Global Physical Security Market Analysis - 2018-2028
Physical Security is defined as the protection of information-related assets, personnel devices, hard-drives, computers, organization’s assets, and property from physical actions that could cause damage. Physical security describes the measures to protect the assets from real-world threats and crimes. The global physical security market is anticipated to achieve a CAGR of 8.03% across the globe over the forecast period, i.e. 2020-2028. Factors such as increasing scope of IoT in enabling data protection through innovative connected networks of physical security system and the increasing spending by government bodies worldwide on installation of new physical security systems, such as video surveillance, access control & others in government offices & public facilities is further anticipated to provide growth opportunities to the global physical security market. Additionally, growing demand for the security and surveillance of the smart cities is anticipated to be one of the major driving factors for the growth of the global physical security market.
The global physical security market consists of various segments that are segmented by component, organization size, vertical and by region. The component segment is sub-divided into system and services. The system segment is further sub-divided into video surveillance system, physical access control system, perimeter intrusion detection & prevention, security scanning, imaging & metal detection, fire & life safety and others. Among these segments, the video surveillance system held a market value of around USD 27000 million in the year 2018 and is further expected to cross a value of around USD 55000 million by the end of 2028 by growing at a CAGR of around 7.6% throughout the forecast period.
Based on region, the global physical security market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific held a market value of around USD 16000 million in the year 2018 and is expected to garner a value of around USD 40000 million by the end of 2028 by registering a CAGR of around 9.5% throughout the forecast period.
Some of the affluent industry leaders in the global physical security market are Bosch Sicherheitssysteme Gmbh, Axis Communications AB, Honeywell International Inc., Cisco Systems, Inc., Johnson Controls International PLC, Secom Co., Ltd., Genetec Inc., Zhejiang Dahua Technology Co., Ltd., Securitas AB and Prosegur Compania De Seguridad, SA.
Physical Security is defined as the protection of information-related assets, personnel devices, hard-drives, computers, organization’s assets, and property from physical actions that could cause damage. Physical security describes the measures to protect the assets from real-world threats and crimes. The global physical security market is anticipated to achieve a CAGR of 8.03% across the globe over the forecast period, i.e. 2020-2028. Factors such as increasing scope of IoT in enabling data protection through innovative connected networks of physical security system and the increasing spending by government bodies worldwide on installation of new physical security systems, such as video surveillance, access control & others in government offices & public facilities is further anticipated to provide growth opportunities to the global physical security market. Additionally, growing demand for the security and surveillance of the smart cities is anticipated to be one of the major driving factors for the growth of the global physical security market.
The global physical security market consists of various segments that are segmented by component, organization size, vertical and by region. The component segment is sub-divided into system and services. The system segment is further sub-divided into video surveillance system, physical access control system, perimeter intrusion detection & prevention, security scanning, imaging & metal detection, fire & life safety and others. Among these segments, the video surveillance system held a market value of around USD 27000 million in the year 2018 and is further expected to cross a value of around USD 55000 million by the end of 2028 by growing at a CAGR of around 7.6% throughout the forecast period.
Based on region, the global physical security market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific held a market value of around USD 16000 million in the year 2018 and is expected to garner a value of around USD 40000 million by the end of 2028 by registering a CAGR of around 9.5% throughout the forecast period.
Some of the affluent industry leaders in the global physical security market are Bosch Sicherheitssysteme Gmbh, Axis Communications AB, Honeywell International Inc., Cisco Systems, Inc., Johnson Controls International PLC, Secom Co., Ltd., Genetec Inc., Zhejiang Dahua Technology Co., Ltd., Securitas AB and Prosegur Compania De Seguridad, SA.
Table of Contents
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Variables (Dependent and Independent)
2.2. Multi Factor Based Sensitivity Model
3. Executive Summary- Global Physical Security Market
4. Market Dynamics
41. Drivers
4.2. Challenges
4.3. Opportunities
4.4. Trends
5. Assessment of Impact of COVID-19 on Physical Security Market
6. Assessment of Opportunities and Spending For Physical Security Based on-
6.1. Systems
6.2. Services
7. Global Physical Security Market Outlook
7.1. Market Size and Forecast, 2018-2028
7.1.1. By Value (USD Million)
- By Component
- System, 2018-2028F (USD Million)
- Vide- Surveillance System, 2018-2028F (USD Million)
- Cameras, 2018-2028F (USD Million)
- Analog Cameras, 2018-2028F (USD Million)
- IP Cameras, 2018-2028F (USD Million)
- Recorders, 2018-2028F (USD Million)
- Network Vide- Recorders, 2018-2028F (USD Million)
- Digital Vide- Recorders, 2018-2028F (USD Million)
- Physical Access Control System, 2018-2028F (USD Million)
- Biometrics, 2018-2028F (USD Million)
- Fingerprint Recognition, 2018-2028F (USD Million)
- Facial Recognition, 2018-2028F (USD Million)
- Others, 2018-2028F (USD Million)
- Locks, 2018-2028F (USD Million)
- Mechanical Locks, 2018-2028F (USD Million)
- Electronic Locks, 2018-2028F (USD Million)
- Smart Cards and Readers, 2018-2028F (USD Million)
- Perimeter Intrusion Detection and Prevention, 2018-2028F (USD Million)
- Security Scanning, Imaging, and Metal Detection, 2018-2028F (USD Million)
- Fire and Life Safety, 2018-2028F (USD Million)
- Others, 2018-2028F (USD Million)
- Services, 2018-2028F (USD Million)
- Access Control as a Service, 2018-2028F (USD Million)
- Vide- Surveillance as a Service, 2018-2028F (USD Million)
- Remote Monitoring Service, 2018-2028F (USD Million)
- Security Systems Integration Services, 2018-2028F (USD Million)
- By Organization Size
- Small and Medium Enterprises (SMEs), 2018-2028F (USD Million)
- Large Enterprises, 2018-2028F (USD Million)
- By Vertical
- Government and Defense
- Global Manned Guarding Market, 2018-2028F (USD Million)
- By Region
- North America, 2018-2028F (USD Million)
- By Component
- By Organization Size
- By Vertical
- By Country
- North America Manned Guarding Market, 2018-2028F (USD Million)
- Mechanical Locks, 2018-2028F (USD Million)
- Electronic Locks, 2018-2028F (USD Million)
- Smart Cards and Readers, 2018-2028F (USD Million)
- Perimeter Intrusion Detection and Prevention, 2018-2028F (USD Million)
- Security Scanning, Imaging, and Metal Detection, 2018-2028F (USD Million)
- Fire and Life Safety, 2018-2028F (USD Million)
- Others, 2018-2028F (USD Million)
- Services, 2018-2028F (USD Million)
- Access Control as a Service, 2018-2028F (USD Million)
- Vide- Surveillance as a Service, 2018-2028F (USD Million)
- Remote Monitoring Service, 2018-2028F (USD Million)
- Security Systems Integration Services, 2018-2028F (USD Million)
- By Organization Size
- By Vertical
- By Country
- Germany, 2018-2028F (USD Million)
- UK, 2018-2028F (USD Million)
- France, 2018-2028F (USD Million)
- Italy, 2018-2028F (USD Million)
- Spain, 2018-2028F (USD Million)
- Benelux, 2018-2028F (USD Million)
- Nordic, 2018-2028F (USD Million)
- Hungary, 2018-2028F (USD Million)
- Poland, 2018-2028F (USD Million)
- Turkey, 2018-2028F (USD Million)
- Rest of Europe, 2018-2028F (USD Million)
- Europe Manned Guarding Market, 2018-2028F (USD Million)
- Asia-Pacific, 2018-2028F (USD Million)
- By Component
- By Organization Size
- By Vertical
- By Country
- China, 2018-2028F (USD Million)
- India, 2018-2028F (USD Million)
- Japan, 2018-2028F (USD Million)
- South Korea, 2018-2028F (USD Million)
- Indonesia, 2018-2028F (USD Million)
- Singapore, 2018-2028F (USD Million)
- Malaysia, 2018-2028F (USD Million)
- Rest of Asia-Pacific, 2018-2028F (USD Million)
- Asia-Pacific Manned Guarding Market, 2018-2028F (USD Million)
- Latin America, 2018-2028F (USD Million)
- By Component
- By Organization Size
- By Vertical
- By Country
- Brazil, 2018-2028F (USD Million)
- Mexico, 2018-2028F (USD Million)
- Argentina, 2018-2028F (USD Million)
- Rest of Latin America, 2018-2028F (USD Million)
- Latin America Manned Guarding Market, 2018-2028F (USD Million)
- Middle East & Africa, 2018-2028F (USD Million)
- By Component
- By Organization Size
- By Vertical
- By Country
- South Africa, 2018-2028F (USD Million)
- GCC, 2018-2028F (USD Million)
- Israel, 2018-2028F (USD Million)
- Rest of Middle East & Africa, 2018-2028F (USD Million)
- Middle East & Africa Manned Guarding Market, 2018-2028F (USD Million)
8. Competitive Landscape
8.1. Bosch Building Technologies
8.2. Honeywell International Inc.
8.3. Cisc- Systems Inc.
8.4. Johnson Control International PLC
8.5. Secom Co. Ltd.
8.6. Genetec Inc.
8.7. Axis Communications
8.8. Zhejiang Dahua Technology Co. Ltd
8.9. Securitas AB
8.10. Prosegur Compania De Segurida SA
8.11. Global Security Logistics
8.12. ADT Security Systems
8.13. Anixter, Inc.
8.14. ISS Facility Services
8.15. CBRE Group, Inc.
8.16. Compass Group PLC
8.17. Trane Technologies PLC
8.18. EMCOR Group, Inc.
8.19. Gradaworld Corporation
8.20. G4S PLC
Companies Mentioned
- Bosch Sicherheitssysteme Gmbh
- Axis Communications AB
- Honeywell International Inc.
- Cisco Systems Inc.
- Johnson Controls International PLC
- Secom Co. Ltd.
- Genetec Inc.
- Zhejiang Dahua Technology Co. Ltd.
- Securitas AB
- Prosegur Compania De Seguridad SA
