Physical Security Market Growing at 10.1% CAGR Dominated by North America to 2022

Physical security market provides a growth rate of global physical security and market is estimated to reach $112.43 billion by 2021, at the CAGR of 10.1% during 2017 to 2021. North America is projected to dominate the physical security market during the forecast period.

Pune, India – October 13, 2017 /MarketersMedia/ —

Recent research on Physical Security Market size, trends, analysis & forecast because increasing concern for safety and security is expected to drive the demand for physical security system market. Recent research on Physical Security Market size, trends, analysis & forecast because increasing concern for safety and security is expected to drive the demand for physical security system market.

Browse complete report on Physical Security Market spread across 156 pages, profiled 10 companies sharing details with 79 tables and 53 figures now available at
http://www.rnrmarketresearch.com/physical-security-market-by-products-video-surveillance-access-control-biometrics-intrusion-detection-security-systems-services-remote-management-technical-support-security-consulting-world-market-report.html

The ecosystem of the physical security market comprises physical security solutions and service providers, and system integrators. Key players in the physical security market include Anixter International Inc. (U.S.), Cisco Systems, Inc. (U.S.), Tyco International Plc (Ireland), Bosch Security Systems, Inc. (Germany), ADT Corporation (U.S.), Genetec Inc. (Canada), Honeywell International, Inc. (U.S.), Pelco (U.S.), Stanley Security (U.S.), and Senstar Corporation (Canada).
Target Audience on Physical Security Market such as Security Service Vendors, Security Solution Providers, System Integrators, Value-added Resellers, Distributors, Research Organizations, Security Agencies, Investors and Venture Capitalist, Security Management Service Provider, Security Equipment Providers.

Make an inquiry to get a sample copy at http://www.rnrmarketresearch.com/contacts/request-sample?rname=112878

North America is projected to dominate the physical security market during the forecast period, owing to the high adoption of physical security solutions and services across various industries, such as transportation, commercial buildings, government & defense areas, and critical infrastructures, such as nuclear plants, chemical industries, and oil & gas facilities across the region. The Asia-Pacific physical security market is expected to witness the highest growth during the forecast period, due to the increased incidences of terror attacks in this region.
Key vendors profiled in the report are as follows:
1. Anixter International Inc. (U.S.)
2. Cisco Systems, Inc. (U.S.)
3. Tyco International PLC (Ireland)

Order complete research report on Physical Security Market by Type (System (Access Control, Video Surveillance, PSIM, Perimeter Intrusion Detection & Prevention, Security Scanning, Imaging & Metal Detection, Fire & Life Safety), & Service), Vertical, and Region – Global Forecast to 2021, now available at http://www.rnrmarketresearch.com/contacts/purchase?rname=112878

Some Major Point from Table of Contents
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.1.1 By System
5.2.1.2 By Service
5.2.2 By Vertical
5.2.3 By Region
5.3 Market Dynamics
5.3.1 Drivers
6 Physical Security Market, By Type
6.1 Introduction
6.2 System
6.2.1 Access Control
6.2.1.1 Biometrics
6.2.1.1.1 Fingerprint Recognition
6.2.1.1.2 Face Recognition
7 Physical Security Market, By Vertical
7.1 Introduction
7.2 Government, Defense & Public Sector
7.3 Transportation & Logistics
7.4 Telecom & IT
7.5 Banking, Financial Services, and Insurance
8 Regional Analysis
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia-Pacific
Breakdown of profiles of primaries is presented below:
1. By Company Type: Tier 1-60%, Tier 2 -20%, and Tier 3-20%
2. By Designation: C-level -30%, Director-level -40%, and Others -30%
3. By Region: North America-55%, Europe-25%, Asia-Pacific-20%
The growth of the market can be attributed to the increasing demand of physical security measure to protect against incidences of the terror attack. Controlling access of personnel to protect the assets of business, employees, and customers are considered as a critical factor for the growth of physical security market. Increasing usage of an internet of things (IoT) and smart technologies such as automobile tracking is influencing the growth of physical security market.

Contact Info:
Name: Rishikesh Pathvardhan
Organization: RnRMarketResearch

Source URL: https://marketersmedia.com/physical-security-market-growing-at-10-1-cagr-dominated-by-north-america-to-2022/250063

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Source: MarketersMedia

Release ID: 250063

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