Home » Business, Electronics & Semiconductors, Manufacturing & Industry, Marketing & Sales, Services » Physical Security Market Global Share, size, Trends and Growth, Business outlook And Segment Forecasts To 2020: Hexa Research
In Depth Research on growing concerns for safety & security and terrorist activities are the important factors driving the demand for physical security systems, worldwide. Rise in criminal activities have made security solutions more sophisticated as well as complicated which is expected to emerge the services sectors in “Physical Security Market”.

Security needs for personnel, hardware, information and network infrastructure has raised the need for innovative physical security products which is anticipated to grow the market. Adoption of sophisticated access control systems, internet protocol (IP) video network are going to the drive the growth of the physical security market. And monitoring technologies such as physical security information management (PSIM) is anticipated to impact the market growth positively in coming years. Governing bodies of various countries are also expected to become proactive in defining security protocols for industrial environments and workplaces.Lack of awareness is anticipated to hamper the market growth in coming years. However, strict regulations and security compliances issued by governments & international bodies offer the opportunity for the growth of this market over the forecast period.

Browse Detailed Report with TOC at:
http://www.hexaresearch.com/research-report/physical-security-industry/

Component Insights

Physical security is carried out through software, hardware and services. Physical Security Information Management (PSIM) software couples surveillance through camera and video management for security including with incident management system. Software development and processor power have increased the PSIM acceptance. Access Control includes biometric systems such as fingerprint recognition, face recognition, iris recognition; locks include mechanical locks & electronic locks; video surveillance includes CCTV and IP video surveillance system (IP video surveillance management software and video analytics software); physical security information management; screening & scanning; perimeter intrusion detection; safety & security includes alarm system and fire & life safety. These are the major physical security system components which are the combination of hardware and software.

Physical security systems deal with the services such as security consulting, public alerts, technical support, remote management services, public safety answering point (PSAP) and video surveillance as a service (VSaaS). VSaaS sector is expected to witness the fast growth over the forecast period due to provision of high level security, remote access, simplicity and low costs. In addition to that, lack of in-house resources is expected to drive the VSaaS demand among SMBs. System integration, designing & consulting and maintenance & support are the services provision in physical security market
is anticipated as market growth driving factor over forecast period.

Commercial Drone Market:
http://www.hexaresearch.com/research-report/commercial-drone-industry/

Biometrics Technology Market:
http://www.hexaresearch.com/research-report/biometrics-technology-industry/

Facial Recognition Market:
http://www.hexaresearch.com/research-report/facial-recognition-industry/


Application Insights

Transportation sector is expected to witness the high growth in application segment in coming years. BFSI solutions such as cash depots ATMs, data centers, corporate buildings and branch offices have the application of physical security market which is expected to drive the market. Increasing demand of high security as well as increasing compatibility of IT industry with the security market is anticipated to widen the scope of physical security applications. Compilation of IP based fire alarms with PSIM provides effective resource management. Government, public sector, & utilities, telecom & IT, transportation & logistics, education, defense & security and ports are the other application sectors of physical security market. Furthermore, rise in demand of cloud-based solutions is projected to be driven by real-time and cost effective payment analytics, expected to spur the market growth in coming years.

Regional Insights

Asia Pacific region is expected to witness the high growth in physical security market due to increasing criminal activities in the region. North American market is bound by considerable regulatory measures for adoption of security systems which is expected to grow the market in coming years. Complexity of vulnerabilities is expected to drive physical security management solutions demand in developed regions. Europe, Middle East, Africa and Latin America are the regions expected to witness the high growth in physical security market due to increasing terrorism activities in similar line with Asia Pacific.

Request a sample copy of this Report at:
http://www.hexaresearch.com/sample/197

Competitive Insights

Schneider Electric SA, Lockheed Martin, IBM, Hewlett-Packard, Honeywell International, Genetec, EMC Corporation, CSC, CISCO Systems, Inc, Anixter, NICE Systems Ltd., Axis Communications AB, McAfee Inc and Tyco International Ltd. are the key players operating in the physical security market concentrating on establishing a new component development initiatives and wide distribution network. Major physical security players also include Bosch Security Systems and Morpho S.A.

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Media Contact
Company Name: Hexa Research
Contact Person: Michelle Thoras and Ryan Shaw
Email: sales@hexaresearch.com
Phone: +1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexaresearch.com/research-report/physical-security-industry/

Comments are closed.