Global Physical Security Market

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Global Physical Security Market Research Report
By Forecast 2022
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2022
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Global Physical Security Market Forecast To 2022
Global Physical Security Market Forecast To 2022
Physical security defines the security measures
that are designed to protect the property from
any attacks and to terminate unauthorized access.
Physical security is a wide-ranging term which
includes CCTV surveillance, protective barriers,
access control protocols, security guards, locks,
security scanning, metal detection, and other
techniques. According to Market Research Future,
the global physical security market has improved
by the increasing demand for security measures
against terrorism and for controlling the
commercial assets. In addition to these factors,
growing usage of IoT and development of smart
transportation systems to trace the location of
automobiles is also driving the physical security
market.
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Global Physical Security Market Forecast To 2022
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Global Physical Security Market Forecast To
2022

• The overall rise in security breaches is urging
  companies to shift from a traditional security
  system to an advanced logical security system.
  The technological progress is contributing to the
  development of cost-effective security systems
  that are in demand globally, boosting the
  physical security market. The amalgamation of
  logical and physical components of security is a
  challenge faced by the physical security market.
  The increasing implementation of cloud computing
  solutions in organizations, increasing
  automation, and integrated approach in the
  business process is projected to trigger the
  application of system integration solutions,
  subsequently driving the market forward.
• The global physical security market is assessed
  to grow at USD 120 Billion by 2022, at 10 of
  CAGR between the forecast period of 2016 and 2022.

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Global Physical Security Market Forecast To 2022
Global Global Physical Security Market Segmented
on the basis of
The global physical security market is segmented
by type, industry, and region. Physical security
market by type, into System and Service.
Sub-segments under system are access control
protocols, biometric systems, locks, video
surveillance, physical security information
management, security, scanning, metal detection,
and fire life safety. Sub-segments under
service are maintenance support, designing
consulting, system integration. Physical security
market by industry is segmented into defense
public sector, government, transportation
logistics, IT telecom, BFSI, education, retail,
oil, gas energy, hospitality, and others. The
global physical security market is segmented by
region, into North America, Europe, Asia Pacific,
and the rest of the world. Access control segment
is considered to be the fastest growing segment
in the physical security market in the forecast
period. Its growth can be contributed to factors
such as the rise in industrialization and
security breaches. Video surveillance also has a
high demand in commercial, financial,
infrastructural and institutional sectors due to
its ability to monitor, reduce and deter illegal
activities
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Global Physical Security Market Forecast To 2022
Global Global Physical Security Market -
Geographical Analysis
North America has the leading the global physical
security market and initiatives taken by the
government against terrorist attacks and illegal
immigration are essential factors driving the
market in this region. The presence of key
players of the global physical security market
also adds value to the regional market share.
Asia Pacific region is predicted to show fast and
substantial growth, owing to the economic growth
in developing countries, introduction of
regulatory reforms by government and rise in
investments by SMEs and leading enterprises in
security solutions. Maximum progress is expected
from countries like China, Japan, and South Korea
during the forecast period
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Global Physical Security Market Forecast To 2022
Global Global Physical Security Market -
Competitive Analysis

• The crucial players in the physical security
  market are Anixter International Inc. (U.S.),
  Cisco Systems, Inc. (U.S.), ADT Corporation
  (U.S.), Honeywell International, Inc. (U.S.),
  Pelco (U.S.), Stanley Security (U.S.), Senstar
  Corporation (Canada), Genetec Inc. (Canada), Tyco
  International Plc (Ireland), Bosch Security
  Systems, Inc. (Germany), among others.
• Industry Updates
• As noted in March 2019, IT integrators are
  entering the physical security market to provide
  advanced security services.

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