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Base Year
Historical Year
Forecast Year
The global perimeter security market stood at a value of around USD 74.53 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.8% to reach USD 146.58 billion by 2032.
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Based on end use, the military and defence segment is predicted to hold a significant market share over the forecast period. This can be attributed to the growing investments to ensure the security and safety of troops and citizens. The use of drones for aerial surveillance has considerably increased in the last few years.
The use of latest technology, such as integrated fibre optic perimeter intrusion detection systems (PIDS), video analytics, and thermal cameras, among others, is expected to significantly contribute to the market growth in the coming years.
Geographically, the Asia Pacific is expected to witness a healthy growth during the forecast period. The growth in the region can be attributed to the rising population, increasing concerns regarding perimeter intrusion threats from terrorist groups, and high investments in public safety measures by the governments. In addition, the sectors, such as military and defence, transportation, critical infrastructures, nuclear plants, chemical industries, oil and gas, and others are the major contributors to the growth of the perimeter security industry, as perimeter security systems in such sectors help keep intruders away from the guarded area to ensure protection against burglary and vandalism.
Perimeter security, also known as perimeter protection, recognises threats, inspects attack patterns, and executes surveillance with the help of technology. Being a security solution, a perimeter security system is an easy way to help safeguard the property from unauthorised access and unwanted guests.
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By system, the industry can be segmented into:
Based on service, the industry can be divided into:
On the basis of end use, the industry can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The global perimeter security industry has been growing considerably over the last few years, aided by the growing technological advancements and a shift towards digital solutions over traditional to enhance security and surveillance. The deployment of latest techniques, like IP based surveillance cameras for remote monitoring, motion sensors, and wireless technology, is significantly contributing to the growth of the market. Moreover, the growing adoption of AI based unmanned aerial vehicle innovations, such as drones for aerial surveillance, is expected to further propel the perimeter security industry growth in the forecast period.
The report gives a detailed analysis of the following key players in the global perimeter security market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by System |
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Breakup by Service |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Perimeter Security Market Size
Perimeter Security Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global perimeter security market attained a value of nearly USD 74.53 billion.
The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.
The major market drivers include the growing deployment of latest technologies in perimeter security, the emerging shift towards digital solutions, and surging concerns regarding perimeter intrusion threats from terrorist groups.
The increasing investments in public safety measures by the governments and the growing adoption of AI based unmanned aerial vehicles innovations are the key trends supporting the market growth.
The major regions in the perimeter security market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Access control, alarms and notifications, intrusion detection, video surveillance, and barriers, among others, are the various systems considered in the market report.
The major segments based on service of perimeter security included in the market report are system integration and consulting, risk assessment and analysis, managed security services, and maintenance and support.
The different end uses of perimeter security are commercial, government, industrial, military and defence, and transportation, among others.
The major players in the market are Agent Video Intelligence Ltd., Honeywell International Inc., Dahua Technology Co., Ltd, Senstar Corporation, Fiber SenSys, Inc., and Bosch Sicherheitssysteme GmbH, among others.
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+61 448 06 17 27
India
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+91-858-608-1494
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+63 287899028, +63 967 048 3306
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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