Comprehensive Overview of the Physical Security Market: Size, Trends, and Growth Forecast for 2025-2030

Markntel Advisors’ report, Physical Security Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Physical Security presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Physical Security Market Industry Research Report & Market Summary:

The Global Physical Security Market size was valued at around USD 112.2 billion in 2023 and is projected to reach around USD 145.3 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 7.1% during the forecast period, i.e., 2025-2030. This growth is expected to be driven by the rising emphasis on protecting individuals and assets through advanced surveillance systems, the use of biometrics in security, and the general concern for security around the globe across multiple industries. These factors are contributing to the growth of the physical security industry because organizations around the globe are concerned about security and new developments in security systems.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/physical-security-market.html

Physical Security Market Dynamics:

Key Driver-

Increasing Security Concerns & Technological Advancements – Ongoing crime, acts of terror, and concerns regarding safety at the workplace are recognized as a necessity for having better means of safeguarding organizations. The development of technology such as Artificial intelligence, the Internet of Things, and cloud-based solutions. The increasing utilization of smart structures and biometric authentication systems in diverse sectors is also boosting market growth. For instance;

In January 2024, Ilustra Standard Gen3 is the latest smart security line that was recently unveiled to the market by Johnson Controls, a US-based global player offering smart security solutions. This line was developed and built in India where the company attained more than 75% indigenization as espoused by the Make in India policy.

Also, the demand for conforming to the security standards and protecting the physical assets in the upper-med priority areas of concern including government services, health care facilities, and finance has quickly grown the need for total security solutions. Due to the integration with newer regions such as Asia-Pacific and the Middle East, the physical security market can witness healthy growth in the upcoming years.

Physical Security Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Component

Hardware- Market Size & Forecast 2020-2030, USD Million
- Cameras- Market Size & Forecast 2020-2030, USD Million
- Biometrics & RFID Devices- Market Size & Forecast 2020-2030, USD Million
- Sensors- Market Size & Forecast 2020-2030, USD Million
- Smoke Detectors- Market Size & Forecast 2020-2030, USD Million
- Alarms- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
Software- Market Size & Forecast 2020-2030, USD Million
- Video Management Software (VMS)- Market Size & Forecast 2020-2030, USD Million
- Physical Security Information Management (PSIM)- Market Size & Forecast 2020-2030, USD Million
- Access Control Management Software- Market Size & Forecast 2020-2030, USD Million
Services- Market Size & Forecast 2020-2030, USD Million
- Professional Services- Market Size & Forecast 2020-2030, USD Million
  - Maintenance and Support- Market Size & Forecast 2020-2030, USD Million
  - Consulting Services- Market Size & Forecast 2020-2030, USD Million
  - Training and Education- Market Size & Forecast 2020-2030, USD Million
  - Others- Market Size & Forecast 2020-2030, USD Million
- Managed Services- Market Size & Forecast 2020-2030, USD Million
  - Remote Monitoring Services- Market Size & Forecast 2020-2030, USD Million
  - Security System Integration- Market Size & Forecast 2020-2030, USD Million
  - Others- Market Size & Forecast 2020-2030, USD Million

The hardware segment holds the largest share of the Global Physical Security Market. The physical security industry on the global stage is projected to witness substantial revenue growth during the forecast period, driven primarily by the increasing demand for different forms of hardware.

By System Type

Physical Access Control System (PACS)- Market Size & Forecast 2020-2030, USD Million
Video Surveillance System- Market Size & Forecast 2020-2030, USD Million
Perimeter Intrusion Detection and Prevention- Market Size & Forecast 2020-2030, USD Million
Physical Security Information Management (PSIM)- Market Size & Forecast 2020-2030, USD Million
Physical Identity & Access Management (PIAM)- Market Size & Forecast 2020-2030, USD Million
Fire and Life Safety- Market Size & Forecast 2020-2030, USD Million
Others- Market Size & Forecast 2020-2030, USD Million

Here, the PACS segment currently dominates the Global Physical Security Market with the largest market share. However, as organizations demand more security and follow the new set of regulations, the need for PACS is expected to change.

By Enterprise Size

SMEs- Market Size & Forecast 2020-2030, USD Million
Large Enterprises- Market Size & Forecast 2020-2030, USD Million

By End User

BFSI- Market Size & Forecast 2020-2030, USD Million
Healthcare- Market Size & Forecast 2020-2030, USD Million
Government- Market Size & Forecast 2020-2030, USD Million
Retail & eCommerce- Market Size & Forecast 2020-2030, USD Million
Transportation & Logistics- Market Size & Forecast 2020-2030, USD Million
Hospitality- Market Size & Forecast 2020-2030, USD Million
Residential- Market Size & Forecast 2020-2030, USD Million
Education- Market Size & Forecast 2020-2030, USD Million
IT & ITeS- Market Size & Forecast 2020-2030, USD Million
Others- Market Size & Forecast 2020-2030, USD Million

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

The Global Physical Security Market research analysis indicates that there are tremendous opportunities for growth all around the world during the forecast period. However, it is expected that this growth will be led by the Asia-Pacific region where China will be in front and India turning out to be one of the most significant growing markets.

As indicated in the latest market research report published by Markntel Advisors, “Physical Security Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Physical Security. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/physical-security-market.html

Top Companies Operating in the Physical Security Market:

Honeywell International Inc.
Johnson Controls
Cisco Systems Inc.
Bosch Building Technologies
TELUS
Axis Communications AB
Genetec Inc.
ADT LLC
Siemens
Hangzhou Hikvision Digital Technology Co., Ltd.
Dahua Technology Co., Ltd
Pelco, Inc.
SECOM Plc
HID Global Corporation
WESCO International
Others.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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Other Report:

Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & Physical Security Market adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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