The global intruder alarm and perimeter security market is growing at a moderate pace, mostly because it is a mature sector of the physical security market that is heavily reliant on the movement in the industrial market.
The global intruder alarm and perimeter security market is growing at a moderate pace, mostly because it is a mature sector of the physical security market that is heavily reliant on the movement in the industrial market. According to a recent report from
Memoori, the world market for the sector reached US$6.62 billion in 2016 and growing at approximately 3.3 percent to 2022. This rate is slower than the video surveillance and access control market over the last 15 years.
However, new market reports suggest a change in this. Memoori, in a recent web post, pointed out that considerable development in new LED lighting systems in outdoor industrial complexes is aiding to boost dem...