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Physical security market to reach $192.9 billion by 2030

The global physical security market size was valued at $104.6 billion in 2020, and is estimated to reach $192.9 billion by 2030, registering a CAGR of 6.5% from 2021 to 2030. That’s according to a new research report published by Allied Market Research, which offers a detailed analysis of changing market dynamics, key winning strategies, major […]

Global physical security industry to hit $153bn in 2023

The global physical security industry is projected to reach $153 billion by 2023, equivalent to a CAGR of 10.3% between 2017 and 2023. That’s according to a new report by Allied Market Research, which conlcudes that based on region, North America is the largest supplier of physical security solutions across the world. Seapee Bajaj, a Lead […]

COVID-19 to push physical security market value beyond $150bn

The global physical security market generated $78 billion in 2016, and is expected to generate $153 billion by 2023, registering a CAGR of 10.3% over the period. That’s according to the latest report from Allied Market Research, which says COVID-19, an increase in terrorism activities, surge in awareness regarding personal security, and technological advancements are driving the […]

Global physical security market projected to reach $153bn by 2023

A new report by Allied Market Research asserts that global Physical Security Market, worth $78 billion in 2016, is projected to reach $153 billion by 2023, equivalent to a CAGR of 10.3% between 2017 and 2023. The report says key factors driving the global market are rise in incidence of terror attacks, increased awareness, and […]