Physical Security Market Growth Opportunities & Enhancing the Popularity in Various Segment
Physical Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
Albany, NY -- (SBWire) -- 03/03/2017 --Physical security refers to the physical and electronic measures designed to monitor people and objects, and control access and intrusion to property and information. Physical security services are the services that aid and facilitate physical security measures.
Physical security systems are powerful tools to prevent and investigate crimes when installed in public places such as multiplexes, shopping malls, automated teller machines (ATMs), airports, banks, casinos, and others.
Rising incidences of terrorism and concerns about safety and security are some important reasons driving the demand for physical security systems, globally. With the increasing demand for physical security products due to increased criminal activities, security solutions have become more sophisticated and complicated. This has led to the emergence of services industry in physical security.
This research report provides in-depth analysis of the global physical security market based on product types, services and end-user applications. In terms of geographical regions, the report segments the global physical security market into North America, Europe, Asia Pacific, and Rest of the World (RoW), analyzed in terms of revenue generation. The report provides a value chain and Porter's five forces model to identify the ecosystem and analyze the factors that drive and restrain the growth of the market.
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The report also identifies prospective growth opportunities, prevailing market trends and major strategies enhancing the popularity of physical security products and services. It also provides market estimates and forecast for all the segments of the physical security market in terms of revenue.
The global physical security market is categorized based on component types as hardware, software, and services. The hardware segment comprises intrusion detection and prevention, access control systems, and other products which include visitor management and fire and life safety among others.
The intrusion detection and prevention segment is further divided into video surveillance, intruder alarms and locks, and intrusion detection systems. Access control segment comprise radio frequency identification (RFID), biometrics, and card based access control.
Physical security software segment includes PSIM (physical security information management) and management analysis and modeling software. The report also segments physical security services as VSaaS (video surveillance as a service), remote management services, technical support, public safety answering point (PSAP), security consulting, public alert and warning systems, and other services.
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