Physical Security Segmentation
The global physical security market has been segmented on the basis of vertical into government & defense, BFSI, retail, residential, transportation, IT and others. The government & defense segment with 23.38% market share in the year 2037 held the dominant market share in the global market. Moreover, the segment is anticipated to attain an incremental $ opportunity of USD 435.8 million in the year 2020 as compared to the previous year. On the other hand, the segment is expected to grow by a CAGR of 7.28% during the forecast period.
Our in-depth analysis of the global market includes the following segments:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of physical security is estimated at USD 137.57 billion.
Physical Security Market size was over USD 128.2 billion in 2024 and is anticipated to cross USD 374.69 billion by 2037, growing at more than 8.6% CAGR during the forecast period i.e., between 2025-2037.
North America industry is set to hold largest revenue share of 39% by 2037, North America industry is estimated to dominate majority revenue share of 39% by 2037
The major players in the market are Bosch Sicherheitssysteme Gmbh, Axis Communications AB, Honeywell International Inc., Cisco Systems, Inc., Johnson Controls International PLC, Secom Co., Ltd., Genetec Inc., Zhejiang Dahua Techno
