GITNUXREPORT 2025

Security Industry Statistics

Security industry faces rapid growth, cyber threats, and increased AI adoption globally.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

Our Commitment to Accuracy

Rigorous fact-checking • Reputable sources • Regular updatesLearn more

Statistic 1

The global security services market was valued at approximately $277 billion in 2022

Statistic 2

The overall investment in physical security technology worldwide is projected to reach $85 billion by 2025

Statistic 3

The number of security guards in the U.S. reached over 1.1 million in 2022

Statistic 4

The adoption of AI in the security industry is growing at a rate of 23% annually

Statistic 5

The global cybersecurity market related to physical security systems was valued at $3.4 billion in 2021

Statistic 6

54% of security service providers increased their investment in cybersecurity measures in 2023

Statistic 7

The U.S. security industry is projected to grow at a compound annual growth rate (CAGR) of 6.2% through 2027

Statistic 8

The installation of smart security systems grew by 35% in 2023 compared to the previous year

Statistic 9

The demand for cybersecurity professionals in the security industry is expected to grow by 31% from 2020 to 2030

Statistic 10

The global biometric security market was valued at $34 billion in 2022 and is expected to reach $66 billion by 2030

Statistic 11

The use of facial recognition technology in security applications increased by 56% in 2023

Statistic 12

The "security as a service" market is projected to reach $47 billion by 2025

Statistic 13

The global access control systems market was valued at $10 billion in 2022 and is forecast to grow at a CAGR of 7.3% until 2028

Statistic 14

The physical security market for the Asia-Pacific region is projected to grow at 8.1% CAGR between 2023 and 2030

Statistic 15

54% of security organizations have increased budget allocation for threat detection and response in 2023

Statistic 16

The global drone security market is expected to reach $1.8 billion by 2025

Statistic 17

The retail security market size is projected to grow at a CAGR of 8.1% through 2027, reaching $7.4 billion

Statistic 18

The global cyber insurance market was valued at $8.6 billion in 2022 and is expected to reach $23 billion by 2027

Statistic 19

The penetration of smart locks in residential security systems increased by 25% in 2023

Statistic 20

The global market for security alarm systems is expected to reach $37 billion by 2025

Statistic 21

There has been a 12% annual increase in the use of cybersecurity solutions for physical security systems over the last three years

Statistic 22

The number of security cameras installed globally is projected to reach 1.7 billion by 2024

Statistic 23

The annual global expenditure on cybersecurity products and services is expected to surpass $1 trillion cumulatively from 2021 to 2025

Statistic 24

The security industry’s adoption of blockchain technology for secure transaction verification is growing at an annual rate of 15%

Statistic 25

The market for perimeter intrusion detection systems is projected to reach $4.2 billion by 2026, with a CAGR of 7.9%

Statistic 26

The global market for security robots is expected to reach $2.3 billion by 2026, growing at a CAGR of 16%

Statistic 27

The healthcare security market is projected to grow by 9.5% annually between 2022 and 2028

Statistic 28

The global homeland security market is expected to reach $600 billion by 2029, growing at a CAGR of 6.4%

Statistic 29

The adoption rate of biometric security solutions in banking sectors increased by 30% in 2023

Statistic 30

The annual growth rate of security-related IoT devices is estimated at 24% through 2025

Statistic 31

Video surveillance systems hold the largest share of the security equipment market, accounting for over 48% in 2023

Statistic 32

The number of IoT-connected security devices worldwide is expected to reach 17 billion by 2025

Statistic 33

70% of organizations plan to increase spending on security automation in 2024

Statistic 34

Automated license plate recognition (ALPR) systems installed worldwide surpassed 32,000 units in 2023

Statistic 35

According to surveys, 54% of organizations view physical security systems integrations as critically important for overall security

Statistic 36

Approximately 80% of security companies adopted cloud-based security management platforms by 2023

Statistic 37

The use of big data analytics in security operations increased by 27% in 2022, helping to detect threats faster

Statistic 38

69% of security managers reported shortages of skilled cybersecurity personnel in 2023

Statistic 39

In 2023, 72% of enterprises used biometric authentication for at least some access points

Statistic 40

The use of drone surveillance in security operations increased by 45% in 2023 due to expanded regulations and capabilities

Statistic 41

The penetration of smart video doorbells into residential markets reached 35% in 2023, up from 20% in 2021

Statistic 42

68% of organizations experienced a security breach caused by insider threats in 2022

Statistic 43

Approximately 43% of organizations experienced a cyberattack that targeted their physical security systems in 2023

Statistic 44

The average cost of a data breach in the security industry is $4.24 million

Statistic 45

82% of security professionals report increased stress levels due to evolving security threats

Statistic 46

Approximately 60% of security breaches involve some form of electronic access control failure

Statistic 47

Approximately 75% of security incidents involve some form of human error

Statistic 48

Losses due to shoplifting in retail are estimated at over $13 billion annually worldwide

Statistic 49

The average time taken to detect a data breach in the security industry is 287 days

Statistic 50

Cybersecurity threats to IoT devices in security systems account for 33% of all cyberattack vectors in 2023

Statistic 51

The number of security breaches in hospitals increased by 21% in 2022, primarily due to compromised access control

Statistic 52

88% of security incidents are preventable with proper security awareness training

Statistic 53

The average time for a security incident response has reduced by 15% with automation tools in 2023

Statistic 54

The integration of cybersecurity with physical security systems is predicted to reduce breach response times by 20% in 2024

Statistic 55

Approximately 85% of security incidents go unreported in many organizations, leading to underestimations of actual breaches

Statistic 56

User awareness training reduced phishing attack success rates by 47% in organizations implementing comprehensive programs

Statistic 57

The majority of cyberattacks on security systems involve ransomware, accounting for approximately 58% of incidents in 2023

Statistic 58

65% of companies use some form of cloud security solution for their security infrastructure

Statistic 59

The average response time to security incidents has decreased by 22% with the implementation of AI-powered security monitoring in 2023

Statistic 60

Cloud-based security solutions are used by 70% of enterprises to manage security systems remotely

Slide 1 of 60

Sources

Our Reports have been cited by:

Trust Badges - Publications that have cited our reports

Key Highlights

The global security services market was valued at approximately $277 billion in 2022
The overall investment in physical security technology worldwide is projected to reach $85 billion by 2025
68% of organizations experienced a security breach caused by insider threats in 2022
The number of security guards in the U.S. reached over 1.1 million in 2022
Approximately 43% of organizations experienced a cyberattack that targeted their physical security systems in 2023
The average cost of a data breach in the security industry is $4.24 million
The adoption of AI in the security industry is growing at a rate of 23% annually
82% of security professionals report increased stress levels due to evolving security threats
Video surveillance systems hold the largest share of the security equipment market, accounting for over 48% in 2023
The global cybersecurity market related to physical security systems was valued at $3.4 billion in 2021
Approximately 60% of security breaches involve some form of electronic access control failure
54% of security service providers increased their investment in cybersecurity measures in 2023
The number of IoT-connected security devices worldwide is expected to reach 17 billion by 2025

The security industry is booming, with global investments soaring into hundreds of billions, technological innovations like AI and IoT transforming physical and cyber defenses, and new challenges such as insider threats and cyberattacks driving rapid growth and unprecedented demand for smarter, more integrated security solutions worldwide.

Market Growth and Financial Insights

The global security services market was valued at approximately $277 billion in 2022
The overall investment in physical security technology worldwide is projected to reach $85 billion by 2025
The number of security guards in the U.S. reached over 1.1 million in 2022
The adoption of AI in the security industry is growing at a rate of 23% annually
The global cybersecurity market related to physical security systems was valued at $3.4 billion in 2021
54% of security service providers increased their investment in cybersecurity measures in 2023
The U.S. security industry is projected to grow at a compound annual growth rate (CAGR) of 6.2% through 2027
The installation of smart security systems grew by 35% in 2023 compared to the previous year
The demand for cybersecurity professionals in the security industry is expected to grow by 31% from 2020 to 2030
The global biometric security market was valued at $34 billion in 2022 and is expected to reach $66 billion by 2030
The use of facial recognition technology in security applications increased by 56% in 2023
The "security as a service" market is projected to reach $47 billion by 2025
The global access control systems market was valued at $10 billion in 2022 and is forecast to grow at a CAGR of 7.3% until 2028
The physical security market for the Asia-Pacific region is projected to grow at 8.1% CAGR between 2023 and 2030
54% of security organizations have increased budget allocation for threat detection and response in 2023
The global drone security market is expected to reach $1.8 billion by 2025
The retail security market size is projected to grow at a CAGR of 8.1% through 2027, reaching $7.4 billion
The global cyber insurance market was valued at $8.6 billion in 2022 and is expected to reach $23 billion by 2027
The penetration of smart locks in residential security systems increased by 25% in 2023
The global market for security alarm systems is expected to reach $37 billion by 2025
There has been a 12% annual increase in the use of cybersecurity solutions for physical security systems over the last three years
The number of security cameras installed globally is projected to reach 1.7 billion by 2024
The annual global expenditure on cybersecurity products and services is expected to surpass $1 trillion cumulatively from 2021 to 2025
The security industry’s adoption of blockchain technology for secure transaction verification is growing at an annual rate of 15%
The market for perimeter intrusion detection systems is projected to reach $4.2 billion by 2026, with a CAGR of 7.9%
The global market for security robots is expected to reach $2.3 billion by 2026, growing at a CAGR of 16%
The healthcare security market is projected to grow by 9.5% annually between 2022 and 2028
The global homeland security market is expected to reach $600 billion by 2029, growing at a CAGR of 6.4%
The adoption rate of biometric security solutions in banking sectors increased by 30% in 2023
The annual growth rate of security-related IoT devices is estimated at 24% through 2025

Market Growth and Financial Insights Interpretation

With the security industry soaring past $277 billion and rapidly adopting AI, biometrics, and IoT, it's clear that in a world where threats evolve faster than technology, investing in smarter, more connected security isn't just wise—it's inevitable—because when it comes to safety, complacency is the biggest vulnerability.

Market Segments and Technologies

Video surveillance systems hold the largest share of the security equipment market, accounting for over 48% in 2023
The number of IoT-connected security devices worldwide is expected to reach 17 billion by 2025
70% of organizations plan to increase spending on security automation in 2024
Automated license plate recognition (ALPR) systems installed worldwide surpassed 32,000 units in 2023
According to surveys, 54% of organizations view physical security systems integrations as critically important for overall security
Approximately 80% of security companies adopted cloud-based security management platforms by 2023
The use of big data analytics in security operations increased by 27% in 2022, helping to detect threats faster
69% of security managers reported shortages of skilled cybersecurity personnel in 2023
In 2023, 72% of enterprises used biometric authentication for at least some access points
The use of drone surveillance in security operations increased by 45% in 2023 due to expanded regulations and capabilities
The penetration of smart video doorbells into residential markets reached 35% in 2023, up from 20% in 2021

Market Segments and Technologies Interpretation

As security technology becomes increasingly intertwined with IoT, AI, and automation—driven by mounting cyber and physical threats—businesses and homeowners alike are rapidly deploying smarter, more connected defenses, underscoring the urgent need for skilled personnel amidst a booming market where surveillance, biometric access, and drone oversight are no longer futuristic but everyday essentials.

Security Incidents and Breach Trends

68% of organizations experienced a security breach caused by insider threats in 2022
Approximately 43% of organizations experienced a cyberattack that targeted their physical security systems in 2023
The average cost of a data breach in the security industry is $4.24 million
82% of security professionals report increased stress levels due to evolving security threats
Approximately 60% of security breaches involve some form of electronic access control failure
Approximately 75% of security incidents involve some form of human error
Losses due to shoplifting in retail are estimated at over $13 billion annually worldwide
The average time taken to detect a data breach in the security industry is 287 days
Cybersecurity threats to IoT devices in security systems account for 33% of all cyberattack vectors in 2023
The number of security breaches in hospitals increased by 21% in 2022, primarily due to compromised access control
88% of security incidents are preventable with proper security awareness training
The average time for a security incident response has reduced by 15% with automation tools in 2023
The integration of cybersecurity with physical security systems is predicted to reduce breach response times by 20% in 2024
Approximately 85% of security incidents go unreported in many organizations, leading to underestimations of actual breaches
User awareness training reduced phishing attack success rates by 47% in organizations implementing comprehensive programs
The majority of cyberattacks on security systems involve ransomware, accounting for approximately 58% of incidents in 2023

Security Incidents and Breach Trends Interpretation

With 68% of organizations falling victim to insider threats and over 85% of incidents going unreported, it's clear that while technology evolves—reducing incident response times and ransomware cases—human error and complacency still leave the door wide open for breaches, turning security into an ongoing game of whack-a-mole where awareness and vigilance are the only true defenses.

Security Solutions and System Adoption

65% of companies use some form of cloud security solution for their security infrastructure
The average response time to security incidents has decreased by 22% with the implementation of AI-powered security monitoring in 2023
Cloud-based security solutions are used by 70% of enterprises to manage security systems remotely

Security Solutions and System Adoption Interpretation

With 70% of enterprises leveraging cloud security and a 22% faster incident response thanks to AI, it's clear that modern security is not just about keeping threats out—it's about smartly managing and rapidly neutralizing them from anywhere.