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Physical Security Market


Global Physical Security Market size is projected to be valued $148 Billion by 2024; with a CAGR of 9.8% from 2017 to 2025. Physical security technological shifts comprise video displays, distributed public address en – PowerPoint PPT presentation

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Title: Physical Security Market

Global Physical Security Market 2017 2025
  • Published by Accurize Market Research Pvt. Ltd.

Global Physical Security Market is Estimated to
Reach 148 Billion by 2024
  • Global Physical Security Market report published
    by Accurize Market Research forecast that the
    global market is expected to reach 148 billion
    by 2024 growing at a CAGR of 9.8 from 2017 to
  • By geography, the Asia Pacific and North America
    are expected to grow at a CAGR of XX and XX,
    respectively, during the forecast period.
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Global Physical Security Market
  • Rising terror attacks globally fuels the growth
    of the market
  • Rising terror attacks and expenditure on the
    security of important infrastructure such as
    government headquarters, airports, banks, trade
    centers, data centers, enterprise facilities,
    and advanced technology along with cost-effective
    security systems are some of the factors driving
    the physical security market.
  • Though, the restricted use of advanced
    technologies and lack of synergy between security
    solutions may limit the growth of the market.
    Additionally, the current development of smart
    cities and technological advancements in video
    surveillance would provide several opportunities
    in the coming years.

Market Segmentation
  • The global physical security market is split into
    type, industry vertical and geography. By type,
    the market is segmented into systems and
    services. The system segment is further
    bifurcated into access control, video
    surveillance, physical security information
    management, perimeter intrusion detection
    prevention, security scanning, imaging metal
    detection, and fire life safety.
  • Services are sub-segmented as system integration,
    maintenance support, designing consulting. By
    industry vertical, the segmentations are
    government, defense public sector, BFSI,
    education, retail, telecom IT, oil, gas
    energy, transportation logistics, hospitality
    residential, and others.

Market Segmentation
  • North America, Europe, Asia-Pacific and Rest of
    the world (RoW) are the geographical segments of
    the market. North America is further bifurcated
    into countries namely U.S., Canada, and Mexico.
  • Europe covers countries like Russia, the U.K.,
    Germany, France, Italy and the Rest of Europe.
    Asia-Pacific countries include China, India,
    Japan, South Korea and Rest of Asia Pacific. Rest
    of the World (RoW) covers South America, Africa,
    and the Middle East.
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Market Segmentation
  • "Systems accounted for the largest market share
    in the type segment", says Accurize
  • Systems dominated the type segment accounting for
    more than 60 of the global market share in 2017.
  • However, the services segment is expected to grow
    at the fastest CAGR during the forecast period
    2017 2025.
  • Government, defense public sector dominated the
    industry vertical segment with around 25 market

Market Segmentation
  • "North America dominated the global market with
    the highest market share over the forecast
    period", says Accurize
  • North America and Europe accounted for the
    majority of the market share with 37.4 and
    26.3, respectively in 2017.
  • Moreover, in terms of growth, Asia-Pacific is
    expected to grow with the fastest CAGR of 12.1
    during the forecast period 2017 to 2025, driven
    by the high rate of terror attacks and improved
    consumption of the Internet of Things (IoT).

Top players in the market
  • Major companies operating in the market include
  • Cisco Systems,
  • Bosch Security Systems, Inc.,
  • Tyco International Plc.,
  • Honeywell International, Inc.,
  • Pelco, Anixter International Inc.,
  • Stanley Security Solutions Limited,
  • ADT Corporation,
  • Senstar Corporation
  • Genetec Inc

Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE-411057
  • Email
  • Contact No 1-339-368-6383