Press Release
Global Physical Security Market is Estimated to reach $148 billion by 2024, Says Variant Market Research
 Published Date:  Sep 2017  Publish By: Variant Market Research

Global Physical Security Market Report, published by Variant Market Research, forecast that the global market is expected to reach $148 Billion by 2024 from $69.4 Billion in 2016, growing at a CAGR of 9.9% from 2016 to 2024. By geography, Asia-Pacific and North America are expected to grow at a CAGR of 12.1% and 10.1%, respectively, during the forecast period.

"Physical Security Market (By Type: Systems and Services; By industry vertical: Government, Defense & Public Sector, BFSI, Education, Retail, Telecom & IT, Oil, Gas & Energy, Transportation & Logistics, Hospitality & Residential, and Others; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at: https://www.variantmarketresearch.com/report-categories/information-communication-technology/physical-security-market

The factors driving the growth of the global physical security market are rising terror attacks,  better utilization of internet of Things (IoT), rising expenditure on 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. Though, restricted use of advanced technologies and lack of synergy between security solutions may limit the growth of the market. Additionally, current development of smart cities and technological advancements in video surveillance would provide several opportunities in coming years.

The global physical security market is categorized 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. Systems dominated the type segment accounting for more than 60% of the global market share in 2016. However, the services segment is expected to grow at the fastest CAGR during the forecast period 2016 – 2024. Government, defense & public sector dominated the industry vertical segment with around 25% market share.

By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America and Europe accounted for majority of the market share with 37.4% and 26.3%, respectively in 2016. Moreover, in terms of growth, Asia-Pacific is expected to grow with fastest CAGR of 12.1% during the forecast period 2016 to 2024, driven by high rate of terror attacks and improved consumption of internet of Things (IoT).

Major companies operating in this market comprises of Cisco Systems, Bosch Security Systems, Inc., Tyco International Plc., Honeywell International, Inc., Pelco, Anixter International Inc., Stanley Security Solutions Limited, ADT Corporation, Senstar Corporation, and Genetec Inc., among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Physical Security Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Systems
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
          4.2.3 Access Control
                   4.2.3.1 Market Size and Forecast
                   4.2.3.2 Biometrics
                               4.2.3.2.1 Market Size and Forecast
                               4.2.3.2.2 Face Recognition
                                              4.2.3.2.2.1 Market Size and Forecast
                               4.2.3.2.3 Fingerprint Recognition
                                              4.2.3.2.3.1 Market Size and Forecast
                               4.2.3.2.4 Other Biometric
                                              4.2.3.2.4.1 Market Size and Forecast
                   4.2.3.3 Locks
                               4.2.3.3.1 Market Size and Forecast
                               4.2.3.3.2 Electronic Locks
                                              4.2.3.3.2.1 Market Size and Forecast
                               4.2.3.3.3 Mechanical Locks
                                              4.2.3.2.3.1 Market Size and Forecast
                   4.2.3.4 Smart Card and Readers
                               4.2.3.4.1 Market Size and Forecast
                   4.2.3.5 ACaaS
                               4.2.3.5.1 Market Size and Forecast
          4.2.4 Video Surveillance
                   4.2.4.1 Market Size and Forecast
                   4.2.4.2 CCTV
                               4.2.4.2.1 Market Size and Forecast
                   4.2.4.3 VSaaS
                               4.2.4.3.1 Market Size and Forecast
                   4.2.4.4 Video Analytics
                               4.2.4.4.1 Market Size and Forecast
                   4.2.4.5 IP Video Surveillance
                               4.2.4.5.1 Market Size and Forecast
          4.2.5 Physical Security Information Management
                   4.2.5.1 Market Size and Forecast
          4.2.6 Perimeter Intrusion Detection & Prevention
                   4.2.6.1 Market Size and Forecast
          4.2.7 Security Scanning, Imaging & Metal Detection
                   4.2.7.1 Market Size and Forecast
                   4.2.7.2 Metal Detectors
                               4.2.7.2.1 Market Size and Forecast
                   4.2.7.3 X-ray Screening
                               4.2.7.3.1 Market Size and Forecast
                   4.2.7.4 Electronic Inspection Tools
                               4.2.7.4.1 Market Size and Forecast
          4.2.8 Fire & Life Safety
                   4.2.8.1 Market Size and Forecast
    4.3 Services
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
          4.3.3 System Integration
                   4.3.3.1 Market Size and Forecast
          4.3.4 Maintenance & Support
                   4.3.4.1 Market Size and Forecast
          4.3.5 Designing & Consulting
                   4.3.5.1 Market Size and Forecast
Chapter 5 Physical Security Market by Industry Vertical: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Government, Defense & Public Sector
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 BFSI
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Education
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Retail
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
    5.6 Telecom & IT
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast
    5.7 Oil, Gas & Energy
          5.7.1 Current Trend and Analysis
          5.7.2 Market Size and Forecast
    5.8 Transportation & Logistics
          5.8.1 Current Trend and Analysis
          5.8.2 Market Size and Forecast
    5.9 Hospitality & Residential
          5.9.1 Current Trend and Analysis
          5.9.2 Market Size and Forecast
    5.10 Other Industry Verticals
          5.10.1 Current Trend and Analysis
          5.10.2 Market Size and Forecast
Chapter 6 Physical Security Market by Geography: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
          6.2.3 US
                   6.2.3.1 Market Size and Forecast
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
          6.3.3 Germany
                   6.3.3.1 Market Size and Forecast
          6.3.4 Italy
                   6.3.4.1 Market Size and Forecast
          6.3.5 United Kingdom
                   6.3.5.1 Market Size and Forecast
          6.3.6 France
                   6.3.6.1 Market Size and Forecast
          6.3.7 Others
                   6.3.7.1 Market Size and Forecast
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
          6.4.3 China
                   6.4.3.1 Market Size and Forecast
          6.4.4 India
                   6.4.4.1 Market Size and Forecast
          6.4.5 Japan
                   6.4.5.1 Market Size and Forecast
          6.4.6 South Korea
                   6.4.6.1 Market Size and Forecast
          6.4.7 Others
                   6.4.7.1 Market Size and Forecast
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 Middle East
                   6.5.3.1 Market Size and Forecast
          6.5.4 South America
                   6.5.4.1 Market Size and Forecast
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast
Chapter 7 Company Profiles
    7.1 Bosch Security Systems, Inc.
    7.2 Tyco International Plc.
    7.3 Honeywell International, Inc.
    7.4 Pelco Corporation
    7.5 Anixter International Inc.
    7.6 Cisco Systems
    7.7 Stanley Security Solutions Limited
    7.8 ADT Corporation
    7.9 Senstar Corporation
    7.10 Genetec Inc.

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