Market Analysis and Insights: Global Physical Security Market
Physical security is the protection of software, personnel, hardware, data, and networks from events that can cause damage to an organization. It helps enterprises by safeguarding them against fire, terrorism, vandalism, and theft. It can be done by using various physical security devices such as CCTV surveillance, access control protocols, intruder alarms, Video Surveillance as a Service (VSaaS), Access Control as a Service (ACaaS), and other similar techniques.
The global Physical Security market size is projected to reach US$ 102470 million by 2028, from US$ 74850 million in 2021, at a CAGR of 4.1% during 2022-2028.
North America is expected to lead the market, owing to rising need for security against increasing terrorist activities, illegal immigration, and criminal activities in the region. Furthermore, strict government regulations for safety & security and technological development in physical security solutions such as video surveillance are also fueling the growth of the market in North America. The physical security market in Asia-Pacific is projected to witness highest growth during the forecast period, due to the rising investments by big and small organizations for physical security measure. Furthermore, increasing demand for physical security solutions in growing economies like India, China, Australia, and Japan is also expected to boost the growth of physical security market in Asia-Pacific.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Physical Security market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Physical Security market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Physical Security market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Physical Security market.
Global Physical Security Scope and Market Size
Physical Security market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Physical Security market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Access Control System
Video Surveillance
Physical Security Information Management
Perimeter Intrusion Detection & Prevention
Security Scanning, Imaging & Metal Detection
Fire & Life Safety
Segment by Application
Government, Defense & Public Sector
Transportation & Logistics
Telecom & IT
BFSI
Education
Retail
Oil, Gas & Energy
Hospitality & Residential
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ADT
Hangzhou Hikvision Digital Technology
SECOM
Johnson Controls (Tyco)
Anixter
Cisco
Genetec
Honeywell
Bosch Security
Stanley
Senstar