The Physical security systems are developed over a time. The devices of present time have features to serve as security defenses. It is essential to monitor the device’s data access along with the device location. The Modern security systems are capable of providing safety just by merging physical and logical security systems into a single system. A physical security system helps in tracking users, areas accessed by the users, access time and duration, etc., and the logical security system helps in tracking the devices in use, device’s data access rules, etc.
The development in Physical Security Systems has two primary challenges, brought in by Internet of things (IoT). First is to connect physical security devices, like surveillance cameras to the internet to ensure its protection from hackers and the 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 then be shared across the network.
According to Quadrant Knowledge Solutions latest research “Physical Security and Access Control Systems Market Outlook“, the market is expected to grow at a CAGR of 7.3% from 2016-2020. The cloud based physical security systems is one of the fastest growing segments in the market. This includes Video Surveillance-as-a-Service (VSaaS) and Access Control-as-a-Service (ACaaS). The cloud-based service model demands lower capital investment, reduce IT personal costs, lower energy consumption, improves scalability and reliability. Since there are no additional investments on hardware and users pay as per the usage of data, this is becoming viable option for both SMBs and large enterprises.
The study covers detailed market analysis of applications including Access Control, Biometrics Security, Video Surveillance, Intrusion Detection, Incident Response and Fire & Safety system. In addition to various applications of physical security and access control, the study also analyses software and service segments. Software segments include Physical Security Information Management (PSIM), Visitor Management System, Video Management Software and Access Control Software. Service segment includes Consulting, System Integration, Monitoring Service, Access Control-as-a-Service (ACaaS) and Video Surveillance-as-a-Service (VSaaS).
For detailed information and table of content, please visit: https://quadrant-solutions.com/market-research/physical-security-access-control-market-research-outlook/
Physical Security and Access Control Market Outlook is a part of Quadrant’s Building Technology research service. This research service provides strategic insights, market forecast, market share, and detailed market opportunities of physical security and access control market.
Keywords: Physical Security, Access Control, Biometrics Security, Video Surveillance, Intrusion Detection, Incident Response, Fire and Safety, VSaaS, ACaaS, Physical Security Information Management, PSIM, Visitor Management System, Video Management Software
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