GCC Physical Security Market Size is projected to reach USD 9,259.27 million by 2029, growing at a CAGR of 9.3%
GCC Physical Security Market, By Component (Hardware, Services and Software), Authentication (Single-Factor Authentication, Two-Factor Authentication and Three-Factor Authentication), Deployment Model (On-Premise and Cloud), Enterprise Size (Large Sized Enterprises and Small and Medium-Sized Enterprises), End User (Commercial, Government, Industrial and Residential) – Industry Trends and Forecast to 2029.
Physical security measures protect buildings and the equipment within. In other words, they barricade trespassers from entering and permit authorized ones to do so. While network and cybersecurity are crucial, guarding against physical security lapses and threats is the only way to ensure the safety of the technology, the data, and any staff or faculty with access to the facility. It offers defense against terrorism, fire, robbery, vandalism, and natural calamities.
Physical security is a security service that aims to protect personnel, hardware, software, networks, and data from physical actions and events that could cause severe loss to an organization, enterprise, agency, or institution. These security services include protection from fire, flood, natural disasters, burglary, theft, vandalism, and terrorism. Security personnel, CCTV cameras, locks, safety barriers, access control protocols, and other similar tools are all included in its various layers, which incorporate interdependent systems.
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