Perimeter Security Market 2019 Trends p

Perimeter Security Market 2019 Trends, Opportunities & Forecast 2022

Detailed study on Perimeter
Security Market by MarketsandMarkets™
provides broad analysis on the basis of Types, Applications and key players
which is useful for better decision making.

According to a 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 expected to grow from $110.64 Billion in 2017 to $196.60
Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2% between 2017
and 2022.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1311

Browse in-depth TOC on "Perimeter
Security Market"

89- Tables 

27- Figures

149- Pages

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.

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)

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Source: https://www.marketsandmarkets.com/PressReleases/perimeter-security.asp