Market Research Logo

Global Physical Security Market By Component (Hardware, Software and Services), By End User (Government, Retail, BFSI, Transportation, IT & Telecom and Others), By Region, Competition, Forecast & Opportunities, 2024

Global Physical Security Market By Component (Hardware, Software and Services), By End User (Government, Retail, BFSI, Transportation, IT & Telecom and Others), By Region, Competition, Forecast & Opportunities, 2024

Global physical security market is projected to exhibit a CAGR of over 8% during the forecast period, growing from $ 83 million in 2018 to $ 136 million by 2024, on account of increasing incidents of terror attacks. Physical security refers to security measures designed for the protection or prevention of unauthorized access to equipment, facilities or resources and other properties from damage and unauthorized physical access. Physical security involves the use of multiple layers which include video surveillance and access control, so as to protect resources. Technological advancements, increasing implementation of mobile based access control and growing deployment of wireless technology in security systems are expected to drive global physical security market in coming years.

Physical security market can be segmented based on the component and end-user. Based on the component, the market can be segmented into hardware, software and services. Hardware segment accounted for the largest market share, on the back of growing deployment of security systems across various end users. Video surveillance is the leading segment in the hardware component and the segment is poised to grow at a high rate during the forecast period, owing to rising implementation of video surveillance systems such as camera, monitor and storage devices in various verticals.

North America dominated global physical security market in 2018 and the region is expected to maintain its leading position during the forecast period as well, on account of growing need for safety against increasing criminal activities and technological developments, in addition to preventing illegal immigration. Moreover, presence of leading players in the region is likely to positively impact the market. Over the coming years, physical security market in Asia-Pacific is anticipated to register strong growth, owing to increasing development activities in economies such as China and India.

Major players operating in global physical security market are Hikvision Digital Technology Co., Ltd., Johnson Controls International plc, Robert Bosch GmbH, ADT LLC, and Honeywell International Inc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In the end of 2018, Johnson Controls introduced the next generation of INTEVO integrated security platform. The COMPACT and INTEVO integrated security platforms were upgraded with better processors, improved graphics and additional IP camera licenses.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global physical security market size.
  • To classify and forecast global physical security market based on component, end user and regional distribution.
  • To identify drivers and challenges for global physical security market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global physical security market.
  • To conduct the pricing analysis for global physical security market.
  • To identify and analyze the profile of leading players operating in global physical security market.
Some of the leading players in global physical security market are Hikvision Digital Technology Co., Ltd., Johnson Controls International plc, Robert Bosch GmbH, ADT LLC, and Honeywell International Inc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated global physical security market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
  • Physical Security service providers
  • Security and intelligence service providers
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to physical security
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global physical security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Market, by Component:
  • Hardware
  • Video Surveillance
  • Access Control
  • Intrusion Detection
  • Others
  • Software
  • Video Management Software
  • Video Analytics Software
  • Others
  • Services
  • System Integration
  • Remote Monitoring
  • Video Surveillance as a Service
  • Access Control as a Service
  • Market, by End User:
  • Government
  • Retail
  • BFSI
  • Transportation
  • IT & Telecom
  • Others
  • Market, by Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Russia
  • Spain
  • Asia-Pacific
  • China
  • Japan
  • Singapore
  • India
  • Australia
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Qatar
  • South America
  • Brazil
  • Colombia
  • Argentina
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global physical security market. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Adoption Factors
4.2. Type of Physical Security Preferred
4.3. Satisfaction from Current Physical Security
5. Global Physical Security Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Hardware, Software and Services)
5.2.1.1. Hardware (Video Surveillance, Access Control, Intrusion Detection and Others)
5.2.1.2. Software (Video Management Software, Video Analytics Software and others)
5.2.1.3. Services (Video Surveillance as a Service, Access Control as a Service, System Integration and Remote Monitoring)
5.2.2. By End User (Government, Retail, BFSI, Transportation, IT & Telecom and Others)
5.2.3. By Region
5.2.4. By Company (2018)
5.3. Market Attractiveness Index
6. North America Physical Security Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By End-User
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States Physical Security Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By End User
6.3.2. Canada Physical Security Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By End User
6.3.3. Mexico Physical Security Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By End User
7. Europe Physical Security Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By End User
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. United Kingdom Physical Security Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By End User
7.3.2. Germany Physical Security Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By End User
7.3.3. France Physical Security Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By End User
7.3.4. Russia Physical Security Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By End User
7.3.5. Spain Physical Security Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By End User
8. Asia-Pacific Physical Security Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By End-User
8.2.3. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Physical Security Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By End User
8.3.2. Japan Physical Security Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By End User
8.3.3. Singapore Physical Security Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By End User
8.3.4. India Physical Security Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By End User
8.3.5. Australia Physical Security Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By End User
9. Middle East & Africa Physical Security Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By End-User
9.2.3. By Country (UAE, Saudi Arabia, Qatar, South Africa and Rest of Middle East & Africa)
9.3. MEA: Country Analysis
9.3.1. UAE Physical Security Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By End User
9.3.2. Saudi Arabia Physical Security Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By End User
9.3.3. South Africa Physical Security Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By End User
9.3.4. Qatar Physical Security Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Component
9.3.4.2.2. By End User
10. South America Physical Security Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By End-User
10.2.3. By Country (Brazil; Argentina; Colombia; and Rest of South America)
10.3. South America: Country Analysis
10.3.1. Brazil Physical Security Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By End User
10.3.2. Colombia Physical Security Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By End User
10.3.3. Argentina Physical Security Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles (Partial List of Leading Companies)
13.2.1. Hikvision Digital Technology Co. Ltd
13.2.2. Johnson Controls International plc
13.2.3. Robert Bosch GmbH
13.2.4. ADT LLC
13.2.5. Honeywell International Inc.
13.2.6. Cisco Systems, Inc.
13.2.7. Anixter International Inc.
13.2.8. Genetec
13.2.9. Secom Co., Ltd
13.2.10. G4S plc
14. Strategic Recommendations
(Note: The companies list can be customized based on the client requirements.)
List Of Figures
Figure 1. Global Physical Security Respondents, Adoption factors
Figure 2. Global Physical Security Respondents, Type of physical security preferred
Figure 3. Global Physical Security Respondents, Satisfaction from current physical security
Figure 4. Global Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 5. Global Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 6. Global Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 7. Global Physical Security Market Share, By Hardware, By Value, 2014-2024F
Figure 8. Global Physical Security Market Share, By Software, By Value, 2014-2024F
Figure:9 Global Physical Security Market Share, By Services, By Value, 2014-2024F
Figure 10. Global Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 11. Global Physical Security Market Share, By Region, By Value, 2018 & 2024F
Figure 12. Global Physical Security Market Share, By Company, By Value, 2018
Figure 13. Global Physical Security Market Attractiveness Index, By Component, By Value, 2019E-2024F
Figure 14. Global Physical Security Market Attractiveness Index, By End User, By Value, 2019E-2024F
Figure 15. Global Physical Security Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 16. North America Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 17. North America Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 18. North America Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 19. North America Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 20. North America Physical Security Market Share, By Country, By Value, 2014-2024F
Figure 21. United States’ Share in North America Physical Security Market, By Value, 2018 & 2024F
Figure 22. United States Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 23. United States Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 24. Canada’s Share in North America Physical Security Market, By Value, 2018 & 2024F
Figure 25. Canada Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 26. Canada Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 27. Mexico’s Share in North America Physical Security Market, By Value, 2018 & 2024F
Figure 28. Mexico Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 29. Mexico Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 30. Europe Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 31. Europe Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 32. Europe Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 33. Europe Physical Security Market Share, By End User, By Value, 2014-2024F
Figure 34. Europe Physical Security Market Share, By Country, By Value, 2014-2024F
Figure 35. United Kingdom Share in Europe Physical Security Market, By Value, 2018 & 2024F
Figure 36. United Kingdom Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 37. United Kingdom Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 38. Germany’s Share in Europe Physical Security Market, By Value, 2018 & 2024F
Figure 39. Germany Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 40. Germany Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 41. France’s Share in Europe Physical Security Market, By Value, 2018 & 2024F
Figure 42. France Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 43. France Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 44. Russia’s Share in Europe Physical Security Market, By Value, 2018 & 2024F
Figure 45. Russia Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 46. Russia Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 47. Spain’s Share in Europe Physical Security Market, By Value, 2018 & 2024F
Figure 48. Spain Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 49. Spain Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 50. Asia-Pacific Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 51. Asia-Pacific Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 52. Asia-Pacific Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 53. Asia-Pacific Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 54. Asia-Pacific Physical Security Market Share, By Country, By Value 2014-2024F
Figure 55. China’s Share in Asia-Pacific Physical Security Market, By Value, 2018 & 2024F
Figure 56. China Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 57. China Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 58. Japan’s Share in Asia-Pacific Physical Security Market, By Value, 2018 & 2024F
Figure 59. Japan Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 60. Japan Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 61. Singapore’s Share in Asia-Pacific Physical Security Market, By Value, 2018 & 2024F
Figure 62. Singapore Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 63. Singapore Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 64. India’s Share in Asia-Pacific Physical Security Market, By Value, 2018 & 2024F
Figure 65. India Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 66. India Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 67. Australia’s Share in Asia-Pacific Physical Security Market, By Value, 2018 & 2024F
Figure 68. Australia Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 69. Australia Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 70. Middle East & Africa Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 71. Middle East & Africa Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 72. Middle East & Africa Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 73. Middle East & Africa Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 74. Middle East & Africa Physical Security Market Share, By Country, By Value, 2014-2024F
Figure 75. UAE’s Share in South America Physical Security Market, By Value, 2018 & 2024F
Figure 76. UAE Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 77. UAE Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 78. Saudi Arabia’s Share in South America Physical Security Market, By Value, 2018 & 2024F
Figure 79. Saudi Arabia Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 80. Saudi Arabia Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 81. South Africa’s Share in South America Physical Security Market, By Value, 2018 & 2024F
Figure 82. South Africa Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 83. South Africa Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 84. Qatar’s Share in Middle East & Africa Physical Security Market, By Value, 2018 & 2024F
Figure 85. Qatar Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 86. Qatar Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 87. South America Physical Security Market Size, By Value (USD Million), 2014-2018
Figure 88. South America Physical Security Market Size, By Value (USD Million), 2019E-2024F
Figure 89. South America Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 90. South America Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 91. South America Physical Security Market Share, By Country, By Value, 2014-2024F
Figure 92. Brazil’s Share in Middle East & Africa Physical Security Market, By Value, 2018 & 2024F
Figure 93. Brazil Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 94. Brazil Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 95. Colombia’s Share in Middle East & Africa Physical Security Market, By Value, 2018 & 2024F
Figure 96. Colombia Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 97. Colombia Physical Security Market Share, By End user, By Value, 2014-2024F
Figure 98. Argentina’s Share in Middle East & Africa Physical Security Market, By Value, 2018 & 2024F
Figure 99. Argentina Physical Security Market Share, By Component, By Value, 2014-2024F
Figure 100. Argentina Physical Security Market Share, By End user, By Value, 2014-2024F
List Of Tables
Table 1. United States Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 2. Canada Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 3. Mexico Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 4. United Kingdom Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 5. Germany Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 6. France Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 7. Russia Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 8. Spain Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 9. China Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 10. Japan Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 11. Singapore Korea Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 12. India Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 13. Australia Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 14. UAE Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 15. Saudi Arabia Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 16. South Africa Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 17. Qatar Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 18. Brazil Arabia Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 19. Colombia Physical Security Market Size, By Value (USD Million), 2014-2024F
Table 20. Argentina Physical Security Market Size, By Value (USD Million), 2014-2024F

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report