Physical Security Market is expected to reach USD 185.68 Billion by 2026 from USD 70.3 Billion in 2016 at a CAGR of 10.2%. Physical security set are used to reduce unapproved access in offices, gear and assets thereby shielding work force as well as property from harm or other external damage. Physical security gives assurance from flame, surge, cataclysmic events, thievery, burglary and vandalism as well. Fear based domination to work force, equipment, programming, systems and information from physical activities in occasions that could harm an undertaking, office or establishment has further led to increasing in demand for Physical Security Market. Based on components, Physical Security Market has been segmented into hardware, software and services. For the end user segment,Physical Security Market is categorized as banking & finance, commercial, education, government, healthcare, manufacturing & industrial among others. Technological development in physical security solutions such as video surveillance will act as a major driver for Physical Security Market. However, integration of logical and physical components of security is expected to restrict overall growth of Physical Security Market. North America formed one of the largest regions in 2016 with factor such as rising need for security against increasing terrorist activities in this region acting as a major factor for overall growth. APAC is expected to grow at one of the fastest rate during forecast period. Growth of Physical Security Market in both developed and emerging economies can be attributed to rise in investments by big and small organizations for physical security measure in that region as well. Key Highlights: • Physical Security Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Physical Security Market. • Physical Security Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Physical Security Market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study. • Physical Security Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Physical Security Market are also profiled. Research Methodology Bloomberg, Factiva and Hoovers are some of the sites that are being referred to gain insights about Physical Security Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to Physical Security Market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Physical Security Market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Physical Security Market globally.
Some of the crucial players operating in the Physical Security market are as follows:
• ADT LLC DBA ADT Security Services • SECOM Plc • Pelco • Johnson Controls International plc • Bosch Sicherheits system GMBH • Stanley Security Solutions, Inc. • Axis Communications AB • G4S Secure Integration • Hangzhou Hikvision Digital Technology CO., LTD. Key Target Audience • Physical Security market Investors • Security Equipment Provide • Security Solution Providers • Security Agencies • Security Service Vendors • Research and Consulting Firms • System Integrators and Value-added Resellers • Security Management Service Provider • Physical Security market Distributers • Investors and Venture Capitalist Years considered to estimate the market size of the Physical Security market have been mentioned below: • Base year-2016 • Estimated year-2017 • Forecast year- 2017 to 2026
Scope of the report:
This research report segments the Physical Security market based on component, end-user and geography.
Physical Security Market, By Component
• Hardware • Software • Services
Physical Security Market, By End User
• Banking & Finance • Commercial • Education • Government • Healthcare • Manufacturing & Industrial • Residential • Retail • Sports & Leisure • Transportation • Utilities & Energy
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Report Published by: Maximize Market Research