The major forces driving this market are increasing demand due to threats, government regulations, high technological advancements and reduction of manpower cost. The significance of the perimeter security
has increased, as the world is not becoming any safer to live. Any attack/ mishap at critical infrastructures, or any other building/ public places can lead to great economic and human losses.
The global perimeter security market to grow from $11.6 billion in 2013 to $17.7 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 8.8% from 2013 to 2018. The North American region is expected to have the largest market share, which will be succeeded by Asia-Pacific, in 2018. Due to increase in the laws and regulations, high technological advancements, and also the increasing instances of threats, an increasing trend in implementation of perimeter security solutions in the emerging Brazil, Russia, China, and India (BRIC) countries has been noted.
For more details of the new report, table of contents and ordering information visit: Perimeter Security Market – Worldwide Market Forecasts and Analysis 2013-2018.