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Perimeter Intrusion Detection Systems Market Trends

  • Report ID: 3660
  • Published Date: Sep 19, 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

Base Year

2023

Forecast Year

2024–2036

CAGR

14.3%

Base Year Market Size (2023)

USD 13.61 billion

Forecast Year Market Size (2036)

USD 77.35 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 3660
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing smart city initiatives, and the growing concern for robberies and thefts, are some of the major factors anticipated to drive the growth of the market in the coming years.

The market is anticipated to attain a CAGR of 8.6% over the forecast period, i.e., 2020 – 2030.

The high installation costs, and the complexities in system integration are some of the major factors estimated to hamper the market growth.

The market in the Asia Pacific is anticipated to hold the largest market revenue of USD 24613.8 Million by the end of 2030 and display significant business opportunities.

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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