Physical Security Market Size, Share, Analysis, Growth and Forecast 2027

The global physical security market was worth $93.50 billion dollars in 2020, and it is predicted to grow at a CAGR of 5.2 percent to $133.33 billion dollars by 2027.

Physical security is the protection of an organization's assets, such as hardware, software, data, staff, and networks, from physical occurrences and acts that could cause damage or loss. Physical security is made up of three key components: access control, surveillance, and testing. Locks, biometric access control systems, access control cards, fire sensors, and alarm systems safeguard physical places against attacks, unfavourable coincidences, or environmental calamities.
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