Global Perimeter Security Market Expected to Experience Large Growth

Global Perimeter Security Market Expected to Experience Large Growth

According to research done by Grand View Research, the global perimeter security market is projected to reach USD 29.6 billion by 2025.

The global perimeter security market is expected to grow rapidly within the next few years, according to a report done by Grand View Research. The market is projected to reach USD 29.6 billion by 2025, a 67.23% increase from the USD 17.7 billion it was valued at in 2018.

The report says that the increase in demand for perimeter security-related products correlates heavily with the rising rate of theft, burglary and terrorism. Some of the security solutions involved in the growing sector are electronic fencing with sensors and infrared and integrated fiber-optic intrusion detection systems.

The video surveillance system segment held the largest market share in 2018 and was valued at USD 6.2 billion. It is expected that this will continue to be the fastest growing segment of the market. In addition, government sites and offices are expected to experience a large amount of growth within the next few years, as safeguarding facilities is becoming more necessary.

North America is projected to hold the largest share of the market. In 2018, North America acquired a revenue of USD 5.6 billion from the perimeter security market.

Asia Pacific’s perimeter security market is expected to grow at the highest CAGR. One of the main factors driving this growth is the demand for perimeter security solutions in growing economies, for example, India, China, Australia, and Japan.

According to the report, the key players in the market include: Ameristar Perimeter Security; Anixter International Inc.; Axis Communications AB; Barrier1 Systems, Inc.; Honeywell International, Inc.; Tyco International Ltd.; Puretech Systems; Senstar Corporation; Delta Scientific Corporation; RBtec Perimeter Security Systems; and Cias Elettronica Srl.

About the Author

Kaitlyn DeHaven is the Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Data Driven, Proactive Response

    As cities face rising demands for smarter policing and faster emergency response, Real Time Crime Centers (RTCCs) are emerging as essential hubs for data-driven public safety. In this interview, two experts with deep field experience — Ross Bourgeois of New Orleans and Dean Cunningham of Axis Communications — draw on decades of operational, leadership and technology expertise to share how RTCCs are transforming public safety through innovation, interagency collaboration and a relentless focus on community impact. Read Now

  • Integration Imagination: The Future of Connected Operations

    Security teams that collaborate cross-functionally and apply imagination and creativity to envision and design their ideal integrated ecosystem will have the biggest upside to corporate security and operational benefits. Read Now

  • Smarter Access Starts with Flexibility

    Today’s workplaces are undergoing a rapid evolution, driven by hybrid work models, emerging smart technologies, and flexible work schedules. To keep pace with growing workplace demands, buildings are becoming more dynamic – capable of adapting to how people move, work, and interact in real-time. Read Now

  • Trends Keeping an Eye on Business Decisions

    Today, AI continues to transform the way data is used to make important business decisions. AI and the cloud together are redefining how video surveillance systems are being used to simulate human intelligence by combining data analysis, prediction, and process automation with minimal human intervention. Many organizations are upgrading their surveillance systems to reap the benefits of technologies like AI and cloud applications. Read Now

  • Right-Wing Activist Charlie Kirk Dies After Utah Valley University Shooting

    Charlie Kirk, a popular conservative activist and founder of Turning Point USA, died Wednesday after being shot during an on-campus event at Utah Valley University in Orem, Utah Read Now

New Products

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.