Physical Security Statistics


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Steve Goldstein
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Physical Security Statistics 2023: Facts about Physical Security outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Physical Security, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Physical Security Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Physical Security Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 16 Physical Security Statistics on this page 🙂

Physical Security “Latest” Statistics

  • According to the 2020 Cost of a Data Breach Report, physical security compromises cost an average of $4.36 million and were responsible for 10% of malicious breaches in the research.[1]
  • 80% of data breaches affect customers’ personally identifiable information, according to the 2020 Cost of a Data Breach Report produced by the Ponemon Institute and distributed by IBM Security.[1]
  • Keeping remote workers safe was difficult, according to 43% of respondents in the Ontic commissioned research, and 36% stated their capacity to safeguard physical access to company data.[2]
  • 91% said that an industry standard based on technology was crucial for recognizing, researching, and addressing physical security vulnerabilities.[2]
  • 40% of the firms in the poll had changed their security policy in response to concerns about physical security, increasing their usage of security guards and video cameras, among other measures.[2]
  • Nearly 20% of the 124 corporate operations professionals polled in a recent study by remote video monitoring service provider Pro-Vigil reported their firms had more physical security incidents than the previous year.[2]
  • Similar to how cyber security has prompted 39% of survey participants to speed up preparations to update their physical security capabilities.[2]
  • According to Forrester’s Predictions 2021 research, the market value of the world’s public cloud infrastructure would increase by 35% to $120 billion in 2021.[3]
  • Access control will be a major topic to work on in 2021, according to 54% of respondents in a recent Genetec survey called the State of Physical Security 2020.[3]
  • Regional perspectives with a market share of more than 38.0% in 2022, North America is expected to continue to dominate over the projected period.[4]
  • From 2022 to 2030, the market for physical security is projected to increase at a compound yearly growth rate of 6.8%, reaching $216.43 billion.[4]
  • In 2021, the size of the world’s physical security market was estimated to be 116.91 billion. Over the forecast period, it is anticipated to develop at a compound annual growth rate CAGR of 6.1%.[4]
  • In 2021, the systems market segment held the top spot, contributing to more than 65% of worldwide revenue.[4]
  • Physical security specialists are 8.8% Asian and 9.4% Hispanic or Latino.[5]
  • Physical security experts most often have bachelor’s degrees, which 48% of physical security experts earn.[5]
  • White people make up 70.4% of all physical security professionals, making them the most prevalent ethnic group.[5]

Also Read

How Useful is Physical Security

Physical security is just as crucial as cybersecurity, as it provides a tangible layer of protection for people, assets, and information. While cyber attacks can be mitigated with software solutions and security protocols, physical security measures can deter and prevent unauthorized access, theft, vandalism, and other physical threats. In other words, physical security is the first line of defense against a variety of risks that cybersecurity cannot fully address.

One of the primary benefits of physical security is the deterrence factor. Visible security measures such as security guards, alarms, and surveillance cameras can act as a deterrent to potential criminals or intruders. Just the presence of security personnel at a premise can make criminals think twice before attempting to commit a crime. This proactive approach can help prevent security incidents before they even occur, effectively reducing the likelihood of breaches and threats.

Furthermore, physical security measures enhance a sense of safety and security among individuals and employees. Knowing that the premises are secured with access control systems, security cameras, and trained personnel can boost morale and confidence in the organization. This sense of security can improve productivity and overall well-being among staff members, as they feel protected in their work environment.

Physical security is also essential for safeguarding physical assets such as equipment, inventory, and sensitive information. Without proper physical security measures in place, assets are vulnerable to theft, damage, or loss. This can result in significant financial losses and reputational damage for an organization. By investing in physical security, businesses can protect their assets and maintain a secure environment for operations.

Moreover, in emergency situations such as natural disasters, fires, or incidents of violence, physical security measures can play a critical role in ensuring the safety of individuals. Security personnel can facilitate evacuations, provide emergency response, and coordinate with law enforcement agencies to manage the situation effectively. This level of preparedness is essential for safeguarding lives and minimizing the impact of emergencies.

In conclusion, physical security is a vital component of comprehensive security strategies that should not be overlooked or underestimated. While cybersecurity is important in the digital age, physical security provides tangible protection against a wide range of threats and risks. By investing in physical security measures, individuals and organizations can enhance safety, protect assets, deter criminals, and ensure a secure environment for operations. It is crucial to recognize the value of physical security and prioritize it alongside cybersecurity measures for comprehensive security and risk management.

Reference

  1. securityintelligence – https://securityintelligence.com/articles/data-breach-protection-physical-security/
  2. securitytoday – https://securitytoday.com/articles/2021/02/22/increase-in-physical-security-incidents-adds-to-it-security-pressures.aspx
  3. genetec – https://www.genetec.com/blog/industry/top-physical-security-trends-for-2021
  4. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/physical-security-market
  5. zippia – https://www.zippia.com/physical-security-specialist-jobs/demographics/

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