The North America Physical Security Market size is estimated at USD 44.60 billion in 2024, and is expected to reach USD 58.02 billion by 2029, growing at a CAGR of 5.40% during the forecast period (2024-2029).
The North American physical security market is fragmented as it is highly competitive and consists of several players. The companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players include Bosch Security Systems GmbH, Genetec Inc., Honeywell International Inc., Dahua Technology Co. Ltd, Axis Communications AB, Genetec Inc., Hangzhou Hikvision Digital Technology Co. Ltd, and Johnson Controls.
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