Global Electronic Security Systems (ESS) Strategic Markets Report 2023: Market to Reach $85.9 Billion by 2030 - Rise of Smart Homes & Home Automation to Offer Growth Opportunities on a Platter

DUBLIN, Feb. 27, 2023 /PRNewswire/ -- The "Electronic Security Systems (ESS): Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Electronic Security Systems (ESS) Market to Reach $85.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Electronic Security Systems (ESS) estimated at US$43 Billion in the year 2022, is projected to reach a revised size of US$85.9 Billion by 2030, growing at a CAGR of 9% over the analysis period 2022-2030.

CCTV & Video Surveillance Systems, one of the segments analyzed in the report, is projected to record a 9.6% CAGR and reach US$37.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alarms segment is readjusted to a revised 8.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $11.1 Billion, While China is Forecast to Grow at 10.6% CAGR

The Electronic Security Systems (ESS) market in the U.S. is estimated at US$11.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.9 Billion by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.6 Billion by the year 2030.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digitalarchives and Research Platform
• Complimentary updates for one year

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Fighting Back Against Security Threats is an Ever-Present Need
• Despite the Declining Impact of Terrorism on the Global Economy, Several Countries are Witnessing the Dawn of a New Era of Conflict and Violence
• Transportation Emerges as One of the Most Vulnerable Sectors for Incursions
• Security Threats & Safety Concerns Spiral at Residential Places
• Ever-Present Threat of Burglary & Home Break-Ins Drives Demand for Home Security Systems
• So How Fast Or Slow Are We Moving?
• Split Scenarios Unfold: The Great Vaccine Divide Emerges
• Time is of Essence! What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
• Progress on Vaccinations, Why Should Businesses Care?
• How the Construction Industry, a Key Influencer of Opportunities in the Electronic Security Systems Market, Was Impacted by the Pandemic & What's the New Normal?
• Electronic Security Systems (ESS): Definition, Importance & Benefits
• Here's What to Expect in the ESS Market in the Short-to-Medium Term
• Recent Market Activity
• Innovations
• World Brands

FOCUS ON SELECT PLAYERS (Total 634 Featured)

• ADT LLC
• Allegion plc
• ISONAS
• ASSA ABLOY AB
• HID Global
• Axis Communications AB
• BIO-key, International, Inc.
• Bosch Security Systems
• Brinks Home Security
• Chamberlain Group, Inc.
• CP PLUS GmbH & Co. KG
• Dahua Technology Co., Ltd.
• DoorKing, Inc.
• dormakaba Holding AG
• Fermax Electronica S.A.U.

MARKET TRENDS & DRIVERS

• Smart City & Smart Home Security and Surveillance Emerge to Provide New Opportunities for Growth
• Rise of Smart Homes & Home Automation to Offer Growth Opportunities on a Platter
• Smart Homes Emerge as a Disruptive Trend Enhancing Lives of Homeowners & Also Creating New Market Opportunities for Smart Security Technologies & Solutions
• Security and Surveillance in Smart Homes: A Review
• Automation & Home Security: A Special Focus
• Increased Focus on Border Control & Security Opens New Growth Opportunities for Perimeter Intrusion Detection Systems
• Criminalization of Migration Drives Growth of PID in the Perimeter Security Market
• Crackdown on Illegal Immigration Pushes Up the Demand Momentum for PID Systems in Border Security
• Smart Locks & Video Doorbells Grow in Popularity
• Smart Locks Emerge as the Leading Growth Category in the Access Control Systems Segment
• Technology Innovations in the Smart Locks Space: A Review
• Video Doorbells Grow in Demand Among Smart Home Owners
• Critical Infrastructure Protection, a Major Application Area for ESS
• Strong Demand for Networked IP Surveillance Cameras Emerge as a Key Trend in the Market
• Growing Popularity Wireless Electronic Security Systems to Boost Market Prospects
• Biometrics Based ESS Goes Mainstream
• Fingerprint Access Control: A Review
• Frictionless Face and Iris Recognition Technologies to Take Over Fingerprint Biometrics
• AI to Revolutionize Electronic Security. Here's How
• Drones Security & Surveillance Rises in Prominence
• Integration of Security Systems with Mobile Technology
• Blockchain Based Management of Video Surveillance Rises in Prominence
• IoT Reshapes the Future of Video Surveillance
• Cyber Security Issues in IP Video Surveillance Storms Into the Spotlight
• Big Data & Edge Analytics for Video Surveillance to Revolutionize Performance

For more information about this report visit https://www.researchandmarkets.com/r/b58tub

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