What is the current Electronic Security Market size?

The Electronic Security Market is projected to register a CAGR of 7.80% during the forecast period (2024-2029) Read More

Which is the fastest growing region in Electronic Security Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Electronic Security Market?

In 2024, the North America accounts for the largest market share in Electronic Security Market. Read More

What years does this Electronic Security Market cover?

The report covers the Electronic Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Electronic Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Electronic Security Market Share

Statistics for the 2023 & 2024 Electronic Security market share, created by Mordor Intelligence™ Industry Reports. Electronic Security share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Electronic Security Industry

The Electronic Security Market is highly competitive due to the presence of many large and regional players. The market players are adopting strategies like product innovation, partnerships, mergers, and acquisitions to extend their geographic reach and stay ahead of the competitors. Some of the major players in the market are Axis Communications AB, Bosch Security Systems Inc., Honeywell International Inc., Tyco Security Products, and Checkpoint Systems Inc., among others.

In April 2022, Securden Inc., which offers solutions targeted at governance and access security, received USD 10.5 million in a Series A investment led by New York-based investment firm Tiger Global Management.
In April 2022, Cyberlink Corp. announced an integration of its facial recognition security software, FaceMe Security, with Axis camera station. The end-to-end integration brought FaceMe's facial recognition functionalities to AXIS camera and VMS setups, fusing live stream monitoring and group tagging in a seamless solution.