DUBLIN–(BUSINESS WIRE)–The “Data Center Physical Security Market – Global Outlook & Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The data center physical security market by investment is expected to grow at a CAGR of 7.42% during 2021-2026.
The data center market is witnessing strong growth in the development of multiple large facilities. The data center market is mainly dominated by colocation providers, followed by internet and cloud service providers. With the increasing development of sophisticated technology and vast amounts of data, the data center security market is becoming essential for operators. Companies are increasingly working towards ensuring that customer data is protected by installing physical security measures. For instance, SIFY Technologies is investing in facilities across India equipped with physical security systems such as video surveillance, motion detection, and multi-level access control along with physical security guards.
Companies Mentioned
ASSA ABLOY Axis Communications ABB Alcatraz Bayometric Boon Edam Bosch Security Systems (Robert Bosch) BioConnect Convergint Technologies Cisco Systems CLD FENCING Dahua Technology Digitus Biometrics Eagle Eye Network Hangzhou Hikvision Digital Technology Honeywell International Horton Automatics Instor Johnson Controls International Kisi Legrand Pacific Control Pelco Puffin Solutions Secure I.T. Environments Siemens Schneider Electric Southwest Microwave SUPREMA Verkada WireCrafters The following factors are likely to contribute to the growth of the data center physical security market during the forecast period:
Increasing Construction of Hyperscale Data Centers Rising Colocation Investment Across Data Centers Advancements In Video Analytics and Cloud-Based Analytics Use of Anti Climb Perimeter Security COVID-19 Impact
The local and global vendors manufacturing and supplying security infrastructure faced a significant challenge during the pandemic. During COVID-19, several lockdowns were imposed by the government across the globe. As in some of the region data centers were considered essential services, the working continued with 50% of employee capacity. The threat of cyber-attack was high, and the vendors started to provide high-security solutions to the operators. Some vendors such as Honeywell International, Johnson Controls International, Legrand, Siemens, Bosch Security Systems, Hangzhou Hikvision Digital Technology, and Secure I.T. Environments provide several advanced physical security infrastructures for the data centers.
Market Trends and Segments
An increase in the number of edge data center facilities deployed will increase the demand for physical security solutions such as video surveillance and access control systems. With advances in video surveillance, cloud provider security, and high-quality cameras are capturing and collecting vast amounts of data. Cloud-based video analytics has become the latest trend in physical security. Cloud computing and edge processing will drive the adoption of advanced video content analytics in the coming years. Many hyperscale operators have adopted significant physical security measures to ensure the safety of their facilities. Remote monitoring using Artificial Intelligence (AI) is increasingly being done to ensure advanced security on the premises. The demand for video surveillance systems is on the rise as data center investments are increasing YOY. The global video surveillance security market is expected to reach $338.7 million in 2026. The installation of racks in existing data centers is boosting the adoption of cabinet security solutions. The global cabinet security market will grow at a CAGR of 7.36% by 2026. Most investments in physical security solutions among enterprise data centers will be through hyperscale self-built facilities and on-premise containerized data center developments in developing countries. Key Questions Answered:
1. How big is the Data Center Physical Security Market?
2. What are the major factors driving the Physical Security Industry?
3. What is the COVID-19 impact on the Physical Security market?
4. What are the opportunities and latest trends of the Data Center Physical Security market?
5. Who are the key players for the Data Center Physical Security market?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segments
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Physical Security Layer of Data Centers
7.2 Physical Security Checklist
8 Market Opportunities & Trends
8.1 Deployment of Edge Data Center Investments
8.2 Use of Anti-Climb Perimeter Security
8.3 Advancements in Video Analytics and Cloud-Based Analytics
9 Market Growth Enablers
9.1 COVID-19 And Data Center Security Systems
9.2 Increasing Construction of Hyperscale Data Centers
9.3 Increasing Colocation Investments
9.4 Increasing Adoption of Multi-Factor Authentication Solutions
10 Market Restraints
10.1 Security Challenges in Data Centers
10.2 Cost of Physical Security Solutions
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
12 Product
13 Physical Security Layers
14 End-Users
15 Geography
16 North America
17 Latin America
18 Western Europe
19 Nordics
20 Central & Eastern Europe
21 Middle East
22 Africa
23 APAC
24 Southeast Asia
25 Competitive Landscape
26 Key Company Profiles
27 Report Summary
28 Quantitative Summary
29 Investment by Geography
30 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/eencne