DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dm3ckq/physical_security) has announced the addition of the "Physical Security Market by System (Access Control, IP Video Surveillance Software, Locks, PSIM, PID), Services (System Integration, Maintenance & Support, and Designing & Consulting), Vertical, and Region - Global Forecast to 2020" report to their offering.
The global market is estimated to be USD 65.41 Billion in 2015 and is expected to reach USD 105.26 Billion by 2020, at a CAGR 9.98% from 2015 to 2020.
Increasing incidences of crime and terrorism worldwide have impacted the dynamics of the global physical security market. These security threats across the globe have raised several challenges for organizations, which influence them to adopt and implement several security measures. Moreover, technological advancements have impacted the current market dynamics, with the adoption of cloud-based security systems.
The significant increase in incidence of terrorist attacks on government organizations, enterprises, and critical infrastructures in recent years have driven companies and governments to implement robust physical security strategies. Critical infrastructures, such as banks, trade centers, data centers, power and energy generation plants, enterprise facilities, railway stations, and airports, have increased spending on physical security technologies and solutions. Physical security also ensures proper functioning in manufacturing industries by preventing accidents on premises and loss of work hours.
The global physical security market report provides insights on the key market players, challenges, drivers, and in-depth analysis of the future scope of the market. Major players such as Cisco, Anixter, CSC, EMC, Genetec, Honeywell, HP, IBM, and Schneider Electric, among others, have been comprehensively profiled in this report, along with their strategies, developments, and growth. The report on the global physical security market also highlights global adoption trends and future growth potential across different regions in the market.
The report on the Global Physical Security Market segments the overall market;
- Access Control
- Video Surveillance
- Perimeter Intrusion Detection
- Screening and Scanning
- Physical Security Information Management
- Safety and Security
- System Integration
- Maintenance & Support
- Designing & Consulting
- Government & Public Sector
- Transportation and Logistics
- Telecom & IT
- Banking, Financial Services, & Insurance (BFSI)
- Defense & Security
- Anixter International Inc.
- Cisco Systems, Inc.
- EMC Corporation
- Honeywell International
- Lockheed Martin
- Schneider Electric Sa.
For more information visit http://www.researchandmarkets.com/research/dm3ckq/physical_security