Physical Security Market Size, Share & Trends Analysis Report By Component, By Systems (Video Surveillance, Access Control, Intrusion Detection), By Services, By End Use, By Region, And Segment Forecasts, 2020 - 2027

Published: Feb, 2020 | Pages: 145 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global physical security market size is expected to reach USD 171.0 billion by 2027 and is anticipated to register a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Lack of physical security leads to higher rates of burglaries and thefts. Therefore, safeguarding the physical perimeter and individual assets, including expensive technological equipment, has gained importance and is driving the market growth. Increasing awareness about securing the perimeter in developing economies has led to a rise in deployment of IP-based cameras in residential societies as well as commercial complexes and offices. Furthermore, increasing terror threats, border disputes, and refugee crises drive the adoption of stringent safety measures, thereby driving the physical security market growth.

Governments across different countries and regions are taking up smart city initiatives to enhance their infrastructure and are hence deploying improved security systems. Additionally, modernizing the existing infrastructure with robust security measures and strengthening the security of government agencies have been some of the top priorities for governments across developed countries. Organizations are increasingly concerned about employee safety and are hence setting up systems to prevent unauthorized access, further driving the demand for physical security solutions.

China accounted for the largest share of the Asia Pacific market in 2019. The market in China has been strongly supported by the growth in new construction projects and smart city initiatives. Furthermore, the presence of technology giants such as Hangzhou Hikvision Digital Technology Co., Ltd and Dahua Technology Co., Ltd is another factor contributing to the market growth. Companies in the market are focusing on strategic partnerships and acquisitions to enhance their product and service offerings. In August 2019, Dahua Technology Co., Ltd entered into a strategic alliance with Pepper to offer enhanced security to its video as well as non-video IoT services to protect against unauthorized access of data. The partnership would allow the incorporation of Pepper’s intelligent solutions into Dahua Technology Co., Ltd’s hardware.

Further key findings from the study suggest:

• Video surveillance dominated the physical security market with a value of USD 33.1 billion in 2019 as these systems enable real-time continuous monitoring and help lower chances of theft

• System integration is anticipated to dominate the market through the forecast period owing to factors such as stringent regulations and demand for cost-effective systems

• The residential segment is anticipated to register the highest CAGR of more than 7.0% over the forecast period owing to measures taken by consumers to protect their assets from potential threats

• Key companies in the market include Hangzhou Hikvision Digital Technology Co., Ltd.; Honeywell International, Inc.; Johnson Controls; Robert Bosch GmbH; and ADT. These players focus on adopting strategies such as mergers and acquisitions to enhance their market presence

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation & Scope
                 1.2 Market Definition
                 1.3 Methodology
                     1.3.1 Information Procurement
                     1.3.2 Purchased Database
                     1.3.3 GVR’s internal database
                     1.3.4 Secondary sources & third-party perspectives
                     1.3.5 Primary Research
                 1.4 Information Analysis
                 1.5 Market Formulation & Data Visualization
                 1.6 Data Validation & Publishing
                 1.7 List of Abbreviations
Chapter 2 Executive Summary
                 2.1 Market Snapshot
Chapter 3 Physical Security Market Variables, Trends & Scope
                 3.1 Penetration and Growth Prospect Mapping
                 3.2 Physical Security - Value Chain Analysis
                 3.3 Market Dynamics
                     3.3.1 Market driver analysis
                     3.3.2 Market restraint analysis
                 3.4 Industry Analysis Tool
                     3.4.1 Porter’s Five Forces analysis
                     3.4.2 Physical security market - PEST analysis
                 3.5 Physical Security Market: Competitive Analysis
                     3.5.1 Major Deals and Strategic Alliances, 2016-2019
                     3.5.2 Key Company Analysis, 2019
Chapter 4 Physical Security Market: Component Estimates & Trends Analysis
                 4.1 Component Market Analysis & Market Share, 2019 & 2027
                 4.2 Systems
                     4.2.1 Global systems market, by region, 2016 - 2027 (USD Billion)
                 4.3 Services
                     4.3.1 Global services market, by region, 2016 - 2027 (USD Billion)
Chapter 5 Physical Security Market: Systems Estimates & Trends Analysis
                 5.1 Systems Market Analysis & Market Share, 2019 & 2027
                 5.2 Video Surveillance
                     5.2.1 Global video surveillance market, by region, 2016 - 2027 (USD Billion)
                 5.3 Intrusion Detection
                     5.3.1 Global intrusion detection market, by region, 2016 - 2027 (USD Billion)
                 5.4 Access Control
                     5.4.1 Global access control market, by region, 2016 - 2027 (USD Billion)
                 5.5 Exterior Security Systems
                     5.5.1 Global exterior security systems market, by region, 2016 - 2027 (USD Billion)
Chapter 6 Physical Security Market: Services Estimates & Trends Analysis
                 6.1 Services Market Analysis & Market Share, 2019 & 2027
                 6.2 System Integration
                     6.2.1 Global system integration market, by region, 2016 - 2027 (USD Billion)
                 6.3 Remote Monitoring
                     6.3.1 Global remote monitoring market, by region, 2016 - 2027 (USD Billion)
                 6.4 Others
                     6.4.1 Global others market, by region, 2016 - 2027 (USD Billion)
Chapter 7 Physical Security Market: End use Estimates & Trends Analysis
                 7.1 End use Market Analysis & Market Share, 2019 & 2027
                 7.2 Transportation
                     7.2.1 Global transportation market, by region, 2016 - 2027 (USD Billion)
                 7.3 Government
                     7.3.1 Global government market, by region, 2016 - 2027 (USD Billion)
                 7.4 Banking & Finance
                     7.4.1 Global banking & finance market, by region, 2016 - 2027 (USD Billion)
                 7.5 Utility & Energy
                     7.5.1 Global utility & energy market, by region, 2016 - 2027 (USD Billion)
                 7.6 Residential
                     7.6.1 Global residential market, by region, 2016 - 2027 (USD Billion)
                 7.7 Industrial
                     7.7.1 Global industrial market, by region, 2016 - 2027 (USD Billion)
                 7.8 Retail
                     7.8.1 Global retail market, by region, 2016 - 2027 (USD Billion)
                 7.9 Commercial
                     7.9.1 Global commercial market, by region, 2016 - 2027 (USD Billion)
                 7.10 Hospitality
                     7.10.1 Global hospitality market, by region, 2016 - 2027 (USD Billion)
                 7.11 Others
                     7.11.1 Global others market, by region, 2016 - 2027 (USD Billion)
Chapter 8 Physical Security Market: Region Estimates & Trends Analysis
                 8.1 Regional Market Analysis & Market Share, 2019 & 2027
                 8.2 North America
                     8.2.1 North America physical security market, by component, 2016 - 2027 (USD Billion)
                     8.2.2 North America Physical security market, by systems, 2016 - 2027 (USD Billion)
                     8.2.3 North America Physical security market, by services, 2016 - 2027 (USD Billion)
                     8.2.4 North America physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.2.5 U.S.
                         8.2.5.1 U.S. physical security market, by component, 2016 - 2027 (USD Billion)
                         8.2.5.2 U.S. physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.2.5.3 U.S. physical security market, by services, 2016 - 2027 (USD Billion)
                         8.2.5.4 U.S. physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.2.6 Canada
                         8.2.6.1 Canada physical security market, by component, 2016 - 2027 (USD Billion)
                         8.2.6.2 Canada physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.2.6.3 Canada physical security market, by services, 2016 - 2027 (USD Billion)
                         8.2.6.4 Canada physical security market, by end use, 2016 - 2027 (USD Billion)
                 8.3 Europe
                     8.3.1 Europe physical security market, by component, 2016 - 2027 (USD Billion)
                     8.3.2 Europe physical security market, by systems, 2016 - 2027 (USD Billion)
                     8.3.3 Europe physical security market, by services, 2016 - 2027 (USD Billion)
                     8.3.4 Europe physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.3.5 U.K.
                         8.3.5.1 U.K. physical security market, by component, 2016 - 2027 (USD Billion)
                         8.3.5.2 U.K. physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.3.5.3 U.K. physical security market, by services, 2016 - 2027 (USD Billion)
                         8.3.5.4 U.K. physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.3.6 Germany
                         8.3.6.1 Germany physical security market, by component, 2016 - 2027 (USD Billion)
                         8.3.6.2 Germany physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.3.6.3 Germany physical security market, by services, 2016 - 2027 (USD Billion)
                         8.3.6.4 Germany physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.3.7 France
                         8.3.7.1 France physical security market, by component, 2016 - 2027 (USD Billion)
                         8.3.7.2 France physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.3.7.3 France physical security market, by services, 2016 - 2027 (USD Billion)
                         8.3.7.4 France physical security market, by end use, 2016 - 2027 (USD Billion)
                 8.4 Asia Pacific
                     8.4.1 Asia Pacific physical security market, by component, 2016 - 2027 (USD Billion)
                     8.4.2 Asia Pacific physical security market, by systems, 2016 - 2027 (USD Billion)
                     8.4.3 Asia Pacific physical security market, by services, 2016 - 2027 (USD Billion)
                     8.4.4 Asia Pacific physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.4.5 China
                         8.4.5.1 China physical security market, by component, 2016 - 2027 (USD Billion)
                         8.4.5.2 China physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.4.5.3 China physical security market, by services, 2016 - 2027 (USD Billion)
                         8.4.5.5 China physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.4.6 India
                         8.4.6.1 India physical security market, by component, 2016 - 2027 (USD Billion)
                         8.4.6.2 India physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.4.6.3 India physical security market, by services, 2016 - 2027 (USD Billion)
                         8.4.6.4 India physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.4.7 Japan
                         8.4.7.1 Japan physical security market, by component, 2016 - 2027 (USD Billion)
                         8.4.7.2 Japan physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.4.7.3 Japan physical security market, by services, 2016 - 2027 (USD Billion)
                         8.4.7.4 Japan physical security market, by end use, 2016 - 2027 (USD Billion)
                 8.5 Latin America
                     8.5.1 Latin America physical security market, by component, 2016 - 2027 (USD Billion)
                     8.5.2 Latin America physical security market, by systems, 2016 - 2027 (USD Billion)
                     8.5.3 Latin America physical security market, by services, 2016 - 2027 (USD Billion)
                     8.5.4 Latin America physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.5.5 Brazil
                         8.5.5.1 Brazil physical security market, by component, 2016 - 2027 (USD Billion)
                         8.5.5.2 Brazil physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.5.5.3 Brazil physical security market, by services, 2016 - 2027 (USD Billion)
                         8.5.5.4 Brazil physical security market, by end use, 2016 - 2027 (USD Billion)
                     8.5.6 Mexico
                         8.5.6.1 Mexico physical security market, by component, 2016 - 2027 (USD Billion)
                         8.5.6.2 Mexico physical security market, by systems, 2016 - 2027 (USD Billion)
                         8.5.6.3 Mexico physical security market, by services, 2016 - 2027 (USD Billion)
                         8.5.6.4 Mexico physical security market, by end use, 2016 - 2027 (USD Billion)
                 8.6 Middle East & Africa
                     8.6.1 Middle East & Africa physical security market, by component, 2016 - 2027 (USD Billion)
                     8.6.2 Middle East & Africa physical security market, by systems, 2016 - 2027 (USD Billion)
                     8.6.3 Middle East & Africa physical security market, by services, 2016 - 2027 (USD Billion)
                     8.6.4 Middle East & Africa physical security market, by end use, 2016 - 2027 (USD Billion)
Chapter 9 Company Profiles
                 9.1 Axis Communications AB
                     9.1.1 Company overview
                     9.1.2 Financial performance
                     9.1.3 Product benchmarking
                     9.1.4 Recent developments
                 9.2 ASSA ABLOY
                     9.2.1 Company overview
                     9.2.2 Financial performance
                     9.2.3 Product benchmarking
                     9.2.4 Recent developments
                 9.3 ADT LLC
                     9.3.1 Company overview
                     9.3.2 Financial performance
                     9.3.3 Product benchmarking
                     9.3.4 Recent developments
                 9.4 Genetec Inc.
                     9.4.1 Company overview
                     9.4.2 Financial performance
                     9.4.3 Product benchmarking
                     9.4.4 Recent developments
                 9.5 Hangzhou Hikvision Digital Technology Co., Ltd.
                     9.5.1 Company overview
                     9.5.2 Financial performance
                     9.5.3 Product benchmarking
                     9.5.4 Recent developments
                 9.6 Honeywell International Inc.
                     9.6.1 Company overview
                     9.6.2 Financial performance
                     9.6.3 Product benchmarking
                     9.6.4 Recent developments
                 9.7 Johnson Controls International Plc
                     9.7.1 Company overview
                     9.7.2 Financial performance
                     9.7.3 Product benchmarking
                     9.7.4 Recent developments
                 9.8 STANLEY Convergent Security Solutions, Inc.
                     9.8.1 Company overview
                     9.8.2 Financial performance
                     9.8.3 Product benchmarking
                     9.8.4 Recent developments
                 9.9 IDEMIA
                     9.9.1 Company overview
                     9.9.2 Financial performance
                     9.9.3 Product benchmarking
                     9.9.4 Recent developments
                 9.10 Pelco
                     9.10.1 Company overview
                     9.10.2 Financial performance
                     9.10.3 Product benchmarking
                     9.10.4 Recent developments

List of Tables

Table 1 Physical security market, 2016 - 2027 (USD Billion)
Table 2 Physical security market, by component, 2016 - 2027 (USD Billion)
Table 3 Physical security market, by systems, 2016 - 2027 (USD Billion)
Table 4 Physical security market, by services, 2016 - 2027 (USD Billion)
Table 5 Physical security market, by end use, 2016 - 2027 (USD Billion)
Table 6 Physical security market, by region, 2016 - 2027 (USD Billion)
Table 7 Global systems market, by region, 2016 - 2027 (USD Billion)
Table 8 Global services market, by region 2016 - 2027 (USD Billion)
Table 9 Global video surveillance market, by region, 2016 - 2027 (USD Billion)
Table 10 Global intrusion detection market, by region, 2016 - 2027 (USD Billion)
Table 11 Global access control market, by region, 2016 - 2027 (USD Billion)
Table 12 Global exterior security systems market, by region, 2016 - 2027 (USD Billion)
Table 13 Global system integration market, by region, 2016 - 2027 (USD Billion)
Table 14 Global remote monitoring market, by region, 2016 - 2027 (USD Billion)
Table 15 Global others market, by region, 2016 - 2027 (USD Billion)
Table 16 Global transportation market, by region, 2016 - 2027 (USD Billion)
Table 17 Global government market, by region, 2016 - 2027 (USD Billion)
Table 18 Global banking & finance market, by region, 2016 - 2027 (USD Billion)
Table 19 Global utility & energy market, by region, 2016 - 2027 (USD Billion)
Table 20 Global residential market, by region, 2016 - 2027 (USD Billion)
Table 21 Global manufacturing & industrial market, by region, 2016 - 2027 (USD Billion)
Table 22 Global retail market, by region, 2016 - 2027 (USD Billion)
Table 23 Global commercial market, by region, 2016 - 2027 (USD Billion)
Table 24 Global hospitality market, by region, 2016 - 2027 (USD Billion)
Table 25 Global other end uses market, by region, 2016 - 2027 (USD Billion)
Table 26 North America physical security market, by component, 2016 - 2027 (USD Billion)
Table 27 North America physical security market, by systems, 2016 - 2027 (USD Billion)
Table 28 North America physical security market, by services, 2016 - 2027 (USD Billion)
Table 29 North America physical security market, by end use, 2016 - 2027 (USD Billion)
Table 30 U.S. physical security market, by component, 2016 - 2027 (USD Billion)
Table 31 U.S. physical security market, by systems, 2016 - 2027 (USD Billion)
Table 32 U.S. physical security market, by services, 2016 - 2027 (USD Billion)
Table 33 U.S. physical security market, by end use, 2016 - 2027 (USD Billion)
Table 34 Canada physical security market, by component, 2016 - 2027 (USD Billion)
Table 35 Canada physical security market, by systems, 2016 - 2027 (USD Billion)
Table 36 Canada physical security market, by services, 2016 - 2027 (USD Billion)
Table 37 Canada physical security market, by end use, 2016 - 2027 (USD Billion)
Table 38 Europe physical security market, by component, 2016 - 2027 (USD Billion)
Table 39 Europe physical security market, by systems, 2016 - 2027 (USD Billion)
Table 40 Europe physical security market, by services, 2016 - 2027 (USD Billion)
Table 41 Europe physical security market, by end use, 2016 - 2027 (USD Billion)
Table 42 U.K. physical security market, by component, 2016 - 2027 (USD Billion)
Table 43 U.K. physical security market, by systems, 2016 - 2027 (USD Billion)
Table 44 U.K. physical security market, by services, 2016 - 2027 (USD Billion)
Table 45 U.K. physical security market, by end use, 2016 - 2027 (USD Billion)
Table 46 Germany physical security market, by component, 2016 - 2027 (USD Billion)
Table 47 Germany physical security market, by systems, 2016 - 2027 (USD Billion)
Table 48 Germany physical security market, by services, 2016 - 2027 (USD Billion)
Table 49 Germany physical security market, by end use, 2016 - 2027 (USD Billion)
Table 50 France physical security market, by component, 2016 - 2027 (USD Billion)
Table 51 France physical security market, by systems, 2016 - 2027 (USD Billion)
Table 52 France physical security market, by services, 2016 - 2027 (USD Billion)
Table 53 France physical security market, by end use, 2016 - 2027 (USD Billion)
Table 54 Asia Pacific physical security market, by component, 2016 - 2027 (USD Billion)
Table 55 Asia Pacific physical security market, by systems, 2016 - 2027 (USD Billion)
Table 56 Asia Pacific physical security market, by services, 2016 - 2027 (USD Billion)
Table 57 Asia Pacific physical security market, by end use, 2016 - 2027 (USD Billion)
Table 58 China physical security market, by component, 2016 - 2027 (USD Billion)
Table 59 China physical security market, by systems, 2016 - 2027 (USD Billion)
Table 60 China physical security market, by services, 2016 - 2027 (USD Billion)
Table 61 China physical security market, by end use, 2016 - 2027 (USD Billion)
Table 62 India physical security market, by component, 2016 - 2027 (USD Billion)
Table 63 India physical security market, by systems, 2016 - 2027 (USD Billion)
Table 64 India physical security market, by services, 2016 - 2027 (USD Billion)
Table 65 India physical security market, by end use, 2016 - 2027 (USD Billion)
Table 66 Japan physical security market, by component, 2016 - 2027 (USD Billion)
Table 67 Japan physical security market, by systems, 2016 - 2027 (USD Billion)
Table 68 Japan physical security market, by services, 2016 - 2027 (USD Billion)
Table 69 Japan physical security market, by end use, 2016 - 2027 (USD Billion)
Table 70 Latin America physical security market, by component, 2016 - 2027 (USD Billion)
Table 71 Latin America physical security market, by systems, 2016 - 2027 (USD Billion)
Table 72 Latin America physical security market, by services, 2016 - 2027 (USD Billion)
Table 73 Latin America physical security market, by end use, 2016 - 2027 (USD Billion)
Table 74 Brazil physical security market, by component, 2016 - 2027 (USD Billion)
Table 75 Brazil physical security market, by systems, 2016 - 2027 (USD Billion)
Table 76 Brazil physical security market, by services, 2016 - 2027 (USD Billion)
Table 77 Brazil physical security market, by end use, 2016 - 2027 (USD Billion)
Table 78 Mexico physical security market, by component, 2016 - 2027 (USD Billion)
Table 79 Mexico physical security market, by systems, 2016 - 2027 (USD Billion)
Table 80 Mexico physical security market, by services, 2016 - 2027 (USD Billion)
Table 81 Mexico physical security market, by end use, 2016 - 2027 (USD Billion)
Table 82 Middle East & Africa physical security market, by component, 2016 - 2027 (USD Billion)
Table 83 Middle East & Africa physical security market, by systems, 2016 - 2027 (USD Billion)
Table 84 Middle East & Africa physical security market, by services, 2016 - 2027 (USD Billion)
Table 85 Middle East & Africa physical security market, by end use, 2016 - 2027 (USD Billion)

List of Figures

Fig. 1 Market segmentation & scope
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Market snapshot
Fig. 5 Physical security market, 2016 - 2027 (USD Billion)
Fig. 6 Market penetration & growth prospect mapping
Fig. 7 Value chain analysis
Fig. 8 Market driver analysis
Fig. 9 Market challenge analysis
Fig. 10 Porter's analysis
Fig. 11 PEST analysis
Fig. 12 Component market analysis & market share, 2019 & 2027
Fig. 13 Systems market analysis & market share, 2019 & 2027
Fig. 14 Services market analysis & market share, 2019 & 2027
Fig. 15 End use market analysis & market share, 2019 & 2027
Fig. 16 Regional market analysis & market share, 2019 & 2027