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Electronic Security Market: Global Industry Trends, Share, Size, Growth, Opportunity And Forecast 2021-2026

Published on: Aug 2021 | From USD $2299 | Published By: IMARCGROUP | Number Of Pages: 142

The global electronic security market reached a value of US$ 36.43 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 8.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. 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:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electronics security market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, 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:

How has the global electronic security market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global electronic security market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the end-use sector?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global electronic security market and who are the key players?
What is the degree of competition in the industry?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting 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
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
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

Figure 1: Global: Electronic Security Market: Major Drivers and Challenges
Figure 2: Global: Electronic Security Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Electronic Security Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Electronic Security Market: Breakup by Service Type (in %), 2020
Figure 5: Global: Electronic Security Market: Breakup by End-Use Sector (in %), 2020
Figure 6: Global: Electronic Security Market: Breakup by Region (in %), 2020
Figure 7: Global: Electronic Security Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Electronic Security (Surveillance System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Electronic Security (Surveillance System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Electronic Security (Access Control System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Electronic Security (Access Control System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Electronic Security (Intrusion Detection System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Electronic Security (Intrusion Detection System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Electronic Security (Alarming System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Electronic Security (Alarming System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Electronic Security (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Electronic Security (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Electronic Security (Installation Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Electronic Security (Installation Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Electronic Security (Managed Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Electronic Security (Managed Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Electronic Security (Consulting Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Electronic Security (Consulting Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Electronic Security (Government) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Electronic Security (Government) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Electronic Security (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Electronic Security (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Electronic Security (Transportation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Electronic Security (Transportation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Electronic Security (Banking) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Electronic Security (Banking) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Electronic Security (Hospitality) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Electronic Security (Hospitality) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Electronic Security (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Electronic Security (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Electronic Security (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Electronic Security (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Electronic Security (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Electronic Security (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: North America: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: North America: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: United States: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: United States: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Canada: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Canada: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Asia Pacific: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Asia Pacific: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: China: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: China: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Japan: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Japan: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: India: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: India: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: South Korea: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: South Korea: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Australia: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Australia: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Indonesia: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Indonesia: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Europe: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Europe: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Germany: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Germany: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: France: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: France: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: United Kingdom: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: United Kingdom: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Italy: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Italy: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Spain: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Spain: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Russia: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Russia: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Latin America: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Latin America: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Brazil: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Brazil: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Mexico: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Mexico: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Others: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Others: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Middle East and Africa: Electronic Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Middle East and Africa: Electronic Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Global: Electronic Security Industry: SWOT Analysis
Figure 89: Global: Electronic Security Industry: Value Chain Analysis
Figure 90: Global: Electronic Security Industry: Porter’s Five Forces Analysis

Table 1: Global: Electronic Security Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Electronic Security Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Electronic Security Market Forecast: Breakup by Service Type (in Million US$), 2021-2026
Table 4: Global: Electronic Security Market Forecast: Breakup by End-Use Sector (in Million US$), 2021-2026
Table 5: Global: Electronic Security Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Electronic Security Market Structure
Table 7: Global: Electronic Security Market: Key Players

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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