Perimeter Intrusion Detection Market Expected to Increase at a CAGR 14.3% through 2018 to 2028
Future Market Insights has recently published a market research report titled “Perimeter Intrusion Detection Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” According to the study, the global perimeter intrusion detection market is likely to record a total incremental opportunity of US$ 25,679.2 Mn during the forecast period of 2018 to 2028. Nowadays, for several industrial verticals, perimeter intrusion detection system is in the focal point when it comes to establishing a security plan. Industry verticals across the globe are adopting advanced security and surveillance systems to increase their internal and external security. Moreover, governments across the globe are increasing the security at their borders for protection against terrorist attacks. These are some of the prominent factors that are boosting the global perimeter intrusion detection market.
Future Market Insights has recently published a market research report titled “Perimeter Intrusion Detection Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” According to the study, the global perimeter intrusion detection market is likely to record a total incremental opportunity of US$ 25,679.2 Mn during the forecast period of 2018 to 2028.
Nowadays, for several industrial verticals, perimeter intrusion detection system is in the focal point when it comes to establishing a security plan. Industry verticals across the globe are adopting advanced security and surveillance systems to increase their internal and external security. Moreover, governments across the globe are increasing the security at their borders for protection against terrorist attacks. These are some of the prominent factors that are boosting the global perimeter intrusion detection market.
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Perimeter Intrusion Detection Market
March 2020
Report Id : REP-GB-3064
Published On : May 9, 2019
Category : Electronics, Semiconductors, and ICT
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Perimeter Intrusion Detection Market Analysis
Future Market Insights has recently published a market research report titled “Perimeter
Intrusion Detection Market – Global Industry Analysis 2013 – 2017 and Opportunity
Assessment 2018 – 2028.” According to the study, the global perimeter intrusion detection
market is likely to record a total incremental opportunity of US$ 25,679.2 Mn during the
forecast period of 2018 to 2028.
Nowadays, for several industrial verticals, perimeter intrusion detection system is in the
focal point when it comes to establishing a security plan. Industry verticals across the
globe are adopting advanced security and surveillance systems to increase their internal
and external security. Moreover, governments across the globe are increasing the security
at their borders for protection against terrorist attacks. These are some of the prominent
factors that are boosting the global perimeter intrusion detection market.
www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
4
Perimeter Intrusion Detection Market Analysis
Application in Commercial Sector to Create Opportunities
In the global perimeter intrusion detection market report, Future Market Insights has
segmented the global perimeter intrusion detection market by component, by type, by
vertical, and by region. The component segment is further segmented into solution and
services. Due to rapid adoption of next-generation and cloud-based solutions, the
solution sub-segment is expected to create potential growth opportunities for the
providers of perimeter intrusion detection solutions.
On the basis of type, the global perimeter intrusion detection market is sub-segmented
into barrier-mounted, ground-based, free-standing, and rapidly deployable. Due to the
rising integration of advanced sensors with barrier-mounted perimeter intrusion
detection systems, the market is expected to witness an incremental opportunity of US$
7,494.6 Mn between 2018 and 2028. On the other hand, the ground-based perimeter
intrusion detection system sub-segment is expected to exhibit a CAGR of 14.3% during the
forecast period.
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Perimeter Intrusion Detection MarketAnalysis
Based on vertical, the perimeter intrusion detection system market is sub-segmented into
military & defence, government, industrial, critical infrastructure, commercial, residential,
and others. Due to increasing demand from the commercial sector, the commercial subsegment
is expected to create potential growth opportunities for the providers of perimeter
intrusion detection systems. Furthermore, with the rising adoption of advanced security
systems in the industrial sector, the industrial sub-segment is expected to grow with a high
CAGR during the forecast period.
Emerging Regional Economies to Represent Lucrative Investment Pockets
On the basis of geography, North America is expected to dominate in the global perimeter
intrusion detection market due to the advent of next-generation technological
advancements in the U.S. and Canada. The Europe perimeter intrusion detection market will
be a target market for market participants, as the regional governments are promoting and
supporting advanced security systems.
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Perimeter Intrusion Detection MarketAnalysis
The perimeter intrusion detection market has high potential in China owing to major
technological advancements in the country. China is now the most connected country in
the world. In the recent years, the perimeter intrusion detection market in China has
witnessed a significant growth. Latin American market for perimeter intrusion detection
is also estimated to grow with a high CAGR over the forecast period.
Furthermore, the vital need for security against terrorist activities and the rising
government budget for the defence sectors are among factors that have revolutionised
the security infrastructure of various developed and developing regions. To keep up with
the growing demand from the Asia Pacific and MEA regions, several security
infrastructure component providers have started investing heavily in these regions.
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Perimeter Intrusion Detection MarketAnalysis
Competition Assessment: Perimeter Intrusion Detection Market
Some of the key players in the global perimeter intrusion detection market research
report include Honeywell International Inc., Johnson Controls Inc., Anixter, Schneider
Electric SE, Axis Communications, Flir Systems, Rbtec Perimeter Security Systems, and
Singapore Technologies Engineering Ltd. These perimeter intrusion detection providers
are continuously focusing on offering advanced products and following the strategy of
entering into partnerships and collaborations with other perimeter intrusion detection
system providers to offer advanced perimeter intrusion detection systems and to reach
new growth markets in the next few years.
Press Release Source: https://www.globenewswire.com/news-
release/2019/05/13/1822453/0/en/Perimeter-Intrusion-Detection-Market-to-Grow-US-
25-679-2-Mn-by-2028-Future-Market-Insights.html
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Perimeter Intrusion Detection MarketAnalysis
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