Enhancing Security with Perimeter Intrusion Detection Systems: Technologies and Applications

The Business Research Company’s Perimeter Intrusion Detection System Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UK, June 19, 2024 /EINPresswire.com/ — The perimeter intrusion detection system (PIDS) market refers to a security measure designed to detect and respond to unauthorized entry into a defined perimeter. Employing sensors like motion detectors, infrared sensors, and video surveillance, PIDS monitors perimeters to trigger alarms or alerts upon breaches, thereby enhancing overall security and preventing unauthorized access.

Rapid Growth Driven by Increasing Security Concerns and Urbanization
The perimeter intrusion detection system market size has witnessed rapid growth, escalating from $16.39 billion in 2023 to an anticipated $19.36 billion in 2024, reflecting a compound annual growth rate (CAGR) of 18.1%. This growth is attributed to rising security concerns, urbanization, evolving threat landscapes, cost efficiency initiatives, and adherence to industry standards.

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Key Players and Market Trends
Major players such as Honeywell International Inc., Johnson Controls International plc, and Hangzhou Hikvision Digital Technology Co. Ltd., are at the forefront, focusing on developing advanced solutions to maintain a competitive edge. For instance, Bandweaver Technologies launched ZoneSentry, leveraging fiber-optic sensing technology for effective perimeter protection.

Trends Driving Market Growth
In the forecast period leading to 2028, the market is expected to expand to $38.03 billion with a CAGR of 18.4%, driven by trends like smart sensors, IoT integration, cloud-based solutions, cybersecurity emphasis, and demand for wireless systems.

Perimeter Intrusion Detection System Market Segments
• Component: Hardware, Software, Services
• Deployment: Barrier-Mounted, Ground-Based, Free-Standing, Rapidly Deployable
• Organization Size: Large Enterprises, Small And Medium-sized Enterprises (SMEs)
• Industry Vertical: Critical Infrastructure, Military And Defense, Government, Transportation, Industrial, Correctional Facilities, Commercial, Other Industry Verticals

Geographical Insights: Asia-Pacific Leading Growth
North America dominated the perimeter intrusion detection system market in 2023, while Asia-Pacific is expected to exhibit the fastest growth. The comprehensive report provides detailed insights into regional dynamics, market trends, and growth opportunities.

Access the complete report for an in-depth analysis of the global perimeter intrusion detection system market:
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Perimeter Intrusion Detection System Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Perimeter Intrusion Detection System Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on perimeter intrusion detection system market size, perimeter intrusion detection system market drivers and trends, perimeter intrusion detection system market major players, competitors’ revenues, market positioning, and market growth across geographies. The perimeter intrusion detection system market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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