Physical security systems have evolved over a time. In the current era, devices have an attribute, and hence, are a part of the security infrastructure — just like humans. Therefore, it is essential not just to monitor the data access, but also the device location. Modern security systems are capable of providing enhanced safety with the convergence of physical and logical security into a single system. Physical security deals with tracking users, areas accessed by them, the time of access, the duration of access etc., whereas, logical security deals with tracking the devices they use, data access rules, etc.
The developments in Physical Security Systems revolve around two primary challenges that internet of things (IoT) has brought in. First is connecting physical security devices — like surveillance cameras — to the internet and ensuring its protection from hackers. Second is to use an organisation’s existing surveillance and intrusion devices. IoT presents a way to improve both physical security and access management. For instance, with IoT and cloud management, you can use the existing systems and mark scalable improvements — which can be then shared across the network.
According to Quadrant Knowledge Solutions latest research “Physical Security and Access Control Systems“, the market is expected to grow at a CAGR of 7.3% from 2016-2020. The market for cloud based physical security systems are amongst the fastest growing segments. This includes Video Surveillance-as-a-Service (VSaaS) and Access Control-as-a-Service (ACaaS). This cloud-based service model offers lower capital investment, reducing IT personal costs, lower energy consumption, scalability, and improved reliability. Since this requires no additional investments on hardware’s and users pay as per user, this is becoming viable option for both SMBs and large enterprises.
Strategic Insights – Physical Security and Access Control Market
This research services address key strategic questions, such as
- What are the short-term and long-term growth opportunities in physical security and access control systems market and its segments?
- What are the major factors driving and inhibiting the market growth?
- Which regions and countries offer the maximum growth opportunities?
- How are the market positioning of the leading suppliers?
- What are the key strategic issues of the market with a technology users and suppliers perspective?
- What are the major trends that are influencing the market growth and technology development?
Table of Contents – Physical Security and Access Control Market
Executive Overview
- Key Findings
- Market Characteristics and Analysis
Scope
- Market Definition
- Segmentation
- Research Scope
- Currency Exchange Rates
- Market Size and Forecast Definition
Drivers & Restraints
- Key Factors Driving the Market Growth
- Key Factors Restraining the Market Growth
Market Forecast Analysis
- Market Forecast Analysis – Total Market
- Market Forecast by Revenue Type
- Hardware
- Software
- Services
- Market Forecast by Regions
- North America
- Europe, Middle East and Africa
- Asia
- Latin America
- Market Forecast by Application
- Access Control
- Biometrics Security
- Video Surveillance
- Intrusion Detection
- Incident Response
- Fire and Safety
- Market Forecast by Software
- Physical Security Information Management (PSIM)
- Visitor Management System
- Video Management Software
- Access Control Software
- Market Forecast by Services
- Consulting
- System Integration
- Monitoring Service
- Access Control-as-a-Service (ACaaS)
- Video Surveillance-as-a-Service (VSaaS)
- Market Forecast by Industry Verticals
- Commercial
- Infrastructure and Government
- Industrial
- Retail
- Others
Market Share and Competitive Analysis
- Market Share Analysis
- Leading Suppliers of Physical Security and Access Control Systems
- Market Share Analysis
- Competitive Assessment
- Leading Supplier Analysis
- Market Share by Revenue Type
- Hardware
- Software
- Services
- Market Share by Global Regions
- North America
- Europe, Middle East, and Africa (EMEA)
- Asia
- Latin America
- Market Share by Applications
- Access Control
- Biometrics Security
- Video Surveillance
- Intrusion Detection
- Incident Response
- Fire and Safety
- Market Share by Industry Verticals
- Commercial
- Infrastructure and Government
- Industrial
- Retail
Strategic Technology and Market Trends
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business, and Growth advisory services.
At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environment.