Physical Security Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

The global physical security market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2022-2028). The global physical security market is expected to grow during the forecast period due to the growing incidence of terror attacks, technological advancements, and an increase in the demand for such services in smart cities. However, privacy concerns and lack of physical & logical security integration are expected to hinder the market growth during the forecast period. Moreover, many companies are launching their software for the physical security market which indirectly grows the market. Some of the software launched by the company is

·        In February 2022, Hikvision, launched a comprehensive cybersecurity support initiative called Network Cyber-Protect to support industry professionals and Hikvision dealers safeguard their physical security network infrastructure from spiteful and costly cyber-attacks.

·        In August 2021, Hikvision launched a computer vision platform to centralize physical security operations. HikCentral Professional, software that eases the remote monitoring of various, integrated physical security systems, including its facial recognition technology, from a centralized platform.

·        In August 2020, Bosch Building Technologies launched Intelligent Insights to visualize and interpret video data capture. Intelligent Insights is a new software tool that presents every element together from scene to screen, from intelligent cameras enabling video data capture and interpretation, to the visualization and reporting of data.

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Market Coverage

                 The market number available for – 2021-2028

                 Base year- 2021

                 Forecast period- 2022-2028

Segment Covered- 

·        By System

·        By Services

·        By Application

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- including ADT, Allied Universal, Anixter, Inc., Arthur J. Gallagher & Co., Axis Communications AB., Bosch Sicherheitssysteme GmbH, and others.

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Global Physical Security Market Report Segment

By System

                 Video Surveillance

                 Access & Entrance Control

                 Perimeter Intrusion Detection & Prevention

                 Consumer Video Surveillance

                 Wireless Infrastructure

By Services

                 Remote Monitoring Services

                 Security Systems Integration

By Application

                 BFSI

                 Commercial

                 Government

                 Residential

                 Transportation

                 Others (Education, Healthcare, Retail, and Energy & Utilities)

Global Physical Security Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

                 ADT

                 Allied Universal

                 Anixter, Inc.

                 Arthur J. Gallagher & Co.

                 Axis Communications AB.

                 Bosch Sicherheitssysteme GmbH

                 Dahua Technology Co., Ltd

                 General Dynamics Corp

                 Genetec Inc.

                 Hangzhou Hikvision Digital Technology Co., Ltd.

                 Hanwha Techwin

                 Hexagon AB

                 HID Global Corp

                 Honeywell International Inc.

                 Johnson Controls. 

                 Pelco Corp.

                 SECOM CO., LTD.

                 STANLEY CONVERGENT SECURITY SOLUTIONS, INC.

                 Teledyne FLIR LLC

                 TELUS

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