Perimeter Security Market Size

Perimeter Security Market size was valued at USD 92.89 billion in 2024 and is poised to cross USD 373.33 billion by the end of 2037, registering more than 11.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of perimeter security is estimated at USD 101.29 billion. The growth of the market can be attributed to the increasing threat of crimes and terrorism. In the 2018 statistical report estimates, crime rate was registered to 2200 per 100,000 inhabitants. Henceforth, investments in security and surveillance have increased exponentially around the globe, and it is projected to rise the growth of the market.

In addition to these, factors that are believed to fuel the market growth of perimeter security include increase in technological advancements in wireless technology, and an increase in adoption of various perimeter security systems such as video surveillance in workspaces, residences, movie theatres, and malls. The need to improve global safety and security along with the technological transition from analog to the IP network is also seen as a major factor of growth for the global perimeter security market. For instance, Polaris Sensor Technologies in 2020, introduced Pyxis camera recently which uses infrared technology and polarization to build in thermal imaging. The United States military is currently putting the Pyxis Camera in its detection of camouflaged targets. Additionally, the increasing need to make perimeter security market automated and the rise in R&D spending is predicted to present the potential for market expansion over the projected period.