Management Inc.), Bosch Security Systems Inc., FLIR Systems Inc., Hitachi Ltd., Honeywell International Inc., IBM Corporation, Tyco International (Johnson Controls), Lockheed Martin Corporation, OSI Systems, Siemens AG, Thales Group, etc.
Key Questions Answered in This Report
1. What is the size of the global electronic security market?
2. What is the expected growth rate of the global electronic security market?
3. What are the key factors driving the global electronic security market?
4. What has been the impact of COVID-19 on the global electronic security market?
5. What is the breakup of the global electronic security market based on the product type?
6. What is the breakup of the global electronic security market based on the service type?
7. What is the breakup of the global electronic security market based on the End-use sector?
8. What are the key regions in the global electronic security market?
9. Who are the key players/companies in the global electronic security market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electronic Security Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Surveillance System
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Access Control System
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Intrusion Detection System
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Alarming System
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Service Type
7.1 Installation Services
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Managed Services
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Consulting Services
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-Use Sector
8.1 Government
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Residential
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Transportation
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Banking
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Hospitality
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Healthcare
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Retail
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Axis Communications (Canon Inc.)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 ADT Security Services Inc. (Apollo Global Management Inc.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Bosch Security Systems Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 FLIR Systems Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Hitachi Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Honeywell International Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 IBM Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Tyco International (Johnson Controls)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Lockheed Martin Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 OSI Systems
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Siemens AG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Thales Group
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/rzqi1e
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