Global physical intrusion detection and prevention systems market to exceed $16B by 2017, MarketsandMarkets Says

According to a new market research report by MarketsandMarkets, the total market for physical intrusion detection and prevention systems (PID&PS) is expected to reach US$16.3 billion by 2017, at a CAGR of 7 percent between 2012 and 2017.

 

Americas is leading the total PID&PS market, followed by APAC and Europe. In the rest of the world, the Middle East and Africa are the largest contributors. The PID&PS market is segmented into submarkets by technology such as intruder alarm, perimeter security and access control. Each technology segment is further divided by its types, applications and geographical penetration.

 

The need for intrusion detection and prevention has grown manifold in the wake of threats becoming increasingly complex. The sudden civil uprisings in the Middle East and Africa are compelling governments and enterprises alike to rethink their security measures. In APAC, revival of stalled construction projects and infrastructural boom has also opened new avenues for PID&PS solution providers.