The security control room market is expected to grow from USD 6.71 Billion in 2017 to USD 10.00 Billion by 2023, at a CAGR of 6.80% during the forecast period. This report provides the market size and future growth potential of the security control room market across different segments such as offering, application, vertical, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and challenges for the market. This report also profiles the key players operating in the market. The base year considered for the study is 2017, and the market size forecast is provided for the period between 2018 and 2023.

The prime objectives of this report can be summarized in the following points.

To define, describe, segment, and forecast the security control room market, in terms of value, segmented on the basis of offering, application, vertical, and geography

To forecast the market, in terms of volume, segmented on the basis of offering

To forecast the market size, in terms of value, for various segments with respect to 4 main regions�North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the overall market

To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the market

To map the competitive intelligence based on company profiles, key player strategies, and key developments

To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with the detailed competitive landscape for market leaders

To analyze competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the security control room market

This study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below.

Identifying various applications and industries that are using or are expected to adopt control room technology

Analyzing each application, along with the related major companies and their system integrators and identifying the service providers for the adoption of control room technology

Understanding the demand generated by these applications for control room technology

Estimating the market size of control room technology for each region

Tracking the ongoing and upcoming implementation of control room technology by various companies for each application and region to forecast the market based on these developments and other critical parameters

After arriving at the overall market size, the total market has been split into several segments and subsegments, which were further confirmed by the key industry experts. The figure below shows the breakdown of primaries on the basis of company type, designation, and region.

To know about the assumptions considered for the study, download the pdf brochure

The security control room ecosystem includes manufacturers and resellers such as ABB (Switzerland), Barco (Belgium), Black Box (US), Harris (US), Motorola Solutions (US), Tyler Technologies (US), Eizo Corporation (Japan), Zetron (US), TriTech Software Systems (US), Hexagon Safety & Infrastructure (US), Christie Digital Systems (US), Superion (US), Electrosonic (US), and SAIFOR Group (Spain).

Key Target Audience

Control room technology providers

IT service providers

Cloud service providers

Original equipment manufacturers (OEMs)

System integrators and third-party vendors

Software solution providers

Government bodies

Technology investors

Enterprise data center professionals

Research institutes and organizations

Market research and consulting firms

Scope of the Report

The security control room market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The security control room market has been segmented as follows:

By Offering

Displays/Video Walls

KVM Switches

Software

Services

By Application

Public Safety

Corporate Safety

Industrial Safety

By Vertical

Utility & Telecom

Transportation

Military & Defense

Healthcare

Mining & Manufacturing

Others

Geographic Analysis

North America

Europe

Asia Pacific (APAC)

Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs. The following customization options are available for the report:

Offering Analysis:

Detailed analysis of Displays/Video Walls, KVM Switches, Software, and Services offerings

Country-Wise Information:

Detailed analysis of each country

Company Information:

Detailed analysis and profiling of additional market players (up to five)

Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting

According to MarketsandMarkets� forecast, the security control room market, in terms of value, is expected to grow from USD 7.20 Billion in 2018 to USD 10.00 Billion by 2023, at a CAGR of 6.80% between 2018 and 2023. The major drivers for the market are government initiatives, modernized policies, and regulations to increase public security and safety worldwide, as well as the increasing need to keep an eye on criminal activities and forecast natural disasters to avoid huge losses.

This report covers the security control room market based on offering, application, vertical, and geography. The market for services offering is expected to grow at the highest CAGR between 2018 and 2023. The services offerings, including installation, managed services, and maintenance and support services, are an integral part of a control room and are able to work effectively in a critical working environment.

The security control room market for industrial safety applications is expected to grow at the highest CAGR between 2018 and 2023. Industrial safety applications are evolving at a high rate as these are chiefly used in manufacturing plants such as oil & gas and nuclear plants. Along with the growing industrialization worldwide, the need for industrial safety systems is increasing to protect human resources, industrial machinery, and manufacturing plants, in case any process goes beyond the allowed control margins. A control room in industrial safety plays a critical role as it has to deal with critical operations taking place in a controlled environment.

The security control room market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The emerging economies such as China and India are witnessing unparalleled growth in security control room and other countries such as Taiwan, Indonesia, Singapore, and Malaysia have been exhibiting positive growth in this market. Increasing developments in the field of transportation, communication, public infrastructure, and construction are expected to create demand for public safety and control rooms.

North America is a leading region for control room technologies in terms of market share. North America has the first-mover advantage in the adoption of new technologies such as smartphones and cloud platforms. Its strong financial position also allows it to heavily invest in leading tools and technologies for effective business operations. These advantages give North American organizations a competitive market edge. Public safety agencies of all sizes in this region rely on control room solutions for managing and monitoring their dispatch units that make North America the leading market for the security control room.

The security control room market faces a few restraints such as high investment requirements for control room setup and operations. Control rooms are mainly used by the government authorities, local bodies, and military & defense industry to maintain public safety, wherein equipment comes quite expensive. In every financial year, governments spend considerable resources on the installation of public safety and security systems, such as video surveillance, biometrics systems, RMS, and CAD, to ensure public safety. Along with increasing population worldwide, the required cost for public safety and security system is also increasing, which, in turn, is restraining the growth of this market.

The major challenges for the security control room market are developing a comprehensive public safety solution, retention of technically skilled human resource for control room operations, and lack of knowledge about the implementation of an optimized CAD solution. Along with continuously evolving technologies, creating an optimized solution that monitors distributed public infrastructures across the world is a challenge. Also, control room operations are mainly time critical requiring quick response, the ability of personnel, wherein training plays a major role to make the optimum use of available resources. Hence, retention of technically skilled human resource for control room operations is another challenge for this market.

ABB (Switzerland), Barco (Belgium), Black Box (US), Harris (US), Motorola Solutions (US), Tyler Technologies (US), Eizo Corporation (Japan), Zetron (US), TriTech Software Systems (US), Hexagon Safety & Infrastructure (US), Christie Digital Systems (US), Superion (US), Electrosonic (US), and SAIFOR Group (Spain) are the major vendors in the security control room market. These players adopted various strategies, such as product developments, mergers, partnerships, collaborations, and expansions, to cater to the needs of customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst