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Physical security market trends detailed in new research report

Physical security market trends detailed in new research report

This report provides a growth rate of global physical security market, which is estimated to reach $112.43 billion by 2021, growing at the CAGR of 10.1% during 2017 to 2021. North America is projected to dominate the physical security market during the forecast period.

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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.

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.

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(U.S.), Cisco Systems, Inc. (U.S.), Tyco International Plc (Ireland), Bosch Security Systems, Inc. (Germany), ADT Corporation (U.S.), Genetec Inc.

(Canada), Honeywell International, Inc. (U.S.), Pelco (U.S.), Stanley Security (U.S.), and Senstar Corporation (Canada).

Target Audience on Physical Security Market such as Security Service Vendors, Security Solution Providers, System Integrators, Value-added Resellers, Distributers, Research Organizations, Security Agencies, Investors and Venture Capitalist, Security Management Service Provider, Security Equipment Providers.

Browse complete report on Physical Security Market spread across 156 pages, profiled 10 companies sharing details with 79 tables and 53 figures now available at
www.rnrmarketresearch.com/physical…rket-report.html

 

Key vendors profiled in the report are as follows:

  1. Anixter International Inc. (U.S.)
  2. Cisco Systems, Inc. (U.S.)
  3. Tyco International PLC (Ireland)

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Some Major Point from Table of Contents

5 Market Overview

5.1 Introduction

5.2 Market Segmentation

5.2.1 By Type

5.2.1.1 By System

5.2.1.2 By Service

5.2.2 By Vertical

5.2.3 By Region

5.3 Market Dynamics

5.3.1 Drivers

6 Physical Security Market, By Type

6.1 Introduction

6.2 System

6.2.1 Access Control

6.2.1.1 Biometrics

6.2.1.1.1 Fingerprint Recognition

6.2.1.1.2 Face Recognition

7 Physical Security Market, By Vertical

7.1 Introduction

7.2 Government, Defense & Public Sector

7.3 Transportation & Logistics

7.4 Telecom & IT

7.5 Banking, Financial Services, and Insurance

8 Regional Analysis

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia-Pacific

Breakdown of profiles of primaries is presented below:

  1. By Company Type: Tier 1-60%, Tier 2 -20%, and Tier 3-20%
  2. By Designation: C-level -30%, Director-level -40%, and Others -30%
  3. 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.

Browse related report

1)      Big Data Security Market by Software at www.rnrmarketresearch.com/big-data…arket-report.html

2)      Payment Security Market by Solution at www.rnrmarketresearch.com/payment-…arket-report.html

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