North America is expected to Generate Highest Revenue for the Perimeter Intrusion Detection System Market

Perimeter intrusion detection system is a device that monitors and prevents any malicious activity inside a fixed area and reports those activities to security information and event management system. The growth of perimeter intrusion detection system market is due to the factors such as increasing risk of terrorism activities and infiltration, increasing government safety regulations, and need to reduce expenditure on manpower by installation of these systems. Technological advancement such as the emergence of video surveillance and analytics solutions is expected to open up new growth opportunities for this market. The emergence and adoption of next generation integrated systems are further adding to the growth in demand for these systems. Further, rising cost of patrol guards in developed economies and infrastructure expansion in developing economies are expected to open up tremendous opportunities for companies competing in the perimeter intrusion detection market.

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/perimeter-intrusion-detection-system-market

Based on services in perimeter intrusion detection system market, system integration & consulting and managed services is expected to show high growth due to the increasing need of organization for integration and consulting of their security systems. North America is expected to generate highest revenue for the perimeter intrusion detection system industry due to the increasing concern of the regional governments over threat of terrorism activities. Latin America is also expected to show a significant growth in the perimeter intrusion detection system market, as the government of countries in the region is investing heavily to increase national safety. The PIDS solutions are used across various industrial verticals such as military & defence, government, transportation and critical infrastructure. The demand for such systems is expected to increase in the coming years because of the increasing adoption from commercial and industrial sectors.

Increased risk of terrorism and infiltration and the significant reduction in the manpower cost offered are the major factors that propel the demand for perimeter intrusion detection systems. Organizations across the world are rapidly deploying perimeter intrusion detection system due to stringent government regulations for improving safety, which leads to increased demand of perimeter intrusion detection system to ensure the efficient deployment, integration, upgradation and functioning of such systems. On the contrary, issues faced while integrating existing systems with new technologies, and high cost and false alarm rate are some of the factors that hinder the growth of perimeter intrusion detection system industry.

Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/perimeter-intrusion-detection-system-market/report-sample

With high defense budget and need for providing security against terrorism and infiltration, the governments worldwide are impelled to adopt technologies such as perimeter intrusion detection system. Increased concern for security from residential and commercial sectors, and need for fast detection of unwarranted activities is forcing organizations to opt for these solutions. In addition, the ability of these systems to reduce the manpower expenditure is also a hey growth driving factor for the perimeter intrusion detection system market.

The major companies operating in this industry include Honeywell International Inc, Flir Systems Inc., Tyco International PLC, Anixter International Inc., Axis Communications AB, Cisco, Glaxo SmithKline PLC, Senstar Corporation and Southwest Microwave Inc.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.