Perimeter Intrusion Detection Systems Market Seeking New Highs- Current trends and growth drivers

Various factor such as increased territorialconflicts and infiltration activities, rise in the adoption of security measures for common people and government's data, reduced cost in the manpower are some of the key driving factors for this market. In addition to this, rise in the demand for video surveillance for security, rise in the demand for the remote access are also some of the factors which contribute in the growth of the market. However, high rate of false alarms, complex integration from current system with advanced technologies may hinder the growth of the market. Multiple government initiatives and growing technology enhancement with AI are expected to boost lucent opportunities for the market.

Governments are taking multiple initiatives for the growth and implementation of perimeter intrusion detection systems. Governmentsare aiming to upgrade the current security over different places. Recently various governments planned to change security at residences of various ministers with new perimeter intrusion detection system, which involves latest sensors to detect any intrusion attempt within the area of 2.8 Km.Thus governments are looking to roll out multiple initiates toward perimeter intrusion detection system raising lucent opportunities for the market.

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Impact of COVID-19 on Perimeter Intrusion Detection Systems Market:

► The emergence of COVID-19 pandemic has severely affected almost all industries across the globe. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted supply chain of electronic components & networking equipment. This, has led to delay in supply of electronic components required in manufacturing of the network equipment.

► Companies have continued to expand cloud services and application development service during the pandemic. Before the pandemic took hold, various organizations were providing manual release of applications to customers.

► New learnings among companies with respect to work-from-home (WFH) and data accessibility during the lockdown period has resulted in increasing enquiries for space and services at data centers and this trend is expected to create opportunities in for the market during the forecast period.

► There is an increase in use of automation and even after situation returns to 'normal', the work style will continue to be data center-driven, with demand growth for higher penetration of e-commerce, digital payments, and widespread deployment of Big Data, apart from policy level push for automation.

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Enhanced technological developments in video surveillance isthe key driving force for this market. The video surveillance system is made up of huge number of sensors such as sonar,radar, automatic identification system andGPS. These sensors are configured with a certain algorithm in order to provide map coordinates andalarms to the video surveillance system offering the highest value of all weather area surveillance systems. In addition to this, it also provides advanced video analytics and video motion detection.

Key benefits of the report:

► This study presents the analytical depiction of the global perimeter intrusion detection system marketalong with the current trends and future estimations to determine the imminent investment pockets.
► The report presents information related to key drivers, restraints, and opportunities along with detailed analysis ofglobal perimeter intrusion detection system market share.
► The current market is quantitatively analyzed to highlight the global perimeter intrusion detection system marketgrowth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
► The report provides detailedperimeter intrusion detection system market analysis based on competitive intensity and how the competition will take shape in coming years.

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A perimeter intrusion device security basically works as a part of entire security system, which is basically found in high-security environments such as, airports, correctional facilities, nuclear plants, and military bases. It is made of different kinds of technologies such as Radar Video Surveillance (RVS) or electromagnetic or Fiber optic-based solutions, microwave and infrared beams and advanced video analytics and video motion detection.

Key Market Players:

► FLIR Systems

► Southwest Microwave

► Senstar Corporation

► Schneider Electric

► Advanced Perimeter Systems

► Anixter

► Honeywell

► RBtec Perimeter Security Systems

► Johnson Controls

► Axis Communications

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