USD 4.8 billion
Global 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) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2199 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
120 |
Figures:
77
Global Perimeter Intrusion Detection Systems Market Insights
Global 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).
Governments worldwide have embarked on ambitious endeavors to elevate security standards across various locations, with recent emphasis placed on upgrading security at ministers' residences. Plans are underway to implement advanced perimeter intrusion detection systems equipped with the latest sensors capable of detecting intrusion attempts within a sprawling 2.8-kilometer radius. This concerted effort by governments to fortify security measures through the deployment of cutting-edge technologies underscores a broader trend. The collective pursuit of multiple initiatives geared towards enhancing perimeter intrusion detection systems not only signifies a proactive stance on security but also presents a promising landscape rife with opportunities for significant revenue growth within the perimeter intrusion detection systems market.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Services
Growth Rate
6.11% CAGR
Global Perimeter Intrusion Detection Systems Market ($ Bn)
Country Share for North America Region (%)
Global Perimeter Intrusion Detection Systems Market By Component (%)
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Global Perimeter Intrusion Detection Systems Market Segmental Analysis
Perimeter intrusion detection systems market is segmented on the basis of component, type, deployment mode and region. Based on component, the intrusion detection system market is segmented into solutions and services segments. Based on verticals, the perimeter intrusion detection systems market segmentation includes aerospace, government & defense, transportation, industrial, and commercial. On the basis of type, the intrusion detection system market is segregated into network-based, wireless-based, network behavior analysis and host-based segments. Based on deployment mode, the intrusion detection system market is segmented into cloud and on-premises sub segments. Based on deployment type, the perimeter intrusion detection systems Market segmentation includes open areas, buries, and fence mounted. Based on region, the global intrusion detection system market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Component
In the forecast period, the solution segment is poised for substantial market expansion across its components. Within the realm of cybersecurity, firms offer Intrusion Detection and Prevention Systems (IDPS) either as a service or as a comprehensive solution. The escalating sophistication of modern cyber threats presents an ongoing challenge for businesses. Despite deploying an array of security technologies, the persistent success of advanced threats and malware in breaching enterprise networks remains a significant concern.
The IDPS market comprises three fundamental segments: hardware, software, and services. These components are integral in furnishing capabilities for both detecting and preventing intrusions within networks, boasting straightforward installation processes. Security technology providers offer these elements either as standalone solutions or seamlessly integrate them into an organization's existing security infrastructure. Furthermore, these suppliers often complement their solutions with supporting services, assisting businesses in the practical implementation of such security measures.
Analysis by Deployment
The open area segment has emerged as a dominant force within the market, primarily due to its distinct advantage of not necessitating any physical installation. This category of systems operates seamlessly without the need for specific physical infrastructure, setting it apart from other segments within the market. Leveraging innovative technology, these Open Area systems facilitate comprehensive surveillance and detection across expansive regions without the constraints associated with physical installation requirements. This flexibility not only ensures ease of deployment but also contributes significantly to their widespread adoption, making them a preferred choice for users seeking efficient and hassle-free security solutions across various operational landscapes.
The buried segment has emerged as a dominant force within the market due to its unique advantage of not requiring any physical installation. These systems operate effectively without the need for specific physical infrastructure, setting them apart within the market landscape. Harnessing innovative technology, Buried systems offer comprehensive surveillance and detection capabilities without the constraints typically associated with physical installation requirements. This flexibility in deployment not only ensures ease of use but also contributes significantly to their widespread adoption, making them a preferred choice for users seeking efficient and convenient security solutions across various operational environments.
Global Perimeter Intrusion Detection Systems Market By Component, 2022 (%)
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Global Perimeter Intrusion Detection Systems Market Regional Insights
The prominence of North America in the perimeter intrusion detection systems market is undeniable, capturing more than 25.3% of the global 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.
Asia Pacific has emerged as a key market for manufacturers specializing in detection systems. Factors such as border intricacies and the presence of tensions and militant activities have significantly amplified the demand for heightened perimeter security and surveillance solutions in this region. The pressing need for advanced technological capabilities to combat terrorism and cross-border trespassing activities has become a primary driver behind governments' increased investments in bolstering border security measures.
Global Perimeter Intrusion Detection Systems Market By Region, 2024-2031
- Largest
- Fastest
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Global Perimeter Intrusion Detection Systems Market Dynamics
Drivers
Rise in the Adoption of Perimeter Intrusion Detection Systems
- 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.
Restraints
Shortage of Trained Professionals
- The perimeter intrusion detection systems market faces notable challenges that could impede its growth trajectory. A significant restraint arises from a shortage of trained professionals or skilled expertise proficient in managing and maintaining these intricate systems. Additionally, the escalating false alarm rate poses another hurdle, dampening the market's growth prospects. The proliferation of false alarms undermines the efficacy of these systems, impacting user confidence and necessitating resource-intensive verification processes.
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Global Perimeter Intrusion Detection Systems Market Competitive Landscape
The competitive environment of the global 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.
Top Player’s Company Profiles
- Tyco International Ltd. (Johnson Controls International Plc)
- Bosch Security Systems (Robert Bosch GmbH)
- 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
Recent Developments
- 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.
Global Perimeter Intrusion Detection Systems Key Market Trends
- 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.
Global Perimeter Intrusion Detection Systems Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. Global Perimeter Intrusion Detection Systems marketplace analysis exhibits a dynamic marketplace with some of standout developments and problems. The internet's utilization as a platform for deliberate, politically motivated assaults on endpoints, networks, and crucial IT infrastructures leads to substantial data losses for individuals, businesses, and governmental entities during significant cyberattacks globally. With the exponential surge in digital transactions spanning various sectors worldwide, cybercrimes are becoming increasingly prevalent. This uptick in malicious activities has significantly contributed to the escalation of enterprise data breaches and leaks, thereby propelling the market demand for intrusion detection and prevention systems. The pressing need to safeguard against these growing threats has become a driving force behind the increasing adoption of such cybersecurity solutions across industries.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.8 billion |
| Market size value in 2031 | USD 8.19 billion |
| Growth Rate | 6.11% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Perimeter Intrusion Detection Systems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Perimeter Intrusion Detection Systems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Perimeter Intrusion Detection Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Perimeter Intrusion Detection Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Perimeter Intrusion Detection Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Perimeter Intrusion Detection Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Perimeter Intrusion Detection Systems Market Report Snapshots
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