- The key vendors in the global perimeter intrusion prevention systems market 2015-2019 are Axis Communications, Bosch Security Systems, Honeywell Security, Qognify and Tyco.
London, 02 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global perimeter intrusion prevention systems market 2015-2019. Many vendors in the market are developing solutions to cater to the specific needs of customers. Customized perimeter intrusion prevention solutions include control of access of personnel, maintenance of 24/7 on-site operations, security policy management, provision of a detailed reporting system, badge management, and maintenance of metal detection systems and scanner options. The global perimeter intrusion prevention systems market is expected to grow at a CAGR of 8.54% during the forecast period of 2014-2019.
The adoption of perimeter intrusion prevention systems is high in case of critical infrastructure such as oil and gas industries, manufacturing industries, water treatment plants, and nuclear plants. The increase in the number of thefts and unlawful activities in residential and commercial buildings are also likely to impact market growth during the forecast period.
“Vendors in the market are offering cloud-based surveillance services or video surveillance as a service (VSaaS). These services provide advantages such as pay-per-use, low initial investment and maintenance, and easy deployment,” says Faisal Ghaus, Vice President of Technavio Research.
“VSaaS is currently in high demand among companies of all sizes as well as governments of many countries. The VSaaS model also includes various services such as on-site and off-site storage, remote video monitoring, cloud-based video content analytics, and real-time monitoring through the Internet, boosting the growth of the market.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Perimeter Intrusion Prevention Systems Market 2015-2019, please send an e-mail to media@TechNavio.com
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