India Physical Security Market Size & Outlook, 2025-2030
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India physical security market highlights
- The India physical security market generated a revenue of USD 7,832.4 million in 2024 and is expected to reach USD 14,408.3 million by 2030.
- The India market is expected to grow at a CAGR of 10.5% from 2025 to 2030.
- In terms of segment, systems was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Physical security market data book summary
| Market revenue in 2024 | USD 7,832.4 million |
| Market revenue in 2030 | USD 14,408.3 million |
| Growth rate | 10.5% (CAGR from 2025 to 2030) |
| Largest segment | Systems |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Systems, Services |
| Key market players worldwide | Honeywell International Inc, Cisco Systems Inc, Canon Inc, Motorola Solutions Inc, Robert Bosch Engineering & Business Solutions, Johnson Controls International PLC, ADT Inc, Siemens AG |
Other key industry trends
- In terms of revenue, India accounted for 5.3% of the global physical security market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China physical security market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 14,408.3 million by 2030.
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Physical Security Market Scope
Physical Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| ADT Inc | View profile | 14300 | 1501 Yamato Road, Boca Raton, FL, United States, 33431 | https://www.adt.com |
| Motorola Solutions Inc | View profile | 21000 | 500 West Monroe Street, Suite 4400, Chicago, IL, United States, 60661 | https://www.motorolasolutions.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
India physical security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physical security market will help companies and investors design strategic landscapes.
Systems was the largest segment with a revenue share of 65% in 2024. Horizon Databook has segmented the India physical security market based on systems, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of physical security market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India physical security market , including forecasts for subscribers. This country databook contains high-level insights into India physical security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India physical security market size, by component, 2018-2030 (US$M)
India Physical Security Market Outlook Share, 2024 & 2030 (US$M)
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