industrymarketpr

  Physical security includes the use of multiple layers of interdependent devices, including CCTV surveillance security guards, safety barriers, locks, access control protocols, and many other techniques. Physical Security Market size is projected to reach $170.70 billion by 2025 from $87.3 Billion in 2018, with a CAGR of 10.14% during 2020-2025. The main drivers of the market includes increasing terror attack events, technological advancements and implementation of wireless technology in security systems, increased use of Internet Protocol (IP)-based CCTV systems, and increased adoption of Internet of Things (IoT)-based security systems with cloud computing platforms. A wireless video monitoring system's functions include video capture, wireless sensor network data processing, and video analysis. Wireless IP-based surveillance systems are cost-effective to implement and do not require cabling. Also, Increasing IT and OT technology integration has raised a concern about built-in s...