Perimeter Security Market In North America 2024-2028
The perimeter security market in North America is forecasted to grow by USD 10.70 bn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the perimeter security market in North America 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 for perimeter security, rising adoption of cloud solutions, and technological advances in security systems.
Technavio's perimeter security market in North America 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
- By Geographical Landscape
- North America
This study identifies the integration of IoT with perimeter security systems as one of the prime reasons driving the perimeter security market in North America growth during the next few years. Also, increased spending on security solutions and mergers and acquisitions by market vendors will lead to sizable demand in the market.
The report on the perimeter security market in North America covers the following areas:
- Perimeter security market in North America sizing
- Perimeter security market in North America forecast
- Perimeter security market in North America industry analysis
The 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 in North America vendors that include Advanced Perimeter Systems Ltd., Canon Inc., Dahua Technology Co. Ltd., 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, and United Security. Also, the perimeter security market in North America 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.
The publisher 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 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.