Perimeter Security - Global Market Outlook (2017-2023)

SKU ID : SMRC- 10733630

Publishing Date : 01-Sep-2017

No. of pages : 164

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  • According to Stratistics MRC, the Global Perimeter Security market is expected to grow from $95.26 billion in 2016 to reach $224.89 billion by 2023 with a CAGR of 13.0%. Factors such as rising number of perimeter intrusions, increasing urban infrastructure across the globe, strict government rules and rising technological advancement in perimeter security are fueling the market growth. However, high investment cost & maintenance requirements, lack of technical expertise and awareness are restricting the market. In addition, development of next-generation integrated systems provides ample of opportunities for the market growth.

    Perimeter security as systems and technologies protect people and assets within a facility and its grounds by blocking unauthorised physical intrusions across the perimeter. Perimeter security systems use covert technology to create an unseen wall of protection around property, ready to alert to the presence of an intruder at the very earliest opportunity. In the future, perimeter security could become part of a connected technology system, which is able to profile specific locations, and match the skills and competencies of manpower required for each area.

    Residential, Educational, and Religious Buildings segment is anticipated to register highest CAGR attributed to the rate of theft and robbery is rising globally, security is becoming a main concern for individuals and residential complexes, such as private residential buildings. Such concerns are increasing the command for security solutions, which include biometrics-based electronic locks and sensor-based intruder alarm systems. Thus, the growing need for safety and security of people, and the personal belongings is driving the growth of this market.

    North America registered the largest market share during the forecast period owing to the growing security need due to rising terrorist actions and criminal activities. Furthermore, strict government rules for safety and security and technological improvements are expected to fuel the growth of the market in this region.

    Some of the key players in global Perimeter Security market include Anixter International, Axis Communications AB, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Senstar Corporation, Puretech Systems, Inc., Cias Elettronica, Fiber Sensys, Inc., Johnson Controls International PLC, Rbtec Perimeter Security Systems, Southwest Microwave, Inc., United Technologies Corporation, Dahua Technology Co., Ltd., Bosch Security Systems and Advanced perimeter systems ltd.

    Components Covered:
    • Systems
    o Video Surveillance Systems
    o Access Control Systems
    o Alarms and Notification Systems
    o Perimeter Intrusion Detection Systems
    o Other Systems
    • Services
    o Managed Services
    o Professional Services

    End Users Covered:
    • Infrastructure
    • Military and Defense
    • Commercial and Services
    • Residential, Educational, and Religious Buildings
    • Hospitality
    • Transportation
    • Industrial
    • Government
    • BFSI
    • Manufacturing

    Regions Covered:
    • North America
    o US
    o Canada
    o Mexico
    • Europe
    o Germany
    o UK
    o Italy
    o France
    o Spain
    o Rest of Europe
    • Asia Pacific
    o Japan
    o China
    o India
    o Australia
    o New Zealand
    o South Korea
    o Rest of Asia Pacific
    • South America
    o Argentina
    o Brazil
    o Chile
    o Rest of South America
    • Middle East & Africa
    o Saudi Arabia
    o UAE
    o Qatar
    o South Africa
    o Rest of Middle East & Africa

    What our report offers:
    - Market share assessments for the regional and country level segments
    - Market share analysis of the top industry players
    - Strategic recommendations for the new entrants
    - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
    - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
    - Strategic recommendations in key business segments based on the market estimations
    - Competitive landscaping mapping the key common trends
    - Company profiling with detailed strategies, financials, and recent developments
    - Supply chain trends mapping the latest technological advancements

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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