Recent research on Physical Security Market size, trends, analysis & forecast because increasing concern for safety and security is expected to drive the demand for physical security system market.
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Browse 79 market tables and 53 figures spread through 156 pages on "Physical Security Market"
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The ecosystem of the physical security market comprises physical security solutions and service providers, and system integrators. Key players in the physical security market include Anixter International Inc. (U.S.), Cisco Systems, Inc. (U.S.), Tyco International Plc (Ireland), Bosch Security Systems, Inc. (Germany), ADT Corporation (U.S.), Genetec Inc.
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The physical security market is estimated to grow from $69.63 Billion in 2016 to $112.43 Billion by 2021, at the CAGR of 10.1% during the forecast period.
Target Audience on Physical Security Market
- Security Service Vendors
- Security Solution Providers
- System Integrators
- Value-added Resellers
- Research Organizations
- Security Agencies
- Investors and Venture Capitalist
- Security Management Service Provider
- Security Equipment Providers
North America is projected to dominate the physical security market during the forecast period, owing to the high adoption of physical security solutions and services across various industries, such as transportation, commercial buildings, government & defense areas, and critical infrastructures, such as nuclear plants, chemical industries, and oil & gas facilities across the region. The Asia-Pacific physical security market is expected to witness highest growth during the forecast period, due to the increased incidences of terror attacks in this region.
Key vendors profiled in the report are as follows:
- Anixter International Inc. (U.S.)
- Cisco Systems, Inc. (U.S.)
- Tyco International PLC (Ireland)
Access complete research report on Physical Security Market by Type (System (Access Control, Video Surveillance, PSIM, Perimeter Intrusion Detection & Prevention, Security Scanning, Imaging & Metal Detection, Fire & Life Safety), & Service), Vertical, and Region - Global Forecast to 2021, now available at www.rnrmarketresearch.com/contacts…hase?rname=112878
Breakdown of profiles of primaries is presented below:
- By Company Type: Tier 1-60%, Tier 2 -20%, and Tier 3-20%
- By Designation: C-level -30%, Director-level -40%, and Others -30%
- By Region: North America-55%, Europe-25%, Asia-Pacific-20%
The growth of the market can be attributed to the increasing demand of physical security measure to protect against incidences of terror attack. Controlling access of personnel to protect the assets of business, employees and customers is considered as a critical factor for the growth of physical security market.
Increasing usage of internet of things (IoT) and smart technologies such as automobile tracking is influencing growth of physical security market.
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