Physical Security Market - Global Industry Analysis and Trends Upto 2019

A recent publication issued by Transparency Market Research (TMR) presents analysis of data about the physical security market for hardware, software, and services. The report discusses about the present market scenario and its effects on the future of the global physical security market.

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The global physical security market is estimated to grow significantly and reach a value of US$125.03 billion by 2019. The CAGR at which the market is estimated to grow is 14.9% during 2013 to 2019.

The market study, titled “Physical Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, makes for an informative report, having in-depth analysis of past performances, current trends, and future prospects of the global physical security market.

Physical security generally refers to the physical and electronic methods designed to supervise objects and people. Additionally, it is also employed to limit access and interference to possessions and information. The services that assist in making the physical security measures swifter and smoother are defined as physical security services. Physical security systems are powerful and strong devices that are utilized in controlling and investigating felonies by having them deployed in public places such as shopping malls, banks, multiplexes, automated teller machines (ATMs), casinos, airports, and others. Increasing frequency of terrorism and rising concerns about security and protection are some significant factors that are propelling the global demand for physical security systems. With the rising insistence for physical security products on the account of heightened criminal activities, security solutions are being developed into advanced and complicated systems. This has triggered the development of the physical security service industry.

The physical...