San
Francisco, 03 October 2018, The global perimeter security market is
expected to reach USD 29.63 billion by 2025, according to a new report by Grand
View Research, Inc. The increasing threat of terrorism and the rising illegal
activities such as planned crimes, thefts, smuggling, and human trafficking
have led to a rise in the adoption of security systems.
Technological
proliferation has led to the growth of smart cities and smart infrastructure.
Owing to this, the implementation of security systems at commercial complexes,
entertainment hubs, and public sites is on the rise. The integration of
security systems with internet and the latest mobile devices has made
surveillance easier.
The demand
for video surveillance systems is expected to grow over the forecast period due
to the large-scale investments in smart infrastructure projects by various
nations. The intrusion detection systems have been implemented by numerous
large organizations and societies in order to protect people and valuable
assets from intruders.
Perimeter
security systems are expected to find major applications in the transportation
end-use segment, especially at airports, railway stations and sea ports in
various countries owing to the increasing incidents of security breaches across
territories. The Asia Pacific regional market is expected to witness the
fastest growth in the global perimeter security market.
Full Research Report On Perimeter Security Market Analysis:
www.grandviewresearch.com/industry-analysis/perimeter-security-market
www.grandviewresearch.com/industry-analysis/perimeter-security-market
Further key findings from the report suggest:
·
The market for the global perimeter
security systems is expected to grow at a CAGR of 7.6% over the forecast period
owing increasing threats across the globe
·
Owing to increased availability of multiple
safeguarding systems that need to be integrated for easy access of data, the
system integration & consulting segment is estimated to witness growth and
generate a revenue of USD 1,623.5 million by 2025
·
The access control systems segment is
anticipated to witness growth owing to large-scale implementation at IT &
Telecom organizations, registering a CAGR of 7.4% over the next eight years
·
The increasing cross-border terrorism has
resulted in high investments in military & defense segment which captured a
major market share in terms of revenue and is expected to reach USD 7,851.9
million by 2025.
·
The Asia Pacific regional market is
projected to witness substantial growth over the forecast period owing to the
increasing infrastructure developments. It is expected to attain a market size
of USD 8,770.9 million by 2025
·
Key players including Anixter International
Inc., Axis Communications AB, Honeywell International, Inc., Rbtec Perimeter
Security Systems, FLIR Systems, Inc., Puretech Systems, Senstar Corporation,
and Tyco International Ltd. dominate the global perimeter security market
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the
perimeter security market on the basis of system, service, end-use, and region:
System
Outlook (Revenue, USD Million; 2014 - 2025)
·
Access Control Systems
·
Alarms and Notification Systems
·
Intrusion Detection Systems
·
Video Surveillance Systems
·
Barrier Systems
o
Active Barriers
o
Passive Barriers
·
Others
Service
Outlook (Revenue, USD Million; 2014 - 2025)
·
System Integration and Consulting
·
Risk Assessment and Analysis
·
Managed Services
·
Maintenance and Support
End-use
Outlook (Revenue, USD Million; 2014 - 2025)
·
Government
·
Military & Defense
·
Transportation
·
Commercial
·
Industrial
·
Others
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
France
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Full Press Release of this Report: www.grandviewresearch.com/press-release/global-perimeter-security-market
About Grand View Research
Grand View Research, Inc.
is a U.S. based market research and consulting company, registered in the State
of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
