Global Perimeter Intrusion Detection Systems Market

Perimeter Intrusion Detection Systems Market Size, Share, Growth Analysis, By Components(Software, Services), By Deployment(Cloud, and On-premises), By Organization size(Large enterprises, small and medium enterprises), By Vertical(BFSI, Government and Defense, Telecom and IT, Manufacturing), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45A2199 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 120 | Figures: 77

Perimeter Intrusion Detection Systems Market News

  • In October 2023, Teledyne FLIR, an industry-leading security camera manufacturer, and Magos Systems, a pioneer in advanced AI-powered radar detection technology, announced their technology partnership to introduce an innovative end-to-end Perimeter Intrusion Detection System (PIDS). Together, they unveil the integration with Teledyne FLIR's cutting-edge thermal security cameras and Magos' top-tier radar technology and AI software capabilities.  
  • In October 2023, Cochin International Airport Ltd (CIAL), which manages Kochi airport, the fourth busiest in India in terms of international traffic, unveiled seven mega-projects focused on infrastructure development, security and easing passenger movement. The projects are: A new import cargo terminal, implementation of the DigiYatra software developed by CIAL, modernisation of airport emergency service, phase-1 expansion of international terminal (T-3), the golf tourism project, Aero Lounges as well as the Perimeter Intrusion Detection System (PIDS). 
  • In May 2022, Quanergy Systems, Inc., a leading provider of LiDAR sensors and smart 3D solutions, announced that Audio Technology has selected Quanergy to provide perimeter intrusion detection to reduce false alarms, provide real-time tracking and classification, all while working under any lighting conditions.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Perimeter Intrusion Detection Systems Market size was valued at USD 4.8 billion in 2022 and is poised to grow from USD 5.09 billion in 2023 to USD 8.19 billion by 2031, growing at a CAGR of 6.11% in the forecast period (2024-2031).

The competitive environment of the Perimeter Intrusion Detection Systems market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Honeywell International Inc.', 'Tyco International Ltd. (Johnson Controls International Plc)', 'Bosch Security Systems (Robert Bosch GmbH)', 'Schneider Electric SE', 'FLIR Systems, Inc.', 'Nortek Security & Control LLC (Melrose Industries Plc)', 'Axis Communications AB (Canon Inc.)', 'Hikvision Digital Technology Co., Ltd.', 'Anixter International Inc.', 'ADT Inc.', 'Securitas AB', 'STANLEY Security (STANLEY Black & Decker, Inc.)', 'Panasonic Corporation', 'Johnson Controls International Plc', 'Molex LLC (Koch Industries, Inc.)', 'UTC Fire & Security (United Technologies Corporation)', 'Siemens AG', 'Corning Incorporated', 'Verint Systems Inc.', 'AxxonSoft'

The advancement of technology, particularly in video surveillance, stands as the primary impetus driving the market forward. Within the video surveillance system, a multitude of sensors—including sonar, radar, automatic identification systems, and GPS—are integrated and configured with specific algorithms. This amalgamation equips the system to furnish map coordinates and alarms, culminating in the provision of robust all-weather area surveillance capabilities. Against the backdrop of escalating terrorism and criminal activities, numerous governments worldwide are intensifying perimeter security measures across international borders, military installations, correctional facilities, and other sensitive locations.

With the advancement of Bring Your Own Device (BYOD) technology, businesses are progressively embracing mobile work strategies, mobilizing their workforce. This shift has led organizations to enlist security services to protect a spectrum of devices—smartphones, tablets, desktops, and laptops—against emerging cyber threats associated with the adoption of the BYOD model. As the BYOD paradigm extends beyond office boundaries, encompassing devices with remote access to corporate networks, the necessity to safeguard these endpoints intensifies alongside the internal workplace devices. This expanding landscape of device diversity and connectivity underscores the escalating demand for Intrusion Detection and Prevention Systems (IDPS) solutions within the market, poised for substantial growth due to the imperative need to fortify security measures across this evolving BYOD-driven ecosystem.

The prominence of North America in the perimeter intrusion detection systems market is undeniable, capturing more than 25.3% of the market share in 2022. Projections indicate a robust expansion at a CAGR of 13.3% throughout the forecasted years. This dominance can be attributed to the region's multitude of stable and well-established economies, fostering an environment conducive to significant investments and extensive research and development initiatives. Such favorable conditions facilitate the continuous innovation and creation of new technologies, amplifying the region's stronghold in the realm of intrusion detection and protection systems.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Intrusion Detection System Market
Buy Now GET FREE SAMPLE
Border Security System Market
Buy Now GET FREE SAMPLE
Security Analytics Market
Buy Now GET FREE SAMPLE
Edge Security Market
Buy Now GET FREE SAMPLE
Home Security Systems Market
Buy Now GET FREE SAMPLE
Artificial Intelligence In Security Market
Buy Now GET FREE SAMPLE
Commercial Security System Market
Buy Now GET FREE SAMPLE
Software Defined Perimeter (SDP) Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Perimeter Intrusion Detection Systems Market

Report ID: SQMIG45A2199

$5,300
BUY NOW GET FREE SAMPLE