Reports
United States Security Market: By System: Access Control System, Alarms and Notification System, Intrusion Detection System, Video Surveillance System, Barrier System, Others; By Service; By Applications; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
United States Security Market Outlook
The United States security market stood at a value of around USD 4.8 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 11.20% to reach USD 8.8 billion by 2027.
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Increased Demand for Video Surveillance Systems to Aid the United States Security Industry
Video surveillance systems can be wire-free, which is a major advantage of this segment. As a result, these systems are likely to take over the traditional security systems in the forecast period. In addition to this, video surveillance offers interactive monitoring, instant alerts, evidence for authorities, improved accessibility, and enhanced productivity. Moreover, video surveillance is fast and is more cost-effective than its counterparts. Hence, this segment is anticipated to attain a significant growth in the forecast period.
Meanwhile, the access control system segment is likely to be one of the fastest growing segments in the forecast period owing to the easy manageability of these systems. For instance, card access systems are gaining significant traction in intelligent buildings due to their quickness and convenience. Furthermore, through access control systems, one can set specific date and time of access, which bolsters safety and increases the efficiency of the security management system.
Security: Market Segmentation
Security refers to the protection of an individual, organisation, or an entire nation from potential threats. An efficient security system amalgamates all the measures aimed towards bolstering safety and security, preventing the risk of foreign or internal attacks. Security and surveillance is important in various sectors including government, transport, defence, aerospace, and enterprises, among others.
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Based on system, the market can be segmented into:
- Access Control System
- Alarms and Notification System
- Intrusion Detection System
- Video Surveillance System
- Barrier System
- Others
The market can be broadly categorised on the basis of service into:
- System Integration and Consulting
- Risk Assessment and Analysis
- Managed Security Services
- Maintenance and Support
The significant applications considered in the market report include:
- Government
- Military and Defence
- Transportation
- Commercial
- Industrial
- Others
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Growing Demand for Advanced Security Systems due to Rising Security Concerns to Boost the Growth of the United States Security Industry
The increasing criminal activities, favourable government regulations to curb illegal activities, growing adoption of security systems in government, military, police, and various other sectors, and rapid urbanisation are some of the major driving factors in the market growth. In addition to this, the increasing cases of theft and vandalism in public places, including airports, railway stations, ports, malls, convenience stores, hotels, and others are anticipated to propel the demand for advanced security systems in the forecast period. Furthermore, a strong foothold of major security system providers in the country, offering expertise on system integration, risk assessment and analysis, and maintenance and support to various organisations is likely to be an aiding factor in the market growth over the forecast period.
Key Industry Players in the United States Security Market
The report gives a detailed analysis of the following key players in the United States security market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ameristar Perimeter Security
- Barrier1 Systems, LLC.
- Delta Scientific Corporation
- EL-Go Team
- Teledyne FLIR LLC
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- System, Service, Applications |
| Breakup by System | Access Control System, Alarms and Notification System, Intrusion Detection System, Video Surveillance System, Barrier System, Others |
| Breakup by Service | System Integration and Consulting, Risk Assessment and Analysis, Managed Security Services, Maintenance and Support |
| Breakup by Applications | Government, Military and Defence, Transportation, Commercial, Industrial, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ameristar Perimeter Security, Barrier1 Systems, LLC., Delta Scientific Corporation, EL-Go Team, Teledyne FLIR LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Security Market Analysis
8.1 Key Industry Highlights
8.2 United States Security Historical Market (2018-2022)
8.3 United States Security Market Forecast (2023-2028)
8.4 United States Security Market by System
8.4.1 Access Control System
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Alarms and Notification System
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Intrusion Detection System
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Video Surveillance System
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Barrier System
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Others
8.5 United States Security Market by Service
8.5.1 System Integration and Consulting
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Risk Assessment and Analysis
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Managed Security Services
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Maintenance and Support
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.6 United States Security Market by Applications
8.6.1 Government
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Military and Defence
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Transportation
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Commercial
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Industrial
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Ameristar Perimeter Security
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Barrier1 Systems, LLC.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Delta Scientific Corporation
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 EL-Go Team
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Teledyne FLIR LLC
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Security Market: Key Industry Highlights, 2018 and 2028
2. United States Security Historical Market: Breakup by System (USD Billion), 2018-2022
3. United States Security Market Forecast: Breakup by System (USD Billion), 2023-2028
4. United States Security Historical Market: Breakup by Service (USD Billion), 2018-2022
5. United States Security Market Forecast: Breakup by Service (USD Billion), 2023-2028
6. United States Security Historical Market: Breakup by Application (USD Billion), 2018-2022
7. United States Security Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. United States Security Market Structure
Key Questions Answered in the Report
In 2021, the United States security market attained a value of nearly USD 4.8 billion.
The market is estimated to grow at a CAGR of 11.20% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 8.8 billion by 2027.
The major drivers of the market include the growing adoption of security systems across various government and private organisations owing to the rising cases of illegal activities, theft, and vandalism, expansion of major security providers, and rapid urbanisation.
The growing technological advancements are expected to be a key trend guiding the growth of the industry.
Access control system, alarms and notification system, intrusion detection system, video surveillance system, and barrier system, among others are the different systems included in the market report.
System integration and consulting, risk assessment and analysis, managed security services, and maintenance and support are the major services based on which the market has been segmented.
Government, military and defence, transportation, commercial, and industrial, among others are the different applications.
The major players in the industry are Ameristar Perimeter Security, Barrier1 Systems, LLC., Delta Scientific Corporation, EL-Go Team, and Teledyne FLIR LLC, among others.
Analyst Review
The United States security market attained a value of USD 4.8 billion in 2021, driven by the rising cases of terrorism, theft, identity frauds, and cyber-crimes in the country. Aided by the growing adoption of security as a service, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 11.20%. The market is projected to reach USD 8.8 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on system, the market is divided into access control system, alarms and notification system, intrusion detection system, video surveillance system, and barrier system, among others. On the basis of service, the market is divided into system integration and consulting, risk assessment and analysis, managed security services, and maintenance and support. The significant applications of security include government, military and defence, transportation, commercial, and industrial, among others. The key players in the above market include Ameristar Perimeter Security, Barrier1 Systems, LLC., Delta Scientific Corporation, EL-Go Team, and Teledyne FLIR LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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