The Perimeter Intrusion Detection Market is expected to reach a value of US$ 339.3 billion by 2028, growing at a 14.3% CAGR from 2022 to 2028. When it comes to building a security plan, perimeter intrusion detection systems are becoming the focal point for various industrial sectors. To improve their internal and external security, industry verticals all around the world are implementing modern security and surveillance systems. Furthermore, governments around the world are beefing up border security to protect themselves from terrorist assaults. These are some of the major aspects driving the global perimeter intrusion detection market forward.
Application in the Commercial Sector to Open Doors
Future Market Insights has divided the worldwide perimeter intrusion detection market by component, type, vertical, and geography in its study on the global perimeter intrusion detection market. Solution and services are sub-segments of the component segment. The solution sub-segment is predicted to generate potential growth prospects for perimeter intrusion detection solution providers due to the increased adoption of next-generation and cloud-based solutions.
Perimeter Intrusion Detection Market Competition Analysis
Honeywell International Inc., Johnson Controls Inc., Anixter, Schneider Electric SE, Axis Communications, Flir Systems, Rbtec Perimeter Security Systems, and Singapore Technologies Engineering Ltd. are some of the prominent competitors in the worldwide perimeter intrusion detection market research study. These perimeter intrusion detection companies are constantly focusing on offering advanced products and pursuing a strategy of forming partnerships and collaborations with other perimeter intrusion detection system companies to offer advanced perimeter intrusion detection systems and expand into new growth markets in the coming years.