Spain Data Center Physical Security Market Size
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 30.60 Million |
| Market Size (2029) | USD 65.60 Million |
| CAGR (2024 - 2029) | 15.90 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Spain Data Center Physical Security Market Analysis
The Spain Data Center Physical Security Market size is estimated at USD 30.60 million in 2024, and is expected to reach USD 65.60 million by 2029, growing at a CAGR of 15.90% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- Under construction IT load capacity: The upcoming IT load capacity of the Spain data center rack market is expected to reach 1400 MW by 2029.
- Under construction raised floor space: The country's construction of raised floor area is expected to increase to 6 million sq. ft by 2029.
- Planned racks: The country's total number of racks to be installed is expected to reach 330,000 units by 2029. Madrid is expected to house the maximum number of racks by 2029.
- Planned submarine cables: There are close to 32 submarine cable systems connecting Spain, and many are under construction.
- The data center's attack surface and the physical, human, and digital ways security can be breached are expanding. Such instances in the market create a significant role for data center physical security players in helping to install physical security products that are important in data centers, as they reduce the threat of interruptions, social engineering attacks, insider threats, and others as a result of the installation of several layers of physical security.
- In addition, increasing data consumption among various end users in the country creates more demand for data center facilities, which results in increasing investments by hyperscale and colocation providers. Such instances in the market led to the adoption of physical security products and propelled the growth of the Spanish data center physical security market.
Spain Data Center Physical Security Market Trends
The IT and Telecommunication Segment Holds a Major Share in the Market
- Increasing use of the cloud by large companies, driven by big data and artificial intelligence, is the main driver of the Spanish market. Increased adoption of cloud-based services has fueled the expansion of retail and wholesale colocation services in Spain, leading to increased demand. This will require more racks in the data center.
- The cloud service market, which is indispensable for digitalization, is growing rapidly. With the rise of the digital economy and increased internet usage in Spain, the need for data storage and processing is increasing.
- The government has allocated EUR 84 million (USD 90.81 million) for the expansion and improvement of the Central Government Private Cloud (SARA Cloud) initiative. The use of the cloud facilitates the development of new business models, enabling companies of all sizes and industries to innovate and gain a competitive edge.
- Additionally, the data center industry heavily depends on the telecommunications sector. The 5G and broadband industries are rapidly building and deploying links across the nation. The nation has developed the Plan for Connectivity and Digital Infrastructures and the Strategy to Promote 5G Technology, which would be endowed with EUR 4,320 million (USD 4551.1 million) through 2025 to push the adoption of 5G. Such instances in the market are expected to create more demand for data center security solutions in the coming years.
The Video Surveillance Segment Holds the Largest Market Share
- Data centers are home to sensitive and vital data, which makes security their highest priority. Data center operators help ensure that security standards and regulations are respected through video surveillance systems, which provide them with monitoring of access, detection of unauthorized entry, and maintaining compliance.
- Many operators of data centers are using remote video surveillance to keep an eye on their facilities throughout the day. This ensures that all security threats can be quickly addressed, even where staff are not at the site.
- Data protection regulations such as the General Data Protection Regulation impose strict security and privacy requirements within the European Union, including Spain. These regulations must be complied with by video surveillance equipment, and, therefore, they are of vital importance for data center operators. Such instances in the market propel the demand of the studied market.
- Furthermore, factors such as internet users and online shopping would contribute to the increasing generation of data and processing facilities. As users grow more inclined to shop online with attractive deals offered, this would lead to a rise in digital payment services and traffic on websites, thus increasing data consumption. The number of digital payment users in the country is projected to reach 40.6 million by 2027, up from 32.35 million users in 2022. All these factors would contribute to a significant increase in consumption, boosting the demand for DC physical security solutions in the region.
- Key players in the market focus on improving the data center's physical security solutions to meet the market demand. In April 2023, Schneider Electric launched a new Service, EcoCare, for modular data center services included with membership. Special expertise in maximizing the efficiency of modular data centers by continuously monitoring and maintaining conditions 24 hours a day is available to members of this innovative service plan.
Spain Data Center Physical Security Industry Overview
The upcoming DC construction projects in the country would increase the demand for the Spanish data center physical security market in the coming years. The Spanish data center physical security market is moderately consolidated with some players in the market, including Axis Communications AB, ABB Ltd, Securitas Technology, Bosch Sicherheitssysteme GmbH, and Johnson Controls. These major players, with a prominent market share, focus on expanding their regional customer base.
- April 2023: Securitas signed an expanded 5-year agreement to provide data center security for Microsoft in 31 countries. It includes risk management, comprehensive security technology as a system integrator, specialized safety and security resources, guarding services, and digital interfaces.
- March 2023: Motorola Solutions announced the new Avigilon physical security suite, providing organizations worldwide with scalable, secure, and flexible video security and access control solutions. The Avigilon security suite includes the on-premise Avigilon Unity solutions and cloud-native Avigilon Alta, each with advanced analytics designed to provide an effortless user experience.
Spain Data Center Physical Security Market Leaders
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Axis Communications AB
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ABB Ltd.
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Securitas Technology
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Bosch Sicherheitssysteme GmbH
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Johnson Controls.
*Disclaimer: Major Players sorted in no particular order
Spain Data Center Physical Security Market News
- October 2023: Zwipe partnered with Schneider Electric's Security Solutions Group. The France-based multinational Schneider Electric plans to introduce the Zwipe Access fingerprint-scanning smart card to its clientele. This card will be integrated with Schneider Electric's Continuum and Security Expert platforms, serving a client base from sectors including airports, transportation, healthcare, and data centers.
- March 2023: Securitas Technology, a significant provider of integrated security systems, announced bringing together the electronic security expertise and capabilities of Securitas and STANLEY Security, which was acquired in July 2022.
Spain Data Center Physical Security Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Cloud Computing Capabilities Drives the Market's Growth
4.2.2 Increasing Security Concerns Drives the Market's Growth
4.3 Market Restraints
4.3.1 High Costs Associated with Physical Security Infrastructure
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Solution Type
5.1.1 Video Surveillance
5.1.2 Access Control Solutions
5.1.3 Others (Mantraps, Fences, and Monitoring Solutions)
5.2 By Service Type
5.2.1 Consulting Services
5.2.2 Professional Services
5.2.3 Others (System Integration Services)
5.3 End User
5.3.1 IT and Telecommunication
5.3.2 BFSI
5.3.3 Government
5.3.4 Healthcare
5.3.5 Other End Users
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Axis Communications AB
6.1.2 ABB Ltd
6.1.3 Securitas Technology
6.1.4 Bosch Sicherheitssysteme GmbH
6.1.5 Johnson Controls
6.1.6 Honeywell International Inc.
6.1.7 Siemens AG
6.1.8 Schneider Electric
6.1.9 Cisco Systems Inc.
6.1.10 Hikvision
6.1.11 Genetec
6.1.12 Pelco (Motorola Solutions Inc.)
6.1.13 Milestone Systems AS
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Spain Data Center Physical Security Industry Segmentation
The data center physical security market refers to the industry focused on providing products and services to safeguard the physical infrastructure and assets of data centers. This includes measures to protect data centers from unauthorized access to premises, hardware theft, vandalism, sabotage, terrorist acts, and other physical threats. Key components of data center physical security may include video surveillance and monitoring, access control systems, physical barriers, biometric authentication, and environmental controls designed to ensure the safety and integrity of the data center environment.
The Spanish data center physical security market is segmented by solution type, service type, and end user. By solution type, the market is segmented into video surveillance, access control solutions, and others. By service type, the market is segmented into consulting services, professional services, and others. By end user, the market is segmented into IT and telecommunication, BFSI, government, media and entertainment, and other end users. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Solution Type | |
| Video Surveillance | |
| Access Control Solutions | |
| Others (Mantraps, Fences, and Monitoring Solutions) |
| By Service Type | |
| Consulting Services | |
| Professional Services | |
| Others (System Integration Services) |
| End User | |
| IT and Telecommunication | |
| BFSI | |
| Government | |
| Healthcare | |
| Other End Users |
Spain Data Center Physical Security Market Research FAQs
How big is the Spain Data Center Physical Security Market?
The Spain Data Center Physical Security Market size is expected to reach USD 30.60 million in 2024 and grow at a CAGR of 15.90% to reach USD 65.60 million by 2029.
What is the current Spain Data Center Physical Security Market size?
In 2024, the Spain Data Center Physical Security Market size is expected to reach USD 30.60 million.
Who are the key players in Spain Data Center Physical Security Market?
Axis Communications AB, ABB Ltd., Securitas Technology, Bosch Sicherheitssysteme GmbH and Johnson Controls. are the major companies operating in the Spain Data Center Physical Security Market.
What years does this Spain Data Center Physical Security Market cover, and what was the market size in 2023?
In 2023, the Spain Data Center Physical Security Market size was estimated at USD 25.73 million. The report covers the Spain Data Center Physical Security Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spain Data Center Physical Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Spain Data Center Physical Security Industry Report
Statistics for the 2024 Spain Data Center Physical Security market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Data Center Physical Security analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
