Market Size –
The perimeter intrusion detection and prevention market size has grown rapidly in recent years. It will grow from $10.81 billion in 2023 to $11.88 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to economic inequality, societal marginalization, insufficient law enforcement, lack of access to education and employment opportunities, and rise in incidents of theft and vandalism.
The perimeter intrusion detection and prevention market size is expected to see rapid growth in the next few years. It will grow to $17.56 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to advancements in sensor technologies, increased adoption of cloud-based solutions, rising concerns over cybersecurity threats, expansion of critical infrastructure projects, and growing demand for integrated security solutions in smart cities. Major trends in the forecast period include the adoption of AI and machine learning, growing integration with IoT devices, rising demand for cloud-based solutions, the emergence of 5G technology, and a shift towards proactive security measures.
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Scope Of Perimeter Intrusion Detection and Prevention Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Perimeter Intrusion Detection and Prevention Market Overview
Market Drivers –
Major Driver Impacting Market Growth
Market Trends –
Major companies operating in the perimeter intrusion detection and prevention market are developing innovative solutions, such as fiber optic sensing technology, aiming to enhance their competitive advantage in the industry. Fiber optic sensing technology is an advanced method of sensing that makes use of fiber optic cables to observe and track different physical occurrences. For instance, in April 2022, Bandweaver Technologies, a UK-based electronics company, launched ZoneSentry, a new perimeter intrusion detection system that uses cutting-edge fiber optic sensing technology to secure both property and assets within narrower perimeters of up to 8km efficiently and cost-effectively. This system operates on a zonal basis, employing fiber-optic distributed acoustic sensing (DAS) technology. ZoneSentry detects and alerts to any vibrations indicating incursion events by deploying a single fiber optic sensing line along the external perimeter or on important assets, allowing for fast intervention to avoid any damage or theft.
The perimeter intrusion detection and prevention market covered in this report is segmented –
1) By Type: Hardware, Software, Services
2) By Deployment: On-Premise, Cloud-Based
3) By Application: Aerospace, Government, Transportation, Industrial, Commercial, Military And Defense
4) By End User: Small And Medium Enterprises (SMEs), Large Enterprises
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Regional Insights –
North America was the largest region in the perimeter intrusion detection and prevention market in 2023. The regions covered in the perimeter intrusion detection and prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the perimeter intrusion detection and prevention market are Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., Johnson Controls International plc, Hangzhou Hikvision Digital Technology Co. Ltd., SICK AG, FLIR Systems Inc., Axis Communications AB, Anixter International Inc., Optex Co. Ltd., RISCO Group S.A., Texecom Ltd., Southwest Microwave Inc., Bosch Security Systems GmbH, Senstar Technologies Corporation, Frontline Security Solutions Ltd., Zaun Ltd., SightLogix Inc., Future Fiber Technologies Pty Ltd., Fiber SenSys Inc., Detekion Security Systems Inc., Advanced Perimeter Systems Ltd., PureTech Systems Inc., RBtec Perimeter Security Systems Ltd., CIAS Elettronica Srl
Table of Contents
1. Executive Summary
2. Perimeter Intrusion Detection and Prevention Market Characteristics
3. Perimeter Intrusion Detection and Prevention Market Trends And Strategies
4. Perimeter Intrusion Detection and Prevention Market – Macro Economic Scenario
5. Global Perimeter Intrusion Detection and Prevention Market Size and Growth
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31. Perimeter Intrusion Detection and Prevention Market Other Major And Innovative Companies
32. Global Perimeter Intrusion Detection and Prevention Market Competitive Benchmarking
33. Global Perimeter Intrusion Detection and Prevention Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Perimeter Intrusion Detection and Prevention Market
35. Perimeter Intrusion Detection and Prevention Market Future Outlook and Potential Analysis
36.Appendix
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