Perimeter Security Market Trends, Size, Forecast - 2017-2022

The global perimeter security market size was valued at USD 26,515 million in 2018 and 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 have also played a vital role in the increasing demand for perimeter security solutions. Availability and accuracy offered by these technologically upgraded solutions are widely deployed across industries for the maintenance of critical sites. Increasing investments for infrastructure development have widened the scope for the growth of the perimeter security market. For the period of 2014-2025, around $78 trillion is projected to be spent on infrastructure development at global level. As per American Society of Civil Engineers, the U.S. is required to invest additionally around $3.6 trillion by the year 2020 in order to upgrade country’s infrastructure to acceptable standards. In current scenario, the U.S. spends around 2.6% of the country’s GDP on infrastructure in comparison to 8.5% in case of China and 3.8% for the global average. Factors such as anti-government protests, illegal immigration, increasing criminal activities and constant risk of terrorism have led towards the rising need for advanced perimeter security solutions.

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Economic slowdown has proved to be the key roadblock in the growth of the global market. Declining revenues of major industries, organizations are avoiding incurring additional costs for perimeter security solutions. False alarm rates in perimeter security solutions have also acted as a challenge in the growth of the perimeter security market. Growing usage of video analytics as well as rising need for integrated systems are expected to create growth opportunities for the global perimeter security market.

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Perimeter Security Market segmentation

By end user industries
• Industrial
• Critical infrastructure
• Correctional facilities
• Government
• Military & defense
• Transportation
• Commercial
• Others

By service
• Managed services
• System integration & consulting
• Maintenance and support
• Risk assessment & analytics

By system
• Access control systems
• Video surveillance systems
• Intrusion detection systems
• Alarms & notification systems
• Others

Competitive landscape
• Key strategies
• Key company analysis

Regional analysis

• North america
o United states
o Canada
o Rest of north america

• Europe
o United kingdom
o France
o Germany
o Italy
o Spain
o Rest of europe

• Asia pacific
o India
o China
o Japan
o Rest of asia pacific

• Rest of the world

Company profiles

• Advanced perimeter system limited
o Introduction
o Advanced perimeter system limited product portfolio
o Advanced perimeter system limited recent activities

• Anixter
o Introduction
o Anixter product portfolio
o Anixter recent activities

• Avs electronics
o Introduction
o Avs electronics product portfolio
o Avs electronics recent activities

• Axis communication ab
o Introduction
o Axis communication ab product portfolio
o Axis communication ab recent activities

• Bosch group
o Introduction
o Bosch group product portfolio
o Bosch group recent activities

• Cias
o Introduction
o Cias product portfolio
o Cias recent activities

• Dramex international inc.
o Introduction
o Dramex international inc. Product portfolio
o Dramex international inc. Recent activities

• Fiber senys inc.
o Introduction
o Fiber senys inc. Product portfolio
o Fiber senys inc. Recent activities

• Flir system inc.
o Introduction
o Flir system inc. Product portfolio
o Flir system inc. Recent activities

• Honeywell international inc.
o Introduction
o Honeywell international inc. Product portfolio
o Honeywell international inc. Recent activities

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