Search Results for "Security Market Insights"

About the Security Industry

The global security industry has been growing in recent years due to increased regulation, the impact of health and safety issues, growing terrorism and globalisation. The global security industry comprises a number of subsectors, including cctv, fire protection, manned guarding, access control, airport security and homeland security.

The global cctv market is expected to be valued at around $11 billion in 2015. Leading providers of CCTV equipment are migrating from analog video surveillance to IP based network video surveillance, as well as rolling out high definition cameras.

The global electronic access control market is forecast to reach $14 billion in 2017, driven by a growing need for wider security measures in public buildings, museums, transport hubs, workplaces and retail outlets. The government sector is the largest end-user segment in the access control market globally.

Leading Companies in the Security Industry (not an exhaustive list)

ADT Worldwide, a division of Tyco International

ADT Worldwide, formerly Tyco Fire & Security, designs, sells, as well as installs and monitors electronic security systems and services to more than 7 million residential, commercial, industrial, and government customers worldwide. ADT Worldwide is Tyco International's largest business; it operates in North America through its ADT Security Services subsidiary, and has a presence in Africa, Asia, Australia, Europe, and South America. The company's security systems are primarily marketed under the ADT and Sensormatic brands, and are designed to detect intrusion as well as react to hazards such as fire, smoke, flooding, and other environmental conditions.

UTC Fire & Security, a division of United Technologies

UTC Fire & Security, a division of United Technologies, provides a slate of commercial and residential fire safety and security products and services. UTC Fire & Security supplies portable fire extinguishers, smoke and carbon monoxide detectors, fire and explosion suppression systems, and other fire-fighting and -control equipment, under Chubb, Kidde, and other brands. Security offerings, through GE Security, Onity, and Lenel units, include electronic security (access control and video surveillance), cash delivery and collection, alarm monitoring, and security guards. Customers are largely international government and financial institutions, building owners, architects, and consultants.

G4S plc

G4S (formerly Group 4 Securicor) is a market leader, challenging Securitas for the #1 spot. Via subsidiaries and joint ventures, it provides security guards, runs prisons, and offers cash management and transportation to customers in some 120 countries. G4S also develops and installs security and electronic surveillance systems. Its US unit, G4S Secure Solutions (USA) (formerly Wackenhut), specializes in armed guards and related security services for government and industrial clients. G4S was formed through the merger of top international security firms Securicor and Group 4 A/S (formerly Group 4 Falck).