The study reveals that physical security is trending in North America region. The physical security market is driven by the innovation and advancements in security systems to make more advanced and cost effective security systems. A recent trend in IoT and smart technologies is boosting the physical security market.
The study indicates that the increasing security concerns against the terrorist attacks and illegal activities is a key driver for Physical Security Market. The study indicates a trend of high usage of UHD video surveillance, SSDs & HDD and IP networking for physical security. The study reveals that the combination of logical and physical security solution results as a limitation to the physical security market.
The physical security market is growing rapidly over 10% of CAGR and is expected to reach at USD ~120 billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Physical Security Market Research Report -Forecast to 2022”.
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The prominent players in the physical security market are – Cisco Systems, Inc. (U.S.), Anixter International Inc. (U.S.), Tyco International Plc (Ireland), Bosch Security Systems, Inc. (Germany), ADT Corporation (U.S.), Genetec Inc. (Canada), Honeywell International, Inc. (U.S.), Pelco (U.S.), Stanley Security (U.S.), Senstar Corporation (Canada), among others
Physical Security Market Segmentation
The physical security market has been segmented on the basis of type, industry and region. Looking through the industry segment it has been observed that retail sector has shown a substantial increase in physical security market and holds the largest market share. The study indicates that the other sectors like transportation and logistics would show a positive growth in the physical security market.
Market Research Analysis:
On geographic basis, physical security market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of World. It has been observed that North America region is leading in the physical security market. North America is expected to grow with a high rate as well as hold the largest market share in the physical security market. In the North America region due to the political changes there has been a major focus onto the security concerns against the terrorist activities. Many technological advancements and strict government rules are being passed in the North America region for the illegal immigration and other illegal activities. The study shows that European region has a positive growth in the physical security market. The developing economies in Asia-Pacific regions like China, Japan and others are showing high adoption in the physical security systems.
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- Software investors
- Security solution vendors
- Physical Security service providers
- Value-added Resellers
- Investors and Venture Capitalist
- Security Management Service Provider
- Security Equipment Providers
- Security Agencies
- System Integrators
- Research/Consultancy firms
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