The
global physical security market is estimated to grow significantly
and reach a value of US$125.03 billion by 2019. The CAGR at which the
market is estimated to grow is 14.9% during 2013 to 2019.
Browse
the full Physical
Security Market Report
at
http://www.transparencymarketresearch.com/physical-security-market.html
The
market study, titled “Physical Security Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”,
makes for an informative report, having in-depth analysis of past
performances, current trends, and future prospects of the global
physical security market
Physical
security generally refers to the physical and electronic methods
designed to supervise objects and people. Additionally, it is also
employed to limit access and interference to possessions and
information. The services that assist in making the physical security
measures swifter and smoother are defined as physical security
services. Physical security systems are powerful and strong devices
that are utilized in controlling and investigating felonies by having
them deployed in public places such as shopping malls, banks,
multiplexes, automated teller machines (ATMs), casinos, airports, and
others. Increasing frequency of terrorism and rising concerns about
security and protection are some significant factors that are
propelling the global demand for physical security systems. With the
rising insistence for physical security products on the account of
heightened criminal activities, security solutions are being
developed into advanced and complicated systems. This has triggered
the development of the physical security service industry.
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The
physical security market is studied on the basis of components,
application, and region.
In
the component-based division of the physical security market,
video surveillance was considered as the largest market, with around
72% of the total market share in 2012. It is estimated that it will
also be the fastest growing segment during 2013 to 2019. Biometric
access control held the biggest share of around 38% in the access
control market, in 2012.
In
the application-based division of the physical security market,
the transportation market under the transportation and logistics
sector was the biggest application category of the physical security
market in 2012.
Browse
Press Release Physical
Security Market Report
http://www.transparencymarketresearch.com/pressrelease/physical-security-market.htm
In
the region-based division of the physical security market, North
America emerged as the dominant regional market for physical security
in 2012. Asia Pacific is one of the fastest developing physical
security markets rising at a 17% CAGR owing to a considerable boost
from police and governments to advance security to prevent the
frequent incidences of crime and terror attacks in the region.
Siemens
AG, NICE Systems Ltd., Morpho SA (Safran), Honeywell Security Group,
Cisco Systems Inc., BM Corporation, Assa Abloy AB, EMC Corporation,
McAfee Inc, and HikVision Digital Technology Co., Ltd. are some major
players whose market profiles are reviewed in this market study.
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all Technology & Media Market Research Reports @
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