According to a market report by Lucintel, the future of the electronic security system market in Germany looks promising with opportunities in the government, transportation, industrial, banking, and hotel markets. The electronic security system market in Germany is expected to reach an estimated $76.7 billion by 2031 with a CAGR of 7.6% from 2025 to 2031. The major drivers for this market are the continuous expansion of smart cities, the extensive use of electronic security systems in apartment buildings, and the rising government spending on security systems.
A more than 150-page report to understand trends, opportunity and forecast in electronic security system market in Germany to 2031 by product (surveillance security system, alarming system, access & control system, and others), and end use industry (government, transportation, industrial, banking, hotels, and others).
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Lucintel forecasts that, within the product category, the surveillance security system is expected to witness the highest growth over the forecast period due to their significant use to prevent and respond to security threats, theft, and vandalism.
Within the end use category, the government will remain the largest segment due to the increasing use of electronic security systems in this sector to monitor, identify, and respond to a variety of threats, such as terrorist threats, cyberattacks, natural disasters, and public emergencies.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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