Physical Security Market Report Highlights Positive Growth in the United States Forecasted for 2016-2021

Albany, New York, December 14, 2016: A recent report focusing on the physical security market, especially, in the United States has been added to the vast archive of Market Research Hub (MRH). The report is titled as “United States Physical Security Market Report 2016” which provides an in-depth analysis of the current market status and also focuses on the top players in addition to sales, price, revenue and market share forecasted till 2021. According to the study, rising demand, growing security threats and advancing technologies are expected to be the major driving factors for the market during the forecast period of 2016-2021.

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In the beginning, the report presents an overview of physical security to understand its scope along with several classifications and applications. Basically, it is the protection of personnel, hardware, software, networks and data from physical actions and events that could cause serious damage to an enterprise, agency or institutions. Physical security has
three important components: access control, surveillance and testing.
Further, the market has been classified in terms of:

• Aviation
• National Defense
• Civil

Today’s increasing level of cyber sophistication, successful exploitation of rogue malicious cyber-attacks and inability to protect internet protocol connected devices i.e. used for physical/logical systems from interception by unauthorized sources has compelled the U.S. federal government to introduce stronger methods of authentication & encryption for IP-connected devices. Now, governments have also increased the budget allocation for implementing physical security systems & solutions in order to ensure the security of their premises, assets and people. These factors are predictable to drive the growth of the physical security market in the coming years. Geographically, North America has accounted for over 30% of the global physical security market in 2013 and the U.S. is estimated to have been the largest market for intrusion equipment accounting for 37% of global revenues in 2014 with total sales of $1.1 billion.

Here is a list of the key vendors who provides safety toward these threats:

• Axis Communications
• FLIR Systems
• Cisco Systems
• Bosch Security Systems
• Checkpoint Systems
• Crossmatch
• Honeywell Security
• Csc
• Tyco Security
• Anixter International
• EMC Corporation
• Genetec
• Panasonic
• Hewlett-Packard
• Hikvision Digital
• IBM
• Lockheed Martin
• Schneider Electric
• Siemens

Browse Full Report with TOC: http://www.marketresearchhub.com/report/united-states-physical-security-market-report-2016-report.html

These manufacturers are mentioned in precise detail in the report. As per the report findings, the above-listed manufacturers have now started developing products targeted at network-based technologies. In the end, manufacturing cost analysis, marketing strategy analysis, industrial chain, sourcing strategy and downstream buyers are also outlined.

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This release was published on openPR.