Perimeter Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Perimeter Security Market Trends and Forecast

The future of the global perimeter security market looks promising with opportunities in the commercial, industrial, infrastructural, government, military & defense, and residential sectors. The global perimeter security market is expected to reach an estimated $127.3 billion by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are increasing terrorism threats and cross-border invasions, emergence of smart cities ,and significant demand for high-tech security systems.

A more than 150-page report is developed to help in your business decisions. Learn the scope, benefits, companies researched and other details of the global perimeter security market report.

Perimeter Security Market by Segment

The study includes a forecast for the global perimeter security market by component, service, system, end use, and region.

Perimeter Security Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Services

Perimeter Security Market by Service [Shipment Analysis by Value from 2018 to 2030]:

• Professional Services
• Managed Services

Perimeter Security Market by System [Shipment Analysis by Value from 2018 to 2030]:

• Perimeter Intrusion Detection
• Video Surveillance Systems
• Access Control Systems
• Alarm and Notification Systems
• Barrier Systems
• Others

Perimeter Security Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Industrial
• Infrastructural
• Government
• Military & Defense
• Residential
• Others

Perimeter Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Perimeter Security Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies perimeter security market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the perimeter security market companies profiled in this report include-

• Honeywell
• Dahua Technology
• Bosch Security Systems
• Hikvision
• Axis Communications
• Senstar
• Pelco
• Raytheon Technologies
• Teledyne FLIR
• Thales

Perimeter Security Market Market Insights

• Lucintel forecast that professional serviceswill remain the larger segment over the forecast period.

• Commercial is expected to witness highest growth over the forecast period.

• North America will remain the largest region over the forecast period.

Features of the Global Perimeter Security Market

• Market Size Estimates: Perimeter security market size estimation in terms of value ($B).

• Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

• Segmentation Analysis: Perimeter security market size by various segments, such as by component, service,system, end use, and region in terms of value ($B).

• Regional Analysis: Perimeter security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

• Growth Opportunities: Analysis of growth opportunities in different component, service, system, end use, and regions for the perimeter security market.

• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the perimeter security market.

• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the perimeter security market size?

Answer: The global perimeter security market is expected to reach an estimated $127.3 billion by 2030.

Q.2. What is the growth forecast for perimeter security market?

Answer: The global perimeter security market is expected to grow with a CAGR of 9.3% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the perimeter security market?

Answer: The major drivers for this market are increasing terrorism threats and cross-border invasions emergence of smart cities significant demand for high-tech security systems

Q.4. What are the major segments for perimeter security market?

Answer: The future of the perimeter security market looks promising with opportunities in the commercial, industrial, infrastructural, government, military & defense, and residentialsectors.

Q.5. Who are the key perimeter security market companies?

Answer: Some of the key perimeter security market companies are as follows:

• Honeywell
• Dahua Technology
• Bosch Security Systems
• Hikvision
• Axis Communications
• Senstar
• Pelco
• Raytheon Technologies
• Teledyne FLIR
• Thales

Q.6. Which perimeter security market segment will be the largest in future?

Answer: Lucintel forecast that professional serviceswill remain the larger segment over the forecast period.

Q.7. In perimeter security market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the perimeter security market by component (solution and service), service (professional service and managed service), system(perimeter intrusion detection, video surveillance systems, access control systems, alarm and notification systems, barrier systems, and others), end use (commercial, industrial, infrastructural, government, military & defense, residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?