Transparency
Market Research’s (TMR) new report, titled “Physical Security
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 - 2019”, offers key insights into the said market.
According to this report, the global physical security market will
expand at a healthy CAGR of 14.9% during the forecast period from
2013 to 2019. In 2012, the global physical security market was valued
at more than US$48 bn and by 2019, the market’s value is projected
to be more than US$125 bn.
Browse
the full Physical Security Market report at:
Component-wise,
the global physical security market is divided into hardware and
software. The key hardware segments of the global physical security
market are intrusion detection and prevention, access control, and
others. Among components, the video surveillance segment led the
global physical security market in 2012 with a market share of 72%.
In addition to this, the video surveillance segment is projected to
expand at the highest CAGR during the forecast period. In the access
control market, the biometric access control segment held the largest
market share of nearly 38% in 2012.
Software-wise,
the global physical security market is classified into management
analysis and modeling software and physical security information
management (PSIM).
Service-wise,
the global physical security market is segmented into public alert
and warning system, security consulting, public safety answering
point (PSAP), technical support, remote management services, video
surveillance as a service (VSaaS), and others. The VSaaS market is
projected to expand at a marked CAGR of 18.1% till 2020.
Application-wise,
the global physical security market is divided into transportation
and logistics, hospitality and casinos, business organizations,
retail, industrial, chemical facilities, utilities/energy, control
centers, government and public sector, and others. The transportation
and logistics segment dominated the global physical security market
in 2012.
Geography-wise,
the global physical security market is segmented into Asia Pacific,
Europe, North America, and Rest of the World (RoW). North America
dominated the global physical security market in 2012. On the other
hand, Asia Pacific is projected to witness the highest growth, at a
CAGR of 17% during the forecast period. The growing support from
police forces and the government sector to advance security and
prevent the frequent incidents of crime and terror attacks will fuel
this regional market.
Browse
the article of Physical Security Market at:
The
global physical security market is driven by the growing security
concerns around the world and the accelerating budget allocation for
physical security by governments. Moreover, factors such as rising
adoption of physical security systems in business organizations and
growing demand for complex and effective security management products
and solutions will also drive the global physical security market. On
the other hand, the global physical security market will be
restrained by device interoperability issues related to physical
security systems.
Players
in the global physical security market will tap into market
opportunities such as growing awareness regarding smart cities,
utilizing smart security and emerging technologies such as cloud. The
key players operating in the global physical security market are
Morpho SA, Honeywell Security Group, NICE Systems, Siemens AG, Assa
Abloy AB, BM Corporation, McAfee, and EMC Corporation.
Another
prominent trend that will shape the global physical security market
is convergence. In the future, almost all physical security systems
will rely on IT systems and networking protocols to support their
operations. This growing convergence will bring flexibility in
deployment of physical security and drive the global physical
security market in the years to come.
By
Components
By
Hardware
Intrusion detection and prevention
Video surveillance
Analog Cameras
IP Cameras
Digital video recorders (DVRs)
Close circuit television (CCTV)
Encoders
Storage
Network video recorders (NVRs)
Intrusion detection
Panels
Detectors
Keypads
Accessories
Intruder alarms and locks
Access control
Biometrics
Fingerprint recognition
Facial recognition
Iris recognition
Others (voice, signature, hand geometry, so on)
RFID
Active RFID
Passive RFID
Interrogators
Card based access control
Smart cards and readers
Proximity cards and readers
Controllers
Others (touch screens and keypads, barcodes, magnetic stripes,
so on)
Others
Fire and life safety
Visitor management
Backup power
By
Software
Physical security information management (PSIM)
Management analysis and modeling software
By
Services
Video surveillance as a service (VSaaS)
Remote management services
Technical support
Public safety answering point (PSAP)
Security consulting
Public alert and warning system
Others (data source, hosted access control, managed access control,
alert notification, mobile security management)
By
Applications
Transportation and logistics
Aviation
Rail
Ports
Road and city traffic
New starts
Government and public sector
Control centers
Utilities/ energy markets
Fossil generation facilities
Oil and gas facilities
Liquid natural gas facilities (import and export regulations
and market analysis)
Nuclear power
Solar
Wind
Hydro electric
Chemical facilities
Industrial (manufacturing sector
excluding chemical facilities)
Retail
Business organizations (including
IT sector)
Hospitality and casinos
Others (stadiums, educational and
religious infrastructure, healthcare organizations)
By
Geography
North America
Europe
Asia Pacific
Rest of the World (RoW)
Get
the Detailed Analysis of Physical Security Market by Getting the Free
Sample Report at :
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