Press release
Emerging Evolution Global Physical Security Market in BFSI sector to grow at a CAGR of 8.79% By 2019
About Physical Security in BFSIPhysical security involves securing an organization's data, hardware, network, and processes that can be damaged by an external agency, which in turn can damage its brand value. There are a number of hardware devices and software that are being adopted by government organizations and enterprises to ensure the physical security of critical data and infrastructure. Increasing instances of criminal activities in recent years are a major reason for the high adoption of physical security measures.
Technavio's analysts forecast the global physical security market in BFSI sector to grow at a CAGR of 8.79% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global physical security market in BFSI sector for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of the following components:
Access control systems
Cloud-based services
Physical security software
Surveillance systems
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Based on geography, the market is segmented into the Americas, EMEA, and APAC.
It also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Technavio's report, Global Physical Security Market in BFSI Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APA, and EMEA; it also covers the global physical security market landscape in BFSI sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors
Axis Communications
Bosch Security Systems
Cisco Systems
Honeywell Security Group
NICE Systems
Tyco
Other Prominent Vendors
Arecont Vision
Assa Abloy
Avigilon
AxxonSoft
CNL Software
Genetec
H3C Technologies
March Networks
MOBOTIX
Panasonic
Safran
Salient Systems
Samsung Techwin
videoNEXT
VidSys
Market Driver
Rapid adoption of monitoring solutions
For a full, detailed list, view our report
Market Challenge
High TCO
For a full, detailed list, view our report
Market Trend
Adoption of IP-based video surveillance solutions
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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