Physical Security Market to reach US$48 bn by 2019 – MRRSE

Posted on 2019-08-12 by Mark Hub in Technology // 0 Comments

Albany, USA, 2019-Aug-12 — /EPR Network/ —Physical security refers to the physical and electronic measures designed to monitor people and objects, and control access and intrusion to property and information. Physical security services are the services that aid and facilitate physical security measures. Physical security systems are powerful tools to prevent and investigate crimes when installed in public places such as multiplexes, shopping malls, automated teller machines (ATMs), airports, banks, casinos, and others. Rising incidences of terrorism and concerns about safety and security are some important reasons driving the demand for physical security systems, globally. With the increasing demand for physical security products due to increased criminal activities, security solutions have become more sophisticated and complicated. This has led to the emergence of services industry in physical security.

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This research report provides in-depth analysis of the global physical security market based on product types, services and end-user applications. In terms of geographical regions, the report segments the global physical security market into North America, Europe, Asia Pacific, and Rest of the World (RoW), analyzed in terms of revenue generation. The report provides a value chain and Porter’s five forces model to identify the ecosystem and analyze the factors that drive and restrain the growth of the market. The report also identifies prospective growth opportunities, prevailing market trends and major strategies enhancing the popularity of physical security products and services. It also provides market estimates and forecast for all the segments of the physical security market in terms of revenue.

The global physical security market is categorized based on component types as hardware, software, and services. The hardware segment comprises intrusion detection and prevention, access control systems, and other products which include visitor management and fire and life safety among others. The intrusion detection and prevention segment is further divided into video surveillance, intruder alarms and locks, and intrusion detection systems. Access control segment comprise radio frequency identification (RFID), biometrics, and card based access control. Physical security software segment includes PSIM (physical security information management) and management analysis and modeling software. The report also segments physical security services as VSaaS (video surveillance as a service), remote management services, technical support, public safety answering point (PSAP), security consulting, public alert and warning systems, and other services.

The research report provides complete insights on different application areas of physical security including transportation and logistics, government and public sector, control centers, utilities/energy markets, chemical facilities, industrial (manufacturing sector excluding chemical facilities), retail, business organizations (including banks and financial institutions and IT sector), hospitality and casinos and others (stadiums, educational and religious infrastructure, healthcare organizations).

The report also includes competitive profiling of major players engaged in manufacturing physical security products and providing physical security services. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. This report also provides market share analysis of major players in the physical security market based on their 2012 revenue. Some of the major players profiled in the report include Axis Communications, Bosch Security Systems, Morpho SA, Genetec, Hikvision Digital Technology, Cisco Systems, Pelco, Honeywell Security Group, Assa Abloy, Tyco International Ltd, EMC Corporation, MacAfee, IBM, CSC, Nice Systems, Vidsys and Siemens, among others.

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The global physical security market is segmented as below:

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)

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