(EMAILWIRE.COM, October 06, 2018 ) The Global Perimeter Security Market was valued at USD 98.65 billion in 2016 and is projected to reach USD 281.36 billion by 2025, growing at a CAGR of 12.35% from 2017 to 2025.

Perimeter security is a term used to define technologies and systems that protect businesses, people, and assets that are located within a ground by blocking unauthorized access (such as by physical intrusions). This technology is traditionally used to detect and prevent intrusions in facilities such as high-risk areas, critical infrastructure, and military facilities. Nowadays this technology can also be used in areas such as residential and commercial sites, transportation sites, retail spaces and several remote and urban locations.

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With the growing urban infrastructure, there is an increase in the number of perimeter intrusions, leading to property damage and data theft. This leads to the emergence of video surveillance and next-generation integrated systems for perimeter security. The complexities with incorporating advanced technology with the specific already existing technology, providing high detection with low false alarm rates, high operational costs and the poor security skills and lack of expertise lead to restraint in the market for perimeter security.

Competitive Landscape:

The major players in the market are as follows:

Cias Elettronica
Puretech Systems, Inc
Bosch Security Systems
Honeywell International Inc.
Southwest Microwave, Inc.
Senstar Corporation
United Technologies Corporation
Hangzhou Hikvision Digital Technology Co., Ltd
Johnson Controls International PLC
Axis Communications AB
Rbtec Perimeter Security Systems
Dahua Technology Co., Ltd.
Fiber Sensys, Inc.

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