Published Wed, Mar 9th 2016
Physical Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019. Global Physical Security Market to Exhibit Progressive 14.90% CAGR from 2013 to 2019
On the basis of component, the global market for physical security is broadly divided into software and hardware. Among the major segments studied in the hardware segment, in 2012, the video surveillance segment dominated the overall market, holding a share of 72% in the global physical security market. Moreover, this segment is expected to witness rapid growth throughout the forecast period. On the other hand, in 2012, in the access control segment, the biometric segment accounted for a share of 38% in the global market. Furthermore, the software segment of the global physical security market is further segmented into management analysis and modeling software and physical security information management.
On the basis of application, the global market for physical security has been segmented into the public sector, industrial, business organizations, control centers, hospitality and casinos, government, retail, chemical facilities, transportation and logistics, utilities/energy, and others. Among all these segments, in 2012, the transportation and logistics segment led the overall market and is expected to remain in that position in the next few years.
On the basis of geography, the global physical security market is classified into Asia Pacific, North America, Europe, and Rest of the World. In 2012, the North America region led the overall physical security market. On the other hand, the Asia Pacific market is estimated to grow rapidly, registering a 17% CAGR between 2013 and 2019. The high growth of the market in this region can be attributed to the growing support from the government sector and police forces to develop effective security infrastructure and reduce the rate of terror attacks and crime.
The research study further talks about the competitive landscape of the global physical security market, including the company profile, contact information, product portfolio, financial overview, business policies, SWOT analysis, and recent developments such as major mergers and acquisitions. Some of the major players operating in the global physical security market are Nice Systems, Genetec, Cisco Systems, Assa Abloy, Honeywell Security Group, Vidsys, Pelco, MacAfee, EMC Corporation, Axis Communications, Siemens, IBM, Bosch Security Systems, Morpho SA, CSC, Tyco International Ltd, and Hikvision Digital Technology.
Mr. Sudip .S
Transparency Market Research
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
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