Physical Security Services: Global Strategic Business Report

Global Physical Security Services Market to Reach $369 Billion by 2030

The global market for Physical Security Services estimated at US$167.7 Billion in the year 2022, is projected to reach a revised size of US$369 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2022-2030. Video Surveillance as a Service (VSaaS), one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$122.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Access Control as a Service (ACaaS) segment is readjusted to a revised 11.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $44.3 Billion, While China is Forecast to Grow at 13.5% CAGR

The Physical Security Services market in the U.S. is estimated at US$44.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$84.6 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 8.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Select Competitors (Total 13 Featured) -

• ADT
• Anixter
• Axis Communications
• Bosch Building Technologies
• Cisco
• Dahua Technology
• G4S
• Genetec
• Hikvision
• Honeywell
• Johnson Controls
• Kastle Systems
• Pelco
• SECOM
• STANLEY

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year