The perimeter intrusion detection systems market shows continual growth

Perimeter intrusion detection systems (PIDS) are an important part of an overall security solution, especially for critical locations. Growth in the market is known to be consistent and steady and is expected to continue on this trend in the coming years. 

Globally, the market for PIDS is expected to reach nearly US$21.6 billion by 2023, according to a report by Marketsandmarkets. This is attributed to the increasing number of video surveillance installations for security systems, the rising demand for remote access through the cloud and wireless technology, as well as government regulations to improve perimeter security and curb infiltration andterrorist activities. Regionally, the largest market for PIDS is North America, with the U.S. and Canada leading the region. However, Asia Pacific is expected to see significant growth in the coming years. Growth in APAC is due to government regulations, infrastructure development and an increase in incidents resulting in the need for perimeter security. The Middle East and Africa (MEA) region is also expected to see a high compound annual growth rate (CAGR) in the next few years.

Perimeter security in different verticals

Nowadays the importance of fortifying cybersecurity measures to protect critical infrastructure from cyberattacks is a never-ending pursuit, and for a good reason. Yet, while the need for stronger cybersecurity is critical, these facilities must also be fortified with physical barriers to prevent physical attacks as well. 

Stewart Dewar, Product Manager at Senstar pointed to several verticals currently driving growth in the perimeter security market. For example, electrical utilities must maintain a safe and reliable electrical grid at all time. “This criticality has only increased; as we are now seeing growing concern over safeguarding the continuity of operations. Utilities need to protect themselves against incidents that could cause an outage, whether it be vandalism, material theft, or, in the extreme case, a terrorism incident,” he said.

There are similar concerns in the logistics vertical with regard to large fulfillment centers. While direct loss from theft is naturally a concern, Dewar noted that customer satisfaction and brand reputation are also at play — products lost to theft are products not delivered to soon-to-be disgruntled customers. Perimeter security in this case provides an outer ring of protection that defends warehouse access points.

In terms of video-surveillanceenabled perimeter solutions, Dewar highlighted commercial and light industrial verticals as those that could benefit the most. “Many sites in this category were not initially built with perimeter security in mind, making it a challenge to add traditional perimeter security sensors. Video surveillance systems equipped with advanced outdoor-optimized video analytics can substantially increase site security,” he explained.

While traditionally perimeter security systems are most commonly associated with critical infrastructure (e.g., utilities, oil and gas, etc.), government facilities, national borders, military and defense, correctional facilities and other large industrial plants, a growing number of verticals outside this list are adopting these solutions. Large entertainment venues, for example, are deploying more perimeter security measures as the number of attacks on these settings continues to grow.