Market Overview:
The global physical security software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based and web-based physical security software solutions. In addition, the increasing adoption of physical security software by in-house security departments and third-party security companies is also contributing to the growth of this market. However, lack of awareness about benefits offered by physical security software solutions may restrain the growth of this market during the forecast period. On the basis of type, cloud-based physical security software held a major share in 2017 and is expected to grow at a CAGR of 11% during 2018–2030 owing to its advantages such as scalability, flexibility, and low cost over traditional on premise systems.
Product Definition:
Physical security software is a type of software that is used to protect physical devices and resources from unauthorized access or use. This type of software can be used to control access to physical devices, such as computers and networks, or to track the use of these devices. Physical security software can also be used to monitor activity in physical areas, such as office buildings or data centers.
Cloud Based:
Cloud-based solutions are software-as-a-service (SaaS) applications that run on the cloud and can be remotely accessed by authorized users. The physical security software industry is expected to witness significant growth over the forecast period owing to increasing awareness regarding cyber threats, government mandates for data encryption, and growing concerns about privacy protection.
Web Based:
The global web-based and it's usage in physical security software market size was valued at USD 0.87 billion in 2016. The industry is expected to witness a CAGR of XX% over the forecast period. Web-based applications are gaining popularity as they offer numerous benefits such as easy access, cost effectiveness, reliability, and flexibility among others which is anticipated to drive the growth during the forecast period.
Application Insights:
The in-house security departments application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing demand from enterprises to secure their physical infrastructure and networks. In-house security departments require robust solutions that can effectively manage access control, monitor network activity, detect and prevent breaches from occurring at enterprise facilities, and raise alerts when a breach is detected. These solutions also offer granular user management capabilities along with advanced analytics capabilities to enhance overall facility protection at an institutional level.
The third-party security companies segment is expected register significant growth over the forecast period owing to rising awareness among organizations about protecting data through sound information technology policies as well as effective implementation of physical security software by highly skilled professionals across IT infrastructures globally.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing government initiatives and investments in physical security technologies. For instance, according to a white paper published by Infosecurity Magazine, Inc., titled “The 2018 North American Security Landscapeâ€, there were around 1,500 bills introduced that would impact information security practices across North America during 2017 alone. Such an increase in proposed legislation has created a huge demand for effective physical security solutions across various sectors including healthcare and financial services among others.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due of increasing awareness about data theft and frauds committed via mobile phones or internet accounts which result into loss of money as well as reputation affecting businesses adversely.
Growth Factors:
- Increasing demand for physical security from the commercial and industrial sectors
- Proliferation of Internet of Things (IoT) and big data analytics is expected to drive the growth of physical security software market
- The increasing trend of BYOD (Bring Your Own Device) is also anticipated to fuel the growth of this market
- Growing concerns over safety and security are expected to propel the demand for physical security software solutions
- Rising investments in smart city projects are also projected to boost the growth prospects for this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Security Software Market Research Report
By Type
Cloud Based, Web Based
By Application
In-house Security Departments, Third-party Security Companies
By Companies
Omnigo, Hikvision, Mobotix, Blue Iris, Brivo, TrackTik, Alarm.com for Business, Eagle Eye Networks, Evolv Technology, ISS 24/7 CheckPoint, Lighthouse.io, Nest Aware
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Physical Security Software Market Report Segments:
The global Physical Security Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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
In-house Security Departments, Third-party Security Companies
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:
- Omnigo
- Hikvision
- Mobotix
- Blue Iris
- Brivo
- TrackTik
- Alarm.com for Business
- Eagle Eye Networks
- Evolv Technology
- ISS 24/7 CheckPoint
- Lighthouse.io
- Nest Aware
Highlights of The Physical Security Software 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:
- Cloud Based
- Web Based
- By Application:
- In-house Security Departments
- Third-party Security Companies
- 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 Software 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
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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 software is a type of software that helps protect information by preventing unauthorized access to computers and data. It can also help identify and prevent attacks on systems.
Some of the key players operating in the physical security software market are Omnigo, Hikvision, Mobotix, Blue Iris, Brivo, TrackTik, Alarm.com for Business, Eagle Eye Networks, Evolv Technology, ISS 24/7 CheckPoint, Lighthouse.io, Nest Aware.
The physical security software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Physical Security Software 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 Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Physical Security Software 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 Software 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 Software Market Size & Forecast, 2018-2028
4.5.1 Physical Security Software Market Size and Y-o-Y Growth
4.5.2 Physical Security Software Market Absolute $ Opportunity
Chapter 5 Global Physical Security Software 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 Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Physical Security Software 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 Software Market Size Forecast by Applications
6.2.1 In-house Security Departments
6.2.2 Third-party Security Companies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Physical Security Software 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 Software 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 Software Analysis and Forecast
9.1 Introduction
9.2 North America Physical Security Software 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 Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 Software Market Size Forecast by Applications
9.10.1 In-house Security Departments
9.10.2 Third-party Security Companies
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 Software Analysis and Forecast
10.1 Introduction
10.2 Europe Physical Security Software 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 Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 Software Market Size Forecast by Applications
10.10.1 In-house Security Departments
10.10.2 Third-party Security Companies
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 Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Physical Security Software 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 Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 Software Market Size Forecast by Applications
11.10.1 In-house Security Departments
11.10.2 Third-party Security Companies
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 Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Physical Security Software 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 Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 Software Market Size Forecast by Applications
12.10.1 In-house Security Departments
12.10.2 Third-party Security Companies
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 Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Physical Security Software 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 Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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 Software Market Size Forecast by Applications
13.10.1 In-house Security Departments
13.10.2 Third-party Security Companies
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 Software Market: Competitive Dashboard
14.2 Global Physical Security Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omnigo
14.3.2 Hikvision
14.3.3 Mobotix
14.3.4 Blue Iris
14.3.5 Brivo
14.3.6 TrackTik
14.3.7 Alarm.com for Business
14.3.8 Eagle Eye Networks
14.3.9 Evolv Technology
14.3.10 ISS 24/7 CheckPoint
14.3.11 Lighthouse.io
14.3.12 Nest Aware
