Security Market Report 2026

The security market size has grown strongly in recent years. It will grow from $147.62 billion in 2025 to $160.45 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing urbanization and infrastructure development, rising concerns over theft and vandalism, expansion of commercial and industrial facilities, adoption of cctv surveillance systems, increased government spending on public safety.

The security market size is expected to see strong growth in the next few years. It will grow to $221.37 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing investments in smart city security infrastructure, rising demand for managed security services, expansion of cloud-based security platforms, growing integration of cybersecurity with physical security, increasing adoption of predictive threat analytics. Major trends in the forecast period include increasing deployment of ai-enabled surveillance systems, rising adoption of integrated physical and digital security platforms, growing use of biometric access control technologies, expansion of smart alarm and notification systems, enhanced focus on centralized security management.

The rising incidence of terrorism is expected to drive the growth of the security market going forward. Terrorism involves the use of violence or intimidation, particularly against civilians, to achieve political, ideological, or religious objectives. Its increase is fueled by political instability, extremist ideologies, and socioeconomic grievances that promote violence and unrest. Security solutions mitigate these threats by preventing attacks through surveillance, intelligence gathering, and protective infrastructure. For example, in January 2025, according to Euronews SA, a France-based television network, global conflicts intensified in 2024, with political violence increasing by 25% compared to 2023, affecting one in eight people and resulting in approximately 223,000 deaths, alongside a 37% rise in overall fatalities. Therefore, the growing threat of terrorism is bolstering demand in the security market.

Key players and leading companies in the security market are increasingly developing innovative solutions, such as AI-powered motion sensors, to improve real-time threat detection and response. AI-powered motion sensors leverage artificial intelligence to enhance motion detection accuracy, predict movements, and adapt to diverse environmental conditions for more precise monitoring. For instance, in June 2023, SimpliSafe, a US-based home security company, launched 24/7 Live Guard Protection, a feature that enables monitoring agents to visually and verbally engage with intruders through two-way audio. If an intruder fails to comply with safeword verification, agents can promptly notify law enforcement authorities, enhancing immediate response capabilities.

In April 2024, Pye-Barker Fire & Safety, a US-based provider of fire protection, life safety, and security services, acquired Alarm Specialists Inc. for an undisclosed amount. This acquisition allows Pye-Barker to leverage Alarm Specialists’ expertise to enhance services in the New York metro area, maintaining high-quality security solutions while expanding market presence. Alarm Specialists Inc. is a US-based company specializing in security and fire alarm systems.

Major companies operating in the security market report are Honeywell International Inc., Johnson Controls, Thales Group, ASSA ABLOY, Bosch Building Technologies, Axis Communications, Hanwha Vision, Teledyne FLIR, Motorola Solutions, Hikvision, Dahua Technology, Siemens Smart Infrastructure, Schneider Electric, NEC Corporation, Tyco Security Products, Avigilon, Genetec, Senstar Technologies, Gunnebo Group, Dormakaba Group.

North America was the largest region in the security market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The security market consists of revenues earned by entities by providing services such as encryption services, penetration testing, identity and access management, and security awareness training. The market value includes the value of related goods sold by the service provider or included within the service offering. The security market also includes sales of cameras, security gateways, and biometric scanners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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