Physical security involves the protection of hardware, software, data, personnel, and networks against physical events and actions, which could potentially cause damage or loss to an organization. It provides safety from natural disasters, fire, theft, vandalism, and terrorism. It includes multiple layers containing interdependent systems, including security guards, CCTV surveillance, locks, protective barriers, access control protocols, and other similar techniques.

The global physical security market is driven by factors such as increase in the number of terror attacks, rise in awareness, and technological advancements. However, privacy concerns and lack of physical & logical security integration hamper the physical security market growth.

The global physical security market is segmented based on type, vertical, and region. Based on type, it is divided into system and service. Based on vertical, it is classified into banking, financial services, and insurance (BFSI); commercial; government; residential; transportation; and others (education, healthcare, retail, energy & utilities, manufacturing, & industrial). The market in segmented based on region into North America, Europe, Asia-Pacific, and LAMEA.

The players operating in the global physical security market include Anixter International Inc., Tyco International PLC., Cisco Systems, Inc., Genetec Inc., ADT Corporation, Honeywell International, Inc., Bosch Security Systems, Inc., Stanley Security, and Senstar Corporation.

KEY BENEFITS

This study includes the analytical depiction of the global physical security market along with current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities along with detailed impact analyses.
The current market is quantitatively analyzed from 2014 to 2022 to highlight the financial competency of the industry.
Porter's five forces analysis illustrates the potency of buyers and suppliers in the physical security industry.

KEY MARKET SEGMENTS

The global physical security market is segmented on the basis of type, industry vertical, and geography.

BY TYPE

System
Video Surveillance
Access & Entrance Control
Perimeter Intrusion & Detection
Services
Remote Monitoring
Security Systems Integration

BY INDUSTRY VERTICAL

BFSI
Commercial
Government
Residential
Transportation
Others

BY GEOGRAPHY

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS

Anixter International Inc.
Tyco International PLC.
Cisco Systems, Inc.
Genetec Inc.
ADT Corporation
Honeywell International, Inc.
Bosch Security Systems, Inc.
Stanley Security
Senstar Corporation