Perimeter Intrusion Detection and Prevention Global Market Report 2024 by The Business Research Company | Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., Johnson Controls International plc, Hangzhou Hikvision Digital Technology Co. Ltd.,

The perimeter intrusion detection and prevention market size has grown rapidly in recent years. It will grow from $10.81 billion in 2023 to $11.88 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to economic inequality, societal marginalization, insufficient law enforcement, lack of access to education and employment opportunities, and rise in incidents of theft and vandalism.

The perimeter intrusion detection and prevention market size is expected to see rapid growth in the next few years. It will grow to $17.56 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to advancements in sensor technologies, increased adoption of cloud-based solutions, rising concerns over cybersecurity threats, expansion of critical infrastructure projects, and growing demand for integrated security solutions in smart cities. Major trends in the forecast period include the adoption of AI and machine learning, growing integration with IoT devices, rising demand for cloud-based solutions, the emergence of 5G technology, and a shift towards proactive security measures.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=15438&type=smp

Perimeter Intrusion Detection and Prevention Market Major Segments
The perimeter intrusion detection and prevention market covered in this report is segmented -

1) By Type: Hardware, Software, Services
2) By Deployment: On-Premise, Cloud-Based
3) By Application: Aerospace, Government, Transportation, Industrial, Commercial, Military And Defense
4) By End User: Small And Medium Enterprises (SMEs), Large Enterprises

Key Driver - Rising Criminal Activity Drives Growth Of The Perimeter Intrusion Detection Market

The surge in criminal activities is expected to propel the growth of the perimeter intrusion detection and prevention market going forward. Criminal activities refer to actions or behaviors that contravene established laws, regulations, or societal standards, covering a broad spectrum of illegal behaviors such as theft, fraud, and various other offenses. Increasing criminal activities are attributed to several factors, such as economic inequality, lack of access to education and employment opportunities, social marginalization, and inadequate law enforcement. Perimeter intrusion detection and prevention systems help in mitigating criminal activities by identifying unauthorized access attempts, thus bolstering security and facilitating swift intervention to deter theft, vandalism, or other unlawful behavior. For instance, in October 2023, according to the Office for National Statistics, a UK-based non-ministerial department, police recorded robberies in the UK rose by 11%, reaching 77,337 incidents, compared to the period ending June 2022, which had 69,432 incidents. Therefore, the surge in criminal activities is driving the growth of the perimeter intrusion detection and prevention market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=15438&type=smp

Prominent Trend - Innovations In Perimeter Intrusion Detection Through Fiber Optic Sensing Technology

Major companies operating in the perimeter intrusion detection and prevention market are developing innovative solutions, such as fiber optic sensing technology, aiming to enhance their competitive advantage in the industry. Fiber optic sensing technology is an advanced method of sensing that makes use of fiber optic cables to observe and track different physical occurrences. For instance, in April 2022, Bandweaver Technologies, a UK-based electronics company, launched ZoneSentry, a new perimeter intrusion detection system that uses cutting-edge fiber optic sensing technology to secure both property and assets within narrower perimeters of up to 8km efficiently and cost-effectively. This system operates on a zonal basis, employing fiber-optic distributed acoustic sensing (DAS) technology. ZoneSentry detects and alerts to any vibrations indicating incursion events by deploying a single fiber optic sensing line along the external perimeter or on important assets, allowing for fast intervention to avoid any damage or theft.

Perimeter Intrusion Detection and Prevention Market Players
Major companies operating in the perimeter intrusion detection and prevention market are Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., Johnson Controls International plc, Hangzhou Hikvision Digital Technology Co. Ltd., SICK AG, FLIR Systems Inc., Axis Communications AB, Anixter International Inc., Optex Co. Ltd., RISCO Group S.A., Texecom Ltd., Southwest Microwave Inc., Bosch Sicherheitssysteme GmbH, Senstar Technologies Corporation, Frontline Security Solutions Ltd., Zaun Ltd., SightLogix Inc., Future Fibre Technologies Pty Ltd, Fiber SenSys Inc., Detekion Security Systems Inc., Advanced Perimeter Systems Ltd., PureTech Systems Inc., RBtec Perimeter Security Systems Ltd., CIAS Elettronica Srl

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/perimeter-intrusion-detection-and-prevention-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the perimeter intrusion detection and prevention market in 2023. The regions covered in the perimeter intrusion detection and prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Perimeter Intrusion Detection and Prevention Market Report Structure
3. Perimeter Intrusion Detection and Prevention Market Trends And Strategies
4. Perimeter Intrusion Detection and Prevention Market - Macro Economic Scenario
5. Perimeter Intrusion Detection and Prevention Market Size And Growth
…..
27. Perimeter Intrusion Detection and Prevention Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.