Global Perimeter Security Systems and Solutions Market: Overview

Perimeter security refers to an integrated system that helps in physical security of a facility as well as provides protection against unauthorized physical intrusions. It includes technologies such as video surveillance systems, access control systems, notification and communication systems, and intrusion detection. In the recent times, owing to technological advancements, security systems also deploy infrared, microwave, radar, and seismic sensors, which has further added to the robustness of these systems. With growing demand to ensure protection from all types of malicious activities and to check the movements of authorized personals, the global market for perimeter security systems and solutions is projected for healthy growth rate during the forecast period of 2016 to 2024.

This report on global perimeter security systems and solutions market is a thorough study of the market in its current condition, and based on an in-depth analysis of all the factors that may impact the demand in the recent future, it estimates the future state of the market until 2024. It also highlights some of the latest trends of the market in order to help the existing and new players in making most of the new opportunities. Among the key features of the report is the chapter on company profiles, wherein a number of leading vendors have been analyzed for their market share, competitors, products, pricing and margin, and recent strategic developments such as mergers and acquisitions, collaborations, and investments for the development of new products and technologies. The global perimeter security systems and solutions can be segmented on the basis of application, into video surveillance systems, system integration consultancy, and commercial and transportation facilities.

Global Perimeter Security Systems and Solutions Market: Drivers and Restraints

Some of primary factors driving this market include constant risk of terrorism, increasing criminal activities, illegal immigration concerns, and anti-government protests. Several governments across the world have employed regulations to increase safety at respective facilities and are offering subsidies for the adoption of new technology. The need to reduce manpower is another prominent factor helping the expansion of the market. These perimeter security systems and solutions not only work constantly, the automated processes help in reducing the number of manual check-posts. End-use industries such as oil and petrochemical, power stations, and hazardous industries are expected to extend the demand in the near future. Conversely, economic slowdown and high cost of these systems are expected to hinder the growth rate of the market during the forecast period.

Currently, the product segment of video surveillance systems accounts for most of the demand in the market, although the segment of commercial and transport facilities is projected for most robust growth rate.

Global Perimeter Security Systems and Solutions Market: Regional Outlook

Currently, North America serves the maximum demand in this market, which is a reflection of increased threat of terrorism and illegal immigration along with high buying power of the end users in the countries of the U.S. and Canada, while emerging economies such as China, India, and Australia are expected to turn Asia Pacific into a lucrative market in the recent future.

Companies mentioned in the research report

Some of the prominent companies in the global market for perimeter security systems and solutions are Honeywell international Inc., Senstar, Xtralis, Cias, Fiber sensys Inc, Southwest microwave Inc, Tyco systems, Puretech systems, Rbtec perimeter security systems, United technologies corporation, Schneider electric se, Av tech, Cnb technology, Flir systems Inc., Advanced perimeter systems ltd, Kodicom, Actividentity, Fst21, Abs consulting, Cyberark, Breifcam, Door king Inc, and Fiber sensys Inc

Major regions analyzed under this research report are:

Europe

North America

Asia Pacific

Rest of the World

This report gives you access to decisive data such as:

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for the coming years

Key highlights of this report

Overview of key market forces propelling and restraining market growth

Up-to-date analyses of market trends and technological improvements

Pin-point analyses of market competition dynamics to offer you a competitive edge

An analysis of strategies of major competitors

An array of graphics and SWOT analysis of major industry segments

Detailed analyses of industry trends

A well-defined technological growth map with an impact-analysis

Offers a clear understanding of the competitive landscape and key product segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer E xperience Maps

xperience Maps I nsights and Tools based on data-driven research

nsights and Tools based on data-driven research Actionable R esults to meet all the business priorities

esults to meet all the business priorities Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.