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Commercial Security System Market worth $342 6 billion by 2026 - Exclusive Report by MarketsandMarkets™

Commercial Security System Market worth $342 6 billion by 2026 - Exclusive Report by MarketsandMarkets

Commercial Security System Market worth $342.6 billion by 2026 - Exclusive Report by MarketsandMarkets Commercial Security System Market with COVID-19 Impact Analysis by Hardware (Fire Protection, Video Surveillance, Access Control), Service (System Integration, Remote Monitoring), Software, Vertical, and Geography - Global Forecast to 2026 , published by MarketsandMarkets, the market size is projected to grow USD 223.9 billion in 2021 to USD 342.6 billion by 2026; it is estimated to grow at a CAGR of 8.9% during the forecast period. Rising number of terrorist attacks and organized crimes across the world, growing construction industry, expanding adoption of IP cameras, accelerating implementation of stringent fire protection-related regulations, and rising adoption of IoT-based security systems powered by cloud computing platforms are the major factor propelling the growth of the commercial security system market.

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