Perimeter Security Market Analysis Report By System, By Service, By End Use And Segment Forecasts From 2019 To 2025

Report ID: MN17619971  |  Published: July 2020  |  No of Pages: 243
Format: Electronic (PDF)  |  Industry: Military Aerospace & Defense

Industry Insights

The global perimeter security market size is accounted for USD 17.7 billion in 2018 and is projected to grow with a CAGR of 7.7%, during the forecast period, 2019 to 2025. Increasing terrorism activities across the world and a growing number of cross-border infringements have compelled governments to increase the border security force and safeguard the nation, which, in turn, is expected to drive market growth in the forthcoming years. Additionally, the rising number of authentications solutions such as video surveillance, notification, and alarms systems, biometric & facial access systems, and perimeter intrusion detection systems, in order to secure the perimeter infrastructures from physical attacks are some of the new technologies that are available to enhance. These advancements in security features are anticipated to boost the market growth during the forecast period, 2019 to 2025. 

The growing infrastructure development and the incorporation of advanced technologies like IoT in security systems are projected to fuel the market growth in the upcoming years. Additionally, government supportive policies for the implementation of security systems at critical locations are expected to support market growth. Furthermore, technological advancements in the area of automation have led to an increase in the adoption of the latest technologies such as aerial drones, video analytics, and artificial intelligence, etc. Thus, projected to enhance the capabilities of perimeter security systems which in turn is expected to fuel the market growth in the upcoming years.

U.S. perimeter security market

The increasing number of perimeter intrusion incidents such as security breaches, vandalism, and data breaches has forced organizations to implement the perimeter security systems such as biometric and facial authentication while entering office premises. Additionally, public sectors such as military and government facilities, have serious concerns about the confidentiality of files or information, as a result, this has compelled them to deploy the advanced perimeter security system. Further, commercial and industrial sites are also deploying various advanced technologies in perimeter security systems, in order to protect their physical assets and confidential data. For instance, in 2019, as per the independent agency's reports, the Asia Pacific and Europe regions have seen a substantial rise in the crime rate and terrorism activities. Thus, forcing governments to deploy advanced security systems, this, in turn, is expected to amplify the market growth over the forecast period.

Rising security concerns among people have forced manufactures to develop multilayered perimeter security solutions. Some of the popular technologies are electronic fencing embedded with infrared lights and sensors and also integrated with fiber-optic detection systems. In the recent past, there has been a rapid rise in planned crimes, terrorism activities, and breaches of security systems, which has raised security concerns among people, governments, and industries. As a result, forcing them to deploy the smart perimeter security systems. Thus, expected to boost the market growth in the forthcoming years.

System Insights

The system segment is bifurcated into access control, alarms & notification, intrusion detection, video surveillance, barrier, and others. The video surveillance segment held the largest market revenue share and accounted for USD 6.2 billion, in 2018. The segment is also projected to grow at the fastest CAGR from, 2019 to 2025. Rising demand for video monitoring, in order to enhance the security of organizations, government, and military premises are expected to fuel the segment growth in the upcoming years. The video surveillance system consists of a CCTV camera, video analytics, and advanced video devices, which can connect with multiple devices. Furthermore, easy installation and numerous applications are increasing the adoption of these systems. Thus, projected to drive the segment growth over the next few years.

Video surveillance is an important part of the perimeter security systems in organizations and commercial places like stores, malls, etc., in order to reduce the theft of merchandise, valuable information, and vandalism of property. These advantages are forcing commercial enterprises to deploy the video surveillance system, which, in turn, is expected to boost the segment growth in the forthcoming years. Further, these systems are equipped with alarm & notification and wireless connectivity features, which can be integrated with smart devices like tablets, laptops, and smartphones. This enables the security notification and perimeter video surveillance on the go and alerts them to take actions to prevent a breach in security or unauthorized intrusion.

End-use Insights

The end-user segment has been segmented into government, military & defense, transportation, commercial, industrial, and others. The rising population and growing trends for shopping and outing, along with a growing number of large entertainment centers like cinema halls, music shows, and concerts at various locations, are creating a huge demand for perimeter security solutions. Thus, projected to fuel the segment growth in the upcoming years. The transport segment is projected to see significant growth over the forecast period, owing to rising applications in freight cars, cargo vehicles, and railways, in order to protect the valuable assets on board.

The government segment has accounted for USD 2.2 billion, in 2018 and is expected to see substantial growth during the forecast period. Rising concerns and awareness about the security of government sites and offices are fuelling perimeter security solutions. The military & defense segment is also increasing the implementation of intelligent security systems as it can detect any intrusion in confidential areas. Further, it safeguards and continuously monitors the commercial & residential buildings and improves perimeter security with the help of biometrics-based smart locks, CCT cameras, and video surveillance. This is expected to drive the perimeter security market growth in the coming years.

Service Insights

The service segment has been segmented into system integration & consulting, risk assessment & analysis, managed security services, and maintenance & support. The system integration and consulting services segment are expected to see significant growth during the forecast period, 2019 to 2025. This growth can be attributed to rising awareness about perimeter security systems and the growing incorporation of advanced technologies, which requires continuous updates and skilled individuals. Additionally, the rising integration of various advanced technologies with security systems improves the accuracy and decision-making capabilities. Furthermore, it improves the business operational efficiency and enhances the functional workflow of companies through accessing real-time data and reducing intrusions.

Europe perimeter security market

The risk assessment and analysis segment has accounted for USD 797.8 million, in 2018 and is projected to see substantial growth during the forecast period, 2019 to 2025. The demand for managed security among large enterprises is very high, as service providers offer complete security management solutions. Additionally, it reduces the infrastructure cost, manpower requirements and provides continuous security updating and monitoring. Thus, projected to fuel the segment growth in the forthcoming years.

Regional Insights

The North American market held the largest perimeter security market share in terms of revenue, accounting for USD 5.6 billion, in 2018. The growing number of theft activities in stores, criminal activities, and illegal immigration are some of the key driving factors for the market growth in this region. Additionally, the strong presence of advanced technology manufacturing companies and continuous research & development activities in perimeter security is projected to boost the region's market growth. Furthermore, the rising adoption of smart homes and increasing applications of IoT technology in different industries are expected to bolster the regional market growth in the upcoming years.

Asia Pacific market is projected to see significant growth during the forecast period, 2019 to 2025, owing to growing infrastructural development in the various industries such as aviation, BFSI, commercial & residential buildings, healthcare, military, and government facilities. Additionally, rapid urbanization, stringent regulations regarding safety & security, and technological advancements in emerging economies such as China, Japan, India, and Australia are projected to boost the market growth in the region. Furthermore, the growing number of large, medium and small enterprises in the region is creating a huge demand for physical security measures. Thus, projected to amplify the regional market growth in the forthcoming years.

Impact of COVID-19

The COVID-19 pandemic has created new opportunities for this market, owing to the growing adoption of security solutions such as video surveillance, analytics, CCTV cameras, thermal cameras, and smart alarms & notifications systems. These solutions help in adhering to the government rules & regulations for social distancing and avoiding physical contact. Moreover, the security solutions also help in monitoring & tracking the patients as well as the quarantine people. Furthermore, as the complete lockdown has been imposed by the government across the globe, the demand for perimeter security solutions in commercial spaces such as malls, retail stores, corporate buildings, and warehousing centers is increasing. Thus, fuelling the demand for wireless security systems such as video surveillance systems, video analytics, and intruder alarming systems. Additionally, the post-COVID-19 pandemic, the up-gradation demand for physical security solutions in schools, universities, and colleges will rise, in order to maintain the social distancing and avoid touching the physical things like biometric. Furthermore, the demand for thermal cameras is increasing substantially, owing to high demand in densely populated areas such as railway stations, commercial complexes, manufacturing plants, and airports. These factors are expected to upsurge the demand for perimeter security solutions in the upcoming years.

Perimeter Security Market Share Insights

Key companies in the market are Anixter International Inc.; Optex, Inc.; Axis Communications AB; Honeywell International, Inc.; Tyco International Ltd.; Barrier1 Systems, Inc.; Senstar Corporation; Cias Elettronica Srl, Delta Scientific Corporation; Puretech Systems; and various others. The market players are adopting various competitive strategies collaborations, partnerships, agreements, mergers & acquisitions, and product launching, in order to gain a competitive advantage over other players in the market. For example, Axis Communications AB has done a partnership with Deodrane in April 2017. Deodrane is a leading player in surveillance cameras and drone detection solutions. Further, with the help of this partnership, the company will provide airspace security for organizations, civilians, and government facilities. This will help the company in gaining a larger market share and gain a competitive edge in the market. 

Report Scope



The base year for estimation


Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million, CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, France, U.K., Germany, India, Japan, China, Brazil, and Mexico

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights has segmented the global perimeter security market report on the basis of system, service, end-use, and region:

• System Outlook (Revenue, USD Million, 2014 - 2025)
    • Access Control Systems
    • Alarms & Notification Systems
    • Intrusion Detection Systems
    • Video Surveillance Systems
    • Barrier Systems
    • Others

• Service Outlook (Revenue, USD Million, 2014 - 2025)
    • System Integration & Consulting
    • Risk Assessment & Analysis
    • Managed Security Services
    • Maintenance & Support

• End-use Outlook (Revenue, USD Million, 2014 - 2025)
    • Government
    • Military & Defence
    • Transportation
    • Commercial
    • Industrial
    • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
    • The Asia Pacific
        • China
        • Japan
        • India
    • Latin America
        • Brazil
        • Mexico
    • Middle East and Africa (MEA)

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