United States Security Market Report and Forecast 2024-2032

United States Security Market Size

The United States security market reached a value of approximately USD 5.94 billion in 2023. The market is projected to grow at a CAGR of 11.20% between 2024 and 2032, reaching a value of around USD 15.43 billion by 2032.

United States Security Market Outlook

• According to the AIA, the A&D industry employed 2.2 million workers in 2022, contributing significantly to the economy and national security.

• The U.S. BEA reported the total government contribution to the U.S. GDP has been estimated to be 11.63% in 2022.

• According to the AIA, the aerospace and defence industry contributed $418 billion to the U.S. economy in 2022.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

United States Security Market Growth Rate

Security involves safeguarding individuals, organisations, or entire nations from potential threats. An effective security system integrates measures to enhance safety and prevent foreign or internal attacks. Security and surveillance are crucial across various sectors, including government, transport, defence, aerospace, and enterprises.

According to the U.S. Bureau of Economic Analysis (BEA), Transportation and warehousing contributions to the U.S. gross domestic product have increased to $815 billion in 2022 from $688 billion in 2021.

Key Trends and Developments

Growing adoption of security systems, increasing public safety concerns, rapid urbanisation, and technological advancements are the major trends impacting the United States security market growth.

April 18, 2024

Cisco has unveiled HyperShield, a novel security solution leveraging AI to safeguard applications, devices, and data across various environments, including data centres, clouds, and physical locations.

April 4, 2024

Lumana has introduced a new video security platform incorporating artificial intelligence (AI) and distributed hybrid cloud architecture for enhanced capabilities.

June 26, 2023

SimpliSafe unveiled 24/7 live guard protection and the Smart Alarm Wireless Indoor Security Camera. The camera enables real-time crime prevention, allowing monitoring agents to interact with intruders visually and audibly.

March 28, 2023

ADT, a leading smart home, and small business security brand launched its most advanced DIY system, ADT Self Setup, in collaboration with Google. It integrates Nest products with ADT technology via the ADT+ app.

Rapid urbanisation

Rapid urbanisation in the U.S. fuels the security market by increasing infrastructure protection needs, supporting smart cities, and boosting residential, commercial, and transportation security demands.

Growing adoption of security systems

Adopting security systems across diverse sectors drives market demand by enhancing protection, efficiency, and safety in government, transportation, healthcare, retail, and residential areas.

Technological advancements

AI, IoT, and cloud computing advancements empower security systems, enabling smarter surveillance, predictive analytics, and seamless storage and access to data, enhancing effectiveness and attractiveness.

Increasing Public Safety Concerns

Elevated concerns about public safety, including terrorism, spur the uptake of sophisticated security systems, integrating technologies like facial recognition and threat detection for enhanced protection.

United States Security Market Trends

The rising instances of theft and vandalism across public areas like airports, railway stations, ports, malls, convenience stores, and hotels are expected to drive the need for advanced security systems in the foreseeable future. Additionally, the presence of established security system providers offering expertise in system integration, risk assessment, maintenance, and support is likely to bolster market growth in the forecast period.

Rapid urbanisation in the U.S. increases infrastructure protection needs and supports smart cities, driving demand for security. Adoption across sectors enhances protection and efficiency. Technological advancements enable smarter surveillance. Rising public safety concerns, including terrorism, drive the uptake of sophisticated security systems.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

United States Security Industry Segmentation

“United States Security Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by System

• Access Control System

• Alarms and Notification System

• Intrusion Detection System

• Video Surveillance System

• Barrier System

• Others

Market Breakup by Service

• System Integration and Consulting

• Risk Assessment and Analysis

• Managed Security Services

• Maintenance and Support

Market Breakup by Applications

• Government

• Military and Defence

• Transportation

• Commercial

• Industrial

United States Security Market Share

Video surveillance systems have been driving the United States security market, as they incorporate cutting-edge technologies like AI, facial recognition, and motion detection, significantly enhancing security capabilities.

Video surveillance systems can be wire-free, a significant advantage of this segment. Additionally, they provide interactive monitoring, instant alerts, evidence for authorities, improved accessibility, and enhanced productivity.

Integration with other security systems and contributions to operational efficiency further enhance their appeal, making them essential for comprehensive security solutions across various industries. Moreover, video surveillance is quick and more cost-effective compared to other options.

Meanwhile, the access control system segment is expected to be one of the fastest-growing segments due to its easy manageability. For example, card access systems are becoming increasingly popular in intelligent buildings for their speed and convenience. Additionally, access control systems allow for setting specific access dates and times, enhancing safety, and improving the efficiency of security management.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Leading Manufacturers in the United States Security Market

The company are a global manufacturer of decorative fences and gates, offers security solutions safeguarding individuals and assets with crash-rated vehicle barriers, manufactures vehicle access control equipment, and specialises in the development, manufacturing, and supply of sophisticated access control.

Ameristar Perimeter Security: Founded in 1982, with its headquarters in the United States, Ameristar Perimeter Security, a top global manufacturer of decorative fences and gates, expands into anti-ram barriers to protect critical assets.

Barrier1 Systems, LLC.: Founded in 2006, with its headquarters in the United States, Barrier1 Systems, LLC offers security solutions safeguarding individuals and assets with crash-rated vehicle barriers, bollards, and gates trusted by government agencies.

Delta Scientific Corporation: Founded in 1974, with its headquarters in the United States, Delta Scientific Corporation, a global leader, manufactures vehicle access control equipment, specialising in high-security barricade systems, engineering, and sales.

EL-Go Team: Founded in 1991, with its headquarters in the United States, EL-GO Team specialises in the development, manufacturing, and supply of sophisticated access control and hostile vehicle mitigation security systems.

Other United States security market key players are Teledyne FLIR LLC, among others.

Key Highlights of the Report

United States Security Market Report Snapshots

United States Security Market Size

United States Security Market Trends

United States Security Market Share

United States Security Market Demand

United States Security Market Growth

United States Security Manufacturers