physical security market forecast to 2022 by scalar market research

1

Physical Security Market, by Components

(Hardware, Software, Service), End-users

(Banking & Finance, Commercial,

Education, Government, Healthcare,

Manufacturing & Industrial, Residential,

Retail, Sports & Leisure, Transportation,

Utilities & Energy) – Global Revenue,

Trends, Growth, Share, Size and

Forecast to 2022

November 2016

2

About Scalar Market Research

Scalar Market Research, Inc. is a Chicago, U.S.-based market research and

consulting firm that serves Fortune 1000 companies, leading businesses, and

upcoming organizations from around the world to help them achieve their business

goal of sustainable revenue growth, utilizing Scalar's premium market research

reports and consulting services to make critical strategic decisions.

Our real-time industry data tracking, with the help of advanced analytics and

machine learning, offers our clients highly accurate 360-degree perspective of key

developments in niche markets. Our team of industry experts, with a thorough

understanding of global markets and cumulative industry experience spanning 100+

years, work relentlessly to help our clients realize their most important business

goals.

Terms of Use

This report bears a contractual agreement between Scalar Market Research and the

buyer. No part of the content of this report can be shared or published to other

individuals, companies, subsidiaries, divisions, or subdivisions of any organization.

The redistribution of the report in any manner is strictly prohibited without the prior

permission of Scalar Market Research. The publisher will, in-turn, regard the privacy

of the purchaser, and will keep it confidential. This report is informative material and

is not meant for managerial, legal or accounting advice. This publication in no case

should be used as an endorsement of any product, a corporate guide or, business

manual.

Copyright © 2016 Scalar Market Research, Inc., USA

All Rights Reserved. This document enclosing highly confidential information is the sole

property of Scalar Market Research. No part of this document shall be reproduced, copied,

quoted, circulated, or otherwise shared without prior approval of Scalar Market Research.

SAMPLE

3

Table of Contents

1 MARKET OVERVIEW ...................................................................................................................... 15

1.1 Definitions ............................................................................................................................. 15

1.2 Research Methodology ......................................................................................................... 16

1.2.1 Primary Data ................................................................................................................. 16

1.2.2 Secondary Data ............................................................................................................. 17

1.2.3 Machine Learning .......................................................................................................... 18

1.2.4 Research Scope ............................................................................................................. 18

1.2.5 Years Considered .......................................................................................................... 19

1.2.6 Currency & Pricing......................................................................................................... 20

1.3 Market Segmentation ........................................................................................................... 20

1.4 Key Objectives & Benefits of the Report............................................................................... 22

1.4.1 Objectives of the Report ............................................................................................... 22

1.4.2 Key Benefits of the Report ............................................................................................ 22

2 EXECUTIVE SUMMARY .................................................................................................................. 23

3 MARKET DYNAMICS ...................................................................................................................... 25

3.1 Drivers ................................................................................................................................... 25

3.2 Restraints .............................................................................................................................. 25

3.3 Opportunities ........................................................................................................................ 26

3.4 Premium Industry Trends ..................................................................................................... 26

4 INDUSTRY ANALYSIS ...................................................................................................................... 27

4.1 Value Chain Analysis ............................................................................................................. 27

4.2 Ecosystem Analysis ............................................................................................................... 27

5 PHYSICAL SECURITY MARKET, BY COMPONENTS ......................................................................... 28

5.1.1 Global Physical Security Market Share (%), By Components, 2016 & 2022 ................. 28

5.1.2 Global Physical Security Market Size (US$ billion), By Components (2014 – 2022) ..... 29

5.1.3 Global Physical Security Market Size (US$ billion), By Components, 2016 & 2022 ...... 30

5.2 Hardware .............................................................................................................................. 30

5.2.1 Global Physical Security Hardware Market Size (US$ billion), By Region (2014 – 2022) ..

....................................................................................................................................... 30

5.3 Software ................................................................................................................................ 31

SAMPLE

4

5.3.1 Global Physical Security Software Market Size (US$ billion), By Region (2014 – 2022)31

5.4 Service ................................................................................................................................... 31

5.4.1 Global Physical Security Service Market Size (US$ billion), By Region (2014 – 2022) .. 31

6 PHYSICAL SECURITY MARKET, BY END-USERS .............................................................................. 32

6.1.1 Global Physical Security Market Share (%), By End-users, 2016 & 2022 ...................... 32

6.1.2 Global Physical Security Market Size (US$ billion), By End-users (2014 – 2022) .......... 33

6.1.3 Global Physical Security Market Size (US$ billion), By End-users, 2016 & 2022........... 34

6.2 Banking & Finance ................................................................................................................. 34

6.2.1 Global Physical Security Market Size (US$ billion) in Banking & Finance Sector, By

Region (2014 – 2022) .................................................................................................................... 34

6.3 Commercial ........................................................................................................................... 35

6.3.1 Global Physical Security Market Size (US$ billion) in Commercial Sector, By Region

(2014 – 2022) ................................................................................................................................ 35

6.4 Education .............................................................................................................................. 35

6.4.1 Global Physical Security Market Size (US$ billion) in Education Sector, By Region (2014

– 2022) ....................................................................................................................................... 35

6.5 Government .......................................................................................................................... 36

6.5.1 Global Physical Security Market Size (US$ billion) in Government Sector, By Region

(2014 – 2022) ................................................................................................................................ 36

6.6 Healthcare ............................................................................................................................. 36

6.6.1 Global Physical Security Market Size (US$ billion) in Healthcare Sector, By Region

(2014 – 2022) ................................................................................................................................ 36

6.7 Manufacturing & Industrial ................................................................................................... 37

6.7.1 Global Physical Security Market Size (US$ billion) in Manufacturing & Industrial

Sector, By Region (2014 – 2022) ................................................................................................... 37

6.8 Residential ............................................................................................................................. 37

6.8.1 Global Physical Security Market Size (US$ billion) in Residential Sector, By Region

(2014 – 2022) ................................................................................................................................ 37

6.9 Retail ..................................................................................................................................... 38

6.9.1 Global Physical Security Market Size (US$ billion) in Retail Sector, By Region (2014 –

2022) ....................................................................................................................................... 38

6.10 Sports & Leisure .................................................................................................................... 38

6.10.1 Global Physical Security Market Size (US$ billion) in Sports & Leisure Sector, By Region

(2014 – 2022) ................................................................................................................................ 38

SAMPLE

5

6.11 Transportation ...................................................................................................................... 39

6.11.1 Global Physical Security Market Size (US$ billion) in Transportation Sector, By Region

(2014 – 2022) ................................................................................................................................ 39

6.12 Utilities & Energy .................................................................................................................. 39

6.12.1 Global Physical Security Market Size (US$ billion) in Utilities & Energy Sector, By

Region (2014 – 2022) .................................................................................................................... 39

7 PHYSICAL SECURITY MARKET, BY REGIONS .................................................................................. 40

7.1 Segment Share ...................................................................................................................... 40

7.1.1 Global Physical Security Market Size (US$ billion), By Regions (2014 – 2022) ............. 41

7.1.2 Global Physical Security Market Size (US$ billion), By Regions, 2016 & 2022 .............. 42

7.2 North America ....................................................................................................................... 43

7.2.1 North America Physical Security Market Share (%), By Country, 2016 & 2022 ............ 43

7.2.2 North America Physical Security Market Size (US$ billion), By Country (2014 – 2022) 44

7.2.3 North America Physical Security Market Size (US$ billion), By Country, 2016 & 2022 44

7.2.3.1 U.S. ............................................................................................................................ 45

7.2.3.1.1 Physical Security Market in U.S., Market Size (US$ billion) and Y-o-Y Growth (%)

............................................................................................................................ 45

7.2.3.2 Rest of North America ............................................................................................... 45

7.2.3.2.1 Physical Security Market in Rest of North America, Market Size (US$ billion) and

Y-o-Y Growth (%) ................................................................................................................... 45

7.2.4 North America Physical Security Market Size (US$ billion), By Components (2014 –

2022) ....................................................................................................................................... 46

7.2.5 North America Physical Security Market Size (US$ billion), By End-users (2014 – 2022)

....................................................................................................................................... 47

7.3 Europe ................................................................................................................................... 48

7.3.1 Europe Physical Security Market Share (%), By Country, 2016 & 2022 ........................ 48

7.3.2 Europe Physical Security Market Size (US$ billion), By Country (2014 – 2022) ............ 49

7.3.3 Europe Physical Security Market Size (US$ billion), By Country, 2016 & 2022 ............ 49

7.3.3.1 France ........................................................................................................................ 50

7.3.3.1.1 Physical Security Market in France, Market Size (US$ billion) and Y-o-Y Growth

(%) ............................................................................................................................ 50

7.3.3.2 Germany .................................................................................................................... 50

7.3.3.2.1 Physical Security Market in Germany, Market Size (US$ billion) and Y-o-Y

Growth (%) ............................................................................................................................ 50

SAMPLE

6

7.3.3.3 U.K ............................................................................................................................. 50

7.3.3.3.1 Physical Security Market in U.K, Market Size (US$ billion) and Y-o-Y Growth (%) .

............................................................................................................................ 50

7.3.3.4 Rest of Europe ........................................................................................................... 51

7.3.3.4.1 Physical Security Market in Rest of Europe, Market Size (US$ billion) and Y-o-Y

Growth (%) ............................................................................................................................ 51

7.3.4 Europe Physical Security Market Size (US$ billion), By Components (2014 – 2022) .... 51

7.3.5 Europe Physical Security Market Size (US$ billion), By End-users (2014 – 2022) ......... 52

7.4 Asia-Pacific ............................................................................................................................ 53

7.4.1 Asia-Pacific Physical Security Market Share (%), By Country, 2016 & 2022 ................. 53

7.4.2 Asia-Pacific Physical Security Market Size (US$ billion), By Country (2014 – 2022) ..... 54

7.4.3 Asia-Pacific Physical Security Market Size (US$ billion), By Country, 2016 & 2022 ...... 55

7.4.3.1 China ......................................................................................................................... 55

7.4.3.1.1 Physical Security Market in China, Market Size (US$ billion) and Y-o-Y Growth

(%) ............................................................................................................................ 55

7.4.3.2 India........................................................................................................................... 56

7.4.3.2.1 Physical Security Market in India, Market Size (US$ billion) and Y-o-Y Growth

(%) ............................................................................................................................ 56

7.4.3.3 Japan ......................................................................................................................... 56

7.4.3.3.1 Physical Security Market in Japan, Market Size (US$ billion) and Y-o-Y Growth

(%) ............................................................................................................................ 56

7.4.3.4 Rest of Asia-Pacific .................................................................................................... 56

7.4.3.4.1 Physical Security Market in Rest of Asia-Pacific, Market Size (US$ billion) and Y-

o-Y Growth (%) ...................................................................................................................... 56

7.4.4 Asia-Pacific Physical Security Market Size (US$ billion), By Components (2014 – 2022) .

....................................................................................................................................... 57

7.4.5 Asia-Pacific Physical Security Market Size (US$ billion), By End-users (2014 – 2022) .. 58

7.5 Middle East & Africa ............................................................................................................. 59

7.5.1 Middle East & Africa Physical Security Market Share (%), By Country, 2016 & 2022 .. 59

7.5.2 Middle East & Africa Physical Security Market Size (US$ billion), By Country (2014 –

2022) ....................................................................................................................................... 60

7.5.3 Middle East & Africa Physical Security Market Size (US$ billion), By Country, 2016 &

2022 ....................................................................................................................................... 60

7.5.3.1 GCC ............................................................................................................................ 61

SAMPLE

7

7.5.3.1.1 Physical Security Market in GCC, Market Size (US$ billion) and Y-o-Y Growth (%)

............................................................................................................................ 61

7.5.3.2 North Africa ............................................................................................................... 61

7.5.3.2.1 Physical Security Market in North Africa, Market Size (US$ billion) and Y-o-Y

Growth (%) ............................................................................................................................ 61

7.5.3.3 South Africa ............................................................................................................... 62

7.5.3.3.1 Physical Security Market in South Africa, Market Size (US$ billion) and Y-o-Y

Growth (%) ............................................................................................................................ 62

7.5.3.4 Rest of Middle East & Africa ..................................................................................... 62

7.5.3.4.1 Physical Security Market in Rest of Middle East & Africa, Market Size (US$

billion) and Y-o-Y Growth (%) ................................................................................................ 62

7.5.4 Middle East & Africa Physical Security Market Size (US$ billion), By Components (2014

– 2022) ....................................................................................................................................... 63

7.5.5 Middle East & Africa Physical Security Market Size (US$ billion), By End-users (2014 –

2022) ....................................................................................................................................... 64

7.6 Latin America ........................................................................................................................ 65

7.6.1 Latin America Physical Security Market Share (%), By Country, 2016 & 2022 ............. 65

7.6.2 Latin America Physical Security Market Size (US$ billion), By Country (2014 – 2022) . 66

7.6.3 Latin America Physical Security Market Size (US$ billion), By Country, 2016 & 2022 .. 66

7.6.3.1 Brazil .......................................................................................................................... 67

7.6.3.1.1 Physical Security Market in Brazil, Market Size (US$ billion) and Y-o-Y Growth

(%) ............................................................................................................................ 67

7.6.3.2 Rest of Latin America ................................................................................................ 67

7.6.3.2.1 Physical Security Market in Rest of Latin America, Market Size (US$ billion) and

Y-o-Y Growth (%) ................................................................................................................... 67

7.6.4 Latin America Physical Security Market Size (US$ billion), By Components (2014 –

2022) ....................................................................................................................................... 68

7.6.5 Latin America Physical Security Market Size (US$ billion), By End-users (2014 – 2022) ..

....................................................................................................................................... 69

8 COMPETITIVE LANDSCAPE ............................................................................................................ 70

8.1 Market Positioning of Key Players ........................................................................................ 70

9 KEY MARKET PLAYERS ................................................................................................................... 71

9.1 Johnson Controls International plc ....................................................................................... 71

9.1.1 Overview ....................................................................................................................... 71

9.1.2 Key Strategies ................................................................................................................ 71

SAMPLE

8

9.1.3 Recent Developments ................................................................................................... 72

9.2 Honeywell International Inc. ................................................................................................. 73

9.2.1 Overview ....................................................................................................................... 73

9.2.2 Key Strategies ................................................................................................................ 73


9.3 Stanley Security Solutions, Inc. ............................................................................................. 75

9.3.1 Overview ....................................................................................................................... 75

9.3.2 Key Strategies ................................................................................................................ 75


9.4 Bosch Sicherheitssysteme GmbH .......................................................................................... 77

9.4.1 Overview ....................................................................................................................... 77

9.4.2 Key Strategies ................................................................................................................ 77


9.5 Hangzhou Hikvision Digital Technology Co., Ltd. .................................................................. 79

9.5.1 Overview ....................................................................................................................... 79

9.5.2 Key Strategies ................................................................................................................ 79


9.6 ADT LLC dba ADT Security Services ....................................................................................... 81

9.6.1 Overview ....................................................................................................................... 81

9.6.2 Key Strategies ................................................................................................................ 81


9.7 SECOM Plc ............................................................................................................................. 83

9.7.1 Overview ....................................................................................................................... 83

9.7.2 Key Strategies ................................................................................................................ 83


9.8 G4S Secure Integration ......................................................................................................... 85

9.8.1 Overview ....................................................................................................................... 85

9.8.2 Key Strategies ................................................................................................................ 85


9.9 Pelco ...................................................................................................................................... 87

9.9.1 Overview ....................................................................................................................... 87

SAMPLE

9

9.9.2 Key Strategies ................................................................................................................ 87


9.10 Axis Communications AB ...................................................................................................... 89

9.10.1 Overview ....................................................................................................................... 89

9.10.2 Key Strategies ................................................................................................................ 89


10 SCALAR 360 DEGREE MARKET PERSPECTIVE ................................................................................ 91

11 APPENDIX ...................................................................................................................................... 92

11.1 Acronyms .............................................................................................................................. 92

11.2 Related Reports ..................................................................................................................... 93

SAMPLE

10

List of Tables

Table 1. Definitions ......................................................................................................................... 15

Table 2. Primary Data ..................................................................................................................... 16

Table 3. Primary Sources ................................................................................................................ 17

Table 4. Secondary Data ................................................................................................................. 17

Table 5. Advantages of Machine Learning-based Forecasts .......................................................... 18

Table 6. Years Considered .............................................................................................................. 19

Table 7. Global Physical Security Market Snapshot ........................................................................ 24

Table 8. Global Physical Security Market Drivers ........................................................................... 25

Table 9. Global Physical Security Market Restraints ...................................................................... 25

Table 10. Global Physical Security Market Size (US$ billion), By Components (2014 – 2022) ......... 29

Table 11. Global Physical Security Hardware Market Size (US$ billion), By Region (2014 – 2022) .. 30

Table 12. Global Physical Security Software Market Size (US$ billion), By Region (2014 – 2022) ... 31

Table 13. Global Physical Security Service Market Size (US$ billion), By Region (2014 – 2022) ...... 31

Table 14. Global Physical Security Market Size (US$ billion), By End-users (2014 – 2022) .............. 33

Table 15. Global Physical Security Market Size (US$ billion) in Banking & Finance Sector, By Region

(2014 – 2022) ........................................................................................................................................ 34

Table 16. Global Physical Security Market Size (US$ billion) in Commercial Sector, By Region (2014

– 2022) ........................................................................................................................................... 35

Table 17. Global Physical Security Market Size (US$ billion) in Education Sector, By Region (2014 –

2022) ........................................................................................................................................... 35

Table 18. Global Physical Security Market Size (US$ billion) in Government Sector, By Region (2014

– 2022) ........................................................................................................................................... 36

Table 19. Global Physical Security Market Size (US$ billion) in Healthcare Sector, By Region (2014 –

2022) ........................................................................................................................................... 36

Table 20. Global Physical Security Market Size (US$ billion) in Manufacturing & Industrial Sector,

By Region (2014 – 2022) ....................................................................................................................... 37

Table 21. Global Physical Security Market Size (US$ billion) in Residential Sector, By Region (2014

– 2022) ........................................................................................................................................... 37

Table 22. Global Physical Security Market Size (US$ billion) in Retail Sector, By Region (2014 –

2022) ........................................................................................................................................... 38

Table 23. Global Physical Security Market Size (US$ billion) in Sports & Leisure Sector, By Region

(2014 – 2022) ........................................................................................................................................ 38

SAMPLE

11

Table 24. Global Physical Security Market Size (US$ billion) in Transportation Sector, By Region

(2014 – 2022) ........................................................................................................................................ 39

Table 25. Global Physical Security Market Size (US$ billion) in Utilities & Energy Sector, By Region

(2014 – 2022) ........................................................................................................................................ 39

Table 26. Global Physical Security Market Size (US$ billion), By Regions (2014 – 2022) ................. 41

Table 27. North America Physical Security Market Size (US$ billion), By Country (2014 – 2022) ... 44

Table 28. Physical Security Market in U.S., Market Size (US$ billion) and Y-o-Y Growth (%) .......... 45

Table 29. Physical Security Market in Rest of North America, Market Size (US$ billion) and Y-o-Y

Growth (%) ........................................................................................................................................... 45

Table 30. North America Physical Security Market Size (US$ billion), By Components (2014 – 2022)

........................................................................................................................................... 46

Table 31. North America Physical Security Market Size (US$ billion), By End-users (2014 – 2022) 47

Table 32. Europe Physical Security Market Size (US$ billion), By Country (2014 – 2022) ................ 49

Table 33. Physical Security Market in France, Market Size (US$ billion) and Y-o-Y Growth (%) ...... 50

Table 34. Physical Security Market in Germany, Market Size (US$ billion) and Y-o-Y Growth (%) .. 50

Table 35. Physical Security Market in U.K, Market Size (US$ billion) and Y-o-Y Growth (%) ........... 50

Table 36. Physical Security Market in Rest of Europe, Market Size (US$ billion) and Y-o-Y Growth

(%) ........................................................................................................................................... 51

Table 37. Europe Physical Security Market Size (US$ billion), By Components (2014 – 2022) ........ 51

Table 38. Europe Physical Security Market Size (US$ billion), By End-users (2014 – 2022) ............. 52

Table 39. Asia-Pacific Physical Security Market Size (US$ billion), By Country (2014 – 2022) ......... 54

Table 40. Physical Security Market in China, Market Size (US$ billion) and Y-o-Y Growth (%) ........ 55

Table 41. Physical Security Market in India, Market Size (US$ billion) and Y-o-Y Growth (%) ......... 56

Table 42. Physical Security Market in Japan, Market Size (US$ billion) and Y-o-Y Growth (%) ........ 56

Table 43. Physical Security Market in Rest of Asia-Pacific, Market Size (US$ billion) and Y-o-Y

Growth (%) ........................................................................................................................................... 56

Table 44. Asia-Pacific Physical Security Market Size (US$ billion), By Components (2014 – 2022) . 57

Table 45. Asia-Pacific Physical Security Market Size (US$ billion), By End-users (2014 – 2022) ...... 58

Table 46. Middle East & Africa Physical Security Market Size (US$ billion), By Country (2014 –

2022) ........................................................................................................................................... 60

Table 47. Physical Security Market in GCC, Market Size (US$ billion) and Y-o-Y Growth (%) .......... 61

Table 48. Physical Security Market in North Africa, Market Size (US$ billion) and Y-o-Y Growth (%) .

........................................................................................................................................... 61

SAMPLE

12

Table 49. Physical Security Market in South Africa, Market Size (US$ billion) and Y-o-Y Growth (%) .

........................................................................................................................................... 62

Table 50. Physical Security Market in Rest of Middle East & Africa, Market Size (US$ billion) and Y-

o-Y Growth (%) ...................................................................................................................................... 62

Table 51. Middle East & Africa Physical Security Market Size (US$ billion), By Components (2014 –

2022) ........................................................................................................................................... 63

Table 52. Middle East & Africa Physical Security Market Size (US$ billion), By End-users (2014 –

2022) ........................................................................................................................................... 64

Table 53. Latin America Physical Security Market Size (US$ billion), By Country (2014 – 2022) ..... 66

Table 54. Physical Security Market in Brazil, Market Size (US$ billion) and Y-o-Y Growth (%) ........ 67

Table 55. Physical Security Market in Rest of Latin America, Market Size (US$ billion) and Y-o-Y

Growth (%) ........................................................................................................................................... 67

Table 56. Latin America Physical Security Market Size (US$ billion), By Components (2014 – 2022) .

........................................................................................................................................... 68

Table 57. Latin America Physical Security Market Size (US$ billion), By End-users (2014 – 2022) .. 69

Table 58. Johnson Controls International plc – Company Overview ................................................ 71

Table 59. Honeywell Security Group – Company Overview ............................................................. 73

Table 60. Stanley Security Solutions, Inc. – Company Overview ...................................................... 75

Table 61. Bosch Sicherheitssysteme GmbH – Company Overview .................................................. 77

Table 62. Hangzhou Hikvision Digital Technology Co., Ltd. – Company Overview ........................... 79

Table 63. ADT LLC dba ADT Security Services – Company Overview ............................................... 81

Table 64. SECOM Plc – Company Overview ...................................................................................... 83

Table 65. G4S Secure Integration – Company Overview .................................................................. 85

Table 66. Pelco – Company Overview .............................................................................................. 87

Table 67. Axis Communications AB – Company Overview ............................................................... 89

Table 68. Physical Security Market Snapshot ................................................................................... 91

Table 69. List of Acronyms ................................................................................................................ 92

SAMPLE

13

List of Figures

Figure 1. Research Methodology ..................................................................................................... 19

Figure 2. Global Physical Security Market, By End-users ................................................................. 20

Figure 3. Global Physical Security Market, By Components ............................................................ 21

Figure 4. Global Physical Security Market, By Regions .................................................................... 21

Figure 5. Physical Security Market – Value Chain Analysis .............................................................. 27

Figure 6. Physical Security Market – Ecosystem Analysis ................................................................ 27

Figure 7. Global Physical Security Market Share (%), By Components, 2016 & 2022 ..................... 28

Figure 8. Global Physical Security Market Size (US$ billion), By Components, 2016 & 2022 .......... 30

Figure 9. Global Physical Security Market Share (%), By End-users, 2016 & 2022 .......................... 32

Figure 10. Global Physical Security Market Size (US$ billion), By End-users, 2016 & 2022........... 34

Figure 11. Global Physical Security Market Share (%), By Regions, 2016 and 2022 ...................... 40

Figure 12. Global Physical Security Market Size (US$ billion), By Regions, 2016 & 2022 .............. 42

Figure 13. North America Physical Security Market Share (%), By Country, 2016 & 2022 ............ 43

Figure 14. North America Physical Security Market Size (US$ billion), By Country, 2016 & 2022 44

Figure 15. Europe Physical Security Market Share (%), By Country, 2016 & 2022 ........................ 48

Figure 16. Europe Physical Security Market Size (US$ billion), By Country, 2016 & 2022 ............ 49

Figure 17. Asia-Pacific Physical Security Market Share (%), By Country, 2016 & 2022 ................. 53

Figure 18. Asia-Pacific Physical Security Market Size (US$ billion), By Country, 2016 & 2022 ...... 55

Figure 19. Middle East & Africa Physical Security Market Share (%), By Country, 2016 & 2022 .. 59

Figure 20. Middle East & Africa Physical Security Market Size (US$ billion), By Country, 2016 &

2022 ....................................................................................................................................... 60

Figure 21. Latin America Physical Security Market Share (%), By Country, 2016 & 2022 ............. 65

Figure 22. Latin America Physical Security Market Size (US$ billion), By Country, 2016 & 2022 .. 66

Figure 23. Market Positioning of Key Players ................................................................................ 70

Figure 24. Johnson Controls International plc – Recent Developments ........................................ 72

Figure 25. Honeywell Security Group – Recent Developments ..................................................... 74

Figure 26. Stanley Security Solutions, Inc. – Recent Developments .............................................. 76

Figure 27. Bosch Sicherheitssysteme GmbH – Recent Developments .......................................... 78

Figure 28. Hangzhou Hikvision Digital Technology Co., Ltd. – Recent Developments................... 80

Figure 29. ADT LLC dba ADT Security Services – Recent Developments ....................................... 82

SAMPLE

14

Figure 30. SECOM Plc – Recent Developments .............................................................................. 84

Figure 31. G4S Secure Integration – Recent Developments .......................................................... 86

Figure 32. Pelco – Recent Developments ...................................................................................... 88

Figure 33. Axis Communications AB – Recent Developments ....................................................... 90

SAMPLE

15

1 MARKET OVERVIEW

1.1 Definitions

The ‘Physical Security Market – Global Revenue, Trends, Growth, Share, Size

and Forecast to 2022' report includes market size and forecast estimates for the

period 2014 to 2022. The report segments the market based on components, end-

users, and regions. The report includes market size and forecast estimates for all

market segments in the study period. The report has 2015 as the base year, 2014 as

the historical year, and 2016 to 2022 as the forecast period.

Table 1. Definitions

Segment Definition

Banking & Finance

The banking and finance category includes all buildings where financial

transactions take place, such as banks, building societies, stock exchanges,

and bureaux de change.

Commercial Includes all commercial buildings that are not covered already by the other

categories. The main examples are hotels, restaurants, and office complexes.

Education All forms of education facility, including schools, universities, and colleges.

Government

The government sector includes the facilities and assets of governments at

all levels. Examples include military establishments, town halls, libraries,

museums, council offices and prisons. It also includes all areas and public

space covered within the remit of a city surveillance / public-safety

surveillance project. It does not include government-owned airports,

educational facilities, hospitals, ports, and railways, since these are covered

in separate categories.

Healthcare The healthcare sector includes all forms of healthcare facility, such as

hospitals, clinics, physician offices, pharmacies, and laboratories.

Manufacturing &

Industrial

Refers to facilities involved in the production of goods. Some of the sub-

sectors that make-up this category includes: automotive, chemicals, food,

pharmaceuticals, textiles, metals, paper, and machinery production, to name

a few.

SAMPLE

16

Residential This category includes all homes and residences, both individual houses and

blocks of flats/apartments.

Retail The retail sector includes all facilities where goods are sold to the consumer,

including shops, supermarkets, and petrol stations.

Sports & Leisure All facilities where sporting events and leisure activities take place, including

sports stadia, casinos, fitness centers, and public swimming pools.

Transportation

This sector includes railways, bus stations, seaports, airports, and ferry

terminals. This sector also includes all associated infrastructure and grounds

such as car parks and video surveillance equipment to monitor traffic on

public roads.

Utilities & Energy Includes all facilities involved with the production and distribution of gas,

electricity, water and heat, and sewage treatment.

Source: Scalar Market Research Analysis

1.2 Research Methodology

We utilize a mix of primary research, secondary research, and machine learning

algorithms to generate comprehensive data about market sizes and revenue

forecasts. Our primary focus on continuous market tracking, rigorous fact-checking,

data-triangulation, and multiple layers of quality control ensures high-quality data that

can be leveraged for actionable research insights.

1.2.1 Primary Data

Table 2. Primary Data

Perspective Primary Research

Supply Side

Manufacturers

Wholesalers

Distributors

Demand Side End-users

Consumers

SAMPLE

17

Structured interviews with industry specialists, VPs, CEOs, directors, technology

consultants were taken in order to collect the key primary data. The primary data is

focused on both the demand and supply sides of the market. Market Engineering

has been carried out from the data and excessive analysis has been done on it.

Primary data is also extensively considered while validating the secondary data.

Table 3. Primary Sources

Report Parameters Primary Sources

Key Industry Participants (KPIs)

Suppliers

Government Agencies

Regulatory Bodies

Research & Development Companies

Investment Research Companies

Business Consulting Service Providers

Academic Institutions/Universities

Venture Capitalists

1.2.2 Secondary Data

Table 4. Secondary Data

Report Parameters Perspective Secondary Research

Market Size, Revenue,

Industry Analysis, Value

Chain Analysis,

Ecosystem Analysis,

Premium Industry

Trends, End-user

Analysis, Market

Segmentation,

Geographic Analysis, Key

Market Players,

Competitive Landscape

Supply Side

Company Annual Reports

SEC Filings

Financial Journals

Trade Journals

Market Journals

Press Releases

Directories

White Papers

Company Websites

Magazines

Demand Side Case Studies

Customer References

SAMPLE

18

The data from important secondary sources is utilized to obtain industry supply

chains, company profiles, and other key areas such as market drivers, opportunities,

trends from the market perspective. In addition, secondary data is gathered using

paid databases such as Bloomberg, Hoovers, Factiva, and government publishing

sources.

1.2.3 Machine Learning

In addition to assigning weights to all the relevant market parameters, to quantify

their market impact for generating projected market growth rate, we use advanced

machine learning algorithms to collate essential market data. The machine learning

method utilizes algorithms such as regression, correlation, and decision tree, among

others, to derive the desired output.

Table 5. Advantages of Machine Learning-based Forecasts

Perspective Advantages of Machine Learning-based Forecasts

Using Machine Learning for Data

Forecast

Unlimited Data

Highly Detailed Forecasts

Profound Knowledge of Demand

Broad applicability

Customizable Model Identifies Drivers

Analysis - Product, Value Chain, Supply Chain,

Competitor

1.2.4 Research Scope

We have utilized the top-down, bottom-up approach to study the market size,

industry dynamics, key regional markets, and major market trends. The global

market has been estimated by integrating the regional markets, estimating the

market data for the base year 2015 and annual share and revenue forecasts to 2022

in US$.

SAMPLE

19

Figure 1. Research Methodology

1.2.5 Years Considered

Table 6. Years Considered

Market Specifics Report Scope

Historical Year 2014

Base Year 2015

Estimated Year 2016

Forecast Period 2016-2022

Revenue Currency US$

Global

Market Size

Market-specific Revenues of Key Players

Total Revenues of Key Players

Global Market Size

Segment-specific Market Size

Regional

Market

Size

Bottom-up

Top-down

SAMPLE

20

1.2.6 Currency & Pricing

The currency used in the report is the U.S. dollar, with market size indicated in US$

million and US$ billion.

Revenue is obtained from the annual company reports (For all the companies

reporting their revenue in US$)

Revenue is converted as per the annual currency exchange rate for that

particular year (For the companies reporting their revenue in currencies other

than US$)

1.3 Market Segmentation

Figure 2. Global Physical Security Market, By End-users


Physical Security Market, By End-users

Banking & Finance

Commercial

Education

Government

Healthcare

Manufacturing & Industrial

Residential

Retail

Sports & Leisure

Transportation

Utilities & Energy

SAMPLE

21

Figure 3. Global Physical Security Market, By Components


Figure 4. Global Physical Security Market, By Regions


Physical Security Market, By Components

Hardware Software Service

Physical Security Market, By Regions

North America

U.S.

Rest of North America

Europe

France

Germany

U.K

Rest of Europe

Asia-Pacific (APAC)

China

India

Japan

Rest of APAC

Middle East & Africa (MEA)

GCC

North Africa

South Africa

Rest of MEA

Latin America (LATAM)

Brazil

Rest of LATAM

SAMPLE

22

1.4 Key Objectives & Benefits of the Report

1.4.1 Objectives of the Report

To offer in-depth information about the key market drivers and restraints

influencing the growth of this market during the forecast period

To analyze the major challenges and opportunities expected to play crucial

role in the revenue and market size growth of the key players in this market

To forecast the market size, in terms of the market size and revenue for all its

segments with respect the major geographic regions including North America,

Europe, Asia-Pacific, Middle East & Africa, and Latin America

To comprehensively analyze the strategic developments such as mergers &

acquisition, new product launches, business expansions, and the new

business agreements in the physical security market

To define the high-growth segments of the market and offer in-depth analysis

of the competitive landscape in the market for various key players

1.4.2 Key Benefits of the Report

In-depth analysis of the market segments that will highlight the greatest

growth potential

Deeper understanding of the behavior of the key players and innovators

influencing this market

Granular understanding of the historical market trend and the resultant market

forecast

Information about the technological advancements influencing the growth of

the global market

Extensive evaluation of all the market dynamics that will impact this market

during the forecast period

SAMPLE

23

2 EXECUTIVE SUMMARY

The objective of this report is to describe the market trends and revenue forecasts

for the physical security market for the next six years. The report focuses on defining

and describing the key influencing factors for the growth of the market. It also offers

an in-depth analysis of the market size (revenue), market share, major market

segments, different geographic regions, key market players, and premium industry

trends.

The report tracks the major market events including product launches, technological

developments, mergers & acquisitions, and the innovative business strategies opted

by key market players. Along with strategically analyzing the key micro markets, the

report also focuses on industry-specific drivers, restraints, and opportunities in the

physical security market. The scope of this report covers the physical security market

by its major segments, which include the components, end-users, and the major

geographic regions.

The key market players profiled in this report are Bosch Sicherheitssysteme GmbH,

Hangzhou Hikvision Digital Technology Co., Ltd., Johnson Controls International plc,

Honeywell Security Group, ADT LLC dba ADT Security Services, SECOM Co., Ltd.,

Stanley Security Solutions, Inc., G4S Secure Integration, Pelco, and Axis

Communications AB.

SAMPLE

24

Table 7. Global Physical Security Market Snapshot C

ou

ntr

y Largest Segment, by Revenue – U.S.

Fastest Growing Segment – India


Global Physical Security Market

Market Size (US$ billion) CAGR%

(2016 – 2022) 2016 2022

Total 71.59 158.79 14.2

Co

mp

on

ents

Largest Segment, by Revenue –Hardware

Fastest Growing Segment – Service

End

-use

rs

Largest Segment, by Revenue – Commercial

Fastest Growing Segment – Transportation

Re

gio

ns Largest Segment, by Revenue – North America 10.2

Fastest Growing Segment – Asia-Pacific

SAMPLE

25

3 MARKET DYNAMICS

3.1 Drivers

Table 8. Global Physical Security Market Drivers

Drivers 2014-16 2017- 19 2020-22

Increasing security concerns worldwide ●

◕

◕

Rising investment in hybrid solutions for real-time monitoring ◑ Source: Scalar Market Research Analysis

Note: ● Very High Impact, ◕ High Impact, ◑ Medium Impact, ◔ Low Impact

3.2 Restraints

Table 9. Global Physical Security Market Restraints

Restraints 2014-16 2017-19 2020-22

Privacy concerns regarding installation of surveillance cameras

across critical infrastructures ◕

◑ Source: Scalar Market Research Analysis

Note: ● Very High Impact, ◕ High Impact, ◑ Medium Impact, ◔ Low Impact

SAMPLE

27

4 INDUSTRY ANALYSIS

4.1 Value Chain Analysis

Figure 5. Physical Security Market – Value Chain Analysis


4.2 Ecosystem Analysis

Figure 6. Physical Security Market – Ecosystem Analysis


Hardware & Software Providers

Developers, Manufacturers

System Integrators,

Service Providers

End-user Applications

Education

High level of Integration

Commercial

Government

Healthcare

Manufacturing & Industrial

Residential

Retail

Banking & Finance

Sports & Leisure

Transportation

Utilities & Energy

Manned

Non-intelligent /

Reactive Systems

Event-based Intelligent Systems

Fully Integrated Systems

Localized Monitoring Solutions

Hybrid Solutions Complete IT Integration

Market leaders are building their competitive edge by moving from product-centric to solution-driven approach

SAMPLE

28

5 PHYSICAL SECURITY MARKET, BY COMPONENTS

The global physical security market is bifurcated by components into hardware,

software, and service. The hardware components include intrusion detection and

prevention systems, access control systems, card-based access systems, RFIDs,

biometrics and, video surveillance systems such as CCTVs, among others. The

software components comprise of PSIM software and management analysis and

modeling software. Lastly, the service segment is inclusive of VSaaS, PSAP, remote

management services, and public alert and warning system, among others.

5.1.1 Global Physical Security Market Share (%), By Components, 2016 & 2022

Figure 7. Global Physical Security Market Share (%), By Components, 2016 & 2022


Hardware components segment dominated the physical security market as it

accounted for XX% of the market share in terms of revenue in 2015. This segment is

expected to be valued at US$ XX billion in 2022. Rising spending on automated

surveillance systems in industries that make use of these hardware devices is

analyzed to propel the demand for hardware components during the forecast period.

2016 2022

Hardware

Software

ServiceSAMPLE

29

On the other hand, service components segment is expected to be the fastest-

growing segment during the forecast period. The segment is expected to grow at a

CAGR of XX% between 2016 and 2022. Increasing government spending across the

emerging economies of Asia-Pacific, Middle East & Africa, and Latin America to

monitor security at railway stations, airports, and on-streets by installing services

such as PSAP and VSaaS is analyzed to boost the service segment during the

forecast period. In addition, rising demand for system integration coupled with

increased designing and consulting services for the deployment of physical security

systems in an organization is also analyzed to have a positive impact.

5.1.2 Global Physical Security Market Size (US$ billion), By Components

(2014 – 2022)

Table 10. Global Physical Security Market Size (US$ billion), By Components (2014 –

2022)

Components 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

Hardware

Software

Service

Total 60.21 158.79 14.2


SAM

PLE

30

5.1.3 Global Physical Security Market Size (US$ billion), By Components, 2016

& 2022

Figure 8. Global Physical Security Market Size (US$ billion), By Components, 2016 &

2022


5.2 Hardware

5.2.1 Global Physical Security Hardware Market Size (US$ billion), By Region

(2014 – 2022)

Table 11. Global Physical Security Hardware Market Size (US$ billion), By Region

(2014 – 2022)

Regions 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

North

America

Europe

Asia-Pacific

Middle East

& Africa

Latin

America

Total 12.2


Hardware Software Service

US$

bill

ion

2016 2022

SAMPLE

32

6 PHYSICAL SECURITY MARKET, BY END-USERS

The global physical security market is bifurcated by end-users into banking &

finance, commercial, education, government, healthcare, manufacturing & industrial,

residential, retail, sports & leisure, transportation, and utilities & energy. Commercial

end-user segment dominated the physical security market in 2015 as it accounted

for XX% of the market share in terms of revenue. This segment is expected to be

valued at US$ XX billion in 2022. On the other hand, transportation end-user

segment is expected to be the fastest-growing segment during the forecast period.

The segment is analyzed to grow at a CAGR of XX% between 2016 and 2022.

6.1.1 Global Physical Security Market Share (%), By End-users, 2016 & 2022

Figure 9. Global Physical Security Market Share (%), By End-users, 2016 & 2022


Transportation end-user segment’s rapid growth is analyzed to be driven owing to

increased spending by the government agencies worldwide to improve security for

public transport facilities. In addition, the rise in online ticket booking services also

necessitates the need for a secure transaction processing system, thereby further

augmenting the demand for physical security systems during the forecast period.

2016 2022 Banking & Finance

Commercial

Education

Government

Healthcare

Manufacturing &IndustrialResidential

Retail

Sports & Leisure

Transportation

Utilities & Energy

SAMPLE

33

The government end-user segment is projected to grow at a XX% CAGR during the

forecast period. The rising threat of terrorist attacks and cyber-security attacks has

forced the governments across the globe to increase the spending on the security of

critical information assets.

Also, the growth of this market is further expected to be driven by the demand from

the banking & finance end-user segment which is analyzed to grow at a CAGR of

XX% during the forecast period. The need for IP surveillance, access control

systems, POS integration, and video analytics is expected to drive the demand.

6.1.2 Global Physical Security Market Size (US$ billion), By End-users (2014 –

2022)

Table 14. Global Physical Security Market Size (US$ billion), By End-users (2014 –

2022)

End-users 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

Banking &

Finance

Commercial

Education

Government

Healthcare

Manufacturing

& Industrial

Residential

Retail

Sports &

Leisure

Transportation

Utilities &

Energy

Total 60.21 158.79 14.2


SAMPLE

34

6.1.3 Global Physical Security Market Size (US$ billion), By End-users, 2016 &

2022

Figure 10. Global Physical Security Market Size (US$ billion), By End-users, 2016 &

2022


6.2 Banking & Finance

6.2.1 Global Physical Security Market Size (US$ billion) in Banking & Finance

Sector, By Region (2014 – 2022)

Table 15. Global Physical Security Market Size (US$ billion) in Banking & Finance

Sector, By Region (2014 – 2022)

Regions 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

North

America

Europe

Asia-Pacific

Middle East

& Africa

Latin

America

Total


US$

bill

ion

2016 2022

SAMPLE

40

7 PHYSICAL SECURITY MARKET, BY REGIONS

The global physical security market is segmented into regional segments of North

America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin

America (LATAM). The physical security market is a highly-fragmented market with a

number of competitors ranging from large regional companies, large multinational

companies, national companies and a significant number of local integrators and

installers.

The market is driven by several factors such as organizational pressures to reduce

costs, new technologies impacting a customer’s security operations, expanding

enterprises, regulatory compliance, and on-going security threats. The market is

witnessing the highest growth rates in Asia-Pacific, owing to rapid technological

advancements and infrastructural developments in the region. The split between

retro-fit/upgrades and new construction varies across these regions, with mature

economies market having limited reliance upon new construction.

7.1 Segment Share

Figure 11. Global Physical Security Market Share (%), By Regions, 2016 and 2022


2016 2022NorthAmerica

Europe

Asia-Pacific

Middle East& Africa

LatinAmerica

SAMPLE

41

North America is analyzed to be the largest regional segment as it valued at US$ XX

billion in 2015. However, Asia-Pacific is expected to be the fastest-growing regional

segment in the forecast period. This segment is expected to grow at a CAGR of

XX% between 2016 and 2022 to account for US$ XX billion in 2022.

7.1.1 Global Physical Security Market Size (US$ billion), By Regions (2014 –

2022)

Table 26. Global Physical Security Market Size (US$ billion), By Regions (2014 –

2022)

Regions 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

North

America

Europe

Asia-Pacific

Middle East

& Africa

Latin

America

Total 60.21 158.79 14.2


SAMPLE

43

7.2 North America

North America dominated the global physical security market as it accounted for

XX% of the global market share in terms of revenue in 2015. The U.S. accounts for

over XX% of North America’s market share in 2015. The total security market in the

U.S. is the largest market globally in terms of revenues. This is owing to the huge

security service revenues associated with security system integration and remote

monitoring.

7.2.1 North America Physical Security Market Share (%), By Country, 2016 &

2022

Figure 13. North America Physical Security Market Share (%), By Country, 2016 &

2022


The U.S. physical security market is analyzed to be driven by rising security threats

and cyber-attacks. There has been an increased usage of analytics for security and

operational purposes in order to counter any threats. In addition, the adoption of

home automation functions coupled with migration towards IP video, megapixel

video; across other sectors is also expected to boost the North America market. The

deployment of as-a-service or hosted models in both access and video control; and

the rising focus on integrating security systems into business processes is further

bolstering physical security market in North America. The region is analyzed to grow

at a CAGR of XX% during the forecast period.

2016 2022

U.S.

Rest of NorthAmerica

SAMPLE

44

7.2.2 North America Physical Security Market Size (US$ billion), By Country

(2014 – 2022)

Table 27. North America Physical Security Market Size (US$ billion), By Country

(2014 – 2022)

Country 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%

(2016 – 2022)

U.S.

Rest of

North

America

Total 10.2


7.2.3 North America Physical Security Market Size (US$ billion), By Country,

2016 & 2022

Figure 14. North America Physical Security Market Size (US$ billion), By Country,

2016 & 2022


U.S. Rest of North America

US$

bill

ion

2016 2022

SAMPLE

70

8 COMPETITIVE LANDSCAPE

8.1 Market Positioning of Key Players

Figure 23. Market Positioning of Key Players

Source: Annual Reports, Investor Presentations, Primary Interviews and Scalar Market Research Analysis

NOTE: Horizontal axis: Product Diversification, Vertical axis: Geographic Reach, Size of the Bubble: Market

Developments

ADT LLC dba ADT Security Services Axis Communications AB

Bosch Sicherheitssysteme GmbH G4S Secure Integration

Hangzhou Hikvision Digital Technology Co., Ltd. Honeywell Security Group

Johnson Controls International plc Pelco

SECOM Co., Ltd. Stanley Security Solutions, Inc.

Medium High

Me

diu

mH

igh

Low

Low

Geo

grap

hic

Rea

ch

Product Diversification

SAMPLE

71

9 KEY MARKET PLAYERS

9.1 Johnson Controls International plc

9.1.1 Overview

Table 58. Johnson Controls International plc – Company Overview

Headquarters Cork, Ireland Year of Establishment 1960

No. of Employees 3,211 Revenue (2015) US$ 2.38 billion

Source: Annual Reports, Investor Presentations, Primary Interviews and Scalar Market Research Analysis

9.1.2 Key Strategies

Focus on research and development

Johnson Controls International plc focuses highly on research and development in

order to design new and innovative products. For instance, the company has

unveiled its P2000 security management system and its updates in the past couple

of years. Also, the company was selected to provide Integrated Security Systems for

Jeddah’s new King Abdulaziz International Airport Development Project.

Strategic expansion

Johnson Controls International plc aims to further enhance their technological

capabilities through strategic acquisitions and partnerships. For instance, in

September, 2016, Johnson Controls successfully completed merger with Tyco. Also,

in March, 2016, Johnson Controls International plc partnered with Cisco Digital

Ceiling in order to make smarter secure and connected buildings through the

convergence of IT network.

SAMPLE

72

9.1.3 Recent Developments

Figure 24. Johnson Controls International plc – Recent Developments


October 2016: In an effort to improve cyber-threat information sharing and analysis, Johnson Controls, announced a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Homeland Security (DHS), Office of Cybersecurity and Communications

September 2016: Johnson Controls completed its successful merger with Tyco, with a vision to create a safe, comfortable and sustainable world

August 2016: Johnson Controls introduced Metasys 8.0, building automation system (BAS) enhancements for ease of use, faster troubleshooting, less time on task, reduced risk and easier integrations

June 2016: Johnson Controls and the Sacramento Kings signed an agreement to integrate the building automation systems, as well as fire and life safety systems, to create an all-encompassing impact on Golden 1 Center – the future home of the latter

March 2016: Johnson Controls partnered with Cisco Digital Ceiling in order to make smarter, secure, efficient and connected buildings through the convergence of the IT network and building technologies, including lighting, heating, cooling, security, motion detection, and other sensors and actuators

September 2015: Johnson Controls unveiled updates to its P2000 security management system, known for integrating video surveillance, fire alarms and building management systems, along with enhanced options to better protect people, property and assets

September 2013: Johnson Controls unveiled updates to its P2000 security management system, now compatible with Authentic Mercury™ access control hardware from Mercury Security Corporation, at the 59th annual ASIS International Summit and Exhibits September 24-27 in Chicago, Ill

June 2013: Al Salem Johnson Controls was selected to provide Integrated Security Systems including Security Access Control Systems and Video Surveillance Systems for Jeddah’s new King Abdulaziz International Airport Development Project, during the Airports Security International Conference and Exhibition in Jeddah

SAMPLE

92

11 APPENDIX

11.1 Acronyms

Table 69. List of Acronyms

Acronym Expansion

APAC Asia-Pacific

ACaaS Access Control as a Service

CAGR Compound Annual Growth Rate

CCTV Closed-circuit Television

DIY Do it Yourself

LATAM Latin America

PSAP Public Safety Answering Point

PSIM Physical Security Information Management

RFID Radio-frequency Identification

RoW Rest of the World

R&D Research and Development

VSaaS Video Surveillance as a Service

Y-o-Y Year on Year


SAMPLE

93

11.2 Related Reports

Home Security Market, by Products (Electronic Locks, Sensors, Cameras,

Panic Buttons, Alarms, Fire Sprinklers, and Extinguishers), Solutions (Medical

Alert Systems, Access Control & Management Solutions, Video Surveillance

Solutions, Fire Protection Systems, Intruder Alarm Solutions, Intercom

Systems, Integrated Security System, Fire Protection System), Home Type

(Independent Houses, Condominiums, Apartments) – Global Revenue,

Trends, Growth, Share, Size and Forecast to 2022

Border Security System Market, by Systems (Laser, Radar, Unmanned

Vehicles, Camera, Wide-Band Wireless Communication, Biometric,

Command and Control) and Environment (Aerial, Naval, Ground) – Global

Revenue, Trends, Growth, Share, Size and Forecast to 2022

SAMPLE