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According to the latest research report by IMARC Group, The global electronic security market size reached US$ 57.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 85.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/electronics-security-market
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Global Electronic Security Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Electronic Security Market Research Report: The latest report by IMARC, titled “Electronic Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global electronic security market size reached US$ 57.7 Billion in 2022. Electronic safety is a system that utilizes embedded technology and electronic devices to improve safety measures and protect human life as well as physical assets. Some of the most common functions performed by the system include surveillance, access control and intrusion control. It comprises alarms and close-circuit televisions (CCTVs) that aid in monitoring entry points and denying access to unauthorized individuals from entering a certain area or accessing stored information. It is also employed in business operations for safeguarding confidential business data and tracking unauthorized access to business-related information and assets. As a result, it is extensively utilized across the manufacturing, transportation, banking, healthcare and government sectors. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/electronics-security-
Report Description and Highlights Report Description Global Electronic Security Market Trends: The market is primarily driven by the increasing incidences of property thefts and break-ins across the residential sector. This, along with the rapid expansion of smart cities on the global level, has facilitated the uptake of electronic security solutions for ensuring enhanced safety. Moreover, there has been a considerable rise in cybercrimes due to the increasing automation across numerous industries, which has led to the growing requirement for efficient services to secure crucial data and infrastructure. The market is further driven by the growing concerns regarding the rising number of terrorist activities, including shoot-outs, contraband smuggling and bombings in high risk and sensitive locations. This has impelled government and private organizations to invest in developing enhanced electronic security solutions and install these systems across various public and public infrastructures. Furthermore, significant growth in the transportation sector has led major companies to adopt advanced security systems to safeguard public transportation modes and provide accurate access control and surveillance. On account of the aforementioned factors, the market is expected to grow at a CAGR of 6.6% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Surveillance System • Access Control System • Intrusion Detection System • Alarming System • Others Breakup by Service Type: • Installation Services • Managed Services • Consulting Services Breakup by End-Use Sector: • Government • Residential • Transportation • Banking • Hospitality
Report Description and Highlights Report Description • Healthcare • Retail • Others Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom
Report Description and Highlights Report Description • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Axis Communications (Canon Inc.) ADT Security Services Inc. (Apollo Global Management Inc.) Bosch Security Systems Inc. FLIR Systems Inc. Hitachi Ltd. Honeywell International Inc. IBM Corporation Tyco International (Johnson Controls) Lockheed Martin Corporation OSI Systems Siemens AG Thales Group View Full Report with TOC & List of Figure: https://www.imarcgroup.com/electronics-security- market
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