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Growth predicted in the global physical security market

September 25, 2017Spencer Ives

PUNE, India—In a MarketsandMarkets report that covers the global physical security market from 2016 to 2021, the research firm predicts a 10.1 percent CAGR in the time period, bringing the global market's value from $69.63 billion in 2016 to $112.43 billion by 2021.MarketsandMarkets valued the North American market for physical security at $25.94 billion in 2016 and expects it to be worth $43.4 billion in 2021. The CAGR for the North American region will be 10.8 percent over the forecast period,...

Marketsandmarkets, Shikha Kumar