Perimeter Security Market is to Reach USD 186330 Million by 2028 with a CAGR of 6.9% | Valuates Reports

USA - English

• India - English

BANGALORE, India, May 31, 2022 /PRNewswire/ -- The Perimeter Security market is segmented by type (Perimeter Intrusion Detection Systems, Video Surveillance Systems, Access Control Systems, Alarms and Notifications Systems, Others), By Application (Commercial and Services, Industrial, Infrastructure, Government, Military and Defense, Resident, Educational, and Religious Buildings): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Industrial Materials & Equipment Category.

The Perimeter Security Market size is estimated to be worth USD 124860 million in 2022 and is forecast to a readjusted size of USD 186330 million by 2028 with a CAGR of 6.9% during 2022 - 2028.

Major factors driving the growth of the Perimeter Security Market

The expansion of the perimeter security market will be driven by a rise in perimeter invasions, theft incidents, burglary, cross-border terrorism, illegal immigration, and other intrusions.

The perimeter security market is being driven by an increase in the development of smart cities and infrastructure. The government's support for implementing various security systems at vital locations is growing, which will accelerate the implementation of perimeter security.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-19L10251/Global_Perimeter_Security

TRENDS INFLUENCING THE GROWTH OF THE PERIMETER SECURITY MARKET

The expansion of the Perimeter Security Market is predicted to be fueled by rising demand for video surveillance systems in industrial, infrastructure, residential, educational, and religious buildings. Installing video surveillance systems in the workplace can improve employee accountability while also increasing security and deterring theft. Every business owner wants their employees to work in a secure, pleasant, and productive environment. Installing surveillance cameras in the office is one technique to help with this. Surveillance cameras, when used appropriately, can curb theft and other negative events while also holding employees accountable for their work and conduct. Furthermore, modern AI-based video surveillance systems allow the user to search through all of the footage for a certain activity or object considerably faster than a human operator. When AI is used in forensic investigation, the amount of time it takes to extract useful data to examine issues is substantially reduced.

Increasing incidents of fire and other hazardous situations are expected to fuel the growth of the Perimeter Security Market. Alarms and Notifications Systems are designed to alert building residents to leave in the case of a fire or other emergency and to report the occurrence to an off-premises location so that emergency services can be summoned.

Modern military and government installations necessitate a high level of protection. This factor is expected to drive the growth of the perimeter security market. When it comes to the military, perimeter intrusion detection systems are used to protect international borders, military bases, prisons, and other sensitive places where intruders are a continual threat. Perimeter Intrusion Detection Systems (PIDS) detect intrusion attempts such as approaching, climbing, cutting, digging, or breaking through the perimeter barrier to provide early warning. Local and remote audio-visual alarms are used by the PIDS system to raise an alert. The use of detection sensors improves the capacity to detect intruders and thwart an attack. At the very least, a single layer of PIDS technology should be installed to detect intruders at the perimeter. To safeguard a facility with higher security needs, a dual-layer solution is frequently required (i.e. potential theft or damage to higher-value assets). The perimeter layer can be reinforced by layering complementing technologies such as fence sensors and video analytics.

The Perimeter Security Market is predicted to develop due to rising demand for access control systems in commercial, industrial infrastructure, government military, and defense resident, and educational applications. Workstations, file rooms containing sensitive data, printers, and entry doors can all be restricted with access control systems. Exterior door access is normally controlled by a landlord or management agency in bigger buildings, whereas internal office door access is controlled by the tenant company. Biometric authentication is used in the most secure access control systems. Biometrics refers to the use of biometrics, such as fingerprints, hand geometry, vein pattern recognition, voiceprint recognition, and iris recognition, to verify a person's identification.

Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/market-reports/QYRE-Auto-19L10251/global-perimeter-security

PERIMETER SECURITY MARKET SHARE ANALYSIS

Between 2018 and 2023, the residential, educational, and religious buildings sector is predicted to increase at the fastest rate. Security is becoming a key worry for individuals and residential complexes, such as private residential buildings, as the prevalence of theft and burglary rises around the world. As a result, the growing need for personal safety and security in the residential sector is propelling the growth of this market.

In 2020, North America had the greatest market share. North America is credited with being the first to implement perimeter security systems for public safety. Furthermore, there has been a substantial success in adopting new technologies for perimeter security, particularly transmission to IP-based video monitoring.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-19L10251/Global_Perimeter_Security

Key Players

• Honeywell
• Axis Communications
• Dahua Technology
• Bosch Security
• United Technologies
• Southwest Microwave
• Johnson Controls
• Rbtec Perimeter Security Systems
• Fiber Sensys
• Cias Elettronica
• Senstar Corporation
• Puretech Systems
• Hangzhou Hikvision Digital Technology

Inquire for Chaptercost: https://reports.valuates.com/request/chaptercost/QYRE-Auto-19L10251/Global_Perimeter_Security

Buy Now for Single User + Covid-19 Impact :  https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-19L10251&lic=single-user

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS:

-  The global Lawful Interception market size was valued at USD 2.69 Billion in 2020, and is projected to reach USD 22.64 Billion by 2030, growing at a CAGR of 23.7% from 2021 to 2030.

-  The global Authentication Services market size is projected to reach USD 1926 million by 2028, from USD 633.6 million in 2021, at a CAGR of 17.1% during 2022-2028.

-  The global Network Security Market size was valued at USD 18,480 million in 2019, and is projected to reach USD 63,398 million by 2027, registering a CAGR of 16.7% from 2020 to 2027.

-  The global Video Surveillance market size was valued at USD 42.94 Billion in 2019, and is projected to reach USD 144.85 Billion by 2027, registering a CAGR of 14.6% from 2020 to 2027.

-  The global SOC as a Service market size is projected to reach USD 772.9 million by 2027, from USD 296.3 million in 2020, at a CAGR of 14.2% during 2021-2027.

-  The global Security as a Service market size is projected to reach USD 16920 million by 2028, from USD 6758.8 million in 2021, at a CAGR of 13.5% during 2022-2028.

-  The global Biometrics market size is projected to reach USD 39030 million by 2028, from USD 15900 million in 2021, at a CAGR of 13.2% during 2022-2028.

-  The global Hardware Security Modules (HSM) market size is projected to reach USD 2208.3 million by 2028, from USD 1089 million in 2021, at a CAGR of 10.5% during 2022-2028.

-  The global Home Security Solutions market size is projected to reach USD 92340 million by 2028, from USD 53800 million in 2021, at a CAGR of 7.9% during 2022-2028.

-  The global Military Drone market size is estimated to be worth USD 11770 million in 2022 and is forecast to be a readjusted size of USD 17270 million by 2028 with a CAGR of 6.6% during the review period.

-  The global Physical Security market size is projected to reach USD 102470 Million by 2028, from USD 74850 Million in 2021, at a CAGR of 4.1% during 2022-2028.

-  The Alarm Monitoring market was valued at USD 42890 Dillion in 2021, and it is anticipated to reach USD 56620 Million by 2028, registering a CAGR of about 4.0% during the forecast period (2022–2028).

-  The global Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance(C4ISR) market size is projected to reach USD 104550 million by 2028, from USD 87810 million in 2021, at a CAGR of 2.5% during 2022-2028.

-  The global Coastal Surveillance market size is estimated to be worth USD 720 million in 2022 and is forecast to be a readjusted size of USD 830.1 million by 2028 with a CAGR of 2.4% during the review period.

-  Global Defense Cyber Security Market Insights, Forecast to 2028

-  Global Cyber Security for Space and Defense Market Insights, Forecast to 2028

-  Global Cloud Hardware Security Module Market Insights and Forecast to 2028

Click here to see related reports on Perimeter Security Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:
Valuates Reports
[email protected] 
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports

SOURCE Valuates Reports