Complexities in the Global Security Market: 2024 Through 2026

By Kara Klein, Associate Director of Marketing and Media Relations, Security Industry Association on February 26, 2024 |
SIA-ASIS Global Security Market Report cover

How many people work in the security sector worldwide? What is driving growth in the security equipment market? What trends are making the greatest impacts? This all-new, unique partnership study from the Security Industry Association (SIA) and ASIS International answers these questions and more.

About the Report

Complexities in the Global Security Market: 2024 Through 2026 is a new research report that provides insights into the equipment, technologies and employment of the global security industry, including regional market breakouts and global security industry market size. SIA and ASIS partnered with global analytics and advisory firm Omdia to complete the research. This exclusive report – produced for SIA and ASIS members – provides new global market statistics for the security equipment and service markets, including the entire route to market from the equipment and software companies manufacturing the technologies to the service providers deploying them through to the end users using the security and life safety solutions in their daily roles. The publication was designed for practitioners in corporate, organizational and private security roles, as well as security solutions providers and equipment manufacturers, and is also relevant for others interested in the security market, including investors, academics and government officials.

Key research findings include:

  • The global physical security equipment market is expected to be worth $60.1 billion in 2024, as the industry continues to recover following the COVID-19 pandemic and grow to $70 billion by 2026.
  • The overall physical security equipment and services market is much larger, totaling $405 billion in 2023 and projected to grow to nearly $500 billion by 2026.
  • The physical security market employs more than 30 million people worldwide, with 210,000 of those being in the equipment market, about 7.87 million in the services market and 22.6 million working as security end users.

Get more stats on:

  • The size of the security technology market, globally and by region (Latin America, North America, Europe, the Middle East and Africa, China, Asia and Oceania)
  • Revenue from the global security market
  • Security industry employment, including the total number of people employed
  • The market outlook for video surveillance equipment and access control technologies
  • The physical security services market size (including security services, fire detection services, alarm monitoring and guarding)

You'll get:

  • Geographic breakouts of employment and markets
  • Examinations of which industries are driving change in each region
  • Current economic impact and forecasts through 2026
  • Segments powering security equipment and services markets
  • And much, much more!
For a limited time, this report is available to SIA members only. (ASIS members: Please access through ASIS' website.)

This content is for SIA members only.

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