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Physical security market set for 8% growth

The global physical security marketĀ is expected to reach a value of $243.6bn by the end of 2031, equivalent to a CAGR of 8.10% during the forecast period, from 2021 to 2031. The forecast from Transparency Market Research says there has been a surge in the use of physical security for IoT technology. These factors are […]

Physical security services market to hit $191.7bn

The global physical security services market will expand at a CAGR of 11.7% by 2022 to reach $191.7 billion. That’s according to the latest data from Transparency Market Research (TMR), which pegged the market at $110.3bn in 2017. In its analysis, TMR says the physical security services market has a consolidative vendor landscape, with prominent […]