|10-11-2018 08:30 PM CET - Business, Economy, Finances, Banking & Insurance||
Physical Security Market Industry Key Players - Anixter International, Cisco, Johnson Controls, Bosch Sicherheitssysteme GmbH, Honeywell and others
Press release from: Data Bridge Market Research
Global Physical Security Market report is a synopsis on the study of the Information and Communication Technology Industry which explains what the market definition, classifications, applications, engagements, and global industry trends are.
The report is a directly focuses on all the key players and brands as their moves can always make a difference when it comes to sales, import, export and revenue at a global level because of their recent developments, products launches, research, joint ventures, merges and acquisitions.
The report also takes the help of SWOT analysis when to come to finding all the drivers and restrains of the Physical Security Market, while also showing all the CAGR levels of historic year 2014, 2015, base year 2016 and forecast year 2017-2024.
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Global Physical Security Market, By Geography; Type (System, Service); Vertical (Government, Defense & Public Sector, Transportation & Logistics, Telecom & IT, Banking, Financial Services, & Insurance, Education, Retail, Oil, Gas & Energy, Hospitality & Residential) – Industry Trends and Forecast to 2024.
The global physical security market accounted for USD 70.11 billion in 2016 growing at a CAGR of 11.01% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Top Key Competitors:
• Anixter Inc.,
• Johnson Controls,
• Bosch Sicherheitssysteme GmbH.,
• ADT LLC,
• Genetec Inc.,
• Honeywell International Inc.,
• Stanley Security Solutions, Inc.,
• Senstar Corporation, and others
Physical Security information management has took place due to the increasing demand for centralized control and management of disparate devices among enterprises. It has been designed in order to ensure the physical protection of IT assets for instance equipment, personnel, and resources.
These measures are taken in order to protect the assets from vandalism, natural disasters, or theft. It is widely applicable in government, defense & public sector, transportation & logistics, telecom & IT, banking, financial services, & insurance, education, retail, oil, gas & energy, hospitality & residential.
Rise in incidences of terror attacks may act as a major driver in the growth of physical security market. On the other hand lack of cooperation among security solutions may hamper the market.
Major Market Drivers and Restraints:
• Rise in incidences of terror attacks
• Increased usage of internet of things (IoT)
• Need to protect business assets, employees, and customers
• Limited use of advanced technologies
• Lack of cooperation among security solutions
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On the basis of type
The system segment is further sub segmented into access control, video surveillance, physical security information management, perimeter intrusion detection & prevention, security scanning, imaging & metal detection, and fire & life safety.
The access control segment is further sub segmented into biometrics, locks, smart card & readers, and access control as a service (ACAAS).
The biometrics segment is further sub segmented into fingerprint recognition, face recognition, and others.
The locks segment is further sub segmented into mechanical locks, and electronic locks.
The video surveillance segment is further sub segmented into CCTV, IP video surveillance system, video analytics, and video surveillance as a service (VSAAS).
The security scanning, imaging & metal detection segment is further sub segmented into metal detectors, x-ray screening, and electronic inspection tools.
The service segment is further sub segmented into system integration, maintenance & support, and designing & consulting.
On the basis of vertical, the global physical security market is segmented into
• Defense & Public Sector,
• Transportation & Logistics,
• Telecom & IT,
• Financial services and Insurance,
• Retail, oil, gas & energy,
• Hospitality & Residential,
• and Others.
On the basis of geography,
• North America,
• South America,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Company Share Analysis:
The report for physical security market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
This release was published on openPR.
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