Market Research Report
Perimeter Intrusion Detection Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||960464|
|Published||Content info||107 Pages
Delivery time: 2-3 business days
|Perimeter Intrusion Detection Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: September 3, 2020||Content info: 107 Pages||
The global perimeter intrusion detection systems market grew at a CAGR of around 14% during 2014-2019. A perimeter intrusion detection system (PIDS) is used to detect, track and monitor an unauthorized physical intruder attempting to breach the privacy of a secured area. It comprises sensors, wires and active infrared or microwave systems that are either fence mounted or buried underground. It also has audio alarm verification that allows operators to act quickly and efficiently. Additionally, it helps in analyzing threats; managing risks; protecting assets, critical infrastructure and borders; and ensuring the safety of personnel. In recent years, a multi-layered approach has gained traction that operates with a combination of ground-based sensors for detecting potential intrusions and video analytics for characterizing intruders. Consequently, PDIS is widely used in military bases, government institutions, critical infrastructure, correctional facilities, petrochemical sites, airports and storage yards across the globe.
Due to a significant rise in terrorism and criminal activities, governments of various countries are strengthening the perimeter security at international borders, military bases, prisons and other sensitive sites. This represents one of the key factors impelling the global PIDS market growth, as it assists in mitigating the risks of security breaches from hostile vehicles and drone attacks. Besides this, its application is increasing in small and medium enterprises (SMEs) to ensure the safety of employees and critical data. Moreover, the high risk of burglaries, thefts and explosions in oil refineries is contributing to the market growth. Apart from this, the incorporation of signal processing, artificial intelligence (AI), machine learning, data analytics and computing technologies are expanding the utilization of PIDS in various end use industries. Furthermore, leading players are introducing variants that provide a higher probability of detection and low nuisance alarm rates and can adapt to different environments. Looking forward, IMARC Group expects the global perimeter intrusion detection systems market to continue its strong growth during the next five years.