Market Overview
Perimeter intrusion detection and prevention systems (IDS/IPS) are generally used to safeguard the infrastructure and assets by using advanced distributed sensing technology. It is used in an external environment to detect the presence of an intruder attempting to breach a perimeter. Owing to the advent of digitization in India, the perimeter intrusion detection and prevention systems market is witnessing significant changes. upscaling awareness towards residential safety and security is offering several benefits such as detection of intruders who are crossing the restricted areas. Further, mounting threat against cyber-attacks is another factor contributing to the ascending India’s perimeter intrusion detection and prevention market.
The India perimeter detection and prevention systems market is estimated to ascend at a robust CAGR of 10.58% over the forecast period of 2017-2023. There is a significant rise in the terrorist activities in different parts of the country, which has created a higher need for perimeter intrusion, detection, and prevention systems in the region. This, in turn, is observed to supplement rising growth prospects for several perimeter intrusion detection and prevention system vendors. Moreover, upscaling stringency of government regulations in the perimeter intrusion detection systems is bound to increase the efficiency of the products from perimeter security to video surveillance. India perimeter intrusion detection and prevention market has been estimated to reach a market valuation of USD 339.3 million by 2023.
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Market Segmentation
India’s perimeter intrusion detection and prevention market have been classified into several segments by component, usage place, type, deployment, vertical, and geography. By component, the perimeter intrusion, detection, and prevention market are segmented into hardware, services, and software. By component, the perimeter intrusion detection and prevention market in India was dominated by the hardware segment at the beginning of the forecast period. However, the software segment is expected to ascend at the fastest CAGR.
By usage place, the market is segmented into buried, open place and fence mounted systems. Among these segments, the market was dominated by the fence mounted systems segment in 2017 and is expected to retain market dominance over the forecast period. This market segment is also anticipated to upscale at the highest CAGR.
By type, the market segments studied in the report include wired network, host-based, and wireless network. The market was dominated by the wired network segment at the beginning of the forecast period. Alternatively, the host-based network segment is expected to showcase the highest CAGR during the forecast period.
By deployment, the market segments include on-premise and on-cloud. The on-premise segment dictated the India perimeter intrusion detection and prevention market in the base year. However, the on-cloud deployment segment is expected to showcase the highest growth rate over the review period.
By vertical, the India perimeter intrusion detection and prevention market is segmented into industrial, commercial, aerospace, government, transportation, and military & defense. The military and defense segment is expected to hold the largest share of the market through the forecast period, retaining its dominant position. It is also expected to upscale at the fastest rate, among all verticals.
Key Players
India Perimeter Intrusion Detection and Prevention Market has several vital players including 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).
Detailed Regional Analysis
The India perimeter intrusion detection and prevention market has been studied for the geographical segments of North India, West India, South India, and East India. Among these segments, the North India segment held the foremost share of the market in the base year and is expected to retain such dominance over the forecast period. It is also anticipated to ascend at the fastest CAGR of 12% by 2023. This can be accredited to the presence of significant industries, wider scope of perimeter intrusion detection and prevention systems, promoting market growth.
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 LIST OF ASSUMPTIONS 16
TABLE 3 INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET, BY COMPONENT, 2016-2023 (USD MILLION) 35
TABLE 4 INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET, BY HARDWARE, 2016-2023 (USD MILLION) 36
TABLE 5 INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET, BY SENSORS, 2016-2023 (USD MILLION) 37
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LIST OF FIGURES
FIGURE 1 INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET: MARKET STRUCTURE 16
FIGURE 2 INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET SIZE & MARKET SHARE, BY REGION (2017 VS 2023) 18
FIGURE 3 RESEARCH PROCESS OF MRFR 20
FIGURE 4 TOP DOWN & BOTTOM UP APPROACH 23
FIGURE 5 DROC ANALYSIS OF INDIA PERIMETER INTRUSION DETECTION & PREVENTION SYSTEMS MARKET 25
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