The Asia-Pacific Physical Security Market size is estimated at USD 39.45 billion in 2024, and is expected to reach USD 55.59 billion by 2029, growing at a CAGR of 7.10% during the forecast period (2024-2029).
The Asia-Pacific physical security market is fragmented and highly competitive due to the presence of several companies. The market has several significant players adopting strategies like product innovation, new product launches, partnerships, collaborations, and mergers and acquisitions. Some of the major players in the market include Honeywell International Inc., Bosch Security Systems GmbH, Genetec Inc, Dahua Technology Co., Ltd, Axis Communications AB, Johnson Controls, NEC Corporation, Schneider Electric, and Hanwha Group.
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