Physical Security Market Will Hit Big Revenues In Future | Dahua Technology, Cisco Systems, Johnson Controls … – openPR

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Physical Security

Physical Security

Market Research Forecast published a new research publication on “Global Physical Security Market Insights, to 2030” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Physical Security market was mainly driven by the increasing R&D spending across the world.

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Major players profiled in the study are:
Honeywell International Inc. (U.S.)
Axis Communications AB (Sweden)
Bosch Sicherheitssysteme GmbH (Germany)
Hikvision Digital Technology Co., Ltd. (China)
Dahua Technology Co., Ltd (China)
Johnson Controls (U.S.)
Cisco Systems, Inc. (U.S.)
SECOM CO., LTD. (Japan)
ADT (U.S.)
Genetec Inc. (Canada)

Scope of the Report of Physical Security
The Physical Security Market size was valued at USD 108.83 USD Billion in 2023 and is projected to reach USD 195.14 USD Billion by 2032, exhibiting a CAGR of 8.7 % during the forecast period. In the physical security market, there is protection of the physical assets, people, and property which is done through the use of tangible physical means like access controls, surveillance, and intrusion detection systems. It becomes an essential element in all sectors – commercial, governmental, personal, and industrial – for regulating access as well as for dismissing the methods of theft and vandalism. The most popular types of apps are door locks and security cameras for houses, colleges, data centers, and national facilities. The newest examples show the acceptance of the most sophisticated technologies as biometrics, video analytics, and AI whose abilities for threat detection and response have been enhanced. Central parts of physical security encompass the system of video cameras, access control panels, alarms, and barriers, which are chosen according to concrete security requirements. As threats arise and effective proactive security measures and risk assessment design patterns become crucial, it is expected that physical security will innovate and surprise in the future.

August 2023: Fingerprint Cards AB and BenjiLock partnered to promote premium biometric access control systems.
March 2023: Rhombus, Inc. launched ‘Rhombus Access Control,’ a unified platform for access control, alarm monitoring, video security, and sensor management.
July 2023: Solink Corp raised USD 60 million in a Series C round, led by Goldman Sachs.
December 2022: Hexagon AB acquired Qognify, a security solutions provider.
March 2020: Quantum Corporation expanded its video surveillance and security product portfolio.

The Global Physical Security Market segments and Market Data Break Down are illuminated below:
by Component (Hardware, Software, and Services), by End-user (Residential and Commercial/Industrial), by Type (Video Surveillance Systems, Biometrics & Access Control Systems, Intrusion Detection and Prevention Systems, Fire Detection Systems, Physical Security Information Management (PSIM), by Vertical (BFSI, Government, Healthcare, Manufacturing, Retail, Transportation & Logistics, Energy & Utilities, and Others)

Market Trend:
• Increasing adoption of cloud-based security systems
• Growing demand for AI-powered surveillance systems
• Convergence of physical and cybersecurity

What can be explored with the Physical Security Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Physical Security Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Physical Security
• Understand the Competitive Scenarios
– Track Right Markets
– Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Physical Security Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Physical Security market
Chapter 2: Exclusive Summary – the basic information of the Physical Security Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Physical Security
Chapter 4: Presenting the Physical Security Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2022
Chapter 6: Evaluating the leading manufacturers of the Physical Security market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Physical Security Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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Market Research Forecast is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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