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Physical Security Market 2020-2025: ADT Inc, Bosch Building Technologies, Cisco Systems, Inc, Honeywell International Inc, Johnson Controls International plc, Anixter International Inc and Others.

08-07-2020 11:22 AM CET | IT, New Media & Software

Press release from: ReportsandReports

According to Market Study Report, Physical Security Market provides a comprehensive analysis of the Physical Security Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.

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The Physical Security Market is projected to grow from USD 93.5 Billion in 2020 to USD 120.3 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.2% from 2020 to 2025.

Top Companies Profiled in the Physical Security Market:
• ADT Inc. (US)
• Bosch Building Technologies (Germany)
• Cisco Systems Inc. (US)
• Honeywell International Inc. (US)
• Johnson Controls International plc (US)
• Anixter International Inc. (US)
• Genetec (Canada)
• Secom Co. Ltd (Japan)
• G4S plc (UK)
• Pelco by Schneider Electric (US)
• Zhejiang Dahua Technology Co. Ltd. (US)
• Kastle Systems (US)
• Hikvision Digital Technology Co.Ltd. (China)
• STANLEY Convergent Security Solutions Inc. (US)
• Axis Communications (Sweden)

The services segment is projected to lead the physical security market during the forecast period. Physical security services play a vital role in enhancing the existing video surveillance system by integrating digital video surveillance with network and IT systems. This integration enhances property safety and reduces loss from thefts.

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The large enterprises segment is expected to lead the physical security market in 2020. These enterprises were the early adopters of physical security solutions and services, as they have larger revenue pool to spend and a larger infrastructure to be protected.

Business and recreational travelers demand safe and secure hotel accommodation with responsive and friendly customer service. The residential segment faces the challenge to manage security without violating the privacy of their guests, comfort, and travel experiences.In residential premises, the implementation of access control and video surveillance security systems is growing.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C-level – 45%, Directors – 30%, and Others – 25%
• By Region: North America – 35%,Europe– 20%, Asia Pacific– 30%,and RoW – 15%

Competitive Landscape of Physical Security Market:
1 Overview
2 Competitive Situation And Trends
2.1 New Product Launches
2.2 Agreements, Collaborations, And Partnerships
2.3 Mergers And Acquisitions
2.4 Business Expansions
3 Revenue Analysis Of Top Market Players
4 Key Players In The Market

Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall physical security market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies.

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