Physical Security Market is Poised to Exhibit A Moderate CAGR of 8.92% to touch USD 293.86 billion During 2018 – 2025 | Global Key players - Honeywell International, ADT LLC, Siemens AG, Cisco Systems, Hangzhou Hikvision, Robert Bosch, Genetec, Pelco

Global Physical Security Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2025.

Global Physical Security Market Overview:

As per the projections of the Market Analyst, The Global Physical Security market was valued at USD 136.2 billion in 2016 and is expected to reach USD 293.86 billion by 2025 at a Compound Annual Growth Rate (CAGR) more than 8.92% over the forecast period 2018-2025.

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Physical security is the protection of personnel, hardware, software, networks, and data from physical actions and events that could cause serious loss or damage to an enterprise, agency or institution. This includes protection from burglary, fire, natural disasters, terrorism, flood, vandalism, and theft.

Factors such as increasing expenditure on the security of critical infrastructure by organizations, adoption of Internet of Things (IoT) & cloud-based data storages and technological developments in video surveillance are expected to contribute to the physical security market growth. The physical security market is projected to witness healthy growth owing to the increasing need for security to the environment aimed to deter or mitigate the threat.

On the Basis of Hardware, The access control system segment is estimated to lead the physical security market between 2018 and 20265. The increasing use of access control systems, especially in the critical infrastructure zones to protect organizational assets is expected to boost the growth of the segment.

Among Vertical Segment, The retail segment is estimated to dominate the physical security market during forecast period, owing to increasing adoption of physical security solutions by retailers to enhance level of access control to prevent theft as well as protect employees & shopkeepers from violence & harassment in the store premise.

Regionally, North America is the leading region across the world.in terms of market share. The growth of this segment can be attributed to the increasing need for security against terrorist activities, stringent government regulations for safety & security, rising illegal immigration, and technological developments in physical security solutions. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

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Market players of Physical Security Market:

1 Honeywell International Inc.

2 ADT LLC

3 Siemens AG

4 Cisco Systems Inc

5 Hangzhou Hikvision Digital Technology Co., Ltd

6 Robert Bosch GmbH

7 Genetec Inc.

8 Pelco

9 Johnson Control International Plc

10 IDEMIA and so on.

The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

The Physical Security market is segmented into:

Physical Security market By Regions:

1 North America Country (United States, Canada)

2 Asia Country (China, Japan, India, Korea)

3 Europe Country (Germany, UK)

4 Rest of the World

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Physical Security market by Component:

1 Services

2 Software

3 Hardware

Physical Security market by Services:

1 Remote Monitoring

2 System Integration

3 Others

Physical Security market By End-Use Vertical:

1 Banking & Financial Services

2 Transportation

3 Commercial

4 Government

5 Utility & Energy

6 Residential

7 Retail

8 Industrial

9 Hospitals

10 Others

Key Questions Answered in this Report:

1 What will the market size be in 2025?

2 What are the key factors driving the Physical Security Market?

3 What are the challenges to market growth?

4 Who are the key players in the Physical Security Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Physical Security Market Definition and Scope

2 Research Methodology

3 Executive Summary

4 Physical Security Market by Component

5 Physical Security Market, By Hardware

6 Physical Security Market, by Services

7 Physical Security Market, By Vertical

8 Physical Security Market, by Regional Analysis

9 Competitive Intelligence

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