In 2014, approximately 71% of the organizations in US were affected by a successful cyber-attack and it has been estimated to increase at the rate of 61% annually in the upcoming years. This rapid growth in perimeter intrusion has compelled the demand for perimeter security solutions across world. The global perimeter security solutions market is expected to reach approx. $ 250 billion by 2025. Global Perimeter Security Market is driven by various factors rising focus of government for perimeter security regulations, advancement in surveillance technology, development in smart cities and so on.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the global perimeter security market are given below:
Integration & design
Risk Management Services
Support & Maintenance
Intrusion detections sensors
Mass/Emergency Notification System
ion & Design
Aerospace & Defence
Transportation & Logistics
Rest of the World
Regionally, global perimeter security market is segmented into North America, APAC, and Europe & RoW. The report further provides detailed analysis of countries under each of these regions. Globally, in 2015, North America has held the largest market share of 31.95% in global perimeter security market. The major reason for high market share is fast adoption of perimeter security solutions in the region. However, Asia Pacific region is expected to grow at highest CAGR of 10.7% during 2017-2023. The growth in Asia Pacific region is driven by favourable government initiatives across developing countries, rising demand for perimeter security due to increasing number of special events, development of smart infrastructure and so on.
The global perimeter security market is highly fragmented with presence of large number of companies. However, approximately 25% market share is dominated by some major brands such as Anixter International, Tyco International Ltd., Honeywell International Inc., FLIR Systems Inc., Nice Systems Inc., Axis Communications and so on. Other Key companies include Senstar, CIAS, Fiber Sensys, Lockheed Martin Corporation and so on. The report covers in all top 25 company profiles based on the revenue and market activity of these companies.
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Ankur Gupta, Head Marketing & Communications