Enjoy complimentary customisation on priority with our Enterprise License!
The perimeter intrusion prevention systems market size is forecast to increase by USD 8.49 billion, at a CAGR of 9.48% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free Sample
The perimeter intrusion prevention system (PIPS) market continues to evolve, driven by the ever-increasing need for robust security solutions. This market encompasses a range of technologies, including intrusion detection systems, data loss prevention, cloud-based security systems, and more. Performance metrics reporting is a crucial aspect of these systems, enabling organizations to assess their security posture and optimize false alarm reduction. Threat detection algorithms and perimeter breach detection are at the core of intrusion prevention techniques, constantly adapting to emerging threats. System scalability features ensure that these solutions can grow with an organization, while user authentication methods add an additional layer of security.
Data analytics dashboards and sensor data fusion facilitate real-time threat alerts, allowing for swift incident response. Cloud-based security systems and wireless sensor networks are gaining popularity, offering flexibility and ease of deployment. Physical security systems and Video Surveillance systems are also being integrated, creating a comprehensive security solution. Data encryption methods and access control systems further enhance security, while risk assessment procedures and security system maintenance ensure ongoing protection. An anomaly detection system and incident response protocols are essential components, enabling organizations to swiftly address potential breaches. Cybersecurity integration and system integration services further enhance the capabilities of these systems, while Network Security monitoring and network traffic monitoring provide valuable insights.
Video Analytics integration and remote monitoring capabilities offer additional flexibility and enhanced threat detection. According to industry reports, the PIPS market is expected to grow by over 10% annually, reflecting the continuous demand for advanced security solutions. For instance, a leading financial institution reported a 30% reduction in false alarms after implementing a PIPS solution, significantly improving their security posture.
The perimeter intrusion prevention systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The surveillance systems segment is estimated to witness significant growth during the forecast period.
Intrusion detection systems (IDS) play a crucial role in securing digital perimeters by monitoring network traffic and identifying potential threats. Performance metrics reporting enables organizations to assess IDS effectiveness, while data loss prevention (DLP) safeguards sensitive information. Cloud-based security systems offer flexibility and scalability, reducing false alarms through advanced threat detection algorithms and techniques. Perimeter breach detection and system scalability features are essential for large enterprises. Physical security systems and user authentication methods complement digital security measures. Data analytics dashboards and sensor data fusion facilitate real-time threat alerts and incident response protocols. Perimeter vulnerability assessments and video surveillance systems ensure comprehensive security.
Data encryption methods and access control systems protect data integrity. Wireless sensor networks and risk assessment procedures enhance security system maintenance. Anomaly detection systems and network security monitoring maintain security policy compliance and network traffic monitoring. Integrating video analytics and remote monitoring capabilities further strengthens cybersecurity and enhances overall security system efficiency. According to recent studies, the global market for intrusion detection systems is expected to grow by 12% annually, reaching USD30 billion by 2025.
The Surveillance systems segment was valued at USD 5.86 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The North American perimeter intrusion prevention system market is experiencing significant growth due to the increasing number of retail stores and facilities in the region. With the US and Canada being major contributors, the demand for advanced security solutions such as intrusion detection systems, performance metrics reporting, data loss prevention, and cloud-based security systems is surging. These solutions employ intrusion prevention techniques, threat detection algorithms, and real-time threat alerts to minimize false alarms and ensure system scalability. Physical security systems, user authentication methods, and data analytics dashboards further enhance security measures. Companies like Motorola Solutions, Inc., AxxonSoft, Avigilon, and Checkpoint Systems Inc., are leading the market, integrating cybersecurity, access control systems, wireless sensor networks, risk assessment procedures, and security system maintenance.
The market's growth is expected to reach 15% based on industry estimates, driven by the integration of anomaly detection systems, incident response protocols, system integration services, network security monitoring, sensor network topology, security policy compliance, network traffic monitoring, video analytics integration, and remote monitoring capabilities. A prominent example of this market's impact is the reduction of security breaches in the retail sector by up to 50% following the implementation of advanced perimeter intrusion prevention systems.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The perimeter intrusion prevention systems market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the perimeter intrusion prevention systems market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, perimeter intrusion prevention systems market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Advanced Perimeter Systems Ltd. - Advanced Perimeter Systems provides innovative perimeter security solutions, enabling denial of access at the fence line.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Perimeter Intrusion Prevention Systems Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
145 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 9.48% |
|
Market growth 2024-2028 |
USD 8489.2 million |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
8.73 |
|
Key countries |
US, Germany, UK, China, and India |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this perimeter intrusion prevention systems market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.