- The physical security market is experiencing strong demand due to the rising need for advanced surveillance and access control technologies across industries
- Companies are prioritizing security upgrades to protect assets and personnel, leading to steady investments in modern physical security systems
- U.S. dominates the physical security market within North America, capturing the majority of revenue share in 2024, propelled by the rapid adoption of cutting-edge security technologies
- Canada is expected to witness the highest compound annual growth rate (CAGR) in the North America physical security market due to increasing urban development, growing demand for smart surveillance systems, and rising focus on integrating artificial intelligence and IoT solutions for enhanced security management
- The systems segment holds the largest market revenue share of 65.8% in 2024, driven by growing demand for advanced physical access control, video surveillance, and intrusion detection solutions across multiple industries. Systems provide the core infrastructure needed for security management, integrating hardware and software for real-time monitoring and threat response.
