Global Physical Security Market – Size, Outlook, Trends and Forecast (2024

Global Physical Security Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Physical security is the protection of personnel, software, hardware, networks, and data from physical actions and events that could cause serious loss or damage to an enterprise, agency or institution. This includes protection from fire, flood, natural disasters, theft and some others. Increasing use of internet of things, growing incidents of terror attacks and need to protect business assets, employees and customers are the key factors that are boosting the market growth.

Global Physical Security Market Segments Size & Growth:

Global Physical Security Market size is projected to reach approximately $112.43 billion by the end of 2024 with a CAGR of close to 10.1% from $69.63 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Physical Security Market are increasing use of internet of things, growing incidents of terror attacks and need to protect business assets, employees, and customers. However, the limited use of advanced

Global Physical Security Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

technologies and lack of synergy among security solutions are hampering the growth of the market.

Global Physical Security Market Segments Share:

Global Physical Security Market is segmented on the basis of type which comprises of a system that further consists of access control, video surveillance, perimeter intrusion detection & prevention, physical security information management and security scanning, imaging & metal detection and service which further consists of maintenance & support, designing & consulting and system integration. By application, the market is segmented into transportation & logistics, government, defence & public sector, telecom & IT, education, BFSI, hospitality & residential, oil, gas & energy and retail. By Geography, North America contributes the largest share in the market, and Asia Pacific would witness promising CAGR during the forecast period.

Global Physical Security Market Trends:

Cisco has a new technology of Software Defined Networking that delivers speed and agility when you establish new applications and business services.
The new galaxy dimension security, a multi-dimensional security innovation by Honey well International.
Bosch delivers connected systems for residential and business automation with the G450 gateway.

Global Physical Security Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the Global Physical Security Market are:

Cisco Systems, Inc.
Anixter International Inc.
Tyco International PLC
Genetec Inc.
ADT Corporation

business services. The new

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Global Physical Security Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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