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Bright future predicted for global perimeter intrusion detection systems industry

Bright future predicted for global perimeter intrusion detection systems industry

Perimeter intrusion detection systems market is growing at a compound annual growth rate (CAGR) of 7.1% and size is estimated to grow from $4.12 billion in 2016 to $5.82billion by 2021.

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The target audiences of the Perimeter Intrusion Detection Systems Market report include:

  1. Government Organizations and Agencies
  2. Software Application Vendors
  3. Hardware Vendors
  4. Investors and Venture Capitalists
  5. Network and System Integrators
  6. Security Systems Suppliers
  7. Consulting Companies
  8. End-use Industries

The perimeter intrusion detection systems market comprises vendors, such as Honeywell International Inc. (U.S.), FLIR Systems, Inc. (U.S.), Tyco International PLC (U.S.), Anixter International Inc.

(U.S.), Axis Communications AB (Sweden), Schneider Electric (France), Senstar Corporation (Canada), Southwest Microwave (U.S.), RBtec Perimeter Security Systems (U.S.), and Advanced Perimeter Systems Limited (U.K.); software providers; service providers; IT consulting service providers; and system integrators.

Latin America includes countries such as Brazil, Argentina, Colombia, Cuba, and others, which are rapidly deploying perimeter intrusion detection systems solutions.

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The countries in this region are also continuously upgrading their technologies to effectively counter perimeter intrusion threats.

The North American region is expected to be the largest revenue-generating region for perimeter intrusion detection systems solutions providers in 2016. This is due to the high focus on innovation and technology adoption, especially in the developed economies of North America.

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Perimeter Intrusion Detection Systems Market, By Solution

  1. Introduction
  2. Sensors
  3. Microwave Sensors
  4. Infrared Sensors
  5. Fiber-Optic Sensors
  6. Radar Sensors
  7. Other Sensors
  8. Services
  9. System Integration & Consulting
  10. Managed Services
  11. Maintenance & Support
  12. Risk Assessment & Analysis

In-depth interviews were conducted with the CEOs, marketing directors, other innovation & technology directors, and executives from various key organizations operating in the perimeter intrusion detection systems marketplace.

  1. By company type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
  2. By designation: C-Level: 35%, Director Level: 25%, and Others: 40%
  3. By region: North America: 39%, Europe: 31%, APAC: 17%,and RoW: 13%

The services sub segment of solution segment is estimated to grow at the highest CAGR during the forecast period. The services sub-segment has been further divided categorized into system integration & consulting, managed services, maintenance& support, and risk assessment & analysis.

The organizations are rapidly deploying perimeter intrusion detection systems across the world due to the increasing risks of terrorism and infiltration.

Thus, the services sub-segment has evolved to ensure efficient deployment, integration, upgrade, and functioning of perimeter intrusion detection systems. These services also help set up perimeter intrusion detection systems to address clients’ specific security requirements, assessing the effectiveness of the current security program in a way feasible for them.

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