Perimeter security is referred to as high detective system which provides early warning of attacks or threats. Global perimeter security market size was valued at $110.12 billion in 2017 and is estimated to reach $274.29 billion by 2025 with the CAGR of 12.34% during 2019-2025. The perimeter security market is driven by government regulations on perimeter security, rising installation of video surveillance system, growing need to reduce workforce cost, the rapid rise in numerous range of perimeter intrusions and heavy investments in security systems. Lack of technical professionals & security skills, require high initial investments for deployment, accessing the existing system with new technology and high detection probabilities with false alarm rates are the major factors hindering the perimeter security market growth. Furthermore, rising urban infrastructure and evolution of next-generation integrated systems for perimeter security systems are expected to contribute growth of perimeter security market in the near future.
Research Study Objectives:
- Define, estimate, and forecast the perimeter security market statistics by component, end users and regions concerning the individual growth drivers, market trends and their contribution toward the perimeter security market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the perimeter security market analysis report.
- Analysis and conclusions on the future perimeter security market outlook.
Top-down and bottom-up approaches are used to validate the perimeter security market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases
including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The perimeter security market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the perimeter security market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Perimeter Security Market segmentation is as follows:
By Component
- Systems
- Perimeter Intrusion Detection Systems
- Sensor Types
- Microwave Sensors
- Radar Sensors
- Fibre-Optic Sensors
- Infrared Sensors
- Others
- Deployment Types
- Fence Mounted
- Buried
- Open Area
- Video Surveillance Systems
- Hardware
- Camera
- Monitor
- Server
- Storage
- Other Accessories
- Software
- Video Analytics
- Video Management Software
- Neural Network Algorithms
- Access Control Systems
- Hardware
- Card-Based Readers
- Biometric Readers
- Multi-Technology Readers
- Controllers
- Access Control Management Software/Database
- Alarms and Notification Systems
- Others
- Services
- Professional Services
- System Integration & Consulting
- Risk Assessment & Analysis
- Training & Education
- Maintenance & Support
- Managed Services
By End Users
- Commercial and Services
- Industrial
- Infrastructure
- Government
- Military and Defense
- Residential, Educational, and Religious Buildings
Geographical Analysis:
Perimeter security market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by
countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the perimeter security market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Perimeter Security Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Perimeter Security, such as
- Southwest Microwave, Inc.
- Axis Communication AB
- Robert Bosch GmbH
- United Technologies Corporation
- Honeywell International Inc.
Along with these companies, many other companies are considered in the report while analysing the global perimeter security market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.