Perimeter Intrusion Detection Systems Market Size

  • Report ID: 3660
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Perimeter Intrusion Detection Systems Market Size

Perimeter Intrusion Detection Systems Market size was valued at USD 15.56 billion in 2024 and is likely to cross USD 88.43 billion by 2037, expanding at more than 14.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of perimeter intrusion detection systems is estimated at USD 17.45 billion.
 

The growth of the perimeter intrusion detection systems market can be attributed to the growing smart city initiatives globally, followed by the growing concern for robbery and thefts worldwide, which in turn, is driving the need for perimeter intrusion detection systems. According to the statistics by the Federal Bureau of Investigation (FBI) of the United States, around 267988 robberies were recorded in the country in the year 2019. On the other hand, according to the statistics by the Eurostat, in the year 2019, 1567500 burglaries and 4801400 thefts in the European Union were recorded.

Besides this, the growing installations of video surveillance systems worldwide, which includes sonar, radar, automatic identification systems, and GPS among others, followed by the rising advancements in cloud and wireless technology in security systems are some of the additional factors anticipated to drive the market growth. Moreover, growing use of artificial intelligence, machine learning, and internet of things (IoT) technologies in perimeter intrusion detection systems, along with the numerous initiatives taken by the government of developed and developing countries globally to keep their citizens safe, are some of the key opportunities projected to contribute to the perimeter intrusion detection systems market growth in the coming years. 


Perimeter Intrusion Detection Systems Market Graph
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Author Credits:  Abhishek Verma


  • Report ID: 3660
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of perimeter intrusion detection systems is estimated at USD 17.45 billion.

Perimeter Intrusion Detection Systems Market size was valued at USD 15.56 billion in 2024 and is likely to cross USD 88.43 billion by 2037, expanding at more than 14.3% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to account for largest revenue share of 41% by 2037, due to growing focus of the government of the nations in the region, especially China, in increasing the perimeter security of different areas.

The major players in the market are Bosch Security Systems, LLC, Johnson Controls, Inc., Honeywell International Inc., Axis Communications AB, RBtec Perimeter Security Systems, Southwest Microwave, Inc., and others.
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