Global Data Center Physical Security Market Size Was Valued at USD 1.6 Billion In 2022 And Is Projected to Reach USD 4.8 Billion By 2030, Growing at A CAGR of 14.9% From 2023 To 2030.
Global Data Center Physical Security Market Size Was Valued at USD 1.6 Billion In 2022 And Is Projected to Reach USD 4.8 Billion By 2030, Growing at A CAGR of 14.9% From 2023 To 2030.
The rise in new data centers across the globe and the rising security concerns about restricted data and critical data center infrastructure are two major factors propelling the market's expansion. Two significant barriers to the growth of this industry are the high cost of contemporary security systems and the accessibility of less expensive competitor goods and services. However, because of the increasing popularity of advanced security solutions and the continuous rise in the number of new data centers, there are many opportunities for established and developing providers of physical security solutions and services. Growing markets like China, Singapore, Brazil, and India are becoming more and more attractive to both new and established enterprises that are involved in the production and selling of goods and services.
Key Players for the Data Center Physical Security Market
Schneider Electric, Robert Bosch Gmbh, Dahua Technology, Axis Communication, Assa Abloy, Morpho (Safran), Honeywell, Hikvision Digital Technology Co. Ltd., Siemens AG, Tyco International and other major key players.
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Segmentation Analysis of Data Center Physical Security Market
By Solution
By Service
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Key Industry Developments in the Data Center Physical Security Market
October 2020, Honeywell, a global leader in connected buildings, partnered with Vertiv, a global provider of crucial digital infrastructure and business continuity solutions, to develop integrated solutions to increase data center sustainability, resiliency, and operational performance. The collaboration combines Honeywell’s industry-leading building management systems, operational software, and safety and security products with Vertiv’s uninterruptible power supply, power distribution, thermal management, infrastructure monitoring, and modular solutions.
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Jan 11, 2024