Perimeter Security Market is expected to double its market size by 2022

A new research document with title 'Perimeter Security - Global Market Outlook (2017-2023)’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, Rest of the World and important players/vendors such as Senstar Corporation, Puretech Systems, Inc., Cias Elettronica etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2023.

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According to The Global Perimeter Security market is expected to grow from $95.26 billion in 2016 to reach $224.89 billion by 2023 with a CAGR of 13.0%. Factors such as rising number of perimeter intrusions, increasing urban infrastructure across the globe, strict government rules and rising technological advancement in perimeter security are fueling the market growth. However, high investment cost & maintenance requirements, lack of technical expertise and awareness are restricting the market. In addition, development of next-generation integrated systems provides ample of opportunities for the market growth.

YEAR MARKET SIZE(USD Billion)
2016 95.26
2017 107.6438
2018 121.637494
2019 137.4503682
2020 155.3189161
2021 175.5103752
2022 198.326724
2023 224.891241

Perimeter security as systems and technologies protect people and assets within a facility and its grounds by blocking unauthorised physical intrusions across the perimeter. Perimeter security systems use covert technology to create an unseen wall of protection around property, ready to alert to the presence of an intruder at the very earliest opportunity. In the future, perimeter security could become part of a connected technology system, which is able to profile specific locations, and match the skills and competencies of manpower required for each area.

Residential, Educational, and Religious Buildings segment is anticipated to register highest CAGR attributed to the rate of theft and robbery is rising globally, security is becoming a main concern for individuals and residential complexes, such as private residential buildings. Such concerns are increasing the command for security solutions, which include biometrics-based electronic locks and sensor-based intruder alarm systems. Thus, the growing need for safety and security of people, and the personal belongings is driving the growth of this market.

North America registered the largest market share during the forecast period owing to the growing security need due to rising terrorist actions and criminal activities. Furthermore, strict government rules for safety and security and technological improvements are expected to fuel the growth of the market in this region.

Some of the key players in global Perimeter Security market include Anixter International, Axis Communications AB, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Senstar Corporation, Puretech Systems, Inc., Cias Elettronica, Fiber Sensys, Inc., Johnson Controls International PLC, Rbtec Perimeter Security Systems, Southwest Microwave, Inc., United Technologies Corporation, Dahua Technology Co., Ltd., Bosch Security Systems and Advanced perimeter systems ltd.

Components Covered:
• Systems
o Video Surveillance Systems
o Access Control Systems
o Alarms and Notification Systems
o Perimeter Intrusion Detection Systems
o Other Systems
• Services
o Managed Services
o Professional Services

End Users Covered:
• Infrastructure
• Military and Defense
• Commercial and Services
• Residential, Educational, and Religious Buildings
• Hospitality
• Transportation
• Industrial
• Government
• BFSI
• Manufacturing

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

....Continued

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