India Perimeter Intrusion Detection & Prevention Market Competitive Landscape, Industry analysis, Segmentation and Trends 2030
Market Analysis
The India
perimeter intrusion detection & prevention market will touch $655.37
Million at a 11.26% CAGR in the forecast period 2021- 2030, as per the new
Market Research Future (MRFR) analysis. Perimeter intrusion detection and
prevention systems or IDS/IPS, simply put, are used for safeguarding the assets
and infrastructure using advanced distributed sensing technology. This is used
in external environment for detecting the presence of an intruder that attempt
to breach a perimeter. Large businesses, factories, warehouses, and storage
sites largely benefit from such systems. Flexibility of fitting, discreet
monitoring, and prompt detection of unwanted intruders are the key perks that
has led to the immense recognition of perimeter intrusion detection and
prevention systems.
Various factors are fuelling the global India perimeter intrusion
detection and prevention market growth. As per the recent MRFR market
estimates, such factors include the advent of digitalization in India,
increasing awareness about residential safety and security, different
advantages like detecting intruders crossing the restricted arena, threats of
cyber-attacks, increase in terrorist activities in various regions that has
resulted the increasing use of such systems, and increase in data breaches. The
additional factors adding market growth include the growing data protection
laws and regulations, the growing demand for cloud-based
solutions, increasing use during COVID-19 pandemic, & the increasing BYOD
trend in different organizations.
On the contrary, the availability of open-source and free solutions and increasing concerns about false alarm rates (FAR) will impede the global India perimeter intrusion detection and prevention market growth over the forecast period.
Key Players
The prominent players profiled in the India perimeter intrusion detection and prevention market report include Avon Building Solutions Pvt Ltd (India), Southwest Microwave (U.S.), Advanced Perimeter Systems Limited (U.K), RBtec Perimeter Security Systems (U.S.), Athena Security Solutions India Pvt Ltd. (India), Optex Co.Ltd (Japan), Schneider Electric SE (France), Honeywell International Inc. (U.S.), Tyco International Plc. (Ireland), FLIR Systems Inc. (U.S.), and Magal Security Systems Ltd. (Israel), among others.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the India perimeter intrusion detection and prevention market based on vertical, deployment, type, usage place, and component.
By component, the India perimeter intrusion detection & prevention market is segmented into services, software, and hardware. Of these, the hardware segment will lead the market over the forecast period while the software segment will grow at a high CAGR.
The India perimeter intrusion detection & prevention market by usage place is segmented into fence mounted systems, buried, and open place. Of these, the fence mounted systems will dominate the market over the forecast period and at a high CAGR.
By type, the India perimeter intrusion detection & prevention market is segmented into wireless network, wired network, and host-based. Of these, the wired network will spearhead the market over the forecast period while the host-based network will grow at a high CAGR.
By deployment, the India perimeter intrusion detection & prevention market is segmented into on-premise & on-cloud. Of these, the on-premise segment will have the lions share in the market over the forecast period while on-cloud segment will grow at a high CAGR.
By vertical, the India perimeter intrusion detection & prevention market is segmented into military and defense, commercial, industrial, transportation, government, aerospace, and others. Among these, the military and defense segment will rule the market over the forecast period at a high CAGR.
Access Complete Report of India Perimeter Intrusion Detection & Prevention Market
Regional Analysis
Geographically, the India perimeter intrusion detection and prevention market is segmented into South, North, West, and East India. Of these, North India will head the market over the forecast period. It is likely to develop at a 12% CAGR by 2023. The presence of leading industries, rising adoption of perimeter intrusion detection and prevention systems, support from government bodies, several mergers and acquisition activities, & rise of technology start-ups are adding to the global India perimeter intrusion detection and prevention market growth in the region. Recently, INR 1.48 billion has been sanctioned by the Indian Defense Ministry to strengthen the perimeter in Northeast, Jammu and Kashmir, and other vulnerable areas to bridge the security gaps.
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