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Global Physical Security Services Market Report 2020: Market to Reach $266.3 Billion by 2027 - ResearchAndMarkets.com
January 6, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 6, 2021
Global Physical Security Services Market to Reach $266.3 Billion by 2027
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Amid the COVID-19 crisis, the global market for Physical Security Services estimated at US$134 Billion in the year 2020, is projected to reach a revised size of US$266.3 Billion by 2027, growing at a CAGR of 10.3% over the analysis period 2020-2027.
Video Surveillance as a Service (VSaaS), one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$88.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Access Control as a Service (ACaaS) segment is readjusted to a revised 11.1% CAGR for th
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Global Physical Security Services Market to Reach $266.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Physical Security Services estimated at US$134 Billion in the year 2020, is projected to reach a revised size of US$266.3 Billion by 2027, growing at a CAGR of 10.3% over the analysis period 2020-2027.
Video Surveillance as a Service (VSaaS), one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$88.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Access Control as a Service (ACaaS) segment is readjusted to a revised 11.1% CAGR for the next 7-year period.