Security

Major Trends in the Intruder Alarm & Perimeter Protection Markets

Our recent report on Physical Security found that the world market for Intruder Alarm & Perimeter Protection products reached $6.62 Billion in 2016 and is grow at approximately 3.3% (CAGR) to 2022. This is a mature sector of the Physical Security market and is more dependent upon the fortunes of the industrial market. In terms of growth, it has lagged behind Video Surveillance and Access Control over much of the last 15 years. However the significant growth of new LED lighting systems in outdoor industrial complexes is helping to pull demand through for retrofitting new intruder alarm systems. These lighting systems are being installed to reduce electricity consumption and the wireless networks being set up are also being used for intruder security sensors. Video Surveillance systems have targeted Perimeter Defense Solutions particularly in the enterprise market. A good example of this is the Axis Perimeter Defender, which uses edge-based video analytics. These types of applications […]

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