Global Perimeter Intrusion Detection Systems Market Outlook 2030

A perimeter intrusion detection system (PIDS) consists of both hardware and software which is used to detect, track and monitor an unauthorized physical intrusion attempt in the perimeter of a secured area. It consists of cameras, biometrics, locks, sensors, wires and active infrared or microwave systems that are either fence installed or buried underground. The global perimeter intrusion detection systems market is anticipated to grow with a CAGR of 8.6% over the forecast period, i.e., 2020 - 2030. Factors such as the growing concern for rising incidences of robberies and thefts, along with the numerous initiatives taken by the government of nations worldwide for developing smart cities, and the increasing use of advanced technologies, such as artificial intelligence, internet of things (IoT), and machine learning, are anticipated to drive the market growth during the forecast period. The market is estimated to garner a revenue of about USD 59790 Million by the end of 2030, up from a revenue of close to USD 26320 Million in the year 2020.

The global perimeter intrusion detection systems market is segmented by numerous segments, which include segmentation by component, deployment type, communication technology, installation, end-user, industry-vertical, and by region. On the basis of deployment type, the market is segmented into buried/invisible, fence mounted, and open-area/freestanding. Out of all these segments, in the year 2020, the open-area/freestanding segment generated the largest revenue of around USD 14260 Million. This is further projected to reach a value of over USD 32150 Million by the end of 2030.

On the basis of geographical analysis, the global perimeter intrusion detection systems market is segmented into buried/invisible, fence mounted, and open-area/freestanding. Amongst these, the open-area/freestanding segment is anticipated to generate the largest revenue of over USD 32150 Million by the end of 2030, up from a revenue of close to USD 14260 Million in the year 2020.

Some of the prominent industry leaders in the global perimeter intrusion detection systems market that are included in our report are Bosch Security Systems, LLC, Johnson Controls, Inc., Honeywell International Inc., Axis Communications AB, RBtec Perimeter Security Systems, Southwest Microwave, Inc., Fiber SenSys, Inc., Senstar Corporation, Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., ZKTECO CO., LTD., and others.