Perimeter Intrusion Detection Systems Market Research Report- Global Forecast till 2027

Perimeter Intrusion Detection Systems Market Information By Components (Service, Solution), Deployment Type (Open Area, Buries, Fence Mounted), Verticals (Aerospace, Government & Defense, Transportation, Industrial, Commercial) - Forecast Till 2027

ID: MRFR/SEM/3232-HCR | February 2021 | Region: Global | 100 pages

Perimeter Intrusion Detection Systems Market Overview:
The global perimeter intrusion detection systems market is expected to grow at a CAGR of 6% for the period between 2017 to 2023. Owning to the global concern over security more than ever before, the market for perimeter intrusion detection systems (PIDS) is gaining momentum for the last couple of years. High-tech security systems were conceived as a necessary arrangement for the elite premises before. But several threats in the market have provoked the need for PIDS in business enterprises, commercial buildings, healthcare institutions, IT and communication hubs, etc.


The PIDS technology includes ensemble arrangements like fiber-optic video surveillance devices, motion sensors, night vision cameras, etc. The whole package of this equipment is a full-proof security system that provides ultra-security to the concerned premises. This sophisticated system is based on end-to-end detection facilities. The PIDS market is growing at a brisk pace on reliance on video analytics purposes, motion detection facilities, radar surveillance, electromagnetic sensing, etc. In the coming years, the market is supposed to grow at a rapid speed.            


COVID-19 Analysis:
Since the COVID-19 has fallen on the world, it has created complications in several ways. Apart from being a global health calamity, infectious disease has invited a lot more problems also. The rising number of deaths has forced the Government administrations of all the countries to enforce a complete shutdown or lockdown in the countries for several months. Depending on the penetration of the disease, the lockdowns in different countries vary from one another. The perimeter intrusion detection systems (PIDS) market has faced multi-layered impact due to the dame.


Lockdowns in several countries have disrupted the manufacturing process for months in the global scenario. Since major manufacturing works happen in the highly populated developing countries, it took a much longer time to get back to normalcy in terms of production in these countries. Also, the unavailability of a trained workforce for installation, management, and maintenance of the PIDS has impacted the market greatly. Although, the majority of the corporate offices are forced to conduct work-from-homes due to lockdowns. Handling of sensitive data from an unsecured location has provoked new scopes for the perimeter intrusion detection system – PIDS.  


Perimeter Intrusion Detection Systems Market Dynamics:
Drivers:
One of the major market drivers for installing PIDS is the growing security breaches even from the premier administrative institutions. There are several reasons why a premier institution needs these kinds of security systems. The perimeter intrusion detection systems are serving the Government buildings, minister residencies, apartments of celebrities, residential places of industrialists, and other VVIPS for years now. But latest versions of these sophisticated systems are appropriate for all kinds of the worthy perimeter. To reduce the human workforce from the premises, many corporations and individuals have turned to PIDS technology. 


There has been a steady increase of territorial conflicts between corporations, threats from fringe elements, in-campus infiltration activities, etc. Owning these threats, many institutions are seeking the help of these high-tech PIDS arrangements. The perimeter intrusion detection market is going to gain rapid growth based on these factors.             


Opportunities:
Since the intruders are getting accustomed to new breaching techniques, the security developers have improved the facilities with modern technologies. The end-to-end video surveillance system, improved security codes, and the use of cloud technology has improved the efficiency of these systems a lot. The advancement in the internet of things (IoT) technology and artificial intelligence (AI) have invited more scope for better security facilities. The perimeter intrusion detection systems market is on the verge of massive growth owing to these new technologies. 

Smart security systems can be operated more efficiently without any human staff from remote locations. Face detection, voice recognition, etc features are going to make the PIDS more user-friendly. Automation facilities, custom alert settings, sonar and radar sensors, GPS, and many more facilities make the system more stringent and unbreakable than before. Technological advancement is a massive growth factor for the perimeter intrusion detection systems industry. Remote access to the facilities gives more flexibility to the end-users. That is why there is better hope in the future for PIDS.     


Restraints:
The PIDS is not unlike other security facilities. It is a premier set up for the Government authorities, and other VVIPs. The package of PIDS is expensive for the average consumer. The technology, equipment, and software solutions are pricey. So, a lot of average consumers take steps back due to the affordability matter. This price constraint is a major obstacle in front of the perimeter intrusion detection systems market size. 

Also, there is a prominent lack of trained professionals in the market. The PIDS technology heavily relies on the maintenance and servicing units. Without proper maintenance, it is hard for the market to create interest in the product. Users are looking for better maintenance facilities and they want to curb the operational costs. So, the unavailability of trained personnel leads to the lowering of perimeter intrusion detection systems demands. The lack of knowledge, awareness and technological information is also a leading cause behind the lack of interest in PIDS.    


Challenges:
One of the primary challenges for any security system is that hackers and criminals are eventually going to crack the codes and way-outs to breach the system. Since the wireless technology is controlled over the internet, there comes another challenge malware in the system. A complicated computer virus or intruder can corrupt the entire perimeter intrusion detection systems software. Apart from the threat of break-ins, there are other challenges too.

The present market is suffering from annoying numbers of false alarms. This disturbing issue needs to be taken care of by the developers to retain the customers. Also, the invention of newer technologies will doom the present PIDS if not up-graded on time. The perimeter intrusion detection market is obligated to get rid of these challenges to witness significant growth in the coming future.   


Cumulative Growth Analysis:
Despite the hardships, the global market is recording promising data in the last couple of years. According to the latest forecasts, the market is growing at a CAGR of 6% for the forecast period of 2017 to 2023. Based on the present market trends, the net valuation of the PIDS industry is going to reach USD 6 billion by the end of the forecast period. The latest perimeter intrusion detection systems trends suggest that the video surveillance segment of the PIDS is the largest revenue-earner for the ongoing forecast period. 

It is also noteworthy that the investments in Governmental security assets have risen dramatically in different countries over the last few years. The threat to governmental assets has been rising due to antisocial and terrorist activities. So, for better surveillance and ease in the investigations, the use of PIDS has increased a lot.    


Value Chain Analysis:
The PIDS technology heavily relies on the service sector. Since the majority of the end-users come from high-end social positions, the distribution channels are very important to the success of the global business. The majority of the retaining of these products happens through branded It solution hubs, security servicing enterprises, online service websites, etc. The perimeter intrusion detection system manufacturers have to rely on these distribution channels. The end-users get the services mostly from third-party servicing entities.    

Perimeter Intrusion Detection Systems Market Segment Overview:
The global market for PIDS products can be fragmented into different segments. Based on the components, industry verticals, type of deployment, regions, etc, there can be multiple subsegments as well. 


Perimeter Intrusion Detection Systems Market Segments Based on Components:
Hardware:



  • Seismic sensors 

  • Acoustic glass-break sensors 

  • Shock sensors 

  • Other solutions 


Solution-Services: 



  • Managed services 

  • Maintenance and support

  • Consulting and system integrations 

  • Risk assessment and analysis 

  • Others   


Perimeter Intrusion Detection Systems Market Segments Based on Deployment Types: 



  • Open area

  • Buried 

  • Mounted on fences 

  • Others


Perimeter Intrusion Detection Systems Market Segments Based on Verticals:



  • Aerospace

  • Government authorities 

  • Defense 

  • Transportation

  • Industrial

  • Commercial 

  • Others 


Perimeter Intrusion Detection Systems Market Segments Based on Regions:



  • North America 

  • Europe 

  • Asia Pacific 


Perimeter Intrusion Detection Systems Market Regional Analysis:
Due to the technological advancements, and high-income resources, the North American region is the largest market for PIDS. The global market contributors are the US, Canada, Mexico, UK, Germany, France, Italy, Japan, China, India, etc. The Asia Pacific (APAC) countries are fast emerging participants in the global competitive scenario. The countries like China, India, Japan, etc are going to be the fastest-growing region in the coming years.    


Perimeter Intrusion Detection Systems Market Competitive Landscape:
The major key players in the global market are: 



  • Honeywell International Inc. (US)

  • Schneider Electric (France) 

  • Anixter International Inc (US)

  • RBtec Perimeter Security Systems (US)

  • Advanced Perimeter Systems Limited (UK) 

  • Axis Communications AB (Sweden) 

  • Senstar Corporation (Canada) 

  • FLIR Systems Inc. (US) 


Perimeter Intrusion Detection Systems Market Recent Developments:



  • In 2016, the Senstar Corporation had launched an advanced variant of FiberPatrol-ZR, which has the latest zone-reporting intrusion detection solution that is mounted on the fences. It is capable of creating a virtual zone after detecting an intruder.   


Perimeter Intrusion Detection Systems Market Report Overview: 
This report contains detailed discussions on the perimeter intrusion detection systems market growth, size, trends, opportunities, etc. 


Perimeter Intrusion Detection Systems Market Report Period:



  • Historic: 2017

  • Base: 2021

  • Forecast: 2023


Perimeter Intrusion Detection Systems Market Report Demography: 



  • North America 

  • Europe 

  • APAC



Frequently Asked Questions (FAQ) :


The global perimeter intrusion detection systems market size can reach USD 6 billion by 2023.

The global perimeter intrusion detection systems market can display a CAGR of 6% from 2017 to 2023.

Huge demand for system security technologies and adoption of fiber optics technology can drive the global perimeter intrusion detection systems market.

North America can lead in market revenue in the global perimeter intrusion detection systems market.

Axis Communications AB, Southwest Microwave, Honeywell International Inc., Advanced Perimeter Systems Limited, Anixter International Inc., FLIR Systems, Inc., Tyco International PLC, Schneider Electric, Senstar Corporation, and RBtec Perimeter Security Systems are key players of the global perimeter intrusion detection systems market.