Perimeter Intrusion Prevention Systems Market by Product and Geography - Forecast and Analysis 2022-2026

The perimeter intrusion prevention systems market share is expected to increase by USD 8.24 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.27%.

This perimeter intrusion prevention systems market research extensively covers perimeter intrusion prevention systems market segmentation by product (surveillance systems, access control systems, and alarms and notification systems) and geography (APAC, North America, South America, MEA, and Europe). The perimeter intrusion prevention systems market report also offers information on several market vendors, including Advanced Perimeter Systems Ltd., Axis Communications AB, Bandweaver, Cias Elettronica Srl, Detection Technologies Ltd., DeTekion Security Systems Inc., Fiber SenSys Inc., Future Fibre Technologies, H S Jackson and Son Ltd., Harper Chalice Group Ltd., Honeywell International Inc., Johnson Controls International Plc, Magal Security Systems Ltd., PureTech Systems Inc., RBtec Perimeter Security Systems, SensoGuard Ltd., SORHEA, Southwest Microwave Inc., Teledyne FLIR LLC, and WESCO International Inc. among others.

What will the Perimeter Intrusion Prevention Systems Market Size be During the Forecast Period?

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Perimeter Intrusion Prevention Systems Market: Key Drivers, Trends, and Challenges

The need to mitigate criminal activities and prevent terrorist attacks is notably driving the perimeter intrusion prevention systems market growth, although factors such as high implementation costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the perimeter intrusion prevention systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Perimeter Intrusion Prevention Systems Market Driver

One of the key factors driving growth in the perimeter intrusion prevention systems market is the need to mitigate criminal activities and prevent terrorist attacks. The threat of criminal activities is increasing across the world. The increasing number of home invasions has necessitated deploying perimeter intrusion prevention solutions such as video surveillance, access control, and alarms deployed to curb antisocial activities such as intrusion, murder, robbery, and theft. The governments of several countries have imposed stringent regulations that require the installation of perimeter intrusion prevention systems such as video surveillance and alarms in commercial spaces such as hypermarkets, hospitals, airports, ports, railway stations, hotels, and malls to curb criminal and terrorist activities. Perimeter intrusion prevention systems can deter criminal activities and help safeguard the premises from miscreants. Therefore, the need to mitigate criminal activities and terrorist attacks drives the growth of the global perimeter intrusion prevention systems market.

Key Perimeter Intrusion Prevention Systems Market Trend

The growing penetration of self-access control terminals is perimeter intrusion prevention systems market trend that is expected to have a positive impact in the coming years. Biometrics and card reader terminals are widely used in the access control segment of the global perimeter intrusion prevention systems market. The self-access control segment includes checkout terminals, such as toll booths or access control systems at entrances in metros. Various self-access control systems are being installed in offices and retail stores to reduce customer waiting time. There is an increasing need for quick and secure transactions. Self-checkout through a biometric system eliminates the need for customers to wait in queues in various places, such as offices and retail stores. The entire transaction is completed with a swipe of the user's hand over a palm vein scanner or fingerprint reader. This reduces waiting time and offers convenience to users. The growth of this market is expected to drive the demand for perimeter intrusion prevention systems during the forecast period.

Key Perimeter Intrusion Prevention Systems Market Challenge

The high implementation costs will be a major challenge for the perimeter intrusion prevention systems market during the forecast period. The cost of implementing perimeter intrusion prevention systems is high because of the significant hardware, software, and support costs. The implementation costs include installation and component costs. Hardware implementation costs include the cost of wiring, cabling, and electrical components, installation costs, and payment of electricians. Software implementation costs include the original software cost, licenses, maintenance agreements, and add-ons. Perimeter intrusion prevention system vendors charge for software based on the equipment and yearly maintenance cost, the organization's expansion, and the duration of the agreement. Add-ons are very expensive as they enhance the security system. The high implementation costs hinder the adoption of these systems. This is a significant challenge faced by perimeter intrusion prevention systems vendors as it reduces the sales of these systems.

This perimeter intrusion prevention systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global perimeter intrusion prevention systems market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the perimeter intrusion prevention systems market during the forecast period.

Who are the Major Perimeter Intrusion Prevention Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Advanced Perimeter Systems Ltd.
• Axis Communications AB
• Bandweaver
• Cias Elettronica Srl
• Detection Technologies Ltd.
• DeTekion Security Systems Inc.
• Fiber SenSys Inc.
• Future Fibre Technologies
• H S Jackson and Son Ltd.
• Harper Chalice Group Ltd.
• Honeywell International Inc.
• Johnson Controls International Plc
• Magal Security Systems Ltd.
• PureTech Systems Inc.
• RBtec Perimeter Security Systems
• SensoGuard Ltd.
• SORHEA
• Southwest Microwave Inc.
• Teledyne FLIR LLC
• WESCO International Inc.

 

This statistical study of the perimeter intrusion prevention systems market encompasses successful business strategies deployed by the key vendors. The perimeter intrusion prevention systems market is fragmented and the vendors are deploying growth strategies such as focusing on developing innovative products and are constantly increasing research and development investments to compete in the market.

Product Insights and News

• Advanced Perimeter Systems Ltd. - The company offers perimeter intrusion prevention systems that can be attached to an existing perimeter fence or used as a stand-alone fence and access to the premises can therefore be denied at the perimeter in case of suspicion, under the brand name of Advanced Perimeter systems. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The perimeter intrusion prevention systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Perimeter Intrusion Prevention Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the perimeter intrusion prevention systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Perimeter Intrusion Prevention Systems Market?

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49% of the market's growth will originate from North America during the forecast period. The US is the key market for perimeter intrusion prevention systems in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA  regions.

The rise in the number of retail stores and facilities in the region will facilitate the perimeter intrusion prevention systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

With the outbreak of COVID-19, there has been an increase in cyber security threats and higher levels of computer crime globally due to factors such as remote working and others, which pose a risk to the security of products, systems, and networks and the confidentiality, availability, and integrity of data. In 2020, the UK terrorism threat level was upgraded from substantial to severe. These factors generate the need for perimeter intrusion prevention systems and positively impact the regional market in focus and is expected to drive the market growth in Europe during the forecast period.

What are the Revenue-generating Product Segments in the Perimeter Intrusion Prevention Systems Market?

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The perimeter intrusion prevention systems market share growth by the surveillance systems segment will be significant during the forecast period. The rise in the adoption of surveillance systems is expected to propel the growth of the global residential and commercial security market during the forecast period. Some of the major surveillance system vendors are focusing on developing new products. The availability of such new products is likely to fuel the growth of the global perimeter intrusion prevention systems market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the perimeter intrusion prevention systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Perimeter Intrusion Prevention Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 9.27%
Market growth 2022-2026	$ 8.24 billion
Market structure	Fragmented
YoY growth (%)	8.57
Regional analysis	APAC, North America, South America, MEA, and Europe
Performing market contribution	North America at 49%
Key consumer countries	US, China, India, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Advanced Perimeter Systems Ltd., Axis Communications AB, Bandweaver, Cias Elettronica Srl, Detection Technologies Ltd., DeTekion Security Systems Inc., Fiber SenSys Inc., Future Fibre Technologies, H S Jackson and Son Ltd., Harper Chalice Group Ltd., Honeywell International Inc., Johnson Controls International Plc, Magal Security Systems Ltd., PureTech Systems Inc., RBtec Perimeter Security Systems, SensoGuard Ltd., SORHEA, Southwest Microwave Inc., Teledyne FLIR LLC, and WESCO International Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Perimeter Intrusion Prevention Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive perimeter intrusion prevention systems market growth during the next five years
• Precise estimation of the perimeter intrusion prevention systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the perimeter intrusion prevention systems industry across APAC, North America, South America, MEA, and Europe
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of perimeter intrusion prevention systems market vendors

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