CAGR of 7.8% Drives Commercial Security System Market to USD 343.7 Billion by 2028

The Commercial security system market is expected to reach USD 343.7 billion by 2028 from USD 236.3 billion in 2023, at a CAGR of 7.8% during the 2023–2028 period according to a new report by MarketsandMarkets™. The rise in government and stakeholder funding for smart city development and city surveillance solutions is a major opportunity for the commercial security system market. Cyber threats to commercial security systems pose significant risks.