Physical Security Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	170 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260805

Best Price Guarantee
Price	from $4,850
Length	170 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260805

Physical Security Market

Growth Factors of Physical Security Market

The physical security market size was valued at USD 108.83 billion in 2022, and the market is now projected to grow from USD 117.70 billion in 2023 to USD 211.67 billion by 2030, exhibiting a CAGR of 8.7% during the forecast period of 2023-2030.

Due to restrictive health protocols that happened with Covid-19, more people craved contactless access control and especially thermal scanning units. Telemonitoring and tele management became more used throughout the period of restrictions such as lock down and social distancing. During the pandemic, organizations placed higher emphasis on having high quality cameras, cloud storage remote viewing, and data analysis for increased security.

Security threats are on the rise for risks like war, civil unrest, and extreme weather conditions. Consequently, organizations are increasing the security budgets and implementing modern solutions for protection of the activity. The survey employed for the “World Security Report 2023” showed that 46% of the companies have increased their investments in security because of the increase in the operating costs for the recent years and such conditions that include economic insecurity and domestic security.

New products and technologies such as higher surveillance systems, biometrics, and better access control are the main contributors to the growth of the market. Facial recognition, IoT integration, and video analytics improve the level of surveillance and threat identification. AI integrated systems provide for the predictive control, through which the security operators can prevent security risks in advance. These innovations enhance the absolute security effectiveness.

Comprehensive Analysis of Physical Security Market

The physical security market growth is expanding at exponential levels because of its segmentation within the market. This market expansion rightly offers a comprehensive local understanding based on the forces including the supply and demand forces that define the market. These segmentations are methodically segregated by component analysis, by end-user analysis, by type analysis, and by vertical analysis. By component analysis hardware, software, and services. By end-user analysis include residential and commercial/industrial. By type analysis include video surveillance systems, biometrics & access control systems, intrusion detection and prevention systems, fire detection systems, physical security information management (PSIM), and others. By vertical analysis include BFSI, government, healthcare, manufacturing, retail, transportation & logistics, energy & utilities, and others.

The North America region lead the physical security market share by benefitting a market size of USD 49.04 billion in 2022 due to heightened awareness of security threats.

The top players have a significant responsibility in the information & communication technology materials industry for confirming industrial prospectus growth and determining the market trends. These players include Honeywell International Inc., Axis Communications AB, Bosch Sicherheitssysteme GmbH, Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd, Johnson Controls, Cisco Systems, Inc., SECOM CO., LTD., ADT, Genetec Inc these market players provide a level-playing competitive landscape.

In August 2023, Fingerprint Cards AB has engaged BenjiLock for marketing of premium biometric access systems in worldwide.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017 - 2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023 – 2030

Historical Period 2017 - 2021

Growth Rate CAGR of 8.7% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Component

Hardware

Software

Services

By End-user

Residential

Commercial/Industrial

Small and Medium-sized Enterprises
Large Enterprises

By Type

Video Surveillance Systems

Biometrics & Access Control Systems

Intrusion Detection and Prevention Systems

Fire Detection Systems

Physical Security Information Management (PSIM)

Others (Physical Identity and Access Management)

By Vertical

BFSI

Government

Healthcare

Manufacturing

Retail

Transportation & Logistics

Energy & Utilities

Others (Education and Sports)

By Region

North America (By Component, End-user, Type, Vertical, and Country)

U.S. (By Vertical)
Canada (By Vertical)
Mexico (By Vertical)

South America (By Component, End-user, Type, Vertical, and Country)

Brazil (By Vertical)
Argentina (By Vertical)
Rest of South America

Europe (By Component, End-user, Type, Vertical, and Country)

U.K. (By Vertical)
Germany (By Vertical)
France (By Vertical)
Italy (By Vertical)
Spain (By Vertical)
Russia (By Vertical)
Benelux (By Vertical)
Nordics (By Vertical)
Rest of Europe

Middle East & Africa (By Component, End-user, Type, Vertical, and Country)

Turkey (By Vertical)
Israel (By Vertical)
GCC (By Vertical)
North Africa (By Vertical)
South Africa (By Vertical)
Rest of the Middle East & Africa

Asia Pacific (By Component, End-user, Type, Vertical, and Country)

China (By Vertical)
India (By Vertical)
Japan (By Vertical)
South Korea (By Vertical)
ASEAN (By Vertical)
Oceania (By Vertical)
Rest of Asia Pacific

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of COVID-19
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Physical Security Key Players Market Share/Ranking, 2022
5. Global Physical Security Market Size Estimates and Forecasts, By Segments, 2017-2030: 5.1. Key Findings; 5.2. By Component (USD); 5.2.1. Hardware; 5.2.2. Software; 5.2.3. Services; 5.3. By End-user (USD); 5.3.1. Residential; 5.3.2. Commercial/Industrial; 5.3.2.1. Small and Medium-sized Enterprises; 5.3.2.2. Large Enterprises; 5.4. By Enterprise Type (USD); 5.4.1. Video Surveillance Systems; 5.4.2. Biometrics & Access Control Systems; 5.4.3. Intrusion Detection and Prevention Systems; 5.4.4. Fire Detection Systems; 5.4.5. Physical Security Information Management (PSIM); 5.4.6. Others (Physical Identity and Access management, etc.); 5.5. By Vertical (USD); 5.5.1. BFSI; 5.5.2. Government; 5.5.3. Healthcare; 5.5.4. Manufacturing; 5.5.5. Retail; 5.5.6. Transportation & Logistics; 5.5.7. Energy & Utilities; 5.5.8. Others (Education, Sports, etc.); 5.6. By Region (USD); 5.6.1. North America; 5.6.2. South America; 5.6.3. Europe; 5.6.4. Middle East & Africa; 5.6.5. Asia Pacific
6. North America Physical Security Market Size Estimates and Forecasts, By Segments, 2017-2030: 6.1. Key Findings; 6.2. By Component (USD); 6.2.1. Hardware; 6.2.2. Software; 6.2.3. Services; 6.3. By End-user (USD); 6.3.1. Residential; 6.3.2. Commercial/Industrial; 6.3.2.1. Small and Medium-sized Enterprises; 6.3.2.2. Large Enterprises; 6.4. By Enterprise Type (USD); 6.4.1. Video Surveillance Systems; 6.4.2. Biometrics & Access Control Systems; 6.4.3. Intrusion Detection and Prevention Systems; 6.4.4. Fire Detection Systems; 6.4.5. Physical Security Information Management (PSIM); 6.4.6. Others (Physical Identity and Access management, etc.); 6.5. By Vertical (USD); 6.5.1. BFSI; 6.5.2. Government; 6.5.3. Healthcare; 6.5.4. Manufacturing; 6.5.5. Retail; 6.5.6. Transportation & Logistics; 6.5.7. Energy & Utilities; 6.5.8. Others (Education, Sports, etc.); 6.6. By Country (USD); 6.6.1. United States; 6.6.1.1. By Vertical; 6.6.2. Canada; 6.6.2.1. By Vertical; 6.6.3. Mexico; 6.6.3.1. By Vertical
7. South America Physical Security Market Size Estimates and Forecasts, By Segments, 2017-2030: 7.1. Key Findings; 7.2. By Component (USD); 7.2.1. Hardware; 7.2.2. Software; 7.2.3. Services; 7.3. By End-user (USD); 7.3.1. Residential; 7.3.2. Commercial/Industrial; 7.3.2.1. Small and Medium-sized Enterprises; 7.3.2.2. Large Enterprises; 7.4. By Enterprise Type (USD); 7.4.1. Video Surveillance Systems; 7.4.2. Biometrics & Access Control Systems; 7.4.3. Intrusion Detection and Prevention Systems; 7.4.4. Fire Detection Systems; 7.4.5. Physical Security Information Management (PSIM); 7.4.6. Others (Physical Identity and Access management, etc.); 7.5. By Vertical (USD); 7.5.1. BFSI; 7.5.2. Government; 7.5.3. Healthcare; 7.5.4. Manufacturing; 7.5.5. Retail; 7.5.6. Transportation & Logistics; 7.5.7. Energy & Utilities; 7.5.8. Others (Education, Sports, etc.); 7.6. By Country (USD); 7.6.1. Brazil; 7.6.1.1. By Vertical; 7.6.2. Argentina; 7.6.2.1. By Vertical; 7.6.3. Rest of South America
8. Europe Physical Security Size Estimates and Forecasts, By Segments, 2017-2030: 8.1. Key Findings; 8.2. By Component (USD); 8.2.1. Hardware; 8.2.2. Software; 8.2.3. Services; 8.3. By End-user (USD); 8.3.1. Residential; 8.3.2. Commercial/Industrial; 8.3.2.1. Small and Medium-sized Enterprises; 8.3.2.2. Large Enterprises; 8.4. By Enterprise Type (USD); 8.4.1. Video Surveillance Systems; 8.4.2. Biometrics & Access Control Systems; 8.4.3. Intrusion Detection and Prevention Systems; 8.4.4. Fire Detection Systems; 8.4.5. Physical Security Information Management (PSIM); 8.4.6. Others (Physical Identity and Access management, etc.); 8.5. By Vertical (USD); 8.5.1. BFSI; 8.5.2. Government; 8.5.3. Healthcare; 8.5.4. Manufacturing; 8.5.5. Retail; 8.5.6. Transportation & Logistics; 8.5.7. Energy & Utilities; 8.5.8. Others (Education, Sports, etc.); 8.6. By Country (USD); 8.6.1. United Kingdom; 8.6.1.1. By Vertical; 8.6.2. Germany; 8.6.2.1. By Vertical; 8.6.3. France; 8.6.3.1. By Vertical; 8.6.4. Italy; 8.6.4.1. By Vertical; 8.6.5. Spain; 8.6.5.1. By Vertical; 8.6.6. Russia; 8.6.6.1. By Vertical; 8.6.7. Benelux; 8.6.7.1. By Vertical; 8.6.8. Nordics; 8.6.8.1. By Vertical; 8.6.9. Rest of Europe
9. Middle East & Africa Physical Security Market Size Estimates and Forecasts, By Segments, 2017-2030: 9.1. Key Findings; 9.2. By Component (USD); 9.2.1. Hardware; 9.2.2. Software; 9.2.3. Services; 9.3. By End-user (USD); 9.3.1. Residential; 9.3.2. Commercial/Industrial; 9.3.2.1. Small and Medium-sized Enterprises; 9.3.2.2. Large Enterprises; 9.4. By Enterprise Type (USD); 9.4.1. Video Surveillance Systems; 9.4.2. Biometrics & Access Control Systems; 9.4.3. Intrusion Detection and Prevention Systems; 9.4.4. Fire Detection Systems; 9.4.5. Physical Security Information Management (PSIM); 9.4.6. Others (Physical Identity and Access management, etc.); 9.5. By Vertical (USD); 9.5.1. BFSI; 9.5.2. Government; 9.5.3. Healthcare; 9.5.4. Manufacturing; 9.5.5. Retail; 9.5.6. Transportation & Logistics; 9.5.7. Energy & Utilities; 9.5.8. Others (Education, Sports, etc.); 9.6. By Country (USD); 9.6.1. Turkey; 9.6.1.1. By Vertical; 9.6.2. Israel; 9.6.2.1. By Vertical; 9.6.3. GCC; 9.6.3.1. By Vertical; 9.6.4. North Africa; 9.6.4.1. By Vertical; 9.6.5. South Africa; 9.6.5.1. By Vertical; 9.6.6. Rest of MEA
10. Asia Pacific Physical Security Market Size Estimates and Forecasts, By Segments, 2017-2030: 10.1. Key Findings; 10.2. By Component (USD); 10.2.1. Hardware; 10.2.2. Software; 10.2.3. Services; 10.3. By End-user (USD); 10.3.1. Residential; 10.3.2. Commercial/Industrial; 10.3.2.1. Small and Medium-sized Enterprises; 10.3.2.2. Large Enterprises; 10.4. By Enterprise Type (USD); 10.4.1. Video Surveillance Systems; 10.4.2. Biometrics & Access Control Systems; 10.4.3. Intrusion Detection and Prevention Systems; 10.4.4. Fire Detection Systems; 10.4.5. Physical Security Information Management (PSIM); 10.4.6. Others (Physical Identity and Access management, etc.); 10.5. By Vertical (USD); 10.5.1. BFSI; 10.5.2. Government; 10.5.3. Healthcare; 10.5.4. Manufacturing; 10.5.5. Retail; 10.5.6. Transportation & Logistics; 10.5.7. Energy & Utilities; 10.5.8. Others (Education, Sports, etc.); 10.6. By Country (USD); 10.6.1. China; 10.6.1.1. By Vertical; 10.6.2. India; 10.6.2.1. By Vertical; 10.6.3. Japan; 10.6.3.1. By Vertical; 10.6.4. South Korea; 10.6.4.1. By Vertical; 10.6.5. ASEAN; 10.6.5.1. By Vertical; 10.6.6. Oceania; 10.6.6.1. By Vertical; 10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Honeywell International Inc.; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Axis Communications AB; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Bosch Sicherheitssysteme GmbH; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Hangzhou Hikvision Digital Technology Co., Ltd.; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Dahua Technology Co., Ltd; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. Johnson Controls; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Cisco Systems, Inc.; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. SECOM CO., LTD.; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. ADT; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. Genetec Inc.; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways