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.

  • By Kaitlyn DeHaven
  • Jun 13, 2019

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

  • New Report Reveals Top Trends Transforming Access Controller Technology

    Mercury Security, a provider in access control hardware and open platform solutions, has published its Trends in Access Controllers Report, based on a survey of over 450 security professionals across North America and Europe. The findings highlight the controller’s vital role in a physical access control system (PACS), where the device not only enforces access policies but also connects with readers to verify user credentials—ranging from ID badges to biometrics and mobile identities. With 72% of respondents identifying the controller as a critical or important factor in PACS design, the report underscores how the choice of controller platform has become a strategic decision for today’s security leaders. Read Now

  • Overwhelming Majority of CISOs Anticipate Surge in Cyber Attacks Over the Next Three Years

    An overwhelming 98% of chief information security officers (CISOs) expect a surge in cyber attacks over the next three years as organizations face an increasingly complex and artificial intelligence (AI)-driven digital threat landscape. This is according to new research conducted among 300 CISOs, chief information officers (CIOs), and senior IT professionals by CSC1, the leading provider of enterprise-class domain and domain name system (DNS) security. Read Now

  • ASIS International Introduces New ANSI-Approved Investigations Standard

    • Guard Services

  • Cloud Security Alliance Brings AI-Assisted Auditing to Cloud Computing

    The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today introduced an innovative addition to its suite of Security, Trust, Assurance and Risk (STAR) Registry assessments with the launch of Valid-AI-ted, an AI-powered, automated validation system. The new tool provides an automated quality check of assurance information of STAR Level 1 self-assessments using state-of-the-art LLM technology. Read Now

  • Report: Nearly 1 in 5 Healthcare Leaders Say Cyberattacks Have Impacted Patient Care

    Omega Systems, a provider of managed IT and security services, today released new research that reveals the growing impact of cybersecurity challenges on leading healthcare organizations and patient safety. According to the 2025 Healthcare IT Landscape Report, 19% of healthcare leaders say a cyberattack has already disrupted patient care, and more than half (52%) believe a fatal cyber-related incident is inevitable within the next five years. Read Now

Most   Popular

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities