Market Overview:
The global physical security equipment and services market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for physical security equipment and services from various end-use industries, such as government, banking and finance, commercial, transportation, utilities and energy. Additionally, the increasing adoption of advanced technologies in physical security systems is also contributing to the growth of this market. On the basis of type, the global physical security equipment market is segmented into hardware (such as access control systems, video surveillance systems), software (such as video analytics software) and services (such as system integration services). The hardware segment accounted for a major share of the global physical security equipment market in 2017. This can be attributed to factors such as rising demand for advanced access control systems with features such as biometric authentication and RFID tracking among others.
Product Definition:
Physical security equipment and services are used to protect people, places, and things from physical harm. Physical security equipment can include items such as fences, gates, locks, cameras, and alarms. Physical security services can include things such as guard patrols or video monitoring. The importance of physical security equipment and services is that it helps to keep people safe from harm.
Physical Security Equipment:
Physical security equipment and services are used to monitor or control the access of a person or persons to any property, place or event. Physical security equipment is an integral part of physical security which ensures safety at public gatherings, events, parades and festivals. It comprises devices such as surveillance cameras; locks & keypads; fences & gates; sensors & alarms among others.
Physical Security Services:
Physical security services are the set of techniques and procedures used to protect a physical site from threats. It is primarily concerned with protecting assets within the control of the organization against both internal and external threats. Physical security services include perimeter protection, access control, video surveillance, motion detection systems, intrusion detection systems (IDS), fire alarm & suppression systems along with other related services such as logistics support and maintenance.
Physical Security Equipment And Services market by Geographical Region: North America (U.S.
Application Insights:
The government application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growing emphasis of governments across the world on enhancing physical security infrastructure at various levels is expected to remain a prominent trend.
Physical security equipment such as fencing, access control systems, closed-circuit television (CCTV), and others are widely used by governments for protecting government buildings, critical national infrastructure (CNI), military installations, and other assets from potential terrorist attacks. Growing concerns regarding cyber-attacks coupled with rising demand for robust physical security solutions are anticipated to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being the most developed economy, is expected to continue leading in terms of physical security equipment and services demand over the forecast period. However, Asia Pacific is anticipated to register a higher CAGR during the same period owing to increasing government spending on infrastructure development projects and rising terrorist threats across various countries including India, China, Japan etc. Furthermore, growing investments by governments for improving public safety are expected to drive regional growth over the next eight years.
The European region accounted for more than 20% share of global revenue in 2017 due to high demand from several key sectors including banking.
Growth Factors:
- Increasing demand for security from the corporate sector
- Proliferation of data centers and the need for better security measures
- The increasing trend of BYOD in organizations
- Stringent government regulations and compliance requirements
- Growing awareness about physical security threats and solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Security Equipment And Services Market Research Report
By Type
Physical Security Equipment, Physical Security Services
By Application
Government, Banking And Finance, Commercial, Transportation, Utilities And Energy
By Companies
Tyco International Ltd., ADT LLC., Hikvision Digital Technology Co., Ltd., SECOM Co., Ltd., Honeywell International, Inc., Bosch Sicherheitssysteme GmbH, China Security and Surveillance Technology, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Physical Security Equipment And Services Market Report Segments:
The global Physical Security Equipment And Services market is segmented on the basis of:
Types
Physical Security Equipment, Physical Security Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government, Banking And Finance, Commercial, Transportation, Utilities And Energy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tyco International Ltd.
- ADT LLC.
- Hikvision Digital Technology Co., Ltd.
- SECOM Co., Ltd.
- Honeywell International, Inc.
- Bosch Sicherheitssysteme GmbH
- China Security and Surveillance Technology, Inc.
Highlights of The Physical Security Equipment And Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Physical Security Equipment
- Physical Security Services
- By Application:
- Government, Banking And Finance
- Commercial
- Transportation
- Utilities And Energy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Physical Security Equipment And Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Physical security equipment and services are devices, systems, or personnel employed to protect physical assets from unauthorized access or use.
Some of the key players operating in the physical security equipment and services market are Tyco International Ltd., ADT LLC., Hikvision Digital Technology Co., Ltd., SECOM Co., Ltd., Honeywell International, Inc., Bosch Sicherheitssysteme GmbH, China Security and Surveillance Technology, Inc..
The physical security equipment and services market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Physical Security Equipment And Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Physical Security Equipment And Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Physical Security Equipment And Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Physical Security Equipment And Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Physical Security Equipment And Services Market Size & Forecast, 2018-2028
4.5.1 Physical Security Equipment And Services Market Size and Y-o-Y Growth
4.5.2 Physical Security Equipment And Services Market Absolute $ Opportunity
Chapter 5 Global Physical Security Equipment And Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Physical Security Equipment And Services Market Size Forecast by Type
5.2.1 Physical Security Equipment
5.2.2 Physical Security Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Physical Security Equipment And Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Physical Security Equipment And Services Market Size Forecast by Applications
6.2.1 Government
6.2.2 Banking And Finance
6.2.3 Commercial
6.2.4 Transportation
6.2.5 Utilities And Energy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Physical Security Equipment And Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Physical Security Equipment And Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Physical Security Equipment And Services Analysis and Forecast
9.1 Introduction
9.2 North America Physical Security Equipment And Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Physical Security Equipment And Services Market Size Forecast by Type
9.6.1 Physical Security Equipment
9.6.2 Physical Security Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Physical Security Equipment And Services Market Size Forecast by Applications
9.10.1 Government
9.10.2 Banking And Finance
9.10.3 Commercial
9.10.4 Transportation
9.10.5 Utilities And Energy
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Physical Security Equipment And Services Analysis and Forecast
10.1 Introduction
10.2 Europe Physical Security Equipment And Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Physical Security Equipment And Services Market Size Forecast by Type
10.6.1 Physical Security Equipment
10.6.2 Physical Security Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Physical Security Equipment And Services Market Size Forecast by Applications
10.10.1 Government
10.10.2 Banking And Finance
10.10.3 Commercial
10.10.4 Transportation
10.10.5 Utilities And Energy
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Physical Security Equipment And Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Physical Security Equipment And Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Physical Security Equipment And Services Market Size Forecast by Type
11.6.1 Physical Security Equipment
11.6.2 Physical Security Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Physical Security Equipment And Services Market Size Forecast by Applications
11.10.1 Government
11.10.2 Banking And Finance
11.10.3 Commercial
11.10.4 Transportation
11.10.5 Utilities And Energy
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Physical Security Equipment And Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Physical Security Equipment And Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Physical Security Equipment And Services Market Size Forecast by Type
12.6.1 Physical Security Equipment
12.6.2 Physical Security Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Physical Security Equipment And Services Market Size Forecast by Applications
12.10.1 Government
12.10.2 Banking And Finance
12.10.3 Commercial
12.10.4 Transportation
12.10.5 Utilities And Energy
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Physical Security Equipment And Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Physical Security Equipment And Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Physical Security Equipment And Services Market Size Forecast by Type
13.6.1 Physical Security Equipment
13.6.2 Physical Security Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Physical Security Equipment And Services Market Size Forecast by Applications
13.10.1 Government
13.10.2 Banking And Finance
13.10.3 Commercial
13.10.4 Transportation
13.10.5 Utilities And Energy
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Physical Security Equipment And Services Market: Competitive Dashboard
14.2 Global Physical Security Equipment And Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tyco International Ltd.
14.3.2 ADT LLC.
14.3.3 Hikvision Digital Technology Co., Ltd.
14.3.4 SECOM Co., Ltd.
14.3.5 Honeywell International, Inc.
14.3.6 Bosch Sicherheitssysteme GmbH
14.3.7 China Security and Surveillance Technology, Inc.
