Global Electronic Security Systems (ESS) Market Growth (Status and Outlook) 2023-2029

Global Electronic Security Systems (ESS) Market Growth (Status and Outlook) 2023-2029

Electronic security system refers to any electronic equipment that could perform security operations like surveillance, access control, alarming or an intrusion control to a facility or an area which uses a power from mains and also a power backup like battery etc.

LPI (LP Information)' newest research report, the “Electronic Security Systems (ESS) Industry Forecast” looks at past sales and reviews total world Electronic Security Systems (ESS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Security Systems (ESS) sales for 2023 through 2029. With Electronic Security Systems (ESS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Security Systems (ESS) industry.

This Insight Report provides a comprehensive analysis of the global Electronic Security Systems (ESS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Security Systems (ESS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Security Systems (ESS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Security Systems (ESS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Security Systems (ESS).

The global Electronic Security Systems (ESS) market size is projected to grow from US$ 18240 million in 2022 to US$ 56880 million in 2029; it is expected to grow at a CAGR of 17.6% from 2023 to 2029.

We tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Security Systems (ESS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Facial Recognition
HD Pictures
Biometric
Others

Segmentation by application
Household
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ADT LLC (USA)
Allegion plc (Ireland)
ASSA ABLOY AB (Sweden)
HID Global (USA)
Axis Communications AB (Sweden)
BIO-key,International,Inc. (USA)
Bosch Security Systems (Germany)
Changzhou Minking Electronics (China)
CP PLUS GmbH & Co. KG (Germany)
Dahua Technology Co.,Ltd. (China)
Diebold Nixdorf
DoorKing Inc. (USA)
Dormakaba Holding AG (Switzerland)
Fermax Electronica S.A.U. (Spain)
Gemalto N.V. (Netherlands)
M Cogent (USA)
Genetec,Inc. (Canada)
Global Security Solutions (Canada)
Gunnebo AB (Sweden)

Please note: The report will take approximately 2 business days to prepare and deliver.