Physical Security Market to Grow at a 15.49% CAGR by 2019 - New Research Report at ReportsnReports.com
Dallas,TX (PRWEB) December 30, 2014 -- One major trend upcoming in this market is the emergence of ubiquitous sensors that increase the availability of physical security systems. Ubiquitous sensors are smaller in size and can be used for mobile applications, transforming them into smart objects. The usage of ubiquitous sensors will have a positive impact on the security of business critical data and the maintenance of confidentiality. The Physical Security Market is expected to grow at a CAGR of 15.49 percent during the forecast period of 2014-2019.
Enterprises and government organizations are increasingly opting for surveillance systems for maintaining security and monitoring intrusion and theft. Hence, there is a growth in the number of installations of surveillance cameras globally.
Many vendors in the Global Physical Security market are developing customized solutions to cater to the specific needs of customers. Vendors are also providing open architecture systems that are designed to adapt to the current network environment.
Physical security is the method that involves securing an organization's data, hardware, network, and programs that can be damaged by an external agency, leading to the loss of organizational and brand value. The damage by an external agency can be through burglary, data theft, and terrorism. There are a number of hardware devices and software that are being adopted by government organizations and enterprises to ensure the physical security of business critical data. The increasing instances of criminal activities in recent years are a major reason for the high adoption of physical security methods. The hardware devices used for physical security include surveillance and access control systems. In addition, several cloud-based services and software are available in the market. These solutions ensure the security of data and help to prevent data theft and burglary.
The Global Physical Security market is segmented on the basis of the following:
• End-users: Government, Retail, Transportation, BFSI, and Education sectors
• Component types: surveillance systems, access control systems, software, and cloud-based services
• Geography: North America, Europe, APAC, MEA, and Latin America
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Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
07. Market Landscape
08. Market Segmentation by Components
09. Market Segmentation by End-users
10. Geographical Segmentation
11. Market Attractiveness
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
21. Key Insights
22. Assumptions
23. Other Reports in this Series
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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