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Physical Security Market Set to Hit USD 151.50 Billion by 2030 at 4.6% CAGR, Driven by Rising Security Threats | Report by MarketsandMarkets™
The Physical Security market was valued at USD 115.21 billion in 2024 and is expected to reach USD 151.50 billion by 2030, growing at a 4.6% CAGR according to MarketsandMarkets™.
The rise in malicious assaults and security breaches in sectors such as government, healthcare, transportation, and commercial facilities is increasing the need for stronger physical security.
The Video Surveillance segment is projected to hold the largest market share by offering during the forecast period.
Asia Pacific is expected to experience the highest CAGR among regions in the physical security market.