Major Vendors are Honeywell, Siemens, Bosch, Cisco, Savvis, and IBM
(PRWEB) September 09, 2013
The report "Physical Security Market By Products (Video surveillance, Access Control, Biometrics, Intrusion Detection, Security Systems), Services (Remote Management, Technical Support, Security Consulting) Worldwide Market Forecasts and Analysis (2013 – 2018)", which analyzed and studied the major market drivers, restraints, and opportunities in North America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific (including Japan) and Latin America.
Browse 138 market data tables and 32 figures spread through 230 pages and in-depth Table of Content on “Physical Security Market”.
Early buyers will receive 10% customization on this report.
The study reports that the global physical security market is expected to grow from $55.59 billion in 2013 to $85.51 billion in 2018, at a CAGR of 9.0% from 2013 to 2018.
In the Physical Security market, a wide range of products and services, such as video surveillance, access control, biometrics, remote management, technical support, security consulting, are included. Biometrics holds a major share in the products range. It is expected that access control market will continue to grow at a higher pace. The physical security market will witness a good growth trend in developing economies.
There will be a rise in demand for physical security solutions and services in these regions. With an increase in terrorist attacks and sabotages on critical infrastructure zones, the spending on physical security solutions and services will increase in the coming years. Besides, an increase in market acceptance for such solutions and services will be fuelling its growth. End users or consumers are not only looking for various devices, but they are increasingly interested in tailor made solutions and integrated packages.
The recent trends in the industry show that physical security market is continually improving, and there is a huge demand for physical security solutions and services in almost every industry. The current services, such as remote management, security consulting, and technical support, are suitable for usage in almost every vertical. Some of the advanced products are next generation analytics and infinite storage devices. In the recent times, there has been continuous innovation in this market. Ubiquitous sensor, smarter devices, and cloud technology are some of the emerging technologies in the physical security market.
Browse related reports
Data Center Security Market [Logical Security (IDS, IPS, DDOS, VPN, DNS, SSL, DLP, UTM, IAM, SIEM, DR, ILM); Physical Security (PSIM, PIAM, Biometrics, HDCCTV, Video Surveillance, Analytics)]: Global Advancements, Forecasts & Analysis (2013-2018)
Critical Infrastructure Protection (CIP) Market [Network Security, Physical Security, CIP Radars, CBRNE Detection; Vehicle Identification, Secure Communication; SCADA Security, Building Management]: Global Advancements, Market Forecasts & Analysis (2013 - 2018)
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets