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Perimeter Security Market is to Reach USD 186330 Million by 2028 with a CAGR of 6.9% | Valuates Reports

Retrieved on: 
Tuesday, May 31, 2022
Theft, Intrusion detection system, City, AI, Prison, Government, PIDS, Consortium for Research on Renewable Industrial Materials, USD, Access control, Workplace, UK statutory notification system, Defense, Security, Commercial, Time, Perimeter security, Technology, Perimeter, CAGR, Growth, Prevalence, Art Nouveau religious buildings, IP, Construction, Video game, Risk management

The Perimeter Security Market size is estimated to be worth USD 124860 million in 2022 and is forecast to a readjusted size of USD 186330 million by 2028 with a CAGR of 6.9% during 2022 - 2028.

Key Points: 
  • The Perimeter Security Market size is estimated to be worth USD 124860 million in 2022 and is forecast to a readjusted size of USD 186330 million by 2028 with a CAGR of 6.9% during 2022 - 2028.
  • The expansion of the perimeter security market will be driven by a rise in perimeter invasions, theft incidents, burglary, cross-border terrorism, illegal immigration, and other intrusions.
  • The perimeter security market is being driven by an increase in the development of smart cities and infrastructure.
  • The government's support for implementing various security systems at vital locations is growing, which will accelerate the implementation of perimeter security.

Perimeter Security Market is to Reach USD 186330 Million by 2028 with a CAGR of 6.9% | Valuates Reports

Retrieved on: 
Tuesday, May 31, 2022
Theft, Intrusion detection system, City, AI, Prison, Government, PIDS, Consortium for Research on Renewable Industrial Materials, USD, Access control, Workplace, UK statutory notification system, Defense, Security, Commercial, Time, Perimeter security, Technology, Perimeter, CAGR, Growth, Prevalence, Art Nouveau religious buildings, IP, Construction, Video game, Risk management

The Perimeter Security Market size is estimated to be worth USD 124860 million in 2022 and is forecast to a readjusted size of USD 186330 million by 2028 with a CAGR of 6.9% during 2022 - 2028.

Key Points: 
  • The Perimeter Security Market size is estimated to be worth USD 124860 million in 2022 and is forecast to a readjusted size of USD 186330 million by 2028 with a CAGR of 6.9% during 2022 - 2028.
  • The expansion of the perimeter security market will be driven by a rise in perimeter invasions, theft incidents, burglary, cross-border terrorism, illegal immigration, and other intrusions.
  • The perimeter security market is being driven by an increase in the development of smart cities and infrastructure.
  • The government's support for implementing various security systems at vital locations is growing, which will accelerate the implementation of perimeter security.