The Latin America physical security market is expected to grow from $3.93 billion in 2013 to $7.19 billion in 2018 at CAGR of 12.9% for the period 2013 to 2018. The market is primarily driven by government initiatives to control rising crime rates in the region.
The market of physical security has rapidly evolved from conventional security solutions, such as armed personnel and physical frisking, to sophisticated ICT based physical security solutions, such as video surveillance, biometrics, RFID, and other clusters of high-tech security services and solutions. Today, government organizations, public places, enterprises, and critical infrastructures are more prone to terrorist attacks, sabotages and intrusions. Thus the focus is on implementing robust security solutions to safeguard these facilities and premises from such attacks. Companies providing physical security solutions are implementing technologically advanced security solutions and are providing physical security consulting and professional services.
There exists a high demand for the physical security market in the LA region. The industrial sector in the region is going towards convergence. This could imply that the market is moving towards adopting physical security solutions for the safety to deal with inappropriate criminal activities. Hence the spending in this sector will increase in the coming years. The countries such as Brazil, Argentina, México and others could be the forerunners in the Latin America physical security market.
The Latin America Physical Security report further provides competitive benchmarking of leading players in the industry such as Cisco, Honeywell, Hewlett Packard, EMC, Genetec and others, in terms of their product offerings, key strategies and operational parameters. The report provides market trends, overall adoption scenarios, competitive landscapes and key drivers, restraints and opportunities in this market. The report aims in estimating the current size and the future growth potential of this market across the different primary markets, verticals and countries.
Latin America Physical Security Report Options:
We have the following market segmentation covered in the Latin America Physical Security report:
- Latin America Physical Security by Primary Markets:
- Data centre security, Critical infrastructure protection, Energy security, Homeland security, Enterprise security, Transportation security
- Latin America Physical Security by Products:
- Video Surveillance, Access Control, Biometrics, RFID, Intrusion Detection, Analysis-Integration-Modeling, Security Systems
- Latin America Physical Security by Services:
- VSaaS, Technical support, Remote management services, Security consulting, Public safety answering point, Public alert and warning system
- Latin America Physical Security by Verticals:
- Government, public sector, utilities, Transportation, logistics, BFSI, Retail, Defense, security, Healthcare, Energy, power, IT and telecom, Education and others
Latin America Physical Security Customization Options:
With MMM assessment, meet your company’s specific customization needs. Following customization options provide comprehensive industry standard and deep dive analysis:
- Latin America Physical Security Product Matrix
- Comprehensive analysis and benchmarking of products and services in the market
- Latin America Physical Security Competitive Benchmarking
- Value-chain evaluation using events, developments, market data for vendors in the market ecosystem, across various industrial verticals and market segmentation
- Exploring new opportunities by connecting related markets using cascaded value chain analysis
- Latin America Physical Security Technology Watch
- Update on the current technology trends in RFID, advanced biometrics, physical security information management
- Market watch of rising intrusion detection/prevention technologies in the region
- Latin America Physical Security Vendor Landscaping
- Vendor market watch and predictions, vendor market shares and offerings, analysis of adoption trends and market dominance (Leaders, Challengers, Followers, Nichers)
- Access control solutions and technological offerings in the region
- Latin America Physical Security Regional Market Data Tracker
- Regional and country specific market forecast and analysis
- Identification of key market segments by country
- Latin America Physical Security Vertical Analysis
- Analysis of different industrial verticals by products and services
- Industry Verticals: Government, public sector, utilities, Transportation, logistics, BFSI, Retail, Defense, security, Healthcare, Energy, power, IT and telecom, Education
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