Commercial Security System Market Size, Share, Growth, Research & Development 2026

1
MarketsandMarkets Presents
The Commercial Security System Market Size is
projected to grow USD 223.9 billion in 2021 to
USD 342.6 billion by 2026 it is estimated to
grow at a CAGR of 8.9 during the forecast
period. Rising number of terrorist attacks and
organized crimes across the world, growing
construction industry, expanding adoption of IP
cameras, accelerating implementation of stringent
fire protection-related regulations, and rising
adoption of IoT-based security systems powered by
cloud computing platforms are the major factor
propelling the growth of the Commercial Security
System Market.
2
MarketsandMarkets Presents
Video Surveillance Hardware is the largest
hardware market for Commercial Security System
Market during the forecast period The growth in
safety and security concerns, the rise in crime
rates, and the increase in the number of terror
attacks are major factors driving the growth of
the market for cameras used for video
surveillance. The continuous decrease in the
prices of cameras has resulted in the increased
adoption of surveillance cameras across the
world, which, in turn, has created significant
demand for storage solutions and monitors. Get
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3
MarketsandMarkets Presents
Video Surveillance Services Market is expected
to be the fastest-growing Commercial Security
Service Segment during the forecast period The
highest CAGR of video surveillance services are
due to a rise in the adoption of Video
Surveillance-as-a-Service (VSaaS). The growth in
this market is driven by the increasing
importance of VSaaS in various application areas
due to benefits such as remote access and
management. As video feeds are stored in the
cloud, customers can access and manage them using
a desktop, laptop, or mobile device from any
location with an internet connection.
4
MarketsandMarkets Presents
North America to be the largest market for
Commercial Security System during the forecast
period North America is one of the early
adopters of security technologies such as access
control, video surveillance, and fire protection
systems. The region is at the forefront of
implementing access control systems to improve
safety measures and security. Countries such as
the US, Canada, and Mexico are increasing their
expertise in access control systems to drive
innovations in the technology and services of
these systems to gain a competitive advantage and
increase their shares in the access control
system market in the region.
5
MarketsandMarkets Presents
North America to be the largest market for
Commercial Security System during the forecast
period Due to the mandatory fire protection and
safety regulations in North America, most
building structures are fixed with fire
protection systems. Several fire protection
systems and equipment manufacturers in this
region offer different fire protection systems.
6
MarketsandMarkets Presents
Key Players Major companies involved in the
development and supply of Commercial Security
System are Johnson Controls (Ireland), Hikvision
(China), Carrier (US), Honeywell International
(US), and Dahua Technology (China). Browse For
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MarketsandMarkets Presents
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8
MarketsandMarkets Presents
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