New Information Report titled " Perimeter Security Market Report 2021" provides in-depth review of the Expansion Drivers, Potential Challenges, Distinctive Trends, and Opportunities
Dallas, United States - June 23, 2021 /MarketersMedia/ —
Perimeter security refers to systems and technologies which protect assets, people and businesses which are located within a ground by providing the blockage of unofficial access. Additionally, the system is able to offer full-fledged protection of crucial assets in private, commercial and other locations. So basically, perimeter security system assists different sites to control risk coupled with physical and intellectual properties. The technology is conventionally used to prevent and detect intrusions in areas like military facilities, critical infrastructure and high-risk areas. However, the technology has started being used even in areas like several urban and remote locations, retail spaces, transportation sites and commercial and residential sites. The global perimeter security industry has recorded an escalation in the rate of growth in the overall performance over the recent times.
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Some of the key players of the perimeter security market includes Southwest Microwave, United Technologies Corporation, Anixter, Tyco Systems, United Technologies, Fiber SenSys, Senstar, RBtec Perimeter Security Systems, CIAS, Axis Communications, Honeywell and many others.
The continuous growth in urbanization among the developing economies has been one of the crucial parameter responsible for the upsurge in the industry growth. Several governments across the globe are taking initiatives and imposing stringent regulations for the deployment of this technology across their region. This is attributed by the enormous growth in the number of terrorist threats and increasing issues of neighboring illegal immigration. The governments are highly emphasizing and implementing regulations to protect vital infrastructural sites like defense, nuclear power and oil and gas sites. The factor has been contributing in pushing the growth of the perimeter security industry ahead. However, the industry growth is probable of being affected by factors like high initial investments and maintenance, lack of technical expertise and deficiency of the knowledge regarding the benefits of this technology.
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The demand for perimeter security systems is growing day by day. The growth in demand for consulting and integration services is likely to provide lucrative growth opportunities to prominent market entities. Another important aspect propelling the industry growth is the emerging need among end-customers for maintenance and support solutions. The continuous technological development in the perimeter security sector has resulted in to rise in the adoption of high-tech solutions or technologies in the systems. These may include aerial drones Adoption with of latest trends like aerial drones, motion sensors, wireless technology, IP-based video cameras for surveillance of remote area, etc. This technological evolution in the market has been boosting the demand for these systems across the globe. Furthermore, the emergences of technologies like big data analytics, computer vision, ALPR, facial recognition and AI are likely to offer several growth opportunities to market players in coming years.
Based on Component:
Based on System:
• PERIMETER INTRUSION DETECTION SYSTEMS
• VIDEO SURVEILLANCE SYSTEMS
• ACCESS CONTROL SYSTEMS
• ALARMS AND NOTIFICATION SYSTEMS
• OTHER SYSTEMS
Based on Service:
• Professional Services
• Managed Services
Based on Industry Vertical:
• Military and Defense
• Residential, Educational and Religious Buildings
Regional Overview, 2018-2028 (USD Billion)
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia-Pacific
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
• South America
o Rest of South America
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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