Global Commercial Security Market 2022-2026

Global Commercial Security Market 2022-2026

Technavio has been monitoring the commercial security market and it is poised to grow by $ 113.47 bn during 2022-2026, progressing at a CAGR of 8.64% during the forecast period. Our report on the commercial security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expanding adoption of IP cameras and increased adoption of surveillance cameras. In addition, the expanding adoption of IP cameras is anticipated to boost the growth of the market as well.

The commercial security market analysis includes the type segment and geographic landscape.

Technavio's commercial security market is segmented as below:

By Type

• Surveillance systems
• Access control system
• Intruder alarms
• Software

By Geographical Landscape

• North America
• APAC
• Europe
• MEA
• South America

This study identifies the increasing number of terrorist attacks and organized crimesas one of the prime reasons driving the commercial security market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on commercial security market covers the following areas:

• Commercial security market sizing
• Commercial security market forecast
• Commercial security market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial security market vendors that include ADT Inc., Axis Communications AB, Carrier Global Corp., Dallmeier electronic GmbH and Co.KG, dormakaba International Holding AG, Hangzhou Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Johnson Controls International Plc, Robert Bosch GmbH, and Zhejiang Dahua Technology Co. Ltd. Also, the commercial security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ADT Inc., Axis Communications AB, Carrier Global Corp., Dallmeier electronic GmbH and Co.KG, dormakaba International Holding AG, Hangzhou Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Johnson Controls International Plc, Robert Bosch GmbH, Zhejiang Dahua Technology Co. Ltd.