Perimeter Intrusion Detection and Prevention Market Market Segmentation, Scope And Drivers Report To 2033 | Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd.

Overview and Scope
Perimeter intrusion detection and prevention (PIDP) refers to a security system used to monitor and defend the boundaries of a physical or digital area, aiming to identify and discourage unauthorized access or breaches. It serves to promptly detect breaches, safeguard assets, and enhance response time in the event of security incidents.

Sizing and Forecast
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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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

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.

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Major Driver Impacting Market Growth
The surge in criminal activities is expected to propel the growth of the perimeter intrusion detection and prevention market going forward. Criminal activities refer to actions or behaviors that contravene established laws, regulations, or societal standards, covering a broad spectrum of illegal behaviors such as theft, fraud, and various other offenses. Increasing criminal activities are attributed to several factors, such as economic inequality, lack of access to education and employment opportunities, social marginalization, and inadequate law enforcement. Perimeter intrusion detection and prevention systems help in mitigating criminal activities by identifying unauthorized access attempts, thus bolstering security and facilitating swift intervention to deter theft, vandalism, or other unlawful behavior. For instance, in October 2023, according to the Office for National Statistics, a UK-based non-ministerial department, police recorded robberies in the UK rose by 11%, reaching 77,337 incidents, compared to the period ending June 2022, which had 69,432 incidents. Therefore, the surge in criminal activities is driving the growth of the perimeter intrusion detection and prevention market.

Key Industry Players
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 Sicherheitssysteme GmbH, Senstar Technologies Corporation, Frontline Security Solutions Ltd., Zaun Ltd., SightLogix Inc., Future Fibre 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

The perimeter intrusion detection and prevention market report table of contents includes:

1. Executive Summary

2. Perimeter Intrusion Detection and Prevention Characteristics

3. Perimeter Intrusion Detection and Prevention Trends And Strategies

4. Perimeter Intrusion Detection and Prevention – Macro Economic Scenario

5. Global Perimeter Intrusion Detection and Prevention Size and Growth

…..

32. Global Perimeter Intrusion Detection and Prevention Competitive Benchmarking

33. Global Perimeter Intrusion Detection and Prevention Competitive Dashboard

34. Key Mergers And Acquisitions In The Perimeter Intrusion Detection and Prevention

35. Perimeter Intrusion Detection and Prevention Future Outlook and Potential Analysis

36. Appendix

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