The Physical Security Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Physical Security Market?
The market size of the physical security sector has seen significant growth recently. The market size is projected to increase from $122.5 billion in 2024 to $129.36 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Physical Security Industry?
The Physical Security Global Market is expected to reach $182.34 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%.
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What are the Key Growth Drivers Fueling the Physical Security Market?
The key drivers in the physical security market are:
• Increasing demand for video surveillance systems integrated with access control systems
• The adoption and development of advanced technologies, such as 3D digital LiDAR technology
• Growing emphasis on cloud-based security solutions for centralized operations and real-time monitoring
• Expansion in the use of the Internet of Things (IoT) for real-time security alerts.
Global Market Segmentation: Identifying Major Physical Security Industry Segments
The physical security market covered in this report is segmented –
1) By Component: Systems, Services
2) By Organization Size: Small And Medium-Sized Enterprises(SMEs), Large Enterprises
3) By End-User: Transportation, Government , Banking And Finance, Utility And Energy, Residential, Industrial, Retail, Commercial, Hospitality, Other End Users
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What are the Emerging Trends Shaping the Future of the Physical Security Market?
The key trends in the physical security market are:
• Adoption of cutting-edge technologies such as 3D digital light detection and ranging (lidar) technology is shaping the physical security market.
• The usage of cloud-based security solutions for enhancing workplace safety and centralizing security operations is a growing trend.
• Innovations in products with an emphasis on access management and touchless technology are defining the future of the physical security market.
• A growing trend is the integration of artificial intelligence (AI) and the Internet of Things (IoT) for real-time security alerts, changing the landscape of physical security standards.
Who Are the Top Competitors & Leading Players in the Physical Security Market?
Major companies in the physical security market are:
• Hangzhou Hikvision Digital Technology Co., Ltd
• Allied Universal
• SECOM Co Ltd
• ADT LLC
• Axis Communications AB
• Honeywell International, Inc.
• Dahua Tech
• Stanley Convergent
• Zicom Electronic Security Systems
• Godrej Security Solutions
• Samsung Techwin
• Sony Corporation
• Panasonic Corporation
• Safety Systems
• Genetec
• Bosch Security
• Milestone Systems
• Vanderbilt Industries
• Nedap Security Management
• Avigilon
• G4S Secure Solutions
• Prosegur Compañía de Seguridad, S.A
• Securitas AB
• Salto Systems
• Paxton Access
• ABAX Systems Sp. z o.o
• SATEL S.A.
• ELDES Sp. z o.o
• MICRONIX s.r.o
• 2N Telekomunikace a.s
• AxxonSoft
• Intelligent Security System
• Beward Co
• Securitas Romania
• SSC Security Services Corp
• Paragon Security Verkada Inc
• Ajax Systems
• Ava Security
• Cloudvue
• Evolv Technology
• Securiguard
• Farnek Services LLC
• Safeway Security Services
• Grupo GR
• Brink's
• VIPSEG
• Grupo Forteseg
• Fidelity Services Group
• Halogen Security Company Limited
• Bemil Nigeria Limited
• Proton Security Services
• Securex Agencies Limited
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the physical security market in 2024
