Perimeter Intrusion Detection Systems global market is projected to reach $33.1 billion by 2030

The “Perimeter Intrusion Detection Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Perimeter Intrusion Detection Systems estimated at US$13.5 Billion in the year 2022, is projected to reach a revised size of US$33.1 Billion by 2030, growing at a CAGR of 11.9% over the analysis period 2022-2030.

Solutions, one of the segments analysed in the report, is projected to record 11.5% CAGR and reach US$26.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 13.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 14.3% CAGR. The Perimeter Intrusion Detection Systems market in the U.S. is estimated at US$4.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 14.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.1% and 11.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.

Previous articleNew York lawmakers push for lithium-ion battery safety regulations after a string of fires
Next articleSecurity Guards at London’s Heathrow airport to strike in May