United States Security Market Size, Share, Industry Statistics, Report and Forecast 2024-2032

Table of Contents

United States Security Market Outlook

According to the report by Expert Market Research (EMR), the United States security market size reached a value of USD 5.94 billion in 2023. Aided by the paramount importance of security solutions in safeguarding individuals, organisations, and critical infrastructure, the market is projected to further grow at a CAGR of 11.20% between 2024 and 2032 to reach a value of USD 15.43 billion by 2032.

The security sector encompasses a wide range of industries, technologies, and services dedicated to safeguarding individuals, organisations, assets, and critical infrastructure from various threats, risks, and vulnerabilities. It includes both physical and cybersecurity domains, as well as measures aimed at ensuring public safety, national defence, and regulatory compliance.

As per the United States security market analysis, in an era defined by digital transformation and interconnectedness, cybersecurity has emerged as a top priority for governments, businesses, and individuals alike. The proliferation of digital assets, cloud computing, Internet of Things (IoT) devices, and remote work arrangements has expanded the attack surface for cyber threats, including data breaches, ransomware attacks, and malicious hacking attempts. As a result, investments in cybersecurity solutions, including network security, endpoint protection, threat intelligence, and security analytics, are on the rise to mitigate cyber risks and protect sensitive information from unauthorised access and exploitation.

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In addition to cybersecurity, physical security remains a critical focus area within security market in the United States. From securing public spaces and critical infrastructure to safeguarding commercial buildings and residential properties, the demand for advanced surveillance technologies, access control systems, intrusion detection solutions, and video analytics continues to grow. Innovations such as facial recognition, biometric authentication, and AI-powered surveillance cameras are enhancing the effectiveness of physical security measures, enabling proactive threat detection and rapid response to security incidents.

As per the United States security market outlook, the threat of terrorism and violent extremism remains a persistent concern for national security agencies and law enforcement authorities in the United States. As such, investments in counterterrorism measures, intelligence gathering, border security, and emergency preparedness are essential to mitigate the risks posed by terrorist organisations. Technologies such as advanced screening systems, explosives detection technologies, and biometric identification tools play a crucial role in enhancing security protocols at airports, seaports, border crossings, and other high-risk environments.

In an increasingly regulated environment, compliance with market standards, government regulations, and international security protocols is paramount for organisations across various sectors, including finance, healthcare, and critical infrastructure, which aids the United States security market expansion. Compliance mandates such as the Payment Card Industry Data Security Standard (PCI DSS), Health Insurance Portability and Accountability Act (HIPAA), and North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) standards drive investments in security technologies, risk management frameworks, and compliance programs to protect sensitive data and ensure operational resilience.

Addressing complex security challenges requires a collaborative approach involving government agencies, private sector stakeholders, academia, and civil society organisations. Public-private partnerships (PPPs) play a crucial role in sharing threat intelligence, coordinating incident response efforts, and fostering innovation in security technologies and practices, fuelling the United States security market growth. By leveraging the expertise and resources of multiple stakeholders, PPPs enhance the effectiveness and efficiency of security initiatives, enabling a more comprehensive and coordinated response to emerging threats and vulnerabilities.

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Looking ahead, the market is poised for continued growth and innovation, driven by evolving threats, technological advancements, and regulatory requirements. As security risks become increasingly complex and multifaceted, organisations will need to adopt a holistic approach to security, integrating cybersecurity, physical security, risk management, and compliance into a unified strategy, which can boost the United States security market share.

Market Segmentation

The market can be divided based on system, service, and applications.

Market Breakup by System

Access Control System
Alarms and Notification System
Intrusion Detection System
Video Surveillance System
Barrier System
Others

Market Breakup by Service

System Integration and Consulting
Risk Assessment and Analysis
Managed Security Services
Maintenance and Support

Market Breakup by Applications

Government
Military and Defence
Transportation
Commercial
Industrial
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States security market. Some of the major players explored in the report by Expert Market Research are as follows:

Ameristar Perimeter Security
Barrier1 Systems, LLC.
Delta Scientific Corporation
EL-Go Team
Teledyne FLIR LLC
Others