According to the new market research report "
Perimeter Security Market by Component (Systems (Perimeter
Intrusion Detection, Video Surveillance, Access Control, and Alarms and
Notification Systems) and Services (Professional and Managed Services)),
Vertical, Region - Global Forecast to 2022 ",
published by MarketsandMarkets™, the perimeter security market is expected to
grow from USD 110.64 Billion in 2017 to USD 196.60 Billion by 2022, at a
Compound Annual Growth Rate (CAGR) of 12.2% between 2017 and 2022.
Don’t miss out on business opportunities in Perimeter
Security Market.Speak to our analyst and gain crucial industry insights
that will help your business grow:
The growth of the market is primarily driven by the rise in
terror attacks worldwide. The increasing technological developments in video
surveillance is said to have fueled the demand for perimeter security systems
and services. Furthermore, the increased usage of internet of things (IoT) is
also expected to be contributing to the growth of the perimeter security
market.
Based on systems, the video surveillance system segment is
estimated to lead the perimeter security market during the forecast period
Based on systems, the perimeter security market has been
subsegmented into perimeter intrusion detection systems, video surveillance
systems, access control systems, alarms and notification systems, and others
(fencing, lighting, and detection devices for metals, explosives, drugs, and
chemicals). The video surveillance systems segment is estimated to lead the
perimeter security market between 2017 and 2022. The increasing use of video
surveillance systems, especially in the commercial and services, industrial,
and military and defense verticals for protecting the organization of assets is
said to be enhancing the growth of the video surveillance systems segment in
the perimeter security market.
Browse and in-depth TOC on " Perimeter
Security Market "
89 - Tables
27 - Figures
149 – Pages
View more detailed TOC @
The commercial and services vertical in the perimeter security
market is estimated to hold the largest share in 2017
The increasing incidence of crimes, such as theft of physical as
well as data/information, has led to the need for security systems to protect
not only the property owners, but the property as well. With this intention,
corporate organizations are investing substantial amounts to protect sensitive
data and their employees. The high demand for security systems in large and
small retail businesses aims at reducing robbery and inventory loss. In the
commercial sector, financial institutions and banks are highly in need of video
surveillance systems, to provide security to the buildings, maintain cash
management, and monitor customers and staff activities. These factors enhance
the security parameters and drive the need for video surveillance systems in
the commercial sector.
North America is expected to dominate the perimeter security
market during the forecast period
The North American perimeter security market is projected to be
dominating during the forecast period. The growth of this market can be
attributed to the increasing need for security against terrorist activities,
strict government regulations for safety and security, rising illegal
immigration, technological developments in physical security solutions, and the
increasing criminal activities in North America.
The report encompasses the competitive landscape, which presents
the positioning of the 25 key perimeter security systems and services vendors,
based on their product offerings and business strategies. Some of the major
solution vendors include Axis Communications AB (Sweden), Hangzhou Hikvision
Digital Technology Co., Ltd. (US), Dahua Technology Co., Ltd. (China), Bosch
Security Systems (Germany), United
Technologies Corporation (US), Honeywell International Inc. (US), Southwest
Microwave, Inc. (US), Johnson Controls International plc (Tyco Systems Inc.)
(Republic of Ireland), RBtec Perimeter Security Systems (US), Fiber SenSys,
Inc. (US), CIAS Elettronica (Italy), Senstar Corporation (Canada), and PureTech
Systems, Inc. (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000
high growth niche opportunities/threats which will impact 70% to 80% of
worldwide companies’ revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are
tracking global high growth markets following the "Growth Engagement Model
– GEM". The GEM aims at proactive collaboration with the clients to
identify new opportunities, identify most important customers, write
"Attack, avoid and defend" strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth
emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive intelligence and market
research platform, "Knowledge Store" connects over 200,000 markets
and entire value chains for deeper understanding of the unmet insights along
with market sizing and forecasts of niche markets.
No comments:
Post a Comment