The global perimeter intrusion detection market was worth US$ 152.4 Billion in the year 2022 and is expected to reach US$ 339.3 Billion by the year 2028 at a robust CAGR of 14.3% between 2022 and 2028. Remote working is another factor drawing attention of perimeter intrusion detection as premises security is imperative.
These days, data centers, logistic warehouses, airports, and several other sites are in need for advanced security. This has, in turn, developed requirement for various trusted security solutions. At the same time, growing intensity of false alarms and complex integration software could restrain the perimeter intrusion detection market in the years to come.
Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Perimeter Intrusion Detection Market’. It has its line of expertise in the form of analysts and consultants to deploy an eagle’s eye view in its primary, secondary, and tertiary modes of research.
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“With an utmost need for security against the malicious activities, the global perimeter intrusion detection market is bound to grow irrevocably in the near future”, says an analyst from Future Market Insights.
Key Takeaways from Perimeter Intrusion Detection Market
- North America holds the largest market share due to the US witnessing a large-scale acceptance of fiber optic perimeter security coupled with presence of majority of market players herein. Joe Biden’s government is all set to invest US$ 100 Billion in digital infrastructure.
- The Asia-Pacific is expected to grow at a sizable rate in the perimeter intrusion detection market with China witnessing incorporation of security infrastructure components.
- Europe holds a matured share of market on the analogous grounds as that of North America and the scenario is expected to remain unchanged even in the forecast period. Poland does aim toward installation of an electronic surveillance system along shared land border (with Ukraine, Belarus, and Russia) under Uniformed Services Modernisation Programme for 2022-25.
Competitive Analysis
- Heras, in May 2021, did release a novel version of its next-generation PIDS (Perimeter Intrusion Detection System). The basic objective is that of providing improvised perimeter security to various industries inclusive of distribution centers and warehouses.
- Bandweaver, in May 2022, unleashed ZoneSentry. It comes across as the newest PIDS based on ‘fiber optics sensing’.
- Matrix, in May 2022, did introduce a perimeter security solution offering intrusion and tripwire detection that could be integrated with camera as well.
What does the Report state?
- The research study is based on by component (perimeter intrusion detection sensors (microwave sensors, infrared sensors, fiber-optic sensors, radar sensors, and other sensors), and perimeter intrusion detection services (professional perimeter intrusion detection services and managed perimeter intrusion detection services)), type (barrier-mounted perimeter intrusion detection systems, ground-based perimeter intrusion detection systems, free-standing perimeter intrusion detection systems, and rapidly deployable perimeter intrusion detection systems), and vertical (military & defense, government, industrial, critical infrastructure, commercial, residential, and likewise).
- With fiber optic sensors along with AI being integrated with perimeter detection systems, the global perimeter intrusion detection market is expected to grow on a fine note in the forecast period.
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Key Segments of Perimeter Intrusion Detection Industry Analysis
Perimeter Intrusion Detection Market by Component:
Perimeter Intrusion Detection Solutions
- Perimeter Intrusion Detection Sensors
- Perimeter Intrusion Detection Cameras
- Perimeter Intrusion Detection Optical Fiber
- Perimeter Intrusion Detection Software
- Others
Perimeter Intrusion Detection Services
- Professional Perimeter Intrusion Detection Services
- Managed Perimeter Intrusion Detection Services
Perimeter Intrusion Detection Market by Type:
- Barrier-Mounted Perimeter Intrusion Detection Systems
- Ground-Based Perimeter Intrusion Detection Systems
- Free-Standing Perimeter Intrusion Detection Systems
- Rapidly Deployable Perimeter Intrusion Detection Systems
Perimeter Intrusion Detection Market by Vertical:
- Military & Defense
- Government
- Industrial
- Critical Infrastructure
- Commercial
- Residential
- Others
Perimeter Intrusion Detection Market by Region:
- North America Perimeter Intrusion Detection Market
- Latin America Perimeter Intrusion Detection Market
- Europe Perimeter Intrusion Detection Market
- East Asia Perimeter Intrusion Detection Market
- South Asia & Pacific Perimeter Intrusion Detection Market
- Middle East & Africa (MEA) Perimeter Intrusion Detection Market
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