Electronic Perimeter Security Poised For Strong Growth, According To Report

  • May 17, 2010

A new report from IMS Research entitled the world market for electronic perimeter security equipment, predicts strong growth over the next five years for perimeter security equipment. Although the global economic climate slowed growth for perimeter security in 2009, a quick recovery is expected thanks to an influx of new government funding and mandates.

The global market was estimated to be worth $371.2 million in 2009 and is forecast to grow at a CAGR of 9.0 percent to $570.4 million in 2014.

“Government involvement in perimeter security is widespread; however, proper oversight is still lacking. Although the Chemical Facility Anti-Terrorism Standards (CFATS) is funded, over 6,000 sites will need to be monitored,” said report author and market analyst Blake Kozak.

“Similarly, the ‘virtual fence’ project, which is apart of the Secure Border Initiative (SBInet), is set to receive less budget in 2011 compared to previous years, with the lack of proper oversight being noted as one of the reasons.

“While the lack of oversight is problematic, it is only a small hurdle that needs to be overcome. The perimeter industry is unique in that no individual site/environment are the same. As a result, in most instances each application is using a mixture of perimeter technologies that best suit the environment within which they are placed. In airports for example, the ‘apron’ will likely be the target of individuals who gain unauthorized access through a perimeter fence; thus, this area requires additional protection from ground-based radar or from security cameras with video content analysis (VCA) software”.

The perimeter security industry is predominately project based, which places enormous strain on national governments to create guidelines and mandates for all vertical sectors. As a result, the market has seen a raft of guidelines for risk-based assessments created for individual sectors at the local level.  Perimeter security will continue to see strong growth due to the level of funding it receives; however, double-digit growth would likely occur if the guidelines were to become stricter and more enforceable.

 

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

  • 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.

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”