Synopsis of the India Perimeter Intrusion Detection & Prevention Market
Perimeter Intrusion Detection and Prevention Systems (IDS/IPS) are basically used to safeguard the infrastructure and assets using advanced distributed sensing technology. It is used in an external environment to detect the presence of an intruder attempting to breach a perimeter. With the advent of digitalization in India, the perimeter intrusion detection and prevention systems market has witnessed significant changes. Increasing awareness regarding the residential safety and security offers various benefits like detection of intruders crossing the restricted arena. Increasing threat of cyber-attacks are some of the major driving factors for the India perimeter intrusion detection and prevention systems market.
India perimeter intrusion detection & prevention systems market is expected to grow at 10.58% CAGR during the forecast period, 2017-2023. There has been a significant increase in the terrorist activities in various regions of the country which has led to the higher deployment of perimeter intrusion detection & prevention systems. Thus, the Open Area perimeter intrusion detection & prevention systems in the region have become lucrative for the various manufacturing firms that provide perimeter intrusion detection & prevention system services. The rise in stringent government regulations in the perimeter intrusion detection systems increase the efficiency of the products from perimeter security to video surveillance.
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The India Perimeter Intrusion Detection & Prevention market is expected to reach USD 339.3 million by 2023 with CAGR of 10.6%.
By component, the market was dominated by hardware in 2017. The software component is expected to show the highest growth rate.
By usage place, the market was dominated by fence mounted systems in 2017 and is expected to show the highest CAGR.
By type, the market was dominated by wired network based in 2017. The host-based network is expected to show the highest CAGR.
By deployment, the market was dominated by on-premise in 2017. On-cloud based deployment is expected to show the highest CAGR.
By vertical, the market was dominated by military & defense in 2017 and is expected to show the highest CAGR
Geographically, North India was dominating the market in 2017 and is expected to show the highest growth rate
The India Perimeter Intrusion Detection & Prevention Market is classified into component, usage place, type, deployment, vertical, and region.
On the basis of component, the market is further classified into hardware, software and services.
On the basis of usage place, the market is further classified into open place, buried and fence mounted systems.
On the basis of type the market is further classified into host-based, wired network and wireless network.
On the basis of deployment, the market is further classified into on-cloud and on-premise.
On the basis of vertical, the market is further segmented into aerospace, government, transportation, industrial, commercial, military & defense, and many others.
The India Perimeter Intrusion Detection & Prevention market is studied for North, South, East and West India.
North India dominates the India Perimeter Intrusion Detection & Prevention market with market share of USD 54.8 million in 2017 with highest CAGR 12% through the forecast period. The presence of major industries, wide adoption of perimeter intrusion detection and prevention systems are promoting the market growth. The support from government bodies, various mergers and acquisition activities and the rise of technology start-ups are the major reasons for this steep growth in the region. In recent times, the Indian Defense Ministry has sanctioned INR 1.48 billion for strengthening the perimeter in Jammu and Kashmir, North East, and several other vulnerable areas to bridge the security gaps.
The key players in the area of India Perimeter Intrusion Detection & Prevention market are Magal Security Systems Ltd. (Israel), FLIR Systems Inc. (U.S.), Tyco International Plc. (Ireland), Honeywell International Inc. (U.S.), Schneider Electric SE (France), Optex Co.Ltd (Japan), Athena Security Solutions India Pvt Ltd. (India), RBtec Perimeter Security Systems (U.S.), Advanced Perimeter Systems Limited (U.K), Southwest Microwave (U.S.), Avon Building
Solutions Pvt Ltd (India).
- Government Organizations
- Software Application Vendors
- Hardware Vendors
- Technology Investors
- System Integrators
- Security Systems Suppliers
- Consulting Companies
- End-use Industries
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