India Perimeter Intrusion Detection and Prevention Market Size, Growth, Revenue, Type, Application & Forecast to 2027
Market Analysis
Various factors are fuelling the
global India
Perimeter Intrusion Detection and Prevention Industry growth. As per the recent MRFR market estimates,
such factors include the advent of digitalization in India, increasing
awareness about residential safety and security, different advantages like
detecting intruders crossing the restricted arena, threats of cyber-attacks,
increase in terrorist activities in various regions that has resulted the
increasing use of such systems, and increase in data breaches. The additional
factors adding market growth include the growing data protection laws and
regulations, the growing demand for cloud-based solutions, increasing use
during COVID-19 pandemic, & the increasing BYOD trend in different
organizations.
The India Perimeter Intrusion Detection and Prevention
Industry will touch USD 339.3 million at a
10.6% CAGR in the forecast period 2020- 2027, as per the new Market Research
Future (MRFR) analysis. Perimeter intrusion detection and prevention systems or
IDS/IPS, simply put, are used for safeguarding the assets and infrastructure
using advanced distributed sensing technology. This is used in external
environment for detecting the presence of an intruder that attempt to breach a
perimeter. Large businesses, factories, warehouses, and storage sites largely
benefit from such systems. Flexibility of fitting, discreet monitoring, and
prompt detection of unwanted intruders are the key perks that has led to the
immense recognition of perimeter intrusion detection and prevention
systems.
On the contrary, the availability of
open-source and free solutions and increasing concerns about false alarm rates
(FAR) will impede the global India perimeter intrusion detection and prevention
market growth over the forecast period.
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Market Segmentation
The MRFR report throws light on an
inclusive segmental analysis of the India perimeter intrusion detection and
prevention market based on vertical, deployment, type, usage place, and
component.
By component, the India Perimeter
Intrusion Detection and Prevention Market Size is segmented into services,
software, and hardware. Of these, the hardware segment will lead the market
over the forecast period while the software segment will grow at a high
CAGR.
The India Perimeter Intrusion
Detection and Prevention Market Size by usage place is segmented into fence
mounted systems, buried, and open place. Of these, the fence mounted systems
will dominate the market over the forecast period and at a high CAGR.
By type, the India Perimeter
Intrusion Detection and Prevention Market Size is segmented into wireless
network, wired network, and host-based. Of these, the wired network will
spearhead the market over the forecast period while the host-based network will
grow at a high CAGR.
By deployment, the India Perimeter
Intrusion Detection and Prevention Market Size is segmented into on-premise
& on-cloud. Of these, the on-premise segment will have the lions share in
the market over the forecast period while on-cloud segment will grow at a high
CAGR.
By vertical, the India Perimeter Intrusion
Detection and Prevention Market Size is segmented into military and defense,
commercial, industrial, transportation, government, aerospace, and others.
Among these, the military and defense segment will rule the market over the
forecast period at a high CAGR.
Regional Analysis
Geographically, the India perimeter
intrusion detection and prevention market is segmented into South, North, West,
and East India. Of these, North India will head the market over the forecast
period. It is likely to develop at a 12% CAGR by 2023. The presence of leading
industries, rising adoption of perimeter intrusion detection and prevention
systems, support from government bodies, several mergers and acquisition
activities, & rise of technology start-ups are adding to the global India
perimeter intrusion detection and prevention market growth in the region.
Recently, INR 1.48 billion has been sanctioned by the Indian Defense Ministry
to strengthen the perimeter in North East, Jammu and Kashmir, and other
vulnerable areas to bridge the security gaps.
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Key Players
The prominent players profiled in the
India perimeter intrusion detection and prevention market report include Avon
Building Solutions Pvt Ltd (India), Southwest Microwave (U.S.), Advanced
Perimeter Systems Limited (U.K), RBtec Perimeter Security Systems (U.S.),
Athena Security Solutions India Pvt Ltd. (India), Optex Co.Ltd (Japan),
Schneider Electric SE (France), Honeywell International Inc. (U.S.), Tyco
International Plc. (Ireland), FLIR Systems Inc. (U.S.), and Magal Security
Systems Ltd. (Israel), among others.
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