Perimeter Intrusion Detection Systems Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Smart City Initiatives
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Growing Concern for Robberies and Thefts
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Increasing Installations of Video Surveillance Systems for Security Purposes
Challenges
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High Installation Costs
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Complexities in System Integration
Perimeter Intrusion Detection Systems Market: Key Insights
|
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 |
|
Browse key industry insights with market data tables & charts from the report:
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.
