Physical Security Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Physical Security Market is projected to grow from USD 93.5 billion in 2020 to USD 120.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 5% during the forecast period 2021-2027.

Physical security is protecting software, people, hardware, data, and networks from events that can harm your organization. We help businesses by protecting them from fire, terrorism, vandalism, and theft. This can be done using a variety of physical security devices such as CCTV surveillance, access control protocols, intruder alerts, Video Surveillance as a Service (VSaaS), Access Control as a Service (ACaaS), and other similar technologies.

Market Segments

On the basis of systems type

• Physical Access Control System (PACS)
• Video Surveillance System
• Perimeter Intrusion Detection and Prevention
• Physical Security Information Management (PSIM)
• Security Scanning, Imaging, and Metal Detection
• Fire and Life Safety

On the basis of services type

• Access Control as a Service (ACaaS)
• Video Surveillance as a Service (VSaaS)
• Remote Monitoring Services
• Security Systems Integration Services

Key Players

• ADT
• Hangzhou Hikvision Digital Technology
• SECOM
• Johnson Controls (Tyco)
• Anixter
• Cisco
• Genetec
• Honeywell
• Bosch Security

Scope of the Report

The research study analyzes the global Physical Security industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Physical Security Market Report

1. What was the Physical Security Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Physical Security Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Physical Security Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.