Commercial Security Industry Statistics

In this post, we explore key statistics shaping the commercial security industry, providing valuable insights into market trends, technology developments, and the economic landscape. From the projected growth of global security solutions to the increasing importance of AI and cybersecurity, these statistics shed light on the evolving nature of security systems and the challenges faced by businesses in safeguarding their assets.

Statistic 1

"By 2023, the global security solutions market, which encompasses the commercial security industry, is predicted to reach $415.28 billion."

Statistic 2

"Video surveillance comprises 70.21% of the physical security market in 2018."

Statistic 3

"Artificial Intelligence (AI) in the security industry is expected to reach $35.40 billion by 2025."

Statistic 4

"Cybersecurity spending for critical infrastructure, including commercial sectors, is set to grow to $105.99 billion by 2024."

Statistic 5

"The access control market, which is vital to commercial security, is forecasted to reach $10.03 billion by 2023."

Statistic 6

"Retail accounted for 34% of the commercial security systems market in 2020."

Statistic 7

"Almost 67% of losses experienced by businesses result from theft or burglary."

Statistic 8

"The Cybersecurity Market is expected to grow to $248.26 billion by 2023."

Statistic 9

"The security system integration market is projected to grow from $9.9 billion in 2021 to $16.6 billion by 2026."

Statistic 10

"The Americas has the largest share of the security solutions market, with 33% in 2019."

Statistic 11

"The study indicates that 94 percent of commercial property managers consider a high-quality security system important."

Statistic 12

"The global barrier system market's growth is anticipated to rise at a CAGR of 4.12% between 2020 and 2025, valued at $20.13 billion."

The statistics presented highlight the significant growth and evolution of the commercial security industry in the coming years. With projections indicating substantial increases in market size for various security solutions such as video surveillance, artificial intelligence, access control, and cybersecurity, businesses are recognizing the importance of investing in high-quality security systems. The data also underscore the prevalence of theft and burglary as key concerns for businesses, driving the need for advanced security measures. Furthermore, the shift towards integrated security systems and the increasing demand for barrier systems reflect a comprehensive approach to safeguarding assets and properties. As the industry continues to expand globally, with a particular focus in the Americas, it is evident that security remains a top priority for commercial entities and property managers alike.