Canada Physical Security Market Size & Outlook, 2025-2030

The physical security market in Canada is expected to reach a projected revenue of US$ 22,563.9 million by 2030. A compound annual growth rate of 6.9% is expected of Canada physical security market from 2025 to 2030.
Revenue, 2024 (US$M)
$14,973.9
Forecast, 2030 (US$M)
$22,563.9
CAGR, 2025 - 2030
6.9%
Report Coverage
Canada

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Canada physical security market, 2018-2030 (US$M)

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Canada physical security market highlights

  • The Canada physical security market generated a revenue of USD 14,973.9 million in 2024 and is expected to reach USD 22,563.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
  • In terms of segment, systems was the largest revenue generating component in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Physical security market data book summary

Market revenue in 2024USD 14,973.9 million
Market revenue in 2030USD 22,563.9 million
Growth rate6.9% (CAGR from 2025 to 2030)
Largest segmentSystems
Fastest growing segmentServices
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystems, Services
Key market players worldwideHoneywell International Inc, Cisco Systems Inc, Canon Inc, Motorola Solutions Inc, Robert Bosch Engineering & Business Solutions, Johnson Controls International PLC, ADT Inc, Siemens AG


Other key industry trends

  • In terms of revenue, Canada accounted for 10.2% of the global physical security market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. physical security market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 1,273.1 million by 2030.

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Physical Security Market Companies

Name Profile # Employees HQ Website
Robert Bosch Engineering & Business Solutions View profile 10001+ Bangalore, Karnataka, India, Asia http://www.bosch-india-software.com
ADT Inc View profile 14300 1501 Yamato Road, Boca Raton, FL, United States, 33431 https://www.adt.com
Motorola Solutions Inc View profile 21000 500 West Monroe Street, Suite 4400, Chicago, IL, United States, 60661 https://www.motorolasolutions.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Canon Inc View profile 169151 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 https://www.global.canon
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com

Canada physical security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physical security market will help companies and investors design strategic landscapes.


Systems was the largest segment with a revenue share of 54.94% in 2024. Horizon Databook has segmented the Canada physical security market based on systems, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada physical security market , including forecasts for subscribers. This country databook contains high-level insights into Canada physical security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada physical security market size, by component, 2018-2030 (US$M)

Canada Physical Security Market Outlook Share, 2024 & 2030 (US$M)

Canada physical security market size, by component, 2018-2030 (US$M)

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