What Has Been The Evolution of the Perimeter Intrusion Detection and Prevention Market in Recent Years?
The perimeter intrusion detection and prevention market has seen considerable growth due to a variety of factors.
• The perimeter intrusion detection and prevention market has experienced rapid growth in recent years. It will increase from $11.88 billion in 2024 to $13.13 billion in 2025, with a compound annual growth rate (CAGR) of 10.5%.
This growth can be attributed to factors such as economic inequality, societal marginalization, inadequate law enforcement, limited access to education and employment, and rising incidents of theft and vandalism.
What Is the Forecasted Market Size and Growth Rate for The Perimeter Intrusion Detection and Prevention Market Size In The Coming Years?
The perimeter intrusion detection and prevention market is expected to maintain its strong growth trajectory in upcoming years.
• The perimeter intrusion detection and prevention market is expected to grow rapidly to $19.35 billion by 2029, with a CAGR of 10.2%.
Growth drivers include advancements in sensor technologies, cloud-based solutions adoption, cybersecurity concerns, critical infrastructure expansion, and demand for integrated smart city security. Major trends include AI and machine learning, IoT integration, cloud-based solutions, 5G technology, and proactive security measures.
What Factors Are Driving Growth In The Perimeter Intrusion Detection and Prevention Market?
The escalation of illegal activities is expected to boost the expansion of the perimeter intrusion detection and prevention market. Criminal activities encompass actions or behaviors that violate existing laws, regulations, or societal norms, including a wide range of illegal behaviors such as theft, fraud, and many other crimes. The rise in criminal activities can be attributed to various factors such as economic disparity, limited access to education and employment, social ostracization, and weak law enforcement. Systems for perimeter intrusion detection and prevention assist in curbing these activities by identifying unauthorized access attempts, thereby enhancing security and allowing rapid intervention to prevent theft, vandalism, or other illegal activities. For example, in October 2023, the UK Office for National Statistics reported an 11% increase in recorded police robberies, amounting to 77,337 incidents, as compared to June 2022, which witnessed 69,432 incidents. Hence, the escalation of illegal activities is spurring the growth of the perimeter intrusion detection and prevention market.
What Are The Main Segments Of The Global Perimeter Intrusion Detection and Prevention Market?
The perimeter intrusion detection and prevention market covered in this report is segmented –
1) By Type: Hardware, Software, Services
2) By Deployment: On-Premise, Cloud-Based
3) By Application: Aerospace, Government, Transportation, Industrial, Commercial, Military And Defense
4) By End User: Small And Medium Enterprises (SMEs), Large Enterprises
Subsegments:
1) By Hardware: Intrusion Detection Sensors, Access Control Systems, Surveillance Cameras (CCTV), Fencing And Barriers, Alarm Systems
2) By Software: Intrusion Detection And Prevention Software, Video Management Software (VMS), Access Control Software, Security Management Software
3) By Services: Consulting And System Design, Installation And Integration, Maintenance And Support, Managed Security Services, Training Services
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What Emerging Trends Are Influencing The Growth Of The Perimeter Intrusion Detection and Prevention Market?
Companies at the forefront of the perimeter intrusion detection and prevention market are pioneering novel solutions, such as fiber optic sensing technology, to amplify their edge among the competition. This innovative technology utilizes fiber optic cables to monitor and track varying physical phenomena. As an illustration, Bandweaver Technologies, a leading UK-based electronics firm, introduced ZoneSentry in April 2022. This new perimeter intrusion detection system leverages state-of-the-art fiber optic sensing technology to safeguard properties and assets within confined perimeters up to 8km effectively and economically. The system functions on a zone-specific basis, utilising fiber-optic distributed acoustic sensing (DAS) technology. ZoneSentry identifies and alerts to vibrations signaling intrusion events by implementing a single fiber optic sensing line along the outdoor perimeter or on crucial assets, facilitating swift response to prevent any damage or theft.
Who Are the Key Players In The Perimeter Intrusion Detection and Prevention Market?
Major companies operating in the perimeter intrusion detection and prevention market are:
• Honeywell International Inc.
• Zhejiang Dahua Technology Co. Ltd.
• Johnson Controls International plc
• Hangzhou Hikvision Digital Technology Co. Ltd.
• SICK AG
• FLIR Systems Inc.
• Axis Communications AB
• Anixter International Inc.
• Optex Co. Ltd.
• RISCO Group S.A.
• Texecom Ltd.
• Southwest Microwave Inc.
• Bosch Security Systems GmbH
• Senstar Technologies Corporation
• Frontline Security Solutions Ltd.
• Zaun Ltd.
• SightLogix Inc.
• Future Fiber Technologies Pty Ltd.
• Fiber SenSys Inc.
• Detekion Security Systems Inc.
• Advanced Perimeter Systems Ltd.
• PureTech Systems Inc.
• RBtec Perimeter Security Systems Ltd.
• CIAS Elettronica Srl
What Is The Most Dominant Region In The Perimeter Intrusion Detection and Prevention Market?
North America was the largest region in the perimeter intrusion detection and prevention market in 2023. The regions covered in the perimeter intrusion detection and prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
