DUBLIN, Nov. 24, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/8hxcgb/global_perimeter) has announced the addition of the "Global Perimeter Intrusion Prevention Systems Market 2015-2019" report to their offering.
The global perimeter intrusion prevention systems market to grow at a CAGR of 8.54% over the period 2014-2019.
The market is highly fragmented with the presence of various vendors. A detailed product and feature comparison for the key leading vendors is provided in the report. In addition, we discuss the major drivers that influence growth, the challenges faced by vendors and the market at large, and the key trends emerging in the market.
According to the report, terrorism has forced governments of countries such as the US and Brazil to increase the budget for defense and perimeter security deployments. Also, governments worldwide are focused on the safety of critical infrastructures such as oil and gas plants. Perimeter intrusion prevention systems would also help secure trade and travel across the borders and enhance security. Energy power plants also implement perimeter intrusion prevention systems for protection from security breaches
Further, the report states that the existence of alternatives is a significant challenge to traditional perimeter intrusion prevention solutions. Some of the alternatives include collapsible sidewalks, which collapse with vehicle weight. This is used in stadiums, hospitals, and the premises of government organizations. Rotating bollards is another alternative that allows only authorized traffic of people or vehicles to pass through. Concealed nets can control and capture speeding vehicles that intend to breach security.
To calculate the market size, we considered revenue generated from the sale of the following hardware and software products:
- Access control systems (includes devices such as electronic locks, biometric readers, and card readers for authorized individuals to gain access to premises)
- Alarms and notification systems (includes devices such as intrusion alarms that are required to notify security personnel in case an intrusion is detected)
- Surveillance systems (includes hardware devices such as cameras, storage management systems, encoders and decoders, recorders, and video management software that are required for capturing an individual's footage and recording it for future usage)
- Axis Communications
- Bosch Security Systems
- Honeywell Security
For more information visit http://www.researchandmarkets.com/research/8hxcgb/global_perimeter
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SOURCE Research and Markets