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Electronic Security Market 2022-2028 By Regional Industry Growth & Forecast

Global electronic security market size is anticipated to witness significant expansion over the forecast timeframe 2022-2028, with higher adoption of surveillance, anti-theft, access and control solutions.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2132

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Electronic Security Market 2022-2028 By Regional Industry Growth & Forecast

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  1. Electronic Security Market is projected to reach CAGR 10% by 2028

  2. Key Insights from Electronic Security Market: • Global electronic security market size is anticipated to witness significant expansion over the forecast timeframe 2022-2028, with higher adoption of surveillance, anti-theft, access and control solutions. Telecom, residential and public sectors are among the leading users of modern security systems. Improved access to both wired and cellular networks has enabled faster deployment and convenient use of these solutions across the cloud. Availability of cost-effective managed and professional services has strengthened the market outlook. • Electronic security industry share from antiterrorist and inspection equipment segment will expand at around 7.4% CAGR through 2028. There have been consistent threats from terrorism and increased terror funding over the past decade. According to a U.S. state department report, over 10,000 terror attacks took place across 98 countries in 2020, which was an increase from the previous year. This data undoubtedly indicates a continuous need for enhancing national security systems.

  3. Regional Insights in Electronic Security Market: • Latin America held almost 7.51% share of global electronic security industry in 2021, with high prevalence of thefts in the region. LATAM witnesses a significant number of illegal activities and physical violence, driving the need for security solutions across public and private applications. The Middle East and Africa (MEA) electronic security market size is projected to record around 11.7% CAGR over 2022-2028. Besides a notable threat of terror attacks, the region has been a ground for the sabotage of some critical energy infrastructure, bolstering the need to reinforce security solutions across environmental and public sector applications.

  4. Latest Research Report On Electronic Security Market @ https://www.gminsights.com/industry-analysis/electronic-security-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2132

  5. Major Companies in Electronic Security Market : • ADT Inc • ASSA Abloy • Autoclear LLC • AXIS Communications AB • AVA Group

  6. Industry Coverage

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