Perimeter Security Market by Component, End User, Sales Channel

List of Tables

[193 Pages Report] The Perimeter Security Market size was estimated at USD 82.04 billion in 2023 and expected to reach USD 88.27 billion in 2024, at a CAGR 8.03% to reach USD 140.95 billion by 2030.

Perimeter security includes products that safeguard the physical boundaries of commercial, residential, industrial, and government properties from unauthorized access, intrusion, or damage. Increasing concerns about safety and protection among individuals and organizations and technological advancements in surveillance equipment have accelerated the demand for perimeter security. Supportive government regulations related to public safety measures have encouraged the use of perimeter security systems. However, limitations associated with the maintenance and installation and concerns regarding false alarms lead to unnecessary panic impact product utilization. Market players are introducing intelligent perimeter security and drone-based perimeter surveillance solutions to expand their product portfolio. Adopting advanced technologies such as artificial intelligence (AI) powered video analytics software for improved situational awareness during real-time surveillance operations presents significant scope for market expansion. The ongoing trend of integrating physical security systems with cyber-security measures for enhanced threat detection and prevention capabilities can offer opportunities for market players to gain new customers.

KEY MARKET STATISTICS
Base Year [2023]	USD 82.04 billion
Estimated Year [2024]	USD 88.27 billion
Forecast Year [2030]	USD 140.95 billion
CAGR (%)	8.03%

Component: Growing preference for systems that allow organizations to customize their solutions

The service segment in perimeter security focuses on professional services that help secure an organization's premises. These services include risk assessment, system design and installation, maintenance, monitoring, and response services. The system component consists of hardware and software technologies designed to detect unauthorized access and breaches in the perimeter. These technologies are divided into three subcategories, including intrusion detection systems (IDS), access control systems (ACS), and video surveillance systems (VSS). Access control systems are essential for maintaining the security of any perimeter by limiting access to authenticated individuals or vehicles. The need-based preference for access control systems includes biometric scanners, card readers, and vehicle identification technologies. Alarms & notification systems alert security personnel to potential breaches or incidents within a secured perimeter effectively. These systems include intrusion detection alarms, fire alarms, gas leak detectors, and other monitoring devices. Barrier systems protect against unauthorized entry into a secure perimeter through fences, gates, bollards, turnstiles, and vehicle barriers.

End User: Expanding usage of perimeter security in the commercial sector to protect businesses from unauthorized access and potential threats

Commercial end-users have a high demand for advanced and integrated perimeter security solutions to protect their businesses from unauthorized access and potential threats, such as theft, vandalism, and terrorism. Educational institutes require robust security solutions that protect students and faculty from unauthorized access while allowing seamless and secure movement within the institute. Hospitals require advanced perimeter security systems that can accommodate emergency vehicle access to ensure the safety of patients, staff, and sensitive medical equipment. High-rise office buildings demand efficient means to monitor and control employee access while protecting against unauthorized intrusions. Restaurants and hotels need comprehensive perimeter security measures that seamlessly integrate with on-site services while providing a safe environment for guests. Shopping malls with high foot traffic and numerous entry points must have scalable security solutions to prevent potential threats without disrupting the customer experience. In the industrial sector, chemical plants necessitate stringent perimeter security to prevent theft, sabotage, or accidental damage, which can result in catastrophic consequences due to the hazardous nature of their operations. Factories require robust and easily manageable perimeter security solutions that protect valuable equipment and inventory from theft or unauthorized access. The extreme conditions of furnaces require specialized security systems designed to withstand high temperatures while maintaining the integrity of the facility's perimeter. Power plants demand cutting-edge technologies to guard against potential threats, both external and internal. Warehousing facilities require scalable security solutions that can accommodate a wide range of storage needs while protecting valuable goods and inventory from theft or damage. In the residential sector, apartments with multi-unit residential buildings necessitate effective means to control tenant access while preventing unauthorized entry by non-residents. Condo communities require advanced perimeter security measures that maintain privacy and protect common areas and amenities. Owners of single-family homes need perimeter security solutions that safeguard their property without compromising aesthetics or convenience. Townhouses need dependable security systems to protect individual units and communal spaces from potential threats, ensuring safety and privacy for all residents. This end-user group seeks affordable options that provide adequate protection in case of unauthorized entry around the premises.

Sales Channel: Availability of a wide variety of product portfolios among distributors and resellers

Distributors and resellers deliver perimeter security devices and solutions to end-users and focus on offering a wide range of products from multiple manufacturers to cater to the diverse demands of clients. Installation & service providers implement and maintain perimeter security solutions for customers across various sectors and industries. These providers work with manufacturers that offer comprehensive training programs and technical support services to ensure proper installation, maintenance, and troubleshooting of their products. OEMs play a vital role in the perimeter security market by designing and producing security equipment. Their primary need-based preference is to develop innovative products that cater to the evolving security needs of various industries and maintain affordable costs and efficient manufacturing processes.

Regional Insights

Perimeter security market in Europe is characterized by the presence of a well-developed infrastructure and growing public-private partnerships to enhance security measures. European countries such as the United Kingdom, France, Germany, and Italy are key markets in the region for perimeter security technologies. Countries including Denmark, Netherlands, Spain, and Italy have a significant emphasis on perimeter security due to their strategic geographical location and the presence of critical infrastructure. The growing demand for advanced security solutions in sectors such as transportation, energy, and public facilities has fueled the demand for perimeter security. Market players in the region offer advanced video surveillance systems integrated with artificial intelligence capabilities for various public places to monitor crowd movements while ensuring safety against potential threats.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Perimeter Security Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Perimeter Security Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Perimeter Security Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Perimeter Systems Limited, AJAX SYSTEMS CH, Bandweaver, Canon Inc., Cias Elettronica Srl, Clearway Group Limited, Dahua Technology Co., Ltd, DEA Security S.r.l., Fiber SenSys Inc. by Optex Group Co., Ltd., Gallagher Group Limited, Genetec Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Infinova Corporation, Johnson Controls International PLC, Magos Systems, Nice S.p.A., Panasonic Holdings Corporation, Perimeter Protection Group, Produs SA, Pyronix Limited, Ring LLC by Amazon.com, Inc., Robert Bosch GmbH, Rohde & Schwarz GmbH & Co KG, Safe Security Solutions, Schneider Electric SE, SensoGuard Ltd., Senstar Corporation, Siemens AG, SORHEA S.A, Teledyne FLIR LLC, Tenable, Inc., and Vicon Industries, Inc.

Market Segmentation & Coverage

This research report categorizes the Perimeter Security Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Services
  - Maintenance & Support
  - Managed Security Services
  - Risk Assessment & Analysis
  - System Integration & Consulting

System
- Access Control
- Alarms & Notification
- Barrier
- Intrusion Detection
- Video Surveillance

End User
- Commercial
  - Educational Institutes
  - Hospitals
  - Office Buildings
  - Restaurants & Hotels
  - Shopping Malls

Industrial
- Chemical Plants
- Factories
- Furnaces
- Power Plants
- Warehouses

Residential
- Apartments
- Condominiums
- Single-family Homes
- Townhouses

Sales Channel
- Distributor/ Reseller
- Installation & Service Providers
- OEM

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Belgium
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Perimeter Security Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Perimeter Security Market?

3. What are the technology trends and regulatory frameworks in the Perimeter Security Market?

4. What is the market share of the leading vendors in the Perimeter Security Market?

5. Which modes and strategic moves are suitable for entering the Perimeter Security Market?

Product Code: MRR-5012464377D1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Incidence of perimeter intrusions and security breaches in residential areas
  - 5.1.1.2. Use of perimeter security systems in airports, healthcare facilities, and

government facilities

5.1.2. Restraints
- 5.1.2.1. Limitations associated with the maintenance and installation of perimeter security systems
5.1.3. Opportunities
- 5.1.3.1. Introduction of intelligent perimeter security based on AI & ML
- 5.1.3.2. Emerging popularity of drone-based perimeter surveillance solutions
5.1.4. Challenges
- 5.1.4.1. Concerns regarding false alarms leading to unnecessary panic

5.2. Market Segmentation Analysis
- 5.2.1. Component: Growing preference for systems that allow organizations to customize their solutions
- 5.2.2. End User: Expanding usage of perimeter security in the commercial sector to protect businesses from unauthorized access and potential threats
- 5.2.3. Sales Channel: Availability of a wide variety of product portfolios among distributors and resellers
5.3. Market Trend Analysis
- 5.3.1. Denmark, Finland, and France: Rapid urbanization and expansion of commercial infrastructures in Denmark, Finland, and France
- 5.3.2. Germany, Netherlands, the UK: Ongoing investments in building infrastructure development and well-established standards for perimeter security solutions in Germany, the Netherlands, and the UK
- 5.3.3. Switzerland, Spain, and Italy: Significant emphasis on safeguarding public infrastructures in Switzerland, Spain, and Italy
- 5.3.4. Norway, Sweden, and, Belgium: Proliferating adoption of innovative perimeter security solutions in Norway, Sweden, and, Belgium
- 5.3.5. Poland and Russia: Presence of well-established public and industrial infrastructures necessitating robust perimeter security solutions in Poland and Russia
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
5.8. Client Customization
- 5.8.1. Global Pricing Analysis and Trends per Deployment for Perimeter Security Market, by System 2017-2023

6. Perimeter Security Market, by Component

6.1. Introduction
6.2. Services
6.3. System

7. Perimeter Security Market, by End User

7.1. Introduction
7.2. Commercial
7.3. Industrial
7.4. Residential

8. Perimeter Security Market, by Sales Channel

8.1. Introduction
8.2. Distributor/ Reseller
8.3. Installation & Service Providers
8.4. OEM

9. Americas Perimeter Security Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Perimeter Security Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Perimeter Security Market

11.1. Introduction
11.2. Belgium
11.3. Denmark
11.4. Egypt
11.5. Finland
11.6. France
11.7. Germany
11.8. Israel
11.9. Italy
11.10. Netherlands
11.11. Nigeria
11.12. Norway
11.13. Poland
11.14. Qatar
11.15. Russia
11.16. Saudi Arabia
11.17. South Africa
11.18. Spain
11.19. Sweden
11.20. Switzerland
11.21. Turkey
11.22. United Arab Emirates
11.23. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. The Clearway Group Acquires Secure Empty Property
- 12.3.2. Triton Acquires WaveLynx, Plans Significant Investment in Firm
- 12.3.3. Optex Launches New Grade 2 Flipx Professional Indoor Sensors With Flexible Detection Capability for Commercial and Professional Sites
- 12.3.4. Canon Launches Software that Uses AI to Improve the Quality of Video Captured by Ultra-high-sensitivity Cameras
- 12.3.5. Prosero Continues Expansion in Finland with New Acquisition
- 12.3.6. Cloud Camera Security Startup Solink Raises USD 60 Million
- 12.3.7. Vicon Industries Announces Important Partnership with National CCTV Organisation
- 12.3.8. Cial to Augment Perimeter Security with a Virtual Wall
- 12.3.9. Abode Systems Launches Affordable Diy Security System for Homes
- 12.3.10. Orbis Protect Acquires Secure Site UK to Further Enhance Their Security Solutions & Service Offering
- 12.3.11. D-Fend Solutions Announce Securiton Partnership
- 12.3.12. BlueHalo and Carahsoft Partner to Expand Access to ARGUS Perimeter Security System
- 12.3.13. Pyronix Launches Device for Discreet Perimeter Protection

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio