The Security market in Tanzania is anticipated to witness a substantial growth in revenue, projected to reach US$15.6m in 2024.

This growth is expected to continue with an annual growth rate of 16.77% from 2024 to 2028, resulting in a projected market volume of US$29.1m by 2028.

In terms of market penetration, the number of active households in Tanzania's Security market is predicted to reach 462.5k users by 2028.

The household penetration rate is expected to increase from 1.8% in 2024 to 3.0% by 2028.

The average revenue per installed Smart_Home in Tanzania's Security market is currently estimated to be US$65.75.

When comparing the global market, it is evident that in the United States generates the highest revenue in the Security market, with a staggering US$6,883.0m in 2024.

Tanzania is experiencing an increase in demand for advanced security technologies to combat rising crime rates.