Global Security Control Room Market Size, Share, and COVID-19 Impact Analysis, By Component (Displays/Video Walls, KVM Switches, Software, and Services), By Application (Public Safety, Corporate Safety, and Industrial Safety), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 - 2030)
Industry: Electronics, ICT & Media
Global Security Control Room Market Insights Forecasts To 2030
- The Security Control Room market was valued at USD 4.5 billion in 2021.
- The market is growing at a CAGR of 6% from 2022 to 2030
- The global Security Control Room market is expected to reach USD 7 billion by 2030
- North America is expected to grow the fastest during the forecast period
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The global Security Control Room market is expected to reach USD 7 billion by 2030, at a CAGR of 6% during the forecast period 2022 to 2030. The increasing growth is attributed to the increasing adoption of disaster management control room solutions in monitoring public safety during a natural catastrophe.
Market Overview
Security professionals can monitor and manage a big physical facility or physically dispersed service from a security control room, which acts as a central location. Control rooms are staffed around-the-clock, are highly secured, and are segregated from the general public. Standard alarm technology, CCTV, video analytics, perimeter intruder detection systems (PIDS), video and door entry intercoms, automatic number plate recognition (ANPR), fire detection, NFC technology, and other features are all included in the security control room's equipment. The security control room offers continuous monitoring for incident identification, security enhancement, activity analysis, and incident mitigation. Numerous applications, such as decision-making, monitoring, regulating, collaborating, and communicating, heavily utilise control room systems. The best customers of market participants offering control room solutions are both the public and private sectors of society. Several end users in the commercial sector, including those in retail, healthcare, food and beverage, hospitality, power plants, manufacturing, and media and entertainment, are currently making growing use of control room systems. Technology development is anticipated to act as a driver for the upgrading of future control room systems.
Global Security Control Room Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 4.5 Billion |
Forecast Period: | 2022-2030 |
Forecast Period CAGR 2022-2030 : | 6 % |
2030 Value Projection: | USD 7 Billion |
Historical Data for: | 2019-2020 |
No. of Pages: | 235 |
Tables, Charts & Figures: | 122 |
Segments covered: | By Component, By Application |
Companies covered:: | Pyrotech Workspace Solutions Pvt. Ltd., Motorola Solutions, ABB, Black Box, Harris, Zetron Ltd., Eizo Corporation |
Growth Drivers: | The development of technology is anticipated to be a major factor in the market for control room solutions around the world. |
Pitfalls & Challenges: | The market for security control rooms is constrained by a number of factors, including expensive setup and operating costs for control rooms. In order to preserve public safety, government agencies, local organisations, and the military & defence sector mostly use control rooms, which require expensive equipment. |
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Report Coverage
This research report categorizes the market for security control room market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the security control room market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the security control room market.
Driving Factors
The development of technology is anticipated to be a major factor in the market for control room solutions around the world. Numerous unexplored opportunities in the field of data analytics have emerged as a result of the Internet revolution that has occurred over the past several decades and the enormous demand for digital services around the globe. But with the arrival of cutting-edge AI-driven technologies like the Internet of Things, the market for control room solutions is poised to enter a new era of potent IoT analytics and enhanced connectivity. Control room solutions, notably the emergency service network sector, are anticipated to experience significant growth throughout the assessment period due to the exponential increase in bandwidth of both mobile and fixed connectivity as well as increased investments in 4G and 5G technologies.
Restraining Factors
The market for security control rooms is constrained by a number of factors, including expensive setup and operating costs for control rooms. In order to preserve public safety, government agencies, local organisations, and the military & defence sector mostly use control rooms, which require expensive equipment. The installation of public safety and security systems, such as video surveillance, biometrics systems, RMS, and CAD, costs governments a significant amount of money each fiscal year in order to protect the public. The cost of maintaining public safety and security systems is rising in tandem with the global population rise, which is limiting this market’s expansion.
- In 2021, Services are dominating the market with the highest CAGR.
On the basis of component, the global security control room market is segmented into Displays/Video Walls, KVM Switches, Software, and Services. The industry for service segment is anticipated to experience the highest CAGR between 2020 and 2030. An essential component of a control room and capable of operating in a demanding working environment are the services offered, which include installation, managed services, maintenance and support services.
- In 2021, industrial safety application is anticipated to grow with a highest CAGR.
Based on application, the global security control room market is segmented into Public Safety, Corporate Safety, and Industrial Safety. The industrial safety applications security control room market is anticipated to experience the greatest CAGR between 2021 and 2030. Since they are mostly employed in manufacturing facilities like oil and gas and nuclear reactors, industrial safety applications are developing quickly. Global industrialization is resulting in a greater requirement for industrial safety systems to safeguard people, equipment, and manufacturing facilities in the event that any operation deviates from the permitted control margins. Because it must deal with crucial processes occurring in a regulated setting, a control room in industrial safety plays a crucial function.
Regional Segment Analysis of the Security Control Room Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Asia Pacific emerged as the largest market for the global Security Control Room market in 2021.
APAC is anticipated to have the greatest CAGR growth for the security control room market between 2020 and 2030. Other nations, including Taiwan, Indonesia, Singapore, and Malaysia, have been demonstrating favourable growth in this market. The security control room industry is experiencing unprecedented expansion in emerging economies like China and India. Demand for public safety and control rooms is anticipated to rise with growing innovations in the fields of transportation, communication, public infrastructure, and construction.
List of Key Market Players
- Pyrotech Workspace Solutions Pvt. Ltd.
- Motorola Solutions
- ABB
- Black Box
- Harris
- Zetron Ltd.
- Eizo Corporation
Market Segmentation
Security Control Room Market, By Component
- Display/ Video Walls
- Software
- Services
- KVM Switches
Security Control Room Market, By Application
- Public Safety
- Corporate Safety
- Industrial Safety
Security Control Room Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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