Global Physical Security Market is Expected to Thrive at a CAGR of 9.1% by 2023
A recent report by KD market insights titled as "Physical Security Market - By Offering (Hardware, Software, Services) By End User (Transportation, Government, Banking & Finance, Utility & Energy, Residential, Industrial, Retail, Commercial, Hospitality, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Physical Security Market competitors share and region wise analysis around the globe.
Global Physical Security market accounted for USD 136.8 billion in 2017 and is estimated to reach USD 245.6 million in 2023, registering a compound annual growth rate (CAGR) of 9.1% between 2017 and 2023.
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Growth Drivers & Barriers
Rising criminal activities such as theft, burglary, among others is expected to strengthen the growth of the market. Addition to that, rising investment of safety and security infrastructure is expected to foster the growth of the market. Further, development of residential and commercial buildings across the globe has raised the demand for physical security. This factor is envisioned to bolster the growth of the market.
Technological advancements such as integration of Internet of Things into security services is also believed to foster the growth of the market. In addition, IoT enables physical security services helps to deter crime incidence at higher rate. Further, physical security providers are focusing on deployment of advanced security technologies which in turn, is expected to impel the demand for such services.
Development of smart cities in various nations is believed to offer significant growth opportunities to the growth of market. Further, rising real estate industries in growing economies is further believed to offer significant growth opportunities to market.
Regional Outlook:
In the terms of geography, the physical security market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, North America is slated to account for highest percentage of market share in overall physical security market during the forecast period. Presence of various key service providers in the region is expected to positively impact the growth of North America physical security market. Asia Pacific physical security market accounted for second position in overall physical security market in 2017.
Segmentation
The research offers a comprehensive analysis of physical security market with respect to following sub-markets:
By Offering
Hardware
- Video Surveillance
- Intrusion Detection
- Access Control
- Others
Software
Services
- System Integration
- Remote Monitoring
- Others
By End User
Transportation
Government
Banking & Finance
Utility & Energy
Residential
Industrial
Retail
Commercial
Hospitality
Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
ADT Inc.
Bosch Building Technologies
Cisco Systems, Inc.
Honeywell International Inc.
Johnson Controls International plc
Anixter International Inc.
Genetec (Canada), Secom Co., Ltd
G4S plc
Pelco by Schneider Electric
Zhejiang Dahua Technology Co., Ltd.
Kastle Systems
Hikvision Digital Technology Co.,Ltd.
STANLEY Convergent Security Solutions, Inc.
Axis Communications (Sweden)
Others Major and Niche Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
Executive Summary
Growth Drivers & Barriers in Global Physical Security Market
Global Physical Security Market Trends
Opportunities in Global Physical Security Market
Recent Industry Activities, 2018
Porter's Five Forces Analysis
Global Physical Security Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Physical Security Market Segmentation Analysis, By Offering
8.1. Introduction
8.2. Market Attractiveness, By Offering
8.3. BPS Analysis, By Offering
8.4. Hardware Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.1. Video Surveillance Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.2. Intrusion Detection Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.3. Access Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.4. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Software Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Services Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6.1. System Integration Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6.2. Remote Monitoring Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6.3. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Physical Security Market Segmentation Analysis, By End User
9.1. Introduction
9.2. Market Attractiveness, By End User
9.3. BPS Analysis, By End User
9.4. Transportation Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Government Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.6. Banking & Finance Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.7. Utility & Energy Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.8. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.9. Industrial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.10. Retail Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.11. Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.12. Hospitality Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.13. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10. Geographical Analysis
10.1. Introduction
10.2. North America Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1. By Offering
10.2.1.1. Introduction
10.2.1.2. Market Attractiveness, By Offering
10.2.1.3. BPS Analysis, By Offering
10.2.1.4. Hardware Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.4.1. Video Surveillance Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.4.2. Intrusion Detection Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.4.3. Access Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.4.4. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.5. Software Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.6. Services Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.6.1. System Integration Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.6.2. Remote Monitoring Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.2.1.6.3. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
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