Physical Security Market
Global Physical Security Market Size, Share & Trends Analysis Report by System (Video Surveillance, Access & Entrance Control, Perimeter Intrusion Detection & Prevention, Consumer Video Surveillance, and Wireless Infrastructure), by Services (Remote Monitoring Services, and Security Systems Integration) and by Applications (BFSI, Commercial, Government, Residential, Transportation, and Others) Forecast Period (2022-2028). Update Available - Forecast 2024-2030
The global physical security market is anticipated to grow at a significant CAGR of 6.2% during the forecast period. The increasing crime rates and the rising terrorist activities have increased the concerns over the safety and security of assets, people, and processes. These growing attacks have taken to the loss of numerous human lives and extreme damage to infrastructure, highlighting the requirements for physical security solutions. However, organizations prioritize securing only critical servers and do not give much surveillance to resting data in the database. Thus, the deficiency of an adequate budget continues to be an important concern for physical security professionals to effectively conduct their IT security operations.
Impact of COVID-19 Pandemic on Global Physical Security Market
Growing attacks of theft and robbery during COVID-19 has instantly increased the demand for physical security, followed by other issues such as the growing need for surveillance involving physical security systems and services. Furthermore, many companies are still working in WFH and hybrid work models, the demand for physical security for security assessments is further expected to increase for effective security across the globe.
Segmental Outlook
The global physical security market is segmented based on the system, services and applications. Based on the system, the market is segmented into video surveillance, access & entrance control, perimeter intrusion detection & prevention, consumer video surveillance, and wireless infrastructure. Based on the services, the market is sub-segmented into the remote monitoring services, and security systems integration. Based on the applications, the market is sub-segmented into the BFSI, commercial, government, residential, transportation, and others. Among this system integration segment is expected to hold the major share during the forecast period due to factors such as new technologies, changing approach of customers toward security operations, demand for cost-effective physical security hardware, stringent regulatory compliance, and rapid growth of enterprises.
Global Physical Security Market Share by Retail, 2020 (%)
The Retail Segment is Expected to Hold the Prominent Share in the Global Physical Security Market.
The retail segment is expected to hold a prominent share in the global physical security market. Retail and e-commerce verticals are one of the largest verticals across the globe. This vertical includes various entities, such as online and offline retailers, manufacturers, distribution channels, and consumers. Earlier CCTV surveillance was major security compute in retail stores, which was utilized for only video surveillance to prevent theft issues. However, now, this surveillance system is being cooperative with strong video analytics systems. Modern video analytics can count people and also generate heat maps. These maps will support showing which parts of the store generate the most foot traffic. According to this product, placements can be developed and in-store traffic flows to encourage sales. These insights will support the retail industry to not only secure the premises but also upgrade profitability.
Regional Outlooks
The global physical security market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. Among this Asia Pacific region is expected to grow during the forecast period. The region is witnessing the large development of smart cities. Countries such as China has invested heavily in smart city programs.
Global Physical Security Market Growth, by Region 2021-2027
The North America Region Holds the Major Share in the Global Physical Security Market
The North American region is expected to hold the major share in the global physical security market due to the growing concerns for the protection of essential communication infrastructure and delicate data have increased government intervention in recent years. Several security-related regulatory compliances control the entire protection of the communication infrastructures in the region. The National Institute of Standards and Technology (NIST) encourages US organizations by providing regulatory standards to defend the critical infrastructures in organizations. The PCI-DSS, HIPAA, GLBA, SOX, and other regulatory compliances support organizations in protecting the sensitive data of their customers. North America is one of the most affected regions in the world by cyberattacks, particularly identity-related crimes; as a result, it has an excessive number of physical security solutions and service providers.
Market Players Outlook
The major companies serving the global physical security market include ADT, Allied Universal, Anixter, Inc., Arthur J. Gallagher & Co., Axis Communications AB., Bosch Sicherheitssysteme GmbH, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In November 2021, With the acquisition of SunPro solar, ADT has arrived into the rooftop solar business. ADT will rebrand SunPro solar to ‘ADT Solar’ and provide ADT customers protected and connected solar energy. Furthermore, In November 2021, ADT acquired DoorDash. ADT will offer mobile safety solutions to millions of utilizers on DoorDash SafeDash, an in-app safety toolkit that will be powered by ADT. This will enable users to receive the emergency services to their locations with easy professional support by voice or text.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global physical security market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Physical Security Market
• Recovery Scenario of Global Physical Security Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Physical Security Market by System
4.1.1. Video Surveillance
4.1.2. Access & Entrance Control
4.1.3. Perimeter Intrusion Detection & Prevention
4.1.4. Consumer Video Surveillance
4.1.5. Wireless Infrastructure
4.2. Global Physical Security Market by Services
4.2.1. Remote Monitoring Services
4.2.2. Security Systems Integration
4.3. Global Physical Security Market by Application
4.3.1. BFSI
4.3.2. Commercial
4.3.3. Government
4.3.4. Residential
4.3.5. Transportation
4.3.6. Others (Education, Healthcare, Retail, And Energy & Utilities)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ADT
6.2. Allied Universal
6.3. Anixter, Inc.
6.4. Arthur J. Gallagher & Co.
6.5. Axis Communications AB.
6.6. Bosch Sicherheitssysteme GmbH
6.7. Dahua Technology Co., Ltd
6.8. General Dynamics Corp
6.9. Genetec Inc.
6.10. Hangzhou Hikvision Digital Technology Co., Ltd.
6.11. Hanwha Techwin
6.12. Hexagon AB
6.13. HID Global Corp
6.14. Honeywell International Inc.
6.15. Johnson Controls.
6.16. Pelco Corp.
6.17. SECOM CO., LTD.
6.18. STANLEY CONVERGENT SECURITY SOLUTIONS, INC.
6.19. Teledyne FLIR LLC
6.20. TELUS
1. GLOBAL PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
2. GLOBAL VIDEO SURVEILLANCE FOR PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ACCESS & ENTRANCE CONTROL FOR PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL PERIMETER INTRUSION DETECTION & PREVENTION FOR PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CONSUMER VIDEO SURVEILLANCE FOR PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL WIRELESS INFRASTRUCTURE FOR PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
8. GLOBAL PHYSICAL SECURITY REMOTE MONITORING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL PHYSICAL SECURITY SYSTEMS INTEGRATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
11. GLOBAL PHYSICAL SECURITY FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL PHYSICAL SECURITY FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL PHYSICAL SECURITY FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL PHYSICAL SECURITY FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL PHYSICAL SECURITY FOR TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL PHYSICAL SECURITY FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
20. NORTH AMERICAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
21. NORTH AMERICAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
22. EUROPEAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
24. EUROPEAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
25. EUROPEAN PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. REST OF THE WORLD PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
32. REST OF THE WORLD PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
33. REST OF THE WORLD PHYSICAL SECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PHYSICAL SECURITY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PHYSICAL SECURITY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PHYSICAL SECURITY MARKET, 2022-2028 (%)
4. GLOBAL PHYSICAL SECURITY MARKET SHARE BY SYSTEM, 2021 VS 2028 (%)
5. GLOBAL VIDEO SURVEILLANCE FOR PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ACCESS & ENTRANCE CONTROL FOR PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL PERIMETER INTRUSION DETECTION & PREVENTION FOR PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CONSUMER VIDEO SURVEILLANCE FOR PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL WIRELESS INFRASTRUCTURE FOR PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL PHYSICAL SECURITY REMOTE MONITORING SERVICESMARKET SHARE BY SERVICES, 2021 VS 2028 (%)
11. GLOBAL PHYSICAL SECURITY SYSTEMS INTEGRATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL PHYSICAL SECURITY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
13. GLOBAL PHYSICAL SECURITY FOR BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL PHYSICAL SECURITY FOR COMMERCIAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL PHYSICAL SECURITY FOR GOVERNMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL PHYSICAL SECURITY FOR RESIDENTIAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL PHYSICAL SECURITY FOR TRANSPORTATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL PHYSICAL SECURITY FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL PHYSICAL SECURITY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. US PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
21. CANADA PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
22. UK PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
23. FRANCE PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
24. GERMANY PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
25. ITALY PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
26. SPAIN PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF EUROPE PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
28. INDIA PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
29. CHINA PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
30. JAPAN PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
31. SOUTH KOREA PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF ASIA-PACIFIC PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD PHYSICAL SECURITY MARKET SIZE, 2021-2028 ($ MILLION)
