Physical Security Market Introduction:

Global physical security market is predicted to value over USD 270 billion by 2027 end and grow at a CAGR of over 7.5% during the forecast period 2020 to 2027.
National and state security are of paramount importance due to a rise in global terrorism and this is one of the major driving forces for the physical security market. Various industries like banking & finance, commercial, retail, etc. are implementing advanced security systems in their organizations. Integration of Internet of Things (IoT) using cloud computing and Internet Protocol (IP)- implemented cameras for video surveillance has also resulted in the growth of the market in recent years.

Based on the region, the global physical security market segmentation is Asia Pacific, North America, Europe and the rest of the world. Asia Pacific leads the physical security market due to its huge demand in residential and commercial spaces which are on a rise due to a rise in population in the region especially in countries like India and China. A rapid growth in the IT industry in these regions is also boosting the market further. North American region is also expected to witness a rise in the global market during the forecast period due to the integration of access control systems by large organizations which has become the new norm of security systems.

Based on the type of services, the market is segmented into security systems integration, video surveillance service, access control service and remote monitoring service. Security system integration is mainly implemented by big organizations as it is a multi-layered system which is affordable for tier 1 companies. Video surveillance service has also been a new security norm and with the advent of automated drones, this segment has also received a boost in recent years and will continue to do so during the forecast period. Access control is also a major security service that is implemented not only by tier 1 companies but also by SME’s which also makes it more prevalent among all the market segments. These factors are aiding market growth during the forecast period. 

Competitive Landscape:
•    ADT Inc.
•    Bosch Building Technologies
•    Cisco Systems
•    Honeywell International
•    Genetec
•    Johnson Controls International plc.
•    Secom Co. Ltd.

Physical Security Market Segmentation: 
By Service Type
•    Security Systems Integration Services
•    Video Surveillance Services
•    Access Control Services
•    Remote Monitoring Services

By System Type
•    Fire & Life Safety
•    Video Surveillance System 
•    Physical Identity & Access Management 
•    Perimeter Intrusion Detection & Prevention  
•    Physical Security Information Management  
•    Security Scanning Imaging & Metal Detection
•    Physical Access Control System 

By Industry Type
•    Residential
•    Banking & Financial industry
•    Transportation
•    Telecom and IT industry
•    Retail

By Region
•    Asia Pacific
•    North America
•    Europe
•    Rest of the World

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global physical security market by region, by service type, by industry type, by system type
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific and rest of the world
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics