Perimeter Security Market Size, Share, and Analysis, By Component (Systems and Services), By System (Perimeter Intrusion Detection Systems, Video Surveillance Systems, Access Control Systems, Alarm & Notification Systems, and Barrier Systems), By Services (System Integration and Risk Assessment & Analysis), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Perimeter Security Market Size, Share, and Analysis, By Component (Systems and Services), By System (Perimeter Intrusion Detection Systems, Video Surveillance Systems, Access Control Systems, Alarm & Notification Systems, and Barrier Systems), By Services (System Integration and Risk Assessment & Analysis), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Perimeter Security Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 70.5 billion and is projected to reach USD 185.4 billion by the completion of 2034.
Perimeter security is a comprehensive strategy for protecting physical locations, such as buildings or facilities, by establishing a protective boundary around them. It includes the use of diverse security measures to restrict unauthorized access and reduce potential threats. These measures can include physical barriers like fences, walls, gates, and bollards, along with technological solutions like surveillance cameras, motion sensors, and access control systems. The principal objective of perimeter security is to detect, deter, and delay intruders, thus granting security personnel or automated systems adequate time to effectively respond. Therefore, by implementing a strong perimeter defense, organizations can improve their security structure and ensure the protection of assets, individuals, and sensitive information within the designated area.
MARKET HIGHLIGHTS
Perimeter security market is projected to reach USD 185.4 billion over the forecast period, driven by growing security concerns across various sectors such as government, transportation, critical infrastructure, and commercial facilities. This growth is attributed to the rising frequencies of unauthorized access, vandalism, and terrorist threats, that force organizations to procure advanced perimeter security solutions. In addition, technological improvements, such as the integration of video surveillance and biometric authentication, are playing an essential role in expanding the market. Consequently, while strict security regulations and the presence of security solution providers are contributing to market stability, regions that are witnessing rapid infrastructure development, alongside growing investments in security infrastructure represent major growth opportunities for the market.
Perimeter Security Market Segments:
Growth Drivers
Technological Advancements Driving Perimeter Security Market Growth
Increasing Security Concerns Will Act as a Catalyst for Market Expansion
Restraint
High Initial Investment Requirement in Perimeter Security Solutions
Key Players
PRODUCT OVERVIEW
Perimeter Security Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 70.5 billion and is projected to reach USD 185.4 billion by the completion of 2034.
Perimeter security is a comprehensive strategy for protecting physical locations, such as buildings or facilities, by establishing a protective boundary around them. It includes the use of diverse security measures to restrict unauthorized access and reduce potential threats. These measures can include physical barriers like fences, walls, gates, and bollards, along with technological solutions like surveillance cameras, motion sensors, and access control systems. The principal objective of perimeter security is to detect, deter, and delay intruders, thus granting security personnel or automated systems adequate time to effectively respond. Therefore, by implementing a strong perimeter defense, organizations can improve their security structure and ensure the protection of assets, individuals, and sensitive information within the designated area.
MARKET HIGHLIGHTS
Perimeter security market is projected to reach USD 185.4 billion over the forecast period, driven by growing security concerns across various sectors such as government, transportation, critical infrastructure, and commercial facilities. This growth is attributed to the rising frequencies of unauthorized access, vandalism, and terrorist threats, that force organizations to procure advanced perimeter security solutions. In addition, technological improvements, such as the integration of video surveillance and biometric authentication, are playing an essential role in expanding the market. Consequently, while strict security regulations and the presence of security solution providers are contributing to market stability, regions that are witnessing rapid infrastructure development, alongside growing investments in security infrastructure represent major growth opportunities for the market.
Perimeter Security Market Segments:
- By Component
- Systems
- Services
- By System
- Perimeter Intrusion Detection Systems
- Video Surveillance Systems
- Access Control Systems
- Alarm & Notification Systems
- Barrier Systems
- By Service
- System Integration
- Risk Assessment & Analysis
Growth Drivers
Technological Advancements Driving Perimeter Security Market Growth
Increasing Security Concerns Will Act as a Catalyst for Market Expansion
Restraint
High Initial Investment Requirement in Perimeter Security Solutions
Key Players
- Axis Communications
- Bosch Security Systems
- Honeywell International Inc.
- Johnson Controls International plc
- Anixter International Inc.
- FLIR Systems, Inc.
- Genetec Inc.
- Hikvision Digital Technology Co., Ltd.
- Dahua Technology Co., Ltd.
- Senstar Corporation
- Avigilon Corporation
- Southwest Microwave, Inc.
- Gallagher Group Limited
- Magal Security Systems Ltd.
- Perimeter Security Industries Inc.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2.Business Trends
1.3. Perimeter Security Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Perimeter Security Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.PERIMETER SECURITY MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.PERIMETER SECURITY MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Component
11.3.1.1. Systems
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Services
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By System
11.3.2.1.Perimeter Intrusion Detection Systems
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Video Surveillance Systems
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Access Control Systems
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Alarm & Notification Systems
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Barrier Systems
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Service
11.3.3.1.System Integration
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Risk Assessment & Analysis
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Component
12.3.2. By System
12.3.3. By Service
12.4. Country
12.4.1. United States
12.4.2.Canada
13.EUROPE PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Component
13.3.2. By System
13.3.3. By Service
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Component
14.3.2. By System
14.3.3. By Service
14.4.Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Component
15.3.2. By System
15.3.3. By Service
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Component
16.3.2. By System
16.3.3. By Service
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Axis Communications
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Bosch Security Systems
18.3.Honeywell International Inc.
18.4.Johnson Controls International plc
18.5.Anixter International Inc.
18.6.FLIR Systems, Inc.
18.7.Genetec Inc.
18.8.Hikvision Digital Technology Co., Ltd.
18.9.Dahua Technology Co., Ltd.
18.10.Senstar Corporation
18.11. Avigilon Corporation
18.12.Southwest Microwave, Inc.
18.13.Gallagher Group Limited
18.14.Magal Security Systems Ltd.
18.15.Perimeter Security Industries Inc.
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Perimeter Security Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Perimeter Security Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.PERIMETER SECURITY MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.PERIMETER SECURITY MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Component
11.3.1.1. Systems
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Services
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By System
11.3.2.1.Perimeter Intrusion Detection Systems
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Video Surveillance Systems
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Access Control Systems
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Alarm & Notification Systems
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Barrier Systems
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Service
11.3.3.1.System Integration
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Risk Assessment & Analysis
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Component
12.3.2. By System
12.3.3. By Service
12.4. Country
12.4.1. United States
12.4.2.Canada
13.EUROPE PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Component
13.3.2. By System
13.3.3. By Service
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Component
14.3.2. By System
14.3.3. By Service
14.4.Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Component
15.3.2. By System
15.3.3. By Service
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA PERIMETER SECURITY MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Component
16.3.2. By System
16.3.3. By Service
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Axis Communications
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Bosch Security Systems
18.3.Honeywell International Inc.
18.4.Johnson Controls International plc
18.5.Anixter International Inc.
18.6.FLIR Systems, Inc.
18.7.Genetec Inc.
18.8.Hikvision Digital Technology Co., Ltd.
18.9.Dahua Technology Co., Ltd.
18.10.Senstar Corporation
18.11. Avigilon Corporation
18.12.Southwest Microwave, Inc.
18.13.Gallagher Group Limited
18.14.Magal Security Systems Ltd.
18.15.Perimeter Security Industries Inc.
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
