In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Physical Security Market Report
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.
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
The study considers the present scenario of the data center physical security market and its market dynamics for the period 2020?2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
COVID-19 IMPACT ON GLOBAL DATA CENTER SECURITY MARKET
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.
Market Segmentation by Product
• Video Surveillance
• Access Control
• Other Physical Security
Market Segmentation by Security Layers
• Perimeter Security
• Building Security
• Datahall Security
• Cabinet Security
Market Segmentation by End-Users
• Colocation Data Centers
• Enterprise Data Centers
GEOGRAPHICAL ANALYSIS North America is a significant location for investments in the data center physical security market. The region is a crucial driver and acts as an incumbent for any new technological innovation in the data center arena. The US is one of the most developed markets that will increase the investment in physical security systems in facilities across the region. The data center physical security market in the US is expected to reach USD 429.3 million by 2026. Over 50 hyperscale facilities were active in North America in 2020, which operate at a power capacity of over 20 MW and will create growth opportunities for the vendors in the region.
Market Segmentation by Geography
• North America
• Latin America
o Other Latin America Countries
• Western Europe
o Other Western European Countries
o Finland & Iceland
• Central & Eastern Europe
o Russia & CZECH Republic
o Poland & Austria
o Other Central & Eastern European Countries
• Middle East
o Gulf Corporation Council (GCC)
o Other Middle Eastern countries
o South Africa
o Other African countries
o China & Hong Kong
o Australia & New Zealand
o Rest of APAC
• Southeast Asian
o Other Southeast Asian Countries
COMPETITIVE LANDSCAPE Rapidly developing technologies and innovation in the market are compelling several vendors to offer more innovative solutions to the data center industry. Vendor partnerships with modular service providers are essential for their revenue growth. Some global providers provide solutions that will give them an edge over others in winning data center security installation and commissioning projects. The data center physical security market share is likely to grow in developing regions with more security threats. It is observed that global vendors are partnering with local vendors to capture the new growing market and generate more revenue till the market gets matured.
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?
Our reports have been used by over 10K customers, including:
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this APAC Data Center Cooling Market Report The APAC data center cooling market is expected to grow at a CAGR of over 4.91% during 2021–2026. The data center market in APAC is witnessing steady growth. The continuous investments from hyperscale...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Middle East & Africa Data Center Industry Outlook & Forecast Market Report The Middle East & Africa data center market by investment is expected to grow at a CAGR of 10.38% during the period 2021–2026. The following factors are likely to...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this US Hyperscale Data Center Industry Outlook & Forecast Market Report The US hyperscale data center market by investment is expected to grow at a CAGR of 3.30% during the period 2021–2026. The following factors are likely to contribute to...
The global data center cooling market is expected to grow from US$ 10,271.0 million in 2021 to US$ 25,552.2 million by 2028; it is estimated to grow at a CAGR of 14.0% from 2021 to 2028. The data center cooling ecosystem is witnessing increasing number of developments from various companies that are bringing in advancements taking into...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this APAC Data Center Power Market - Industry Outlook and Forecast Report APAC data center power market size by investments to reach USD 5,772.7 million by 2026, growing at a CAGR of 5.49% during 2021-2026 The following factors are likely to...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Modular Data Center Market Report The modular data center market by revenue is expected to grow at a CAGR of 11.70% during the period 2020–2026. Increasing internet penetration, the deployment of 5G, the impact of COVID-19, and the...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this APAC Hyperscale Data Center Market Report The APAC hyperscale data center market by investment is expected to grow at a CAGR of 4.65% during 2021–2026. The following factors are likely to contribute to the growth of the APAC hyperscale data...
The German data center market was valued at USD 5.63 billion in 2020, and it is expected to reach USD 7.33 billion by 2026, registering a CAGR of 4.69% during the forecast period (2021-2026). With the onset of the COVID-19 pandemic, the government had agreed on the part of a strategic investment to reinforce the country’s social recovery and...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this United Arab Emirates (UAE) Data Center Market - Investment Analysis and Growth Opportunities Report The UAE data center market size will witness investments of USD 1015 million by 2026, growing at a CAGR of 7.99% during 2021–2026 The UAE...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this South Africa Data Center Investment Analysis & Growth Opportunities Market Report South Africa data center market size will witness investments of USD 3071 million by 2026, growing at a CAGR of 15.17% during 2021-2026 The COVID-19 pandemic...
Greenhouse Gas Emissions
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.