[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Physical Security Market Report by Component (System, Services), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), Industry Vertical (Retail, Transportation, Residential, IT and Telecom, BFSI, Government, and Others), and Region 2024-2032

March 2024 | 139 pages | ID: P9B870213B1EEN
IMARC Group

US$ 3,899.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global physical security market size reached US$ 124.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 211.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.

Physical security protects physical assets, personnel, software, hardware, networks, and property from physical actions and events that could cause profound loss or damage. Some of these instances include natural disasters, burglary, fire, floods, robbery, vandalism, terrorism, and theft. It involves the use of multiple layers of interdependent systems, including perimeter intrusion detection, access control, security systems, locks, deterrent systems, fire protection, CCTV surveillance, and security guards. Physical security assists in tracking security breaches, preventing unauthorized access to facilities, and maintaining trust and confidence. As a result, physical security finds extensive applications across the transportation, retail, information technology (IT), telecommunications and banking, financial services, and insurance (BFSI) industries.

Physical Security Market Trends:
Increasing security concerns and a surge in terror attacks across the globe are creating a positive outlook for the market. Governments of various countries are focusing on installing advanced video surveillance and access control systems to prevent terrorism, crime incidents, and severe damage to infrastructure and people. Additionally, the growing utilization of drones, smart fence sensors, and mass notification systems (MNS) for surveillance at major events or assemblies is favoring the market growth. Apart from this, the integration of artificial intelligence (AI) to identify potential areas of compromise while analyzing images, videos, and other data to differentiate threats from standard activities are providing an impetus to the market growth. Moreover, the increasing awareness about physical security solutions in residential spaces owing to the increasing theft and robbery incidences is acting as another growth-inducing factor. Furthermore, the installation of automated home security solutions for door locking and intruder, fire, and LPG gas leakage detections are positively influencing the market growth. Other factors, including increasing digitization, widespread adoption of cloud-based data storage, and the rising demand for video surveillance solutions for efficient monitoring of large areas, are supporting the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global physical security market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, enterprise size and industry vertical.

Breakup by Component:

System
Services

Breakup by Enterprise Size:

Large Enterprises
Small and Medium-sized Enterprises

Breakup by Industry Vertical:

Retail
Transportation
Residential
IT and Telecom
BFSI
Government
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ADT LLC, Assa Abloy AB, Axis Communications AB (Canon Inc.), Cisco Systems Inc., Genetec Inc., Hangzhou Hikvision Digital Technology Co. Ltd. (China Electronics Technology Group Corporation), Honeywell International Inc., Johnson Controls International, Pelco Incorporated (Motorola Solutions Inc.), Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Senstar Corporation, Siemens AG and STANLEY Convergent Security Solutions Inc. (Stanley Black & Decker Inc.).

Key Questions Answered in This Report

1. What was the size of the global physical security market in 2023?
2. What is the expected growth rate of the global physical security market during 2024-2032?
3. What are the key factors driving the global physical security market?
4. What has been the impact of COVID-19 on the global physical security market?
5. What is the breakup of the global physical security market based on the component?
6. What is the breakup of the global physical security market based on enterprise size?
7. What is the breakup of the global physical security market based on the industry vertical?
8. What are the key regions in the global physical security market?
9. Who are the key players/companies in the global physical security market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL PHYSICAL SECURITY MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 System
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY ENTERPRISE SIZE

7.1 Large Enterprises
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Small and Medium-sized Enterprises
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY INDUSTRY VERTICAL

8.1 Retail
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Transportation
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Residential
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 IT and Telecom
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 BFSI
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Government
  8.6.1 Market Trends
  8.6.2 Market Forecast
8.7 Others
  8.7.1 Market Trends
  8.7.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 ADT LLC
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Assa Abloy AB
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Axis Communications AB (Canon Inc.)
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 Cisco Systems Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 Genetec Inc.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Hangzhou Hikvision Digital Technology Co. Ltd. (China Electronics Technology Group Corporation)
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Honeywell International Inc.
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Johnson Controls International
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Pelco Incorporated (Motorola Solutions Inc.)
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 Senstar Corporation
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Siemens AG
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
  14.3.13 STANLEY Convergent Security Solutions Inc. (Stanley Black & Decker Inc.)
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Physical Security Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Physical Security Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Physical Security Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
Table 4: Global: Physical Security Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 5: Global: Physical Security Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Physical Security Market: Competitive Structure
Table 7: Global: Physical Security Market: Key Players

LIST OF FIGURES

Figure 1: Global: Physical Security Market: Major Drivers and Challenges
Figure 2: Global: Physical Security Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Physical Security Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Physical Security Market: Breakup by Component (in %), 2023
Figure 5: Global: Physical Security Market: Breakup by Enterprise Size (in %), 2023
Figure 6: Global: Physical Security Market: Breakup by Industry Vertical (in %), 2023
Figure 7: Global: Physical Security Market: Breakup by Region (in %), 2023
Figure 8: Global: Physical Security (System) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Physical Security (System) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Physical Security (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Physical Security (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Physical Security (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Physical Security (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Physical Security (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Physical Security (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Physical Security (Retail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Physical Security (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Physical Security (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Physical Security (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Physical Security (Residential) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Physical Security (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Physical Security (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Physical Security (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Physical Security (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Physical Security (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Physical Security (Government) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Physical Security (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Physical Security (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Physical Security (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia-Pacific: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia-Pacific: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Physical Security Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Physical Security Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: Physical Security Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: Physical Security Industry: SWOT Analysis
Figure 80: Global: Physical Security Industry: Value Chain Analysis
Figure 81: Global: Physical Security Industry: Porter's Five Forces Analysis


More Publications