Question 1

Which are some of the major solution providers in the physical security industry worldwide?

Accepted Answer

Axis Communications, ASSA Abloy, Hangzhou Hikvision Digital Technology, Honeywell International, Johnson Controls, and STANLEY Convergent Security Solutions are few prominent companies that offer physical security solutions.

Question 2

Why will Middle East & Africa become a well-known market for physical security systems?

Accepted Answer

The MEA physical security industry share is pegged to record an 11% CAGR through 2027 driven by the growing retail sector, to ensure customer and employee safety across the region.

Question 3

What was the share of the Germany physical security market in 2020?

Accepted Answer

The physical security industry size for the Germany region reached USD 4 billion in 2020 and will grow with increasing requirements from the manufacturing sector for improved safety at production facilities.

Question 4

How big is the physical security industry?

Accepted Answer

The physical security industry size was valued at USD 70 billion in annual value in 2020 and is likely to rise at an 11% CAGR through 2027 owing to a growing demand from the transportation sector.

Question 5

Why are video surveillance systems fostering the physical security industry trends across the U.S?

Accepted Answer

The U.S. industry share from the video surveillance segment is anticipated to grow at around 10% up to 2027 due to the expanding hospitality sector across the region.

Physical Security Market Share

Physical Security Market Share

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