The Global perimeter intrusion detection system market is estimated to reach USD 24.1 Billion in 2024 at a CAGR of 15.6 %. Increase in protecting critical infrastructure and growth in government regulations to improve reduction in illegal immigration and terrorism is expected to drive the perimeter intrusion detection system market during the forecast period. However, high rate of false alarms is expected to restrain the market during the forecast period. Increasing usage of cloud and wireless technology in security systems and growth of advanced security systems in the industrial sector is expected to become an opportunity for perimeter intrusion detection system market.
Perimeter intrusion detection system is designed to protect assets within a boundary by detecting intruders attempting to gain access and blocking such access using the control system. It consists of a sensor cable which can be attached to any existing or a new metal security fence to provide effective protection. Some key players in perimeter intrusion detection system are Ricoh, Honeywell International Inc, Johnson Controls., Anixter Inc., RBtec Perimeter Security Systems, and Senstar Corporation. among others.
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Perimeter Intrusion Detection System Market: Trends, Segmentation & Drivers
This market research report offers a comprehensive analysis of key market trends in the global market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of component, the global market is segmented into hardware, software and services. Based on type, the global market can be segmented into barrier-mounted (fence intrusion detection system), ground-based or below-ground, free-standing, rapidly deployable, and others. The segmentation by end user industry includes commercial, industrial, military and defence, government, critical infrastructure and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Rest of the World, with individual country-level analysis
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