Asia-Pacific Physical Security Market Report 2019: Preferences Toward IP Based Video Surveillance Systems – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Asia-Pacific Physical Security Market Research Report: By Type, Regional Insight – Industry Analysis and Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

Valuing $26.3 billion in 2018, the market is expected to grow to $57.9 billion by 2024 at a 14.3% CAGR during the forecast period (2019-2024).

The Asia-Pacific (APAC) physical security market is progressing on account of the increasing spending on the transportation sector, growing security concerns, and popularity of internet protocol (IP)-based systems for video surveillance. Physical security includes keeping built structures, tangible property, and personnel safe from intruders and physical harm.

On segmenting by type, the APAC physical security market is bifurcated into software and hardware, of which hardware was the larger bifurcation during the historical period (2014-2018) in terms of revenue generation. This is attributed to the rapid deployment of access control, video surveillance, and metal, weapon, and perimeter intrusion detection systems to secure buildings, housing and office complexes, individual homes, manufacturing plants, and other facilities.

There are two types of video surveillance systems available – IP/network and analog – of which the latter type was more popular throughout the historical period. The demand for IP/network variants would grow faster, owing to which such systems will generate higher revenue by 2024. This shift in the APAC physical security market would be because these devices provide users with increased safety and convenience at less costs. Consumers also benefit from their remote access, high-definition (HD) picture quality, built-in wireless connections, and high scalability and durability.

The most important reason physical security systems are becoming rapidly popular in APAC is the increasing crime rate here. This picture is especially grim in China, Malaysia, Australia, and India, where the concerns regarding security have risen. To tackle the issue, the government in many of these nations is supporting the deployment of physical security systems. It is not just crimes, such as homicides and thefts, which are increasing, but also terrorist attacks. From 2012 to 2018, APAC recorded over 300 terrorist attacks, creating the need for tighter security measures.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Type

4.1.1.1 Hardware

4.1.1.1.1 Video surveillance system

4.1.1.1.1.1 Analog surveillance system

4.1.1.1.1.2 Analog camera

4.1.1.1.1.3 Digital Video Recorder (DVR)

4.1.1.1.1.4 IP/network surveillance system

4.1.1.1.1.5 IP/network camera

4.1.1.1.1.6 Network Video Recorder (NVR)

4.1.1.1.2 Road blocker

4.1.1.1.2.1 Hydraulic road blocker

4.1.1.1.2.2 Anti-ram bollard

4.1.1.1.2.3 Others

4.1.1.1.3 Automatic security gate

4.1.1.1.4 Access control

4.1.1.1.4.1 Biometric

4.1.1.1.4.2 Fingerprint

4.1.1.1.4.3 Face

4.1.1.1.4.4 Iris

4.1.1.1.4.5 Hand/palm

4.1.1.1.4.6 Multimodal

4.1.1.1.4.7 Others

4.1.1.1.4.8 Card reader

4.1.1.1.4.9 Contact

4.1.1.1.4.10 Contactless

4.1.1.1.4.11 Turnstile

4.1.1.1.4.12 Others

4.1.1.1.5 Perimeter intrusion detection system

4.1.1.1.5.1 Open area

4.1.1.1.5.2 Fence-mounted

4.1.1.1.5.3 Buried

4.1.1.1.6 Metal and weapon detection system

4.1.1.1.6.1 Handheld

4.1.1.1.6.2 Static

4.1.1.1.7 Under vehicle inspection system

4.1.1.1.7.1 Fixed

4.1.1.1.7.2 Portable

4.1.1.2 Software

4.1.1.2.1 Physical Security Information Management (PSIM)

4.1.1.2.2 Access control management

4.1.1.2.3 VMS

4.1.1.2.4 Video analytics

4.1.1.2.5 Others

4.1.2 By Vertical

4.1.2.1 Government and transportation

4.1.2.2 BFSI

4.1.2.3 Hospitality and healthcare

4.1.2.4 Retail

4.1.2.5 Industrial and manufacturing

4.1.2.6 Commercial offices/buildings

4.1.2.7 Education

4.1.2.8 Residential

4.1.2.9 Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Growing preference toward fish eye video surveillance camera

4.3.1.2 Increasing adoption of vein access control system

4.3.2 Drivers

4.3.2.1 Rising security concerns

4.3.2.2 Increasing spending on transportation sector

4.3.2.3 Preferences toward IP based video surveillance system

4.3.2.4 Growing hospitality industry

4.3.3 Restraints

4.3.3.1 Large portion of manned security segment

4.3.4 Opportunities

4.3.4.1 Increasing smart city projects

4.4 Porter’s Five Forces Analysis

Chapter 5. APAC Market Size and Forecast

Chapter 6. China Market Size and Forecast

Chapter 7. Japan Market Size and Forecast

Chapter 8. India Market Size and Forecast

Chapter 9. South Korea Market Size and Forecast

Chapter 10. Australia Market Size and Forecast

Chapter 11. Rest of APAC Market Size and Forecast

Chapter 12. Competitive Landscape

12.1 Market Share Analysis of Key Players

12.2 Competitive Benchmarking of Market Players

12.3 List of Key Players and Their Offerings

12.4 Strategic Developments of Key Players

12.4.1 Mergers and Acquisitions

12.4.2 Product Launches

Chapter 13. Company Profiles

  • Johnson Controls International PLC
  • United Technologies Corporation
  • Siemens AG
  • Panasonic Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • Robert Bosch GmbH
  • Zhejiang Dahua Technology Co. Ltd
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • CP PLUS GmbH & Co. KG.

For more information about this report visit https://www.researchandmarkets.com/r/su399r

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