Official websites use. Share sensitive information only on official, secure websites. The sale of both safety and security equipment and services represent terrific opportunities in Mexico, making this a best prospect industry sector for U.
This section includes a market overview and trade data. The safety and security market shows strong demand for products and services from the government, private enterprise, and consumer buyers. Natural hazards and disasters are considered part of the public security market. The safety and security sector includes equipment, solutions, and services used for public security, personal protection, residential security, industrial safety, corporate facilities, and infrastructure protection access control, ID, perimeter security , as well as diverse solutions and systems designed for law enforcement and defense.
New technologies have entered the market due to security trends and consumer habits. Increased demand in this sector accelerates supplier competition while driving more sophisticated buying decisions and interest in advanced solutions. The following tables provide the most recent estimates indicating the approximate market size for safety and security products and services in Mexico. Moreover, security is one of the most dynamic sectors of the economy. Since , sales of security systems and solutions have grown an average of 13 percent according to domestic industry figures, far outpacing growth in the overall economy.
However, in , market growth slowed mainly because of federal austerity programs and the redirection of budgets to social programs. With an uptick in violent crime and ongoing supply chain threats in recent years in Mexico, safety and security remain a constant concern for citizens, companies, and state governments. Security spending is an aspect of nearly all household and organization budgets.
In , some experts stated that the private security segment represents 2. The latest report, published in June , shows that 27 percent of homes had at least one victim of crime in the first semester of the year. At the individual level, Sales in this sector have grown across end user segments.
