How big is the Europe Physical Security Market?

The Europe Physical Security Market size is expected to reach USD 28.13 billion in 2024 and grow at a CAGR of 6% to reach USD 37.64 billion by 2029. Read More

What is the current Europe Physical Security Market size?

In 2024, the Europe Physical Security Market size is expected to reach USD 28.13 billion. Read More

Who are the key players in Europe Physical Security Market?

Securitas AB, Bosch Security Systems GmbH, Dahua Technology Co., Ltd., Hanwha Vision Co., Ltd. and Secom Co., Ltd. are the major companies operating in the Europe Physical Security Market. Read More

What years does this Europe Physical Security Market cover, and what was the market size in 2023?

In 2023, the Europe Physical Security Market size was estimated at USD 26.44 billion. The report covers the Europe Physical Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Physical Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Physical Security Market Size & Share Analysis - Industry Research Report

Europe Physical Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Physical Security Market Report is Segmented by System Type (Video Surveillance System [IP Surveillance, Analog Surveillance, and Hybrid Surveillance], Physical Access Control System (PACS), Biometric System, Perimeter Security, and Intrusion Detection), Service Type (Access Control-As-A-Service (ACaaS) and Video Surveillance-As-A-Service (VSaaS)), Type of Deployment (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), End-User Industry (Government Services, Banking and Financial Services, IT and Telecommunications, Transportation and Logistics, Retail, Healthcare, Residential, and Other End-User Industries), and Country (the United Kingdom, Germany, France, and Rest of Europe). The Report Offers the Market Sizes and Forecasts for all the Above Segments in Terms of Value (USD).

Europe Physical Security Industry Overview

The European physical security market is fragemented, owing to the presence of several companies. The players adopt strategies like product innovation, new product launches, partnerships, collaborations, and mergers and acquisitions. Some of the major players include Siemens AG, Securitas AB, Secom Co. Ltd, Dahua Technology Co. Ltd, Hanwha Vision Co. Ltd, G4S Limited, Vanderbilt Industries, Bosch Security Systems GmbH, Teledyne FLIR LLC, Genetec Inc., Johnson Controls, Hangzhou Hikvision Digital Technology Co. Ltd, Schneider Electric, and Honeywell International Inc.

August 2023: Hanwha Vision partnered with A2 Technology, a company that offers smart city solutions, to provide innovative video solutions. A2 primarily aims to protect communities and improve mobility through artificial intelligence (AI) and video analytics. Its solutions are deployed in more than 100 cities worldwide, with its most renowned solution being installed in 54 Tunnels and 300+ km on high-speed railroads.
July 2023: Securitas entered into an extended five-year contract to provide security services for Microsoft data centers in 31 countries. The agreement outlined a comprehensive suite of services designed according to Microsoft's requirements. Securitas is dedicated to providing the highest level of security when and where it is required. Innovation and technology integration are vital priorities for Securitas to strike a balance between security measures and innovative solutions.