According to Cognitive Market Research, the global Retail Security Solution market size is USD 215412.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 86164.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 64623.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 49544.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 10770.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4308.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
The System held the highest Retail Security Solution market revenue share in 2024.
