Perimeter Intrusion Detection Systems Market 2020 by Current & Upcoming Trends | COVID-19 Effects
Global Perimeter Intrusion Detection Systems Market - Overview
Intrusion detection system or IDS is aimed at detecting attacks against computing systems and networks and have gained significance in the IT industry. Market Research Future (MRFR) has published an in-depth study on global intrusion detection system market, outlining the various factors that can impact the market over the assessment period of 2016-2022. MRFR has predicted the market to capture a steady CAGR and reach a significant valuation by the end of 2022.
Intrusion detection systems, for long, have been a topic for research & development and have gained mainstream popularity in the past few years. This has resulted in the progress of advanced intrusion detection systems. As enterprises are moving the majority of their critical business interactions to the internet, there is a heightened need to keep their computing resources secure.
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Additionally, growing sophistication of cyber-attacks and increased IT spending by companies has triggered demand within the intrusion detection system market. Cyber-attacks have been on the rise, and cyber attackers have continuously discovering new vulnerabilities or security gaps which could lead to potential breaches. various organizations are investing heavily in their IT infrastructure. In addition, government bodies and large business organizations are progressively adopting intrusion detection systems to protect their highly confidential data. Other factors fostering the growth of the market include growing consumer awareness and augmenting need for remote access arising from the deployment of cloud and wireless technology in security systems. Mounting demand from the BFSI sector to safeguard valuable articles along with increasing demand from the residential sector is likely to fuel the growth of the market over the forecast period.
On the contrary, the growth of the market might be impeded by a lack of awareness and high installation cost.
The global Perimeter Intrusion Detection Systems Market is classified on the basis of components, deployment type, verticals, and region. The component is segmented into hardware (sensors (seismic sensors, acoustic glass-break sensors, and shock sensors)), solution, services (managed services, maintenance & support, system integration & consulting, risk assessment & analysis), and others. The deployment type is further segmented into open area, buries, fence mounted, and others. The vertical is further segmented into aerospace, government & defense, transportation, industrial, commercial, and others. The region includes North America, Europe, Asia Pacific, and rest of the world.
The prominent players in the global perimeter intrusion detection systems market: Honeywell International Inc. (U.S.), Anixter International Inc. (U.S.), Schneider Electric (France), RBtec Perimeter Security Systems (U.S.), Advanced Perimeter Systems Limited (U.K.) Axis Communications AB (Sweden), Senstar Corporation (Canada), FLIR Systems, Inc. (U.S.), Tyco International PLC (U.S.), Southwest Microwave (U.S.), and among others
Market Research Analysis:
On geographic basis, the global perimeter intrusion detection systems market is classified into Americas, Europe, Asia Pacific, and Rest of world. It has been observed that the North American region is leading the global perimeter intrusion detection systems market. The perimeter intrusion detection systems monitor penetration of security fence, which is boosting the growth of the market. In this market, Europe is estimated to hold the second largest perimeter intrusion detection systems market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.
January 2018 - An advanced perimeter security system has been recently certified by the US Air Force. The fence-mounted system detects and locates any attempt to cut, climb or break through the fence and instantly triggers an alarm system. The Flex Zone technology was developed by the Canadian company Sen star to protect critical assets at bases worldwide. The intrusion detection sensor joins the company’s microwave-based and buried cable intrusion detection systems on the air force’s approved equipment list.
January 2018 - FLIR Systems, a manufacturer of thermal imaging infrared cameras, announces the release of its FB-Series, a thermal security camera for 24/7 perimeter security. The FB-Series combines thermal image detail and high-performance on-board video analytics in a single bullet-type form that is ideal for perimeter intrusion detection.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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