Physical Security Market worth 112.43 Billion USD by 2021
The physical security market is expected to grow from USD 69.63 Billion in 2016 to USD 112.43 Billion by 2021, at a CAGR of 10.1% between 2016 and 2021.
(EMAILWIRE.COM, August 02, 2017 ) According to a new market research report "Physical Security Market by Type (System (Access Control, Video Surveillance, PSIM, Perimeter Intrusion Detection & Prevention, Security Scanning, Imaging & Metal Detection, Fire & Life Safety), & Service), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the physical security market is estimated to grow from USD 69.63 Billion in 2016 to USD 112.43 Billion by 2021, at the CAGR of 10.1% between 2016 and 2021.
Browse 79 market tables and 53 figures spread through 156 pages on "Physical Security Market by Type (System (Access Control, Video Surveillance, PSIM, Perimeter Intrusion Detection & Prevention, Security Scanning, Imaging & Metal Detection, Fire & Life Safety), & Service), Vertical, and Region - Global Forecast to 2021"
<||>rnhttp://www.marketsandmarkets.com/Market-Reports/physical-security-market-1014.html
The growth of the market is driven by the rise in incidences of terror attacks across the globe. Increasing technological developments in video surveillance are expected further fuel the demand for physical security solutions & services. Increased usage of internet of things (IoT) also contributes to the growth of the physical security market.
“Based on type of system, the access control system segment is expected to lead the physical security market during the forecast period”
Based on type of system, the physical security market has been segmented into access control, video surveillance, physical security information management, perimeter intrusion detection & prevention, security scanning, imaging & metal detection and fire & life safety. The access control system segment is estimated to lead the physical security market between 2016 and 2021. The increasing use of access control systems, especially in the critical infrastructure zones to protect organizational assets is expected to boost the growth of the segment.
Request to Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1014
“Based on vertical, the retail segment is estimated to lead the physical security market during the forecast period”
Based on vertical, the physical security market has been segmented into government, defense & public sector; transportation & logistics; telecom & IT; BFSI; education; retail; oil, gas & energy; hospitality & residential; and others (healthcare, chemical/pharma, manufacturing, and utilities). The retail segment is estimated to dominate the physical security market during forecast period, owing to increasing adoption of physical security solutions by retailers to enhance level of access control to prevent theft as well as protect employees & shopkeepers from violence & harassment in the store premise.
“North America is estimated to lead the physical security market during the forecast period”
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The North America physical security market is projected to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing need for security against terrorist activities, stringent government regulations for safety & security, rising illegal immigration, and technological developments in physical security solutions.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
Browse 79 market tables and 53 figures spread through 156 pages on "Physical Security Market by Type (System (Access Control, Video Surveillance, PSIM, Perimeter Intrusion Detection & Prevention, Security Scanning, Imaging & Metal Detection, Fire & Life Safety), & Service), Vertical, and Region - Global Forecast to 2021"
<||>rnhttp://www.marketsandmarkets.com/Market-Reports/physical-security-market-1014.html
The growth of the market is driven by the rise in incidences of terror attacks across the globe. Increasing technological developments in video surveillance are expected further fuel the demand for physical security solutions & services. Increased usage of internet of things (IoT) also contributes to the growth of the physical security market.
“Based on type of system, the access control system segment is expected to lead the physical security market during the forecast period”
Based on type of system, the physical security market has been segmented into access control, video surveillance, physical security information management, perimeter intrusion detection & prevention, security scanning, imaging & metal detection and fire & life safety. The access control system segment is estimated to lead the physical security market between 2016 and 2021. The increasing use of access control systems, especially in the critical infrastructure zones to protect organizational assets is expected to boost the growth of the segment.
Request to Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1014
“Based on vertical, the retail segment is estimated to lead the physical security market during the forecast period”
Based on vertical, the physical security market has been segmented into government, defense & public sector; transportation & logistics; telecom & IT; BFSI; education; retail; oil, gas & energy; hospitality & residential; and others (healthcare, chemical/pharma, manufacturing, and utilities). The retail segment is estimated to dominate the physical security market during forecast period, owing to increasing adoption of physical security solutions by retailers to enhance level of access control to prevent theft as well as protect employees & shopkeepers from violence & harassment in the store premise.
“North America is estimated to lead the physical security market during the forecast period”
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1014
The North America physical security market is projected to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing need for security against terrorist activities, stringent government regulations for safety & security, rising illegal immigration, and technological developments in physical security solutions.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results