The factors that have brought perimeter security market trends 2018 are higher urban infrastructure across the globe, growing technological advancement, growing prevalence of terrorism, escalation in perimeter intrusions and strict government rules have favored the market growth. Government rules and regulations have stressed on securing critical infrastructural sites such as nuclear power and research plants, oil and gas fields, chemical industries, and defense sites have helped grow global perimeter security market. The accuracy offered along with reduced manpower costs by technological perimeter solutions will further propel the market growth. However, economic slowdown, lack of technical expertise and awareness, high investment cost & maintenance requirements may hinder the overall market growth. Due to deterred revenues in various industries, firms tries to curb the additional costs for advanced security solutions. But, there is notable opportunity with development of next-generation integrated systems and rapid use of video analytics.

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The region with largest market share of global perimeter security is North America owing to the rising security need as higher cases of criminal and terrorist are encountered. In addition to that, strict government rules for security and safety along with technological advancements are boosting the market. The dominant countries of APAC perimeter security market are Japan, China and India. Companies of these region have adopted effective business strategies to have competitive advantage.

The global perimeter security market is segmented on the basis of industry vertical, type, geography and service. Based on type of perimeter security systems is classified as alarms and notifications, access control systems, video surveillance systems, radar and intrusion detection systems among others. The industry vertical served include military and defense, manufacturing, hospitality, BFSI, retail, critical infrastructure and several other sectors.

On the basis of application, the global perimeter security systems and solutions market is classified into system integration consultancy, video surveillance systems and commercial and transport facilities. In the upcoming years, the transport and commercial facilities segment is anticipated to take the command of market. With mounting usage of video surveillance cameras for perimeter security, the market has registered the highest growth rate. Among end-users such as hazardous industries, oil and petrochemical industries, and power stations, numerous technologically advanced solutions including thermal and sensors imaging are being combined into the perimeter security solutions.

The key market players of global perimeter security market are eyeing the small-scale business for acquisition. Other significant strategies adopted by prominent players in the region include joint ventures to improve their market presence and broaden their product portfolio. Some of the main players operating the market include Senstar, Anixter, Tyco Systems, Axis Communications, Fiber SenSys, Southwest Microwave, United Technologies Corporation, RBtec Perimeter Security Systems, CIAS, Honeywell, United Technologies, and many others.

What to expect from the upcoming report on ‘Global Perimeter Security Market’:

- Future prospects and current trends of the global perimeter security market by the end of forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing economies

- Supportive initiatives by government likely to influence the market dynamics

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

- In-depth analysis of different market segmentations including regional segmentations, and product types

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market

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