Market Share of Commercial Security Industry
The global commercial security market is fragmented as the demand for commercial security systems is increasing with the growing commercial sector across the globe. The key players in the market, like Honeywell International Inc., Johnson Controls International, Carrier Global Corporation, and others, are continuously innovating new products and rising activities such as mergers and acquisitions and capacity expansion, further increasing the competition.
- December 2021 - Securitas acquired Supreme Security Systems, a top 50 alarm monitoring company in the United States. The acquisition increases Securitas' service capabilities and client offerings in the northeast US. It aligns with Securitas' ambition to double the size of its security solutions and electronic security business by 2023.
Commercial Security Market Leaders
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Honeywell International Inc.
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Johnson Controls International
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Carrier Global Corporation
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Bosch Sicherheitssysteme GmbH
*Disclaimer: Major Players sorted in no particular order
