Perimeter Intrusion Detection Systems Market Trends

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

Perimeter Intrusion Detection Systems Market Trends

Growth Drivers

  • Increasing Smart City Initiatives
  • Growing Concern for Robberies and Thefts
  • Increasing Installations of Video Surveillance Systems for Security Purposes

Challenges

  • High Installation Costs
  • Complexities in System Integration

Perimeter Intrusion Detection Systems Market: Key Insights

Regionally, the global perimeter intrusion detection systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific is anticipated to hold the largest market revenue of USD 24613.8 Million by the end of 2030, up from a revenue of USD 10649.9 Million in the year 2020. Moreover, the market in the region is expected to grow with a CAGR of 8.7% during the forecast period. One of the major factors anticipated to drive the growth of the market in the region is the growing focus of the government of the nations in the region, especially China, in increasing the perimeter security of different areas. China is also known to have the heaviest CCTV surveillance amongst all other countries globally. The country registered a share of close to 55% of the total number of CCTV surveillance cameras installed worldwide. Besides this, cities, such as Taiyuan, Wuxi, Changsha, and Beijing among others, were registered in the top 20 most surveilled cities around the globe, recording close to 120 cameras (per 1000 people), 90 cameras, 55 cameras, and 50 cameras respectively.

The market in the region is further divided by countries into Australia, Japan, Singapore, South Korea, China, India, and the Rest of Asia Pacific. Out of these, the market in China is anticipated to generate the largest revenue of USD 11637.4 Million by the end of 2030, by growing with the second-highest CAGR of 8.8% during the forecast period.

The study further incorporates Y-O-Y Growth, market opportunities, demand & supply and forecast future opportunity in North America (United States, Canada, Mexico), South America, Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Base Year

2024

Forecast Year

2025-2037

CAGR

14.3%

Base Year Market Size (2024)

USD 15.56 billion

Forecast Year Market Size (2037)

USD 88.43 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


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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