Physical Security Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

  • Single User License $3500

Physical Security Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : September, 2021 | Technology & Media

Report Digest


Global Physical Security Market: Snapshot

Driving the global physical security market at this high growth rate are factors such as a greatly increasing awareness of protecting confidential data and the rapid rate of industrialization creating a sprawling infrastructure landscape. This holds true especially for the Asia Pacific region, with countries such as China and India currently in a state of heavy industrialization. The market is expected to further expand at a promising pace as threats to personal security continue to rise at an alarming pace across the globe.

The global physical security market holds a plethora of hardware, software, and services that stand guard for your data and devices. They protect an institution, enterprise, or agency from major loss of data that could occur in times of physical incidents. The list of physical incidents includes terrorism, theft, vandalism, most natural disasters, and fires. Most organizations pay far more attention to virtual security in order to protect their data from spyware, viruses, Trojans, and hackers than they do to installing physical security measures.

However, the truth is that although physical events might occur less frequently than cyber-attacks, their potency to cause massive damage is greater, as major losses can occur due to even inexperienced thieves. Besides, any organization that plans to stick around for the long run needs to understand that natural disasters and fires are rather inevitable at some point.

Global Physical Security Market: Overview 

The global market for physical security is likely to grow at a progressive rate in the next few years. The growing demand from a wide range of industries across the globe is estimated to benefit the key players operating in the global market. As a result, several new players are making notable efforts to expand their product horizon and enter the market in the coming years. Moreover, the increasing popularity of Internet of Things is expected to generate several growth opportunities for the market players.

Global Physical Security Market: Key Trends 

The leading players in the global physical security market are focusing on technological developments and innovations, including video surveillance, which is estimated to contribute towards the development of the market. In addition, the current developments of smart cities and the increasing use of IP-based cameras is projected to supplement the growth of the global physical security market in the forecast period. Furthermore, the stringent rules and regulations and security compliances associated with physical security are likely to fuel the market’s growth in the near future. 

Global Physical Security Market: Market Potential 

The rising incidences of criminal activities and terror attacks are projected to fuel the growth of the global physical security market in the next few years. In addition, the rising need to protect employees, business assets, and consumers is considered as a major factor predicted to accelerate the growth of the market in the near future.

On the contrary, the lack of synergy among security solutions and the reduced use of advanced technologies are estimated to restrict the development of the physical security market in the near future. Moreover, the key players in the market are expected to face several challenges, owing to the integration of physical and logical components of security. This is projected to hamper the growth of the market. Nonetheless, the rising use of Internet of Things is estimated to generate promising opportunities for key players in the global physical security market. 

Global Physical Security Market: Regional Outlook 

From a regional viewpoint, North America is anticipated to account for a massive share of the global physical security market in the next few years. The high growth of this region can be attributed to the growing need for security against illegal immigration, rising terrorist activities, and other criminal activities. In addition, several advancements in technology, including the introduction of video surveillance are projected to accelerate the growth of the North America market in the near future.

On the flip side, Asia Pacific is likely to exhibit a considerable growth throughout the forecast period. The increasing investments by a large number of small and big organizations for physical security are anticipated to supplement the growth of the market in Asia Pacific in the next few years. In addition, the increasing contribution from Japan, India, China, and Australia is predicted to accelerate the growth of the market in the coming years. 

Global Physical Security Market: Competitive Analysis 

The global physical security market is predicted to witness a high level of competition in the next few years. Some of the leading players operating in the physical security market across the globe are Bosch Security Systems, Inc., Pelco, Senstar Corporation, Cisco Systems, Inc., Genetec Inc., Honeywell International, Inc., Stanley Security, Tyco International PLC, Anixter International Inc., and ADT Corporation.

A tremendous rise in the number of criminal activities and terror attacks across the globe are anticipated to encourage the growth of the global physical security market in the coming few years. Technological advancements and the expansion of the product portfolio are projected to offer promising opportunities for key players operating in the physical security market across the globe. 

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?