North America Physical Security Market Analysis, Technologies, & Forecasts

Surge in the adoption of advanced technologies such as artificial intelligence and block chain technology, growing need of resources and solutions that offer cost-effective and high-end security solutions and surging IT infrastructural development especially in the various developing regions of the world are the major factors attributable to the growth of the physical security market. Data Bridge Market Research analyses that the physical security market will exhibit a CAGR of 5.25% for the forecast period of 2021-2028.

From the name itself, it is clear that physical security is a set of systems and solutions that are designed to secure and protect the hardware, software, data, personnel, and networks against uncertainties, fraudulent trade activities, cyber-attacks and cyber threats. Physical security is a type of security service that utilizes multiple layers of interdependent systems to safeguards an organization’s intellectual properties.

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