US Electronic Security Systems Market is Calculated to Reach US$ 20.50 Mn by 2027

The is anticipated to grow at a higher pace during the forecast period, mainly due to a large number of vendors coming forward and offering electronic security systems to the federal, state and local government agencies throughout the US. The leading players are involved in designing, developing, installation, and maintenance of technically complex integrated electronic security systems for federal government customers. There are number of agencies and associations in the United States working for the development of security systems, such as, Department of Homeland Security (DHS), Department of Defense, Department of Transportation, Department of Health and Human Services, US States Security Licensing Guide, Department of Energy, National Security Agency (NSA), General Services Administration (GSA), and Electronic Security Association (ESA), among others.

The US Electronic Security Systems market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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The US governmental buildings, transportation systems, border areas, airports, seaports, and various other infrastructures have experienced illegal entrance which has led to significant loss in terms of monetary funds and data. This factor has escalated the demand for access control systems across the country, thereby, driving the electronic security systems market in the US. The card readers are by far the most attractive access control systems across verticals of Federal Government, however, higher demand for biometrics is being experienced in the current scenario. In the current technologically advanced market scenario, the card readers are easily breach-able, which is again a potential threat to various security-prone infrastructures. On the other hand, biometrics systems are highly secured as the same records and access an individual’s biological characteristics. These factors are attracting the customers which is propelling the electronic security systems market in the US.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for US Electronic Security Systems in the market.

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US Electronic Security Systems Market – MARKET SEGMENTATION

US Electronic security systems Market, by Product Type

Video Surveillance Systems
Camera
Video Management
IP Video Recording
Alarming Systems
Monitoring System
Intrusion Detection System
Perimeter Alarm System
Access Control System
Card Reader
Biometrics
Electronic Systems

US Electronic security systems Market, by Component

Camera
Monitor
Storage Devices
Software
PSIM
Identity Management
Electronic security systems Market – Company Profiles

ADT
BAE Systems
Evergreen Fire and Security
Honeywell International Inc.
Surveillance Secure Inc.
Integrated Security Technologies
Johnson Controls
KBR Inc.
Leidos
Lockheed Martin Corporation
LVW Electronics
MC Dean Inc.
Mantech International Corporation
Northrop Grumman Corporation
Orion Security Systems
Parsons Corporation
Securitas Electronic Security, Incorporated.
Science Application International Corporation
Security Hunter
Serco Inc.
Siemens
Split Pine Technologies, Inc.
Stanley Convergent Security Solutions
Xator Corporation

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