Physical Security Market Overview: A Detailed Report on Industry Dynamic


Posted October 12, 2023 by DelvensUSA

The physical security market size is projected to grow from USD 37.4 billion in 2021 to USD 48.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period.

 
The report also emphasized the issues that influence the global Physical Security Market including cost, market share, import, capacity utilization, gross margin, and supply. Moreover, the report also highlights the future scope of the global market for the upcoming period. Furthermore, the Physical Security Market Physical Security Market research report incorporates qualitative data to understand market dynamics, trends, and developments. It also offers top-notch insights into current trends and future estimations of the market.
Physical Security Market by Component (Systems and Services), System (PACS, Perimeter Intrusion Detection and Prevention Systems, PIAM, PSIM), Service (Managed and Professional), Organization Size, and Vertical and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Physical Security Market Overview
The physical security market size is projected to grow from USD 37.4 billion in 2021 to USD 48.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period.
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Rise in security breaches, fraud, and data identity thefts, surge in use of BYOD/ IoT devices, high demand for cloud-based physical security solutions and services, high volume of online transactions, increasing use of IP-based video surveillance camera systems, and stringent government regulations are some of the factors that have supported long-term expansion for Physical Security Market.
Physical Security Market Segmentation
Physical Security Market is segmented into components, systems, services, organization side, vertical and geography.

• Component segment is segmented into systems and services.
• Systems segment is segmented into PACS, video surveillance system, Perimeter Intrusion Detection and Prevention, PSIM, PIAM, Security Scanning, Imaging, and Metal Detection and fire & life safety.
• Services segment is segmented into managed service and professional service.
• Organization size segment is segmented into large enterprises and SMEs
• Vertical segment is segmented into BFSI, government, retail, transportation, residential, telecom and IT & ITES.
• Geographically, Physical Security Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
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Physical Security Market Competitive Landscape
Key players in Physical Security Market are
• ADT (US)
• Cisco (US)
• Honeywell (US)
• Johnson Controls (Ireland)
• TELUS (Canada)
• Anixter [WESCO] (US)
• Genetec (Canada)
• Bosch Building Technologies (Germany)
• STANLEY Security (US)
• GardaWorld (Canada)
• Convergint Technologies (US)
• Bell Canada (Canada)
• Paladin Security (Canada)
• DSC (US)
• DMP (US)Telsco (Canada)
• Axis Communication (Sweden)
• Hanwha Techwin America (US)
• FLIR Systems (US)
• Qolsys (US)
• Chubb Fire & Security (UK)
• Alarm.com (US)
• Avigilon (Canada)
• Tyco (Ireland)
• ICT (New Zealand)
• AMAG Technology (US)
• PTI Security Systems (US)
• Kantech (US)
• Feenics (Canada)
• Brivo (Canada)
• Exacq Technologies (US)
• SightLogix (US)
• Kairos (US)
• Immix (US)
• IOTAS (US)
• Verkada (US)
• Openpath (US)
• SmartCone Technologies (Canada)
• Cloudastructure (US)
• Qognify (US)

Reasons to Acquire Physical Security Market Report
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Physical Security market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Issued By Delvens
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Categories Business , Reports , Research
Last Updated October 12, 2023