Market Size –
The perimeter intrusion detection system market size has grown rapidly in recent years. It will grow from $16.39 billion in 2023 to $19.36 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to increasing security concerns, urbanization and population growth, threat landscape evolution, cost reduction initiatives, industry standards and best practices.
The perimeter intrusion detection system market size is expected to see rapid growth in the next few years. It will grow to $38.03 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to increasing security concerns, regulatory compliance, urbanization and infrastructure development, and integration with smart city initiatives. Major trends in the forecast period include the emergence of smart sensors, focus on IoT integration, the shift towards cloud-based solutions, growing emphasis on cybersecurity, and rising demand for wireless systems.
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Scope Of Perimeter Intrusion Detection System 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 System Market Overview
Market Drivers –
Major Driver Impacting Market Growth
Market Trends –
Major companies operating in the perimeter intrusion detection system market are developing advanced solutions, such as ZoneSentry, to enhance their competitive advantage in the industry. ZoneSentry is a cutting-edge perimeter intrusion detection system (PIDS) designed for smaller sites, leveraging advanced fiber optic sensing technology. This innovative system provides efficient and cost-effective protection for properties and assets with smaller perimeters, covering distances of up to 8 kilometers. For instance, in April 2022, Bandweaver Technologies, a UK-based electronics company, launched ZoneSentry. This system operates on a zonal basis, employing fiber-optic distributed acoustic sensing (DAS) technology. By installing a single fiber optic sensing cable along the external perimeter or on critical assets, ZoneSentry can swiftly detect and alert to any vibrations indicative of intrusion events, facilitating prompt intervention to prevent potential damage or theft.
The perimeter intrusion detection system market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Deployment: Barrier-Mounted, Ground-Based, Free-Standing, Rapidly Deployable
3) By Organization Size: Large Enterprises, Small And Medium-sized Enterprises (SMEs)
4) By Industry Vertical: Critical Infrastructure, Military And Defense, Government, Transportation, Industrial, Correctional Facilities, Commercial, Other Industry Verticals
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Regional Insights –
North America was the largest region in the perimeter intrusion detection system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the perimeter intrusion detection system 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 system market are Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., Johnson Controls International plc, Hangzhou Hikvision Digital Technology Co. Ltd., Arthur J. Gallagher & Co. (AJG), 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 System Market Characteristics
3. Perimeter Intrusion Detection System Market Trends And Strategies
4. Perimeter Intrusion Detection System Market – Macro Economic Scenario
5. Global Perimeter Intrusion Detection System Market Size and Growth
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31. Perimeter Intrusion Detection System Market Other Major And Innovative Companies
32. Global Perimeter Intrusion Detection System Market Competitive Benchmarking
33. Global Perimeter Intrusion Detection System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Perimeter Intrusion Detection System Market
35. Perimeter Intrusion Detection System Market Future Outlook and Potential Analysis
36.Appendix
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