According to Arizton’s latest research report, the data center physical security market is growing at a CAGR of 11.90% during 2023-2029.
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Report Scope:
Market Size – Investment (2029): $2.57 Billion
Market Size – Investment (2023): $1.31 Billion
CAGR – Investment (2023-2029): 11.90%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Physical Security Layers, End Users, Geography
Geographical Analysis: North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, Southeast Asia
Market Overview
The global data center physical security market has been experiencing consistent growth and is expected to continue expanding during the forecast period. Key drivers of this growth include increased data center activities and significant investments from hyperscale and colocation operators. The expansion of data center facilities is anticipated to lead to a greater adoption of physical security products.
Prominent providers in the physical security sector include ASSA ABLOY, BioConnect, Axis Communications, ABB, Bosch Security and Safety Systems, Cisco Systems, Johnson Controls, Boston Dynamics, Honeywell, Siemens, and Schneider Electric.
In the Middle East and Africa, there is considerable potential for growth in the adoption of physical security solutions. This region has seen a higher incidence of physical security breaches compared to others, prompting operators to implement enhanced security measures to prevent unauthorized access to data center facilities.
Key Highlights
Geographical Analysis
Competitive Landscape of the Data Center Physical Security Market
The data center physical security market is heavily influenced by the relationships between vendors and data center operators, with product portfolios, pricing, and installation services playing crucial roles. The industry comprises both local and global providers offering a range of infrastructure solutions, including biometric scanners, video surveillance systems, network cameras, perimeter fencing, and motion detectors.
A trend towards customized security solutions is emerging, with offerings tailored to the specific needs of data center facilities, such as access control points, advanced video analytics, additional biometric measures, and perimeter protection. Key players in this space include ABB, Johnson Controls, ASSA ABLOY, Legrand, Cisco Systems, Schneider Electric, Honeywell, Bosch Security and Safety Systems, Siemens, Secure IT Environments, Eagle Eye Networks, and Boston Dynamics.
Boston Dynamics is a noteworthy newcomer that may disrupt the market with its innovative robot deployment solutions. The company aims to use its robot dogs, like Spot, to monitor data halls, detect inefficiencies and safety risks, perform manual tasks, and prevent unauthorized access. Spot has already been deployed in facilities such as GlobalFoundries and Oracle.
While the physical security industry is expected to grow in developing markets that face greater security threats, competition remains high in North America due to the presence of established companies. In contrast, the Middle East and Africa exhibit lower competition due to their underdeveloped markets. In these regions, global vendors often partner with local companies to capture emerging opportunities and generate revenue until the market matures, leading to a landscape with reduced competition overall.
Market Segmentation
Product
Physical Security Layers
End Users
Geography
Vendors Landscape
Physical Security Vendors
In a nutshell, the Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the data center physical security market. Request for Free Sample to get a glance of the report now: https://www.arizton.com/market-reports/data-center-physical-security-market-size-analysis
What Key Findings Will Our Research Analysis Reveal?
What is the growth rate of the data center physical security market?
How big is the global data center physical security market?
Which region holds the most significant data center physical security market share?
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