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Transparency Market
Research
Physical Security Market- Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2013 – 2019
Published Date
2014-01-09
229 Page Report
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Press Release
Global Physical Security Market to Soar at 14.9% CAGR till 2019
thanks to Rising Adoption in Business Organizations
Transparency Market Research
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Physical Security Market
REPORT DESCRIPTION
Physical Security Market- Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2013 – 2019
The worldwide market for physical security was valued at USD 48.05 billion in 2012 and is projected to
reach the market size of USD 125.03 billion by 2019, growing at a CAGR of 14.9% during the period from
2013 to 2019. Some of the major factors driving the demand for physical security include rising global
security concerns and increasing budget allocations for physical security by governments to prevent
terrorism and crime activities. In addition, regulations imposed by governments of different countries
demanding increased security levels is driving the adoption of physical security in several end-user sectors
including industrial and business organizations. Continued investments in infrastructure worldwide,
especially, in Asia Pacific region is expected to emerge as a significant factor behind the growth of physical
security market in coming years.
Browse the full Physical Security Market report at:
http://www.transparencymarketresearch.com/physical-security-market.html
The primary concern in physical security is the protection and prevention in order to serve security
interests of people, equipment, and property. The increase in incidences of terror activities and crime has
resulted in escalated demand for physical security solutions. It is expected that internet protocol (IP) video,
sophisticated access...