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(USGovernment-News.Com, November 27, 2017 ) The global retail market will grow significantly during the forecast period, driven by the discount, dollar store, food, and service retail concepts. Restaurants will be the strongest category in terms of overall unit growth among all retail concepts. The demand for physical security deployments will increase in line with the significant growth in the global retail industry. Retail stores face many challenges such as theft and inventory shrinkage, which lead to decreased profits. Retail surveillance using network video solutions such as IP cameras will help protect the business. By preventing crime, retailers can reduce losses and create a safer environment for staff and customers. Publisher's analysts forecast the global physical security market in retail sector to grow at a CAGR of 6.67% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global physical security market in retail sector for 2016-2020. This report provides a list of vendors that are active in providing physical security in the retail sector across the globe. Vendors are identified based on their product features, geographical presence, customer base, and product portfolio.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Physical Security Market in Retail Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Axis Communications - Bosch Security Systems - Checkpoint Systems - Crossmatch - Honeywell Security - Tyco Security
Other prominent vendors - ADT Security Systems (acquired by Apollo Global Management in June 2016) - A2 Systems - ALL-TAG Security Americas - Anixter - ASSA ABLOY - AxxonSoft - Delphi - FLIR Systems - Gallagher - Genetec - Hikvision Digital - Intergraph - Ketec - Lenel Systems - Nedap - NetVersant - NortekSecurity (acquired by Melrose Industries and Nevada Corp in July 2016) - Panasonic - S2 Security Corporation - Salient Systems - Samsung Techwin (named changed to Hanwha Techwin) - Siemens - videoNEXT
Market driver - Decline in prices of security products - For a full, detailed list, view our report
Market challenge - Non-uniform standards and certification procedures for manufacturing security solutions in Europe - For a full, detailed list, view our report
Market trend - Increasing integration of video with other physical security - For a full, detailed list, view our report
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