DUBLIN, Aug. 06, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/wk37f4/perimeter) has announced the addition of the "Perimeter Security Market by System, Service, Vertical and Region - Global Forecast to 2020" report to their offering.
This research industry expects the perimeter security market size to grow from USD 14,010.3 million in 2015 to USD 20,250.6 million by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 7.6% from 2015 to 2020. Also, the critical infrastructure vertical is expected to account for the largest market share throughout the forecast period. However, there are few revenue pockets, namely commercial facilities and transportation facilities, which are also expected to witness significant growth in this period.
The need for perimeter security is increasing due to a constant risk of intrusion, large-scale illegal immigration, increased crime, and theft. The benefit for deploying perimeter security solutions include protection of organizations' infrastructure from the external threats such as unauthorized access, perimeter intrusion and other criminal acts. With growing concerns over physical intrusions, various verticals such as government and military facilities, critical infrastructure, commercial & industrial sites, and correctional facilities are securing their perimeter by deploying perimeter security systems such as intrusion detection systems, video surveillance systems, alarm systems, access control systems, and other integrated security systems.
Rise in the number of perimeter intrusions and increasing government regulations on perimeter security are the main drivers of the perimeter security market. With the emergence of video analytics, thermal imaging video surveillance and other next-generation integrated systems, the perimeter security market is expected to witness huge opportunity to grow in the next 5 years.
The perimeter security market is consolidated with key players such as Senstar, Southwest Microwave, RBtec Perimeter Security Systems, United Technologies Corporation, Tyco, and others. These players adopted various strategies such as new product developments, as well as partnerships & collaborations and business expansions, to cater to the needs of the perimeter security market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Perimeter Security Market Analysis, By System
8 Perimeter Security Market Analysis, By Service
9 Perimeter Security Market Analysis, By Vertical
10 Perimeter Security Market Analysis, By Region
11 Competitive Landscape
12 Company Profiles
- Axis Communication
- Fiber Sensys, Inc
- Honeywell International, Inc
- Puretech Systems
- Rbtec Perimeter Security Systems
- Senstsar, Inc
- Southwest Microwave, Inc
- Tyco Systems
- United Technologies Corporation
For more information visit http://www.researchandmarkets.com/research/wk37f4/perimeter
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SOURCE Research and Markets