Report ID: SQMIG45J2252
Report ID:
SQMIG45J2252 |
Region:
Global |
Published Date: December, 2024
Pages:
173
|
Tables:
97 |
Figures:
66
North America is dominating with the largest perimeter security market share. The perimeter security market is growing rapidly owing to an increased requirement for upgraded security systems in critical infrastructure, and defense segments. The region has a strong technology ecosystem that enables the implementation of advanced solutions such as real-time monitoring systems and AI-backed surveillance. The stringent regulations for security infrastructure from the U.S. and Canada are another major factor attributing to the adoption of the IoT security infrastructure. The growth of the market is also driven by government efforts to upgrade border security and safeguard open spaces. The increasing proliferation of smart cities and high dependence on cloud-based perimeter security solution is further presenting lucrative growth opportunities for the regional market. High investments in research and development from key players to meet evolving is expanding the perimeter security market.
The Asia-Pacific market is witnessing the fastest growth in the perimeter security market. The Asia Pacific perimeter security market is also expanding rapidly due to the region's increasing concerns regarding regional security threats and the need for critical infrastructure protection. Countries with increasing economies such as China and India are investing on a massive scale on infrastructure projects, which is, in turn, driving demand for advanced perimeter security systems. The growth of urbanization and industrialization has increased the demand for protecting residential and commercial properties, thereby propelling the adoption of video surveillance, perimeter intrusion detection, and access control systems. Market growth is also fueled by the implementation of various national security policies by regional governments. This fast-changing market landscape is providing the market with immense opportunities for growth.
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Report ID: SQMIG45J2252