[Latest] Global Data Center Physical Security Market Size/Share Worth USD 6,459.7 Million by 2033 at a 11.92% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Data Center Physical Security Market size & share revenue was valued at approximately USD 1,870 Million in 2023 and is expected to reach USD 1,940 Million in 2024 and is expected to reach around USD 6,459.7 Million by 2033, at a CAGR of 11.92% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are ADT Inc., Assa Abloy AB, Axis Communications AB, Bosch Security Systems, Check Point Software Technologies Ltd., Cisco Systems Inc., Genetec Inc., Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Johnson Controls International plc., Schneider Electric SE, Siemens AG, ABB, Hangzhou Hikvision Digital Technology Co, Pelco, Fortinet, Palo Alto Networks Inc., Broadcom, Juniper Network & Others.
/EIN News/ -- Austin, TX, USA, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Data Center Physical Security Market Size, Trends and Insights By Component (Hardware, Software, Services), By Security Type (Video surveillance, Monitoring solutions, Access control solutions, Others), By Data Center Type (Small data center, Medium data center, Large data center), By End User (BFSI, Healthcare, Retail & E-commerce, Media & entertainment, IT & telecommunication, Government & defense, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Data Center Physical Security Market size & share was valued at approximately USD 1,870 Million in 2023 and is expected to reach USD 1,940 Million in 2024 and is expected to reach a value of around USD 6,459.7 Million by 2033, at a compound annual growth rate (CAGR) of about 11.92% during the forecast period 2024 to 2033.”
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Data Center Physical Security Market: Overview
Data Center Physical Security measures can be categorized into four layers such as perimeter security, facility controls, computer room controls, and cabinet controls. The data centers are centralized locations housing computing and networking equipment, which is also known as information technology equipment and network infrastructure.
Data center security is the practice of applying security controls to the data center. Data Center Physical Security is used to protect it from threats that could compromise the confidentiality, integrity, or availability of business information assets or intellectual property.
Various factors such as Increasing cyber threats, the evolving landscape of data protection regulations and compliance, the ongoing expansion of data center infrastructure and the rising adoption of emerging technologies are mainly driving the market growth of data center physical security market.
However, various factors such as stringent rules and regulations, high installation and maintenance costs of data center physical security, less awareness about data center physical security in many underdeveloped countries, highly complex process of data center physical security and integration challenges are restraining the market growth.
Various factors such as providing a common platform for integrated physical and logical security solutions and the growing integration of emerging technologies in data center physical security solutions are expected to create lucrative opportunities for the market during the forecast period.
The Global Data Center Physical Security market is segmented by component, security type, data center type and by end user and by region. By component, the software segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
Various factors such as the growing adoption of software solutions due to its comprehensive range of products and services such as advanced access control systems, sophisticated video surveillance technologies, and effective monitoring and detection mechanisms.
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By end user industries, the IT & Telecom industry segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period owing to the rapidly expanding IT and Telecom industry across the globe. Furthermore, the growing threat of cyber security and data breaches in the IT and Telecom industry is expected to create lucrative opportunities for the market during the forecast period.
By Region, the global Data Center Physical Security market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all of these regions, North America held the highest market share in 2023 and is expected to keep its dominance during the forecast period owing to rapidly expanding end user industries in North America region.
Various factors such as the presence of technology giants, availability of well-established end use industries, and an increasing number of data security centers are some of the factors propelling the market growth of this region.
Europe is expected to hold a substantial market share during the forecast period owing to the increasing installation of data centers in U.K., France, Italy, Germany and the Netherlands. Various factors such as the growing number of data centers, increasing internet penetration and favorable regulations are some of the factors propelling the market growth of this region.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 1,940 Million |
Projected Market Size in 2033 | USD 6,459.7 Million |
Market Size in 2023 | USD 1,870 Million |
CAGR Growth Rate | 11.92% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Component, Security Type, Data Center Type, End User and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Data Center Physical Security report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
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- Provide detailed chapter-by-chapter guidance on the Request.
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(Please note that the sample of the Data Center Physical Security report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed the Data Center Physical Security market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict depth scenarios of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Data Center Physical Security industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
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Key questions answered in this report:
- What is the size of the Data Center Physical Security market and what is its expected growth rate?
- What are the primary driving factors that push the Data Center Physical Security market forward?
- What are the Data Center Physical Security Industry's top companies?
- What are the different categories that the Data Center Physical Security Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Data Center Physical Security market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Data Center Physical Security Market: Regional Analysis
By Region, the global Data Center Physical Security market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all of these regions, North America held the highest market share in 2023 and is expected to keep its dominance during the forecast period.
Various factors, such as increasing reliance on cloud computing and expanding digital infrastructure, availability of well-established end use industries, and the presence of many technology giants, are mainly driving the market growth of this region. The U.S. held the highest market share in the North America data center physical security region owing to rapidly expanding end use industries.
For instance, the United States has the most data centers in the world, with 5,381 as of March 2024. Furthermore, the presence of several key regional hyper scale hubs, growing digitalization in end use industries, and the availability of a conducive business environment are some of the factors propelling the market growth of this region.
Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. Key countries such as China, India, Japan, ASEAN and South Korea are mainly driving the market growth of this region. Various factors such as growing internet penetration, a supportive government initiative to become a digital-first economy, rapidly expanding end use industries, and growing smartphone penetration, are driving the establishment of data centers, thereby driving the market growth.
Europe is expected to hold a significant market share during the forecast period. Key countries such as Germany, France, Russia, the U.K., Spain and Italy are mainly driving the market growth of this region. Various factors such as growing security regulations about data security, favourable policies, rapidly expanding end use industries, and availability of big data centers in this region are mainly driving the market growth of this region.
Furthermore, favourable regulatory landscape and government regulations such as the General Data Protection Regulation (GDPR) are expected to create lucrative opportunities for the market during the forecast period.
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Browse the full “Data Center Physical Security Market Size, Trends and Insights By Component (Hardware, Software, Services), By Security Type (Video surveillance, Monitoring solutions, Access control solutions, Others), By Data Center Type (Small data center, Medium data center, Large data center), By End User (BFSI, Healthcare, Retail & E-commerce, Media & entertainment, IT & telecommunication, Government & defense, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/data-center-physical-security-market/
List of the prominent players in the Data Center Physical Security Market:
- ADT Inc.
- Assa Abloy AB
- Axis Communications AB
- Bosch Security Systems
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- Genetec Inc.
- Hikvision Digital Technology Co. Ltd.
- Honeywell International Inc.
- Johnson Controls International plc.
- Schneider Electric SE
- Siemens AG
- ABB
- Hangzhou Hikvision Digital Technology Co. Ltd
- Pelco
- Fortinet Inc.
- Palo Alto Networks Inc.
- Broadcom
- Juniper Networks Inc.
- Dell Inc.
- IBM Corporation
- Others
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The Data Center Physical Security Market is segmented as follows:
By Component
- Hardware
- Software
- Services
By Security Type
- Video surveillance
- Monitoring solutions
- Access control solutions
- Others
By Data Center Type
- Small data center
- Medium data center
- Large data center
By End User
- BFSI
- Healthcare
- Retail & E-commerce
- Media & Entertainment
- IT & telecommunication
- Government & defense
- Others
Click Here to Get a Free Sample Report of the Global Data Center Physical Security Market @ https://www.custommarketinsights.com/report/data-center-physical-security-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Data Center Physical Security Market Research/Analysis Report Contains Answers to the following Questions.
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Data Center Physical Security Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Data Center Physical Security Market? What Was the Capacity, Production Value, Cost and PROFIT of the Data Center Physical Security Market?
- What Is the Current Market Status of the Data Center Physical Security Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Data Center Physical Security Market by Considering Applications and Types?
- What Are Projections of the Global Data Center Physical Security Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Data Center Physical Security Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Data Center Physical Security Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Data Center Physical Security Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Data Center Physical Security Industry?
Click Here to Access a Free Sample Report of the Global Data Center Physical Security Market @ https://www.custommarketinsights.com/report/data-center-physical-security-market/
Reasons to Purchase Data Center Physical Security Market Report
- Data Center Physical Security Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Data Center Physical Security Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Data Center Physical Security Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Data Center Physical Security Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Data Center Physical Security market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Data Center Physical Security market analysis.
- The competitive environment of current and potential participants in the Data Center Physical Security market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Data Center Physical Security market should find this report useful. The research will be useful to all market participants in the Data Center Physical Security industry.
- Managers in the Data Center Physical Security sector are interested in publishing up-to-date and projected data about the worldwide Data Center Physical Security market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Data Center Physical Security products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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