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Global Perimeter Intrusion Detection Systems Market 2017-2021 - Increasing Risk of Terrorism and Infiltration Driving the $5.8 Billion Market - Research and MarketsThe "Perimeter Intrusion Detection Systems Market - Global Forecast to 2021" report has been added to Research and Markets' offering. The perimeter intrusion detection systems market is expected to grow from US$4.12 billion in 2016 to US$5.82 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. The increasing risk of terrorism and infiltration, increasing government regulations on perimeter security, and significant reduction in manpower cost offered by these systems is driving the market across all regions. In the solutions segment, the services subsegment is offering high growth opportunities and is gaining importance among end users due to the increasing need for system integration & consulting services. Among sensors, the radar sensors subsegment is expected to grow at the highest CAGR during the forecast period, as it enables the continuous survey of large areas, all-weather day/night capability, and geo-referenced intruder position reporting and tracking, which enhances the ability of security personnel to respond. The open area deployment type is expected to grow at the highest CAGR during the forecast period, as this deployment type usually cover a large area and offers volumetric protection. North American is expected to be the largest revenue-generating region for the perimeter intrusion detection systems markt in 2016. This is mainly because there is a high focus on innovation through research & development and technology adoption, especially in the developed economies of North America. The Latin America region is expected to be the fastest-growing regional market for perimeter intrusion detection systems. The growth in this region is primarily driven by the countries in this region, as they are continuously upgrading their technologies to effectively counter perimeter intrusion threats. The perimeter intrusion detection systems market faces challenges such as issues faced while integrating existing systems with new technologies and high installation cost for SMBs. Moreover, factors such as the false alarm rate are also hindering the growth of the market. Market Dynamics Drivers
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Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Perimeter Intrusion (News - Alert) Detection Systems Market Overview 6 Industry Trends 7 Perimeter Intrusion Detection Systems Market, By Solution 8 Perimeter Intrusion Detection Systems Market, By Deployment Type 9 Perimeter Intrusion Detection Systems Market, By Vertical 10 Perimeter Intrusion Detection Systems Market, By Region 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/n4hx4j/global_perimeter?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180110005638/en/ |
