openPR Logo
Press release

Perimeter security market still growing

Perimeter security market is projected to reach a revenue of approximately USD 60 billion over the forecast timespan. The increasing instances of theft, vandalisms, homicides, and rapes is causing governments of various economies, primarily in the Latin American and Asia Pacific region to adopt equipment provided by players in the electronic security market. The ‘Safe City’ plan of the Chinese government to enhance civilian security is expected to propel the demand for surveillance and video monitoring systems. For instance, in September 2017, China installed about 20 Million street cameras equipped with artificial intelligence.

Request for a sample of this research report @

The growing impact of smart technologies, biometrics, and home automation systems is anticipated to revolutionise the electronic security market. Technological advancements such as the development of remote access monitoring technologies allow homeowners to monitor surveillance cameras and sensors remotely with the aid of a mobile app or a web portal. Additionally, they can be armed and disarmed at will from remote locations at any time.

The growing trend of IoT and connected systems is causing security to become a prime area of concern and leading to the high adoption of electronic security market. Everyday consumer products, such as fridges and coffee machines, are increasingly equipped with computer chips that can be hacked into to extract sensitive customer information and understand the user’s behaviour pattern. Technology such as the Samsung smart TV for instance has major security issues since Tizen OS can be easily hacked into by external parties. To improve security provided to homes, vendors in the Perimeter security market are increasingly providing smart solutions such as intelligent door locking systems and facial recognition sensor technology for refrigerators.

Make an Inquiry for purchasing this report @

Segmentation of the Perimeter security market by product indicates that the antiterrorist and inspection equipment is anticipated to grow during the forecast timespan owing to their applications in airports, commercial units, and the residential sector. Systems such as metal detectors, X-ray inspection machines, and turnstile & revolving doors can be easily deployed at low cost or on rent basis and are instrumental in dissuading criminals carrying explosives and armaments from threatening the safety of the general population.

The custom service segment of the Perimeter security marketis anticipated to exhibit high growth. Cross border drug and human smuggling, packaged in normal settings, have undergone high growth in the recent years. Illegal contrabands can be stored in packages or placed in body cavities. The U.S government, for instance, is tightening their border security protocols along the southern border owing to increasing instances of drug trade.

Perimeter security market players include ADT LLC, Honeywell International Inc., G4S PLC, ASSA ABLOY Group, Frontier Pitts, Ltd., Auto Clear LLC, Hitachi Ltd, and BOSCH Security Systems. The industry comprises of a large number of players owing to which companies are required to undertake strategies such as product innovations and mergers to sustain growth in the electronic security market. For instance, in July 2017, OSI Systems, Inc. announced that they had completed the USD 75.5 million acquisition of Morpho global explosive trace-detection business from Smiths Group PLC.

Table of Content (TOC)
Chapter 5. Electronic Security Market, By Application
5.1. Security system electronics market share, by product, 2016 & 2024
5.2. Environmental
5.2.1. Market estimates and forecasts, 2013 - 2024
5.3. Public sector
5.3.1. Market estimates and forecasts, 2013 - 2024
5.4. Custom service sector
5.4.1. Market estimates and forecasts, 2013 - 2024
5.5. Postal
5.5.1. Market estimates and forecasts, 2013 - 2024
5.6. Telecommunications
5.6.1. Market estimates and forecasts, 2013 - 2024
5.7. Residential
5.7.1. Market estimates and forecasts, 2013 - 2024
5.8. Others
5.8.1. Market estimates and forecasts, 2013 – 2024

Browse Full Toc of This Report @

Global Market Insights, Inc. has a report titled, “Electronic Security Market Size By Product (Access & Control System, Surveillance & Alert System, Anti-Theft System, Antiterrorist & Inspection Equipment), By Application (Environmental, Public Sector, Custom Service Sector, Postal, Telecommunications, Residential), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Competitive Market Share & Forecast, 2017 - 2024” available at

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Perimeter security market still growing here

News-ID: 1072251 • Views: 320

More Releases from Global Market Insights, Inc.

USD 28.3 Bn by 2024, Welding Equipment & Consumables Market Study Report 2018-20 …
The global welding equipment & consumables market size is expected to reach USD 28.3 billion by 2024, progressing at a CAGR 4.5% over the forecast period, according to a new report by Global Market Insights, Inc. The welding equipment & consumables market is expected to register considerable growth on account of proliferating developments in the infrastructure sector. Countries like China, India, Indonesia, and Japan are witnessing a significant rise in construction
Fire Suppression Market Revenue and Growth Analysis | Global Market Insights
The global fire suppression market size is expected to reach USD 16 billion by 2024, progressing at a CAGR 3.7% over the forecast period, according to a new report by Global Market Insights, Inc. Fire Suppression Market is predicted to exceed USD 16 billion by 2024. strict government norms towards public safety coupled with rising consumer awareness will stimulate the fire suppression market size. Introduction of safety standards and codes along
Self-compacting Concrete Market: Outlook and Opportunities in Grooming Regions 2 …
The self-compacting concrete market size is expected to exceed more than US$ 30.2 Billion by 2024; Growing at a CAGR of more than 5.3% in the given forecast period 2017 to 2024. Robust demand for self-compacting concrete in the U.S. due to the increased drilling activities, which can be attributed to the fast pace of the petroleum industry will drive self-compacting concrete market during the forecast period. For example, as per
Luxury Plumbing Fixtures Market Insights, Trends Sales, Supply, Demand 2018-2024
The continuous developments in luxury plumbing fixtures market is attributed to increasing preference towards sustainable and water efficient solutions, rising per capita income and improving economic conditions. Consumer inclination towards advanced features and aesthetics in bathrooms and kitchens is considerably fueling the product sales. Robust advancements in plumbing have resulted in the development of luxury fixtures such as bathrooms integrated with AV systems, dual-flush toilets and motion sensor faucets, which in

All 5 Releases

More Releases for Perimeter

Perimeter Intrusion Detection Systems Market to 2025 - Anixter International, Sc …
Perimeter Intrusion Detection Systems Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white
India Perimeter Intrusion Detection and Prevention Market Research 2018-2023 Rev …
India Perimeter Intrusion Detection & Prevention Market Research Report, by Component (Hardware, Software, Services), usage place (open area, buried, fence mounted), type (host-based, wired), deployment (on-cloud, on-premise), vertical (aerospace) - Forecast till 2023 Key players The key players in the area of India Perimeter Intrusion Detection & Prevention Market are Magal Security Systems Ltd. (Israel), FLIR Systems Inc. (U.S.), Tyco International Plc. (Ireland), Honeywell International Inc. (U.S.), Schneider Electric SE (France), Optex
Global Perimeter security market research and analysis 2018-2022
Global Perimeter Security Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2022 PERIMETER SECURITY MARKET INSIGHTS: The Perimeter Security market is expected to witness a significant growth rate of 7.3% over the forecasted period 2017-2022. Rising demand for security against terrorist attack coupled with favorable government regulations for security are the key forces driving the global perimeter security market. Along with it, rising need to reduce manpower costs
Global Perimeter Security Market Size, Status and Forecast 2022
This report studies the global Perimeter Security market, analyzes and researches the Perimeter Security development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Honeywell Hangzhou Hikvision Digital Technology Axis Communications AB Dahua Technology Bosch Security Systems United Technologies Corporation Southwest Microwave Johnson Controls International PLC Rbtec Perimeter Security Systems Fiber Sensys Cias Elettronica Senstar Corporation Sample of this report is available upon request @ Market segment by
Perimeter Intrusion Detection Systems Market Size – $ 5.82billion by 2021
Perimeter Intrusion Detection Systems Market size 2017-2022 by Service spreads across 125 pages profiling 11+ companies and supported with 66 tables and 45 figures available at Get Sample Copy Here @ “The increasing risk of terrorism and infiltration is expected to drive the perimeter intrusion detection systems market” The perimeter intrusion detection systems market size is estimated to grow from USD 4.12 billion in 2016 to USD 5.82billion by
Global Perimeter Intrusion Detection System Sales Market Report 2017
This report studies sales (consumption) of Perimeter Intrusion Detection System in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Anixter International Axis Communications Tyco Flir Systems Xtralis Senstar Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth