Global Smart Security Market 2020-2024

Global Smart Security Market 2020-2024

Technavio has been monitoring the smart security market and it is poised to grow by $ 20.59 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period. Our reports on smart 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 growing number of smart cities worldwide and increasing applications of smart security in residential and commercial sectors. In addition, growing number of smart cities worldwide is anticipated to boost the growth of the market as well.

The smart security market analysis includes product segment and geographical landscapes

Technavio's smart security market is segmented as below:

By Product

  • Surveillance systems
  • Intruder alarms
  • Access control systems
By Geographical Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies rising need to mitigate criminal activities and the risk of terrorist attacks as one of the prime reasons driving the smart 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 smart security market covers the following areas:
  • Smart security market sizing
  • Smart security market forecast
  • Smart 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 smart security market vendors that include Anixter International Inc., Axis Communications AB, AxxonSoft Inc., Cisco Systems Inc., FLIR Systems Inc., Genetec Inc., Honeywell International Inc., Johnson Controls International Plc, NICE Ltd., and Robert Bosch GmbH. Also, the smart security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: IT Consulting and Other Services Market
      • Inputs
      • Pitching and profiling
      • Resourcing and communicating
      • Delivery and support
      • Connecting and innovating
      • Marketing and sales
      • Service
      • Support activities
      • Innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Surveillance systems - Market size and forecast 2019-2024
      • Table Surveillance systems - Market size and forecast 2019-2024 ($ million)
      • Table Surveillance systems based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Surveillance systems - Year-over-year growth 2019-2024 (%)
    • Intruder alarms - Market size and forecast 2019-2024
      • Table Intruder alarms - Market size and forecast 2019-2024 ($ million)
      • Table Intruder alarms based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Intruder alarms - Year-over-year growth 2019-2024 (%)
    • Access control systems - Market size and forecast 2019-2024
      • Table Access control systems - Market size and forecast 2019-2024 ($ million)
      • Table Access control systems based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Access control systems - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Commercial - Market size and forecast 2019-2024
      • Table Commercial - Market size and forecast 2019-2024 ($ million)
      • Table Commercial end-users based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Commercial - Year-over-year growth 2019-2024 (%)
    • Residential - Market size and forecast 2019-2024
      • Table Residential - Market size and forecast 2019-2024 ($ million)
      • Table Residential end-users based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Residential - Year-over-year growth 2019-2024 (%)
    • Utility infrastructure - Market size and forecast 2019-2024
      • Table Utility infrastructure - Market size and forecast 2019-2024 ($ million)
      • Table Utility infrastructure based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Utility infrastructure - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others end-users based smart security market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Smart security market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Smart security market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Smart security market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Smart security market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Smart security market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers - Demand led growth
      • Growing number of smart cities worldwide
      • Rising need to mitigate criminal activities and the risk of terrorist attacks
      • Increasing applications of smart security in residential and commercial sectors
    • Market challenges
      • Complex infrastructural requirements
      • System integration and interoperability issues
      • Lack of awareness among end-users
        • Table Impact of drivers and challenges
    • Market trends
      • Emergence of IoT in video surveillance
      • Emergence of video analytics and intelligent video surveillance
      • Predictive crime monitoring
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive landscape
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Anixter International Inc.
      • Table Anixter International Inc. - Overview
      • Table Anixter International Inc. - Business segments
      • Table Anixter International Inc. - Key offerings
      • Table Anixter International Inc. - Segment focus
    • Axis Communications AB
      • Table Axis Communications AB - Overview
      • Table Axis Communications AB - Product and service
      • Table Axis Communications AB - Key news
      • Table Axis Communications AB - Key offerings
    • AxxonSoft Inc.
      • Table AxxonSoft Inc. - Overview
      • Table AxxonSoft Inc. - Product and service
      • Table AxxonSoft Inc. - Key news
      • Table AxxonSoft Inc. - Key offerings
    • Cisco Systems Inc.
      • Table Cisco Systems Inc. - Overview
      • Table Cisco Systems Inc. - Business segments
      • Table Cisco Systems Inc. - Key news
      • Table Cisco Systems Inc. - Key offerings
      • Table Cisco Systems Inc. - Segment focus
    • FLIR Systems Inc.
      • Table FLIR Systems Inc. - Overview
      • Table FLIR Systems Inc. - Business segments
      • Table FLIR Systems Inc. - Key news
      • Table FLIR Systems Inc. - Key offerings
      • Table FLIR Systems Inc. - Segment focus
    • Genetec Inc.
      • Table Genetec Inc. - Overview
      • Table Genetec Inc. - Product and service
      • Table Genetec Inc. - Key news
      • Table Genetec Inc. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Johnson Controls International Plc
      • Table Johnson Controls International Plc - Overview
      • Table Johnson Controls International Plc - Business segments
      • Table Johnson Controls International Plc - Key news
      • Table Johnson Controls International Plc - Key offerings
      • Table Johnson Controls International Plc - Segment focus
    • NICE Ltd.
      • Table NICE Ltd. - Overview
      • Table NICE Ltd. - Business segments
      • Table NICE Ltd. - Key news
      • Table NICE Ltd. - Key offerings
      • Table NICE Ltd. - Segment focus
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key news
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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