Arizton publishes the latest research report on the data center physical security market – global outlook & forecast 2023-2028. The market is growing at a CAGR of 7.78% during 2022-2028.
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The data center physical security market has been witnessing growth over the years and is expected to grow even more during the forecast period. The major factors responsible for the development include increased data center activities and investment by the hyperscale and colocation operators. The rise in data center facilities will lead to more and more adoptions of physical security products. The exponential increase in the internet-using population globally and more remote regions starting to access the internet led to a colossal level of data generation that needs to be processed and stored. Here is where data centers are crucial in fulfilling these data-driven processes. This led to the mass-scale construction of data centers in several cities globally.
Advances In Video- & Cloud-Based Analytics Creating Market Opportunities
Businesses saw a massive surge in using the latest technologies and software to be at par with their competitor’s post-pandemic. Companies re-work video analytics strategies and adopt a more hybrid approach using cloud and edge to decentralize decision-making. A hybrid approach to video analytics can be optimal for certain types and sizes of businesses instead of only cloud-based or on-premises technology.
Video surveillance and analytics became more efficient with the advent of 5G. Edge data centers and smart cities increasingly deploy advanced surveillance methods. 5G supports the increasing density of cameras, with the uplink bandwidth required by 4K and 8K videos. Companies also offer Video Surveillance as a Service (VSaaS), hosted cloud-based video surveillance. The service includes video recording and storage, cybersecurity, remote monitoring, and management alerts.
Geographical Analysis
Americas Region: Technologically Advanced and Established Markets: North America leads the data center physical security market in the Americas region, followed by Latin America. North America is considered among the developed and established data center markets and sets the base for other areas like Europe and the APAC region. Latin America is among the emerging and developing data center markets with high potential during the forecast period.
APAC Region: The Most Dynamic and Fastest Growing Markets:
The APAC region is considered among the fastest-growing markets across the globe due to increased digitalization and internet users creating a higher demand for data storage facilities. The region has some of the largest and most established markets, such as China, Singapore, Australia, Japan, Hong Kong, and India. Some emerging markets include Indonesia, Malaysia, South Korea, New Zealand, and Thailand.
MEA Region: The Evolving and Higher Potential Markets:
The MEA region has a higher potential for growth in adopting physical security products. The market witnesses higher physical security breaches compared to other regions. The operators are involved in deploying higher measures of physical security products to reduce unauthorized entry and access into data center buildings.
Europe Region: Several Established and Booming Markets:
The European region has the presence of several established markets, such as the UK, France, Germany, Ireland, and the Netherlands. The region is also witnessing a boom across other markets such as Spain, Poland, Italy, Belgium, Denmark, Sweden, and other countries. The development of data center facilities will lead to increased adoption of physical security products.
Data Center Physical Security Market Dynamics
Opportunities
Rise in Edge Data Center Investments
Use of Anti-Climb Perimeter Security
Advances in Video- & Cloud-Based Analytics
Introduction Of Robot-Driven Physical Security Measures for Data Centers
Market Growth
Investments In Colocation Data Center Facilities
Increase In Hyperscale Investments
Challenges
Security Challenges
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About the Report:
The study considers the present scenario of the global data center physical security market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the industry. It profiles and examines leading and prominent companies operating in the industry
Market Segmentation
Key Company Profiles
Check the Detailed Table of Contents of the Report @ https://www.arizton.com/market-reports/data-center-physical-security-market-size-analysis?details=tableOfContents
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