Home Press Releases Perimeter Security Market Size Worth $124.7 Billion By 2030 | CAGR: 9.3%

Perimeter Security Market Size Worth $124.7 Billion By 2030 | CAGR: 9.3%

The global perimeter security market size is expected to reach USD 124.7 billion by 2030, according to a new study by Polaris Market Research. The report “Perimeter Security Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Service; By End-use; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The main cause of the rising market size is in order to prevent and detect breaches. Peripheral security systems are being employed more and more in high-risk vertical domains like military installations, critical infrastructure, and others. The global need for sophisticated security systems has significantly increased as a result of rising incidences of terrorism, theft, sabotage, and illegal immigration. Despite improvements in Pakistan, India, and Afghanistan, South Asia is still the region most impacted by terrorism in 2021.

 

Technology-based perimeter security is a type of security that works to prevent unauthorized access to a facility’s perimeter or site. Advanced perimeter security technology, on the other hand, integrates extra defenses that offer increased protection and security against intrusion. Based on its component breakdown, the perimeter system is separated into system and service. Firewalls and browser isolation techniques are included in the security solution.

 

In addition, perimeter security is concerned with creating a perimeter-based strategy for protecting systems and preventing threats from entering a network. Users should consider the materials and finishes, as well as whether or not car barriers are environmentally friendly and minimal maintenance. Some perimeter security products, like security planters, are built with aesthetics in mind because the design is so crucial.

 

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The COVID-19 pandemic has greatly increased reliance on homeland security and law enforcement organizations. Emergency services, critical infrastructure security, and other industries are using perimeter security solutions to offer customers the services they require. Due to the pandemic, there is now much greater reliance on homeland security and law enforcement agencies, critical infrastructure security, emergency services, and other organizations that use perimeter security solutions to provide clients with crucial services. Although many people opt to work from home, perimeter security is obviously crucial for infrastructure, airports, data centers, and other high-end applications. Many regional governments are currently working harder to improve the infrastructure for defense and security.

 

Perimeter Security Market Report Highlights

  • The system integration industry led the market in 2021, accounting for the largest revenue share which is due to increasing vendors of security systems putting more of an emphasis on system integration and consulting services.
  • North America emerged as the largest regional market in 2021 due to the existence of technology centers and ongoing industrial R&D in the United States.
  • The global players include Axis Communications AB, Optex, Inc., Honeywell International, Inc., Tyco International Ltd., RBtec Perimeter Security Systems, Puretech Systems, Senstar Corp., Barrier1 Systems, Inc., Delta Scientific Corp., Cias Elettronica Srl.

 

Polaris Market Research has segmented the Perimeter Security Market report based on services and region:

 

Perimeter Security, Services Outlook (Revenue – USD Billion, 2018 – 2030)

  • System Integration
  • Risk Assessment & Analysis

Perimeter Security, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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  • Industry outlook
  • Competitive landscape
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