Perimeter Security Sector to Gather Steam Globally in Year to Come, States Occams in New Market Research Report Available at MarketPublishers.com
24 May 2016 • by Natalie Aster
LONDON – The world perimeter security sector is gathering steam, driven by massive investments in safeguarding systems, mature and enhanced awareness in the market, increased number of perimeter intrusions, tightened government standards for perimeter security, cost reductions in labour power, and a slew of diverse technology trends in video surveillance. Nevertheless, reliability and cost-intensive constraints are the major factors hindering the uptake of the perimeter security solutions amid various industry verticals. Also, high deployment rate for SMBs could pose a challenge to the sector’s growth.
The companies are primarily focusing on R&D and investments in the elaboration of novel technologies with a view to expanding the expanse of perimeter security systems. Anixter International, Honeywell International Inc., Axis Communications AB, Senstar, Fiber Sensys Inc., and Xtralis are amid the dominant industry players.
Governments form pole to pole are making huge efforts to introduce a range of smart city projects, bringing security into the primary focus. Hence, the perimeter security market is projected to give a boost to the emerging demand for smart infrastructure. Important innovations with respect to security cameras to obtain more precise and crisp picture are the main factors behind the sector’s growth.
The report “Global Perimeter Security Market Insights, Opportunity Analysis, Market Shares and Forecast 2016 – 2022” elaborated by Occams investigates the marketplace, categorising it by services, solutions, industries, and geographies A country level assessment of each region is included. The study focuses on an evaluation of the various parameters like closed-circuit television and video surveillance equipment revenues across geographies, market development of metal detectors and scanners, of intrusion detection, among others. The study contains a value chain assessment, includes Porter’s five forces analysis, identifies key buying criteria, and offers strategically essential recommendations. Furthermore, the study explores the market driving factors, restraints, challenges and opportunities. The report provides a granular analysis of the 30 prominent market players as well as looks at their strategies. It presents revenue forecast data, growth rates and CAGR through 2021-end.
More studies by this publisher can be found at Occams page.