Perimeter Security Market In North America 2023-2027
Technavio has been monitoring the perimeter security market in North America and is forecast to grow by USD 9,657.51 mn during 2022-2027, accelerating at a CAGR of 7.85% during the forecast period. Our report on the perimeter security market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand from financial institutions, rising adoption of cloud solutions, and technological advances in security systems.
Technavio's perimeter security market is segmented as below:
By Product
- Surveillance systems
- Access control systems
- Alarms and notification systems
By Service
- System integration and consulting
- Risk assessment and analysis
- Managed security services
- Maintenance and support
This study identifies the integration of IoT with perimeter security systems as one of the prime reasons driving the perimeter security market growth during the next few years. Also, increased spending on security solutions and m and a by market vendors will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the perimeter security market covers the following areas:
- Perimeter security market sizing
- Perimeter security market forecast
- Perimeter security market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading perimeter security market vendors that include Advanced Perimeter Systems Ltd., Canon Inc., Fiber SenSys Inc., Honeywell International Inc., Johnson Controls International Plc, Motorola Solutions Inc., Panasonic Holdings Corp., Pivotchain Solution Technologies, Prisma Photonics Ltd., PureTech Systems Inc., Rbtec Inc., Robert Bosch GmbH, SCYLLA TECHNOLOGIES INC., Senstar Technologies Ltd., SightLogix Inc., Southwest Microwave Inc., Teledyne Technologies Inc., Thales Group, United Security, and Zhejiang Dahua Technology Co. Ltd. Also, the perimeter security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.