Physical Security Market to Reach A CAGR of 7.63% By The Year 2029

Global physical security market was valued at USD 112.20 billion in 2021 and is expected to reach USD 202.05 billion by 2029, registering a CAGR of 7.63% during the forecast period of 2022-2029.

Key Pointers Covered in Physical Security Market Industry Trends and Forecast to 2029

Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Regulatory Framework and Changes
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study

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Benefits of Considering this Report

This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
A complete picture of the competitive scenario of Physical Security Market is depicted by this report.
The report consists of a vast amount of data about the recent product and technological developments in the markets.
The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Physical Security Market Scope and Market Size

The physical security market is segmented on the basis of component, systems type, service type, organization size and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

Systems
Services

System Type

Physical Access Control System (PACS)
Video Surveillance System
Perimeter Intrusion Detection and Prevention
Physical Security Information Management (PSIM)
Physical Identity and Access Management (PIAM)
Security Scanning
Imaging, and Metal Detection
Fire and Life Safety

Service Type

Access Control as a Service (ACaaS)
Video Surveillance as a Service (VSaaS)
Remote Monitoring Services
Security Systems Integration Services

Organization Size

SMEs
Large Enterprises

Vertical

Banking, Financial Services and Insurance (BFSI)
Government
Retail
Transportation
Residential
Telecom and Information Technology (I.T.)
Others

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Some of the key questions answered in this report:

How has the Physical Security Market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the injury location?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Physical Security Market and who are the key players?
What is the degree of competition in the industry?

Market Analysis and Insights: Physical Security Market

Physical security methods are used to protect equipment and structures. To keep technology and data secure, physical security breaches and dangers must also be avoided in addition to network and cyber security. The workers and professors who have access to the building likewise hold this to be true.
Physical security refers to the kind of security service that helps safeguard information, hardware, software, people, and networks from physical attacks and other incidents that could seriously hurt any business or government organization. The structure is guarded against terrorism, fire, robbery, natural calamities, and vandalism. The system comprises several interconnected layers including CCTV cameras, security guards, locks, access control protocols, barriers, and other similar tools.
The number of data breaches are increasing rapidly all across organizations. Large scale organizations are heavily investing in centralized data safety and security solutions. This has widened the scope of growth for the market. Growing shift towards cloud-based data platforms to manage and mitigate data theft and cyber security issues is bolstering the growth rate of the market in a sharp upward direction.
Any surveillance systems are frequently considered an invasion of privacy and are opposed by various civil liberties groups and activists at locations such as roads, parking lots, parks, transportation modes, retail establishments, financial institutions, and offices. Since consumers expect their personal information to be used exclusively for legal and defined purposes, there have been concerns about who views the video and how it might be used or exploited.

Physical Security Market Country Level Analysis

The countries covered in the physical security market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Physical Security Market Share Analysis

The physical security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to physical security market.

Key player Physical Security Market

ADT (U.S.)
Cisco Systems Inc. (U.S.)
Honeywell International Inc. (U.S.)
Johnson Controls (Ireland)
TELUS (Canada)
Anixter Inc. (U.S.)
Genetec Inc. (Canada)
Bosch Sicherheitssysteme GmbH (Germany)
HID Global (U.S.)
Pelco, Inc. (U.S.)
Hangzhou Hikvision Digital Technology Co., Ltd. (China)
Arthur J. Gallagher Co. (New Zealand)
SECOM CO., LTD. (Japan)
Allied Universal (U.S.)
Dahua Technology USA Inc. (U.S.)
STANLEY CONVERGENT SECURITY SOLUTIONS, INC. (U.S.)
Axis Communications AB. (Sweden)
Hanwha Techwin America. (U.S.)
Teledyne FLIR LLC (U.K.)
Hexagon AB (Sweden)

MAJOR TOC OF THE REPORT

Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Physical Security Market Share by Product Procedure Type

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