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    Security System Integrators Market

    ID: MRFR/ICT/4122-CR
    100 Pages
    Shubham Munde
    May 2023

    Security System Integrators Market Research Report Information By Type (Application Security, Endpoint Security, Network Security, Data Security), By Organization Size (SMEs, Large Enterprise), By Industry Vertical (Energy, Retail, Banking) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    Security System Integrators Market Infographic
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    Security System Integrators Market Summary

    As per Market Research Future Analysis, the Security System Integrators Market is projected to grow from USD 12.10 billion in 2024 to USD 27.01 billion by 2035, with a CAGR of 7.57% during the forecast period. The market was valued at USD 12.10 billion in 2024. Key drivers include a shortage of skilled cybersecurity professionals and the increasing need for comprehensive security solutions due to rising cyber threats, particularly in developing countries. The market is segmented by type, organization size, and industry vertical, with data security expected to grow the fastest. North America is anticipated to dominate the market, followed by Europe and Asia-Pacific, which is expected to grow at the fastest rate.

    Key Market Trends & Highlights

    The Security System Integrators Market is influenced by several key trends.

    • 62% of organizations reported a shortage of cybersecurity professionals in 2020, up from 50% in 2019.
    • The SMEs segment is expected to grow at a higher CAGR due to increasing data breaches on cloud applications.
    • The retail segment is anticipated to expand at a higher CAGR due to growing digitalization and investments.
    • North America is projected to dominate the market, driven by high innovation and investment in cybersecurity.

    Market Size & Forecast

    2024 Market Size USD 12.10 Billion
    2035 Market Size USD 27.01 Billion

    Major Players

    Key players include Akamai Technologies Inc., Carbon Black Inc., Anchor Technologies Inc., Checkpoint Software Technologies Ltd., and Cisco Systems Inc.

    Security System Integrators Market Trends

    Lack of skilled cybersecurity professionals in enterprises is driving the market growth

    For instance, A 2020 survey by ISACA reported that 62% of organizations had a shortage of cybersecurity professionals on staff, up from 50% in 2019. Furthermore, according to a 2020 survey by the International Association of Privacy Professionals (IAPP), 84% of organizations reported a shortage of cybersecurity staff.

    Moreover, the increased digitalization in developing countries is also likely to support the growth of the Security System Integrators (SSI) market. The increasing use of digital technologies in developing countries is creating a greater need for security solutions. As businesses and organizations become more reliant on digital systems, they also become more vulnerable to cyber-attacks and other security threats. This creates a demand for security system integrators to provide comprehensive security solutions that can protect against these threats. Also, the growth of e-commerce and online transactions in developing countries is increasing the need for secure payment and transaction systems.

    This is driving demand for security system integrators to provide secure payment processing and fraud prevention solutions. Thus, the increased digitization in developing countries is creating a greater demand for security solutions, which is supporting the growth of the security system integrators market.

    The increasing complexity of security threats necessitates a more integrated approach to security solutions, driving demand for advanced security system integrators across various sectors.

    U.S. Department of Homeland Security

    Security System Integrators Market Drivers

    Rising Security Concerns

    The Global Security System Integrators Market Industry experiences a notable surge in demand due to escalating security concerns across various sectors. With increasing incidents of cyber threats, terrorism, and vandalism, organizations are compelled to invest in robust security solutions. For instance, the global market is projected to reach 12.1 USD Billion in 2024, reflecting a growing awareness of the necessity for comprehensive security systems. This trend is particularly evident in urban areas where crime rates are higher, prompting businesses and governments to seek integrated security solutions that encompass surveillance, access control, and alarm systems.

    Market Growth Projections

    The Global Security System Integrators Market Industry is projected to experience substantial growth over the coming years. With an estimated market value of 12.1 USD Billion in 2024, the industry is on a trajectory to reach 27.0 USD Billion by 2035. This growth is indicative of the increasing reliance on security systems across various sectors, driven by factors such as technological advancements and rising security concerns. The compound annual growth rate of 7.58% from 2025 to 2035 further underscores the market's potential, suggesting that security integrators will play a vital role in shaping the future landscape of security solutions.

    Technological Advancements

    Technological innovations play a pivotal role in shaping the Global Security System Integrators Market Industry. The integration of advanced technologies such as artificial intelligence, machine learning, and IoT is revolutionizing security systems, enabling real-time monitoring and predictive analytics. These advancements not only enhance the effectiveness of security measures but also reduce operational costs. As organizations increasingly adopt smart technologies, the market is expected to witness substantial growth, with projections indicating a rise to 27.0 USD Billion by 2035. This evolution suggests that security integrators must stay abreast of technological trends to remain competitive.

    Increased Investment in Smart Cities

    The Global Security System Integrators Market Industry is poised for growth due to the rising investment in smart city initiatives. As urbanization accelerates, cities are increasingly adopting smart technologies to enhance safety and efficiency. Security integrators play a crucial role in implementing integrated security solutions that encompass surveillance, emergency response, and data analytics. This trend is expected to contribute to the market's expansion, with a projected compound annual growth rate of 7.58% from 2025 to 2035. The integration of security systems in smart cities not only improves public safety but also enhances the overall quality of urban life.

    Government Initiatives and Regulations

    Government initiatives aimed at enhancing public safety significantly influence the Global Security System Integrators Market Industry. Various countries are implementing stringent regulations and standards for security systems, thereby driving demand for compliance-oriented solutions. For example, initiatives focused on urban safety and critical infrastructure protection necessitate the deployment of sophisticated security measures. This regulatory landscape not only fosters growth in the market but also encourages collaboration between government entities and security integrators. As a result, the industry is likely to expand, aligning with government objectives to bolster national security.

    Growing Demand for Integrated Solutions

    The demand for integrated security solutions is a driving force in the Global Security System Integrators Market Industry. Organizations are increasingly seeking comprehensive systems that combine various security components into a unified platform. This trend is fueled by the need for streamlined operations and improved response times. As businesses recognize the advantages of integrated solutions, the market is likely to witness significant growth. The shift towards holistic security approaches aligns with the broader industry trend of enhancing operational efficiency and effectiveness, further solidifying the role of security integrators in providing tailored solutions.

    Market Segment Insights

    Security System Integrators Type Insights

    The Security System Integrators Market segmentation, based on type Application Security, Endpoint Security, Network Security, Data Security. The data security is anticipated to experience the greatest CAGR growth among all security types during the projected period as a result of the rising enterprise use of encryption solutions. 

    Security System Integrators Organization Size Insights

    The Security System Integrators Market segmentation, based on organization size, includes SMEs, and Large Enterprise. Among these The SMEs segment is anticipated to expand at a higher CAGR over the forecast period, due to a growing number of data breaches on enterprise cloud-based applications, as well as, rise in the sophistication level of cyber-attacks. However, it is anticipated that the market for security system integrators will be dominated by large enterprise. Due to their extensive IT infrastructures and geographically dispersed locations, large enterprise was among the first to use security system integration services.

    Security System Integrators Industry Vertical Insights

    The Security System Integrators Market segmentation, based on industry vertical, includes Energy, Retail, Banking. Among these the retail segment is anticipated to expand at a higher CAGR over the forecast period, due to growing digitalization in retail sector and growing investments. However, it is anticipated that the banking sector will be dominated the segment. Due to rising adoption of various advanced technology and growing investments in the banking sector that anticipated to support the market growth during forecast period. 

    Figure 2: Security System Integrators Market, by Vertical, 2022 & 2032 (USD billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Security System Integrators Market

    Regional Insights

    By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American security system integrators market area will dominate this market, owing high focus on innovation in the region is due to growing investment in development and research and growing adoption of BYOD that anticipated to support the market growth in the region.

    Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3: SECURITY SYSTEM INTEGRATORS MARKET SHARE BY REGION 2022 (%)

    Security System Integrators Market

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe security system integrators market accounts for the second-largest market share due to the technologically advanced, growing cyber security threat cases and supportive government initiative. Further, the German security system integrators market held the largest market share, and the UK security system integrators market was the fastest growing market in the European region.

    The Asia-Pacific Security System Integrators Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to rapid digitization of the region, widespread adoption of cloud and web-based apps, and increasing BYOD trends. Moreover, China’s security system integrators market held the largest market share, and the Indian security system integrators market was the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to expand their product lines, which will help the security system integrators market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, security system integrators industry must offer cost-effective solution and services.

    Growing investment in research and development is one of the key business tactics used by manufacturers in the global security system integrators industry to benefit clients and increase the market sector. In recent years, the security system integrators industry has offered some of the most significant advantages. Major players in the security system integrators market, including Akamai technologies inc (USA), Carbon black inc (USA), Anchor technologies inc (USA) and others, are attempting to increase market demand by investing in research and development operations.

     Akamai Technologies Inc. is an American content delivery network (CDN) and cloud service provider. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts. Akamai operates a global network of servers and data centers that deliver web content, video and other digital media, as well as cloud security services and solutions. Akamai's services are used by businesses, government agencies, and organizations around the world to optimize website and application performance, improve security, and provide a better user experience for customers.

    The company's customers include some of the world's largest and most recognized brands in the fields of e-commerce, finance, media and entertainment, healthcare, and more. Akamai has also developed a range of cloud security solutions designed to protect businesses and organizations from cyber threats, including distributed denial-of-service (DDoS) attacks, web application attacks, and other types of malicious activity.

    For instance, in April 2023, the cloud company Akamai Technologies, Inc., which fuels and secures online life, announced an upgraded managed security service package and premium service options. With proactive monitoring and a swift response in the event of a cyberattack, the new capabilities are intended to assist customers in protecting their businesses continuously from the most sophisticated attacks. Customers can benefit from increased access to Akamai security experts, lower prices, and more personal assistance.

    Carbon Black Inc. is an American cybersecurity company founded in 2002 and headquartered in Waltham, Massachusetts. The company specializes in endpoint security, providing solutions to protect enterprise networks from cyber threats. Carbon Black's flagship product is the Cb Defense platform, which uses machine learning and behavioral analytics to detect and respond to advanced threats on endpoints. The platform combines endpoint detection and response (EDR) with next-generation antivirus (NGAV) to provide a comprehensive security solution.

    Key Companies in the Security System Integrators Market market include

    Industry Developments

    • In December 2023 - MDS System Integration, which is in the Midis Group, purchased a controlling stake in Smplid, which specializes in digital transformation and IT solutions. The purpose of this acquisition is to increase MDS’s digital expansion potential, service developments and target customer range. This partnership is in consonance with MDS’s operational strategy of strengthening its position in the digital transformation segment of the market by offering the most relevant and complex IT solutions for various industries.
    • In November 2023 - Strategic collaboration between Accenture and Workday was made public in September, with the purpose of assisting businesses in reimagining their finance departments to be data-centric, agile and client-focused. To that end, the two companies will work together to create a suite of advanced data-driven finance solutions tailored to the needs of clients in the software and technology, retail, and media industries.
    • Schneider Electric, Capgemini and Qualcomm Technologies, Inc., in partnership, developed a pioneering 5G integrated automated harking solution and showcased it in February 2023. The project consisted of replacing ordinary cables with a wireless 5G Private Network solution to provide a more efficient deployment of the digital technology, broadening its usage edge across industrial sites. This partnership facilitates and, therefore demonstrates major progress in the integration of systems advancement of integrating and deploying digital technologies across industrial sites.
    • In June 2023, Cisco was the first to introduce Security Service Edge (SSE) solutions with smart, secure browsing capabilities anywhere and anytime on any device or application. The service provides solutions for problems caused by poor availability, such as disorientation and difficulty in accessing a user’s personal data, by managing user traffic to both the private and public sectors automatically, requiring no end user action.
    • February 2023, Cisco Systems, Inc., based in the United States, made an announcement about their intention to collaborate with NEC Corporation of Japan on various initiatives. In the collaboration, the integration of systems and expanding systems in the areas of 5G xHaul and private 5G will be considered. The purpose of this partnership is to help clients change their architecture, thus allowing them to expand their reach to more people and more things.
    • April 2023 - The announcement by Oracle is something of considerable note as the global technology firm unveiled the incorporation of new features across the Oracle Fusion Cloud Applications Suite. The target audience is expected to enhance their supply chain, improve the accuracy of finances, and increase efficiency in the management of operations. The innovations have the following aspects usage-based pricing, advanced planning, and rebate management within Oracle Fusion Cloud Supply Chain & Manufacturing.

    Future Outlook

    Security System Integrators Market Future Outlook

    The Global Security System Integrators Market is projected to grow at a 7.57% CAGR from 2025 to 2035, driven by technological advancements and increasing security concerns.

    New opportunities lie in:

    • Leverage AI-driven analytics for enhanced security solutions. Expand service offerings in smart city projects. Develop partnerships with IoT manufacturers for integrated systems.

    By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    Security System Integrators Type Outlook

    • Application Security
    • Endpoint Security
    • Network Security
    • Data Security

    Security System Integrators Regional Outlook

    • {"North America"=>["US"
    • "Canada"]}
    • {"Europe"=>["Germany"
    • "France"
    • "UK"
    • "Italy"
    • "Spain"
    • "Rest of Europe"]}
    • {"Asia-Pacific"=>["China"
    • "Japan"
    • "India"
    • "Australia"
    • "South Korea"
    • "Rest of Asia-Pacific"]}
    • {"Rest of the World"=>["Middle East"
    • "Africa"
    • "Latin America"]}

    Security System Integrators Industry Vertical Outlook

    • Energy
    • Retail
    • Banking

    Security System Integrators Organization Size Outlook

    • SMEs
    • Large Enterprise

    Report Scope

    Report Attribute/MetricDetails
    Market Size 2024USD 12.10 billion
    Market Size 203527.01 (Value (USD Billion))
    Compound Annual Growth Rate (CAGR)7.57% (2025 - 2035)
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2019- 2022
    Market Forecast UnitsValue (USD Billion)
    Report CoverageRevenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments CoveredType, Organization Size, Industry Vertical and Region
    Geographies CoveredNorth America, Europe, Asia Pacific, and the Rest of the World
    Countries CoveredThe U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled General Mills Inc., Amway, Conagra Brands Inc., Cargill Incorporated, Abbott Laboratories, Kraft Foods Group Inc., The Coca-Cola Company, PepsiCo Inc., Atkins Nutritionals Inc., and Brunswick Corporation
    Key Market OpportunitiesInnovations in IoT and Development of Smart Cities Across the World
    Key Market DynamicsLack of Skilled Cybersecurity Professionals in Enterprises Lack of Security Solution Vendors With Complete Security Solution Suite
    Market Size 202513.02 (Value (USD Billion))

    Market Highlights

    Author
    Shubham Munde
    Research Analyst Level II

    With a technical background in information technology & semiconductors, Shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the ICT/Semiconductor domain. Shubham holds a Bachelor’s in Information and Technology and a Master of Business Administration (MBA). Shubham has executed over 150 research projects for our clients under the brand name Market Research Future in the last 2 years. His core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. He is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. He has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. He has worked on the projects of top tech brands such as IBM, Google, Microsoft, AWS, Meta, Oracle, Cisco Systems, Samsung, Accenture, VMware, Schneider Electric, Dell, HP, Ericsson, and so many others. He has worked on Metaverse, Web 3.0, Zero-Trust security, cyber-security, blockchain, quantum computing, robotics, 5G technology, High-Performance computing, data centers, AI, automation, IT equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.

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    FAQs

    How much is the security system integrators market?

    The Security System Integrators Market size was valued at USD 11.14 Billion in 2023.

    What is the growth rate of the security system integrators market?

    The global market is projected to grow at a CAGR of 7.57% during the forecast period, 2024-2032.

    Which region held the largest market share in the security system integrators market?

    North America had the largest share in the global market

    Who are the key players in the security system integrators market?

    The key players in the market are akamai technologies inc (USA), carbon black inc (USA), anchor technologies inc (USA), checkpoint software technologies ltd (Israel), cognizant technology solutions corporation (USA), cisco system inc. (USA), Deloitte touche Tohmatsu limited (USA), FireEye Inc. (USA).

    Which type led the security system integrators market?

    The Network Security integrators category dominated the market in 2023.

    Which Organization Size had the largest market share in the security system integrators market?

    The Large Enterprise had the largest share in the global market.

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