New York, NY -- (SBWIRE) -- 09/06/2017 -- Data Center Physical Security Market:

Executive Summary

Data Center Physical Security Market is expected to witness a compound annual growth rate of 17.04% over the period 2017 to 2022. Servers and storage units housed in the data centers require physical security from external threats capable of disrupting key business activities. Video surveillance through cameras, access control systems, perimeter security among others are some of the major security solutions being deployed by enterprises for physical security of data centers. The growth of data center physical security market is also facilitated by the global rise in the number of new data centers, increasing security concerns over crucial data, and growing adoption of advanced security solutions. Adoption of innovative products and solutions is facilitating efficient monitoring and management of personnel for the data center facility is also contributing to the market growth.

By Vertical

By vertical, BFSI sector accounted for significant market share in 2016. Factors like increasing number of data centers holding curial data and growth of digital banking and the huge volume of customer data significantly contribute to this segment's growth. Moreover, government policies and initiatives for data security and privacy in BSFI sector further contributes to the BFSI segment growth in data center physical security market.

By Geography

North America accounted for the largest market share during 2016 and is expected to maintain its dominance over the forecasted period. Early adoption of security technologies due to increasing security threats over the years is augmenting the regional market growth. Asia Pacific is expected to grow at the fastest CAGR over the projected period. Investments in ICT infrastructure and growing BFSI sector, especially in developing economies of China and India is creating ample opportunities for the data center physical security solution vendors. This is attracting international players in the market while augmenting the regional market growth over the forecast period.

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Competitive Insight

The large vendors owing to their capability to invest in continuous R&D and prior industry knowledge restrict entry of new players in the market. However, favorable policies and growing demand for data center security solutions significantly enhance the competitive rivalry within the industry. The data center physical security market is highly competitive in terms of price, technology, and additional services being offered. In order to sustain in the market, the players are focusing on innovation and product line extension. Some of the major players discussed in the report include Assa Abloy, Honeywell, Morpho, Tyco International, Siemens, Schneider Electric, Cisco System, Bosh Security System, and Axis Communication.

Segmentation

Thirdly, Data center physical security market has been segmented by type, solution, service, vertical, and geography.

By Type

Hardware
Software
Services

By Solution

Video Surveillance
Monitoring Solutions
Access Control Solutions
Others

By Service

Security Consulting Services
System Integration Services
Professional Services

By Vertical

IT and Telecom
BFSI
Government
Healthcare
Energy
Education
Retail
Others

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By Geography

Americas

North America
S.
Canada
Mexico
Others

South America

Brazil
Argentina
Others

Europe Middle East and Africa

Europe
UK
Germany
France
Others

Middle East and Africa

Saudi Arabia
Israel
Others

Asia Pacific

Japan
China
India
Australia
Others

Table of Contents

Introduction
Research Methodology
Executive Summary
Market Dynamics
Global Data Center Physical Security Market Forecast by Type (US$ billion)
Global Data Center Physical Security Market Forecast by Solution (US$ billion)
Global Data Center Physical Security Market Forecast by Service (US$ billion)
Global Data Center Physical Security Market Forecast by Vertical (US$ billion)
Global Center Physical Security Market Forecast by Geography (US$ billion)
Competitive Intelligence
Company Profiles
List of Tables

List of Figures

Continued…

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