Aarkstore - North America Perimeter Security (By System(Intrusion Detection Sensor,Alarm,Access Control),By Market Trend(False Alarm Rate,PDS(Protected Distribution System),Limited Control Access Area(LCA),CCTV Surveillance))-Market Size And Forecast (2013-2019)
The North Americanperimeter security market is estimated to grow at a CAGR of 3.9% from 2014 to 2019. Although the U.S. holds the larger shares in the North Americanperimeter security market, Canadaand Mexicoare expected to grow considerably. The growth of perimeter security market in this region is driven by the need of security against terrorist’s activities, government regulations, and requirement of reducing manpower cost. However, the economic slowdown has proved to be a hurdle in the growth of the perimeter security solutions market. Most industries and organizations are reluctant to install perimeter security technologies as a result of their unwillingness to incur additional costs for such high-end security solutions.Moreover, emerging economies such as the U.S. and Canada are creating growth opportunities for the North Americanperimeter security systems and services in this region.
The North Americanperimeter security market is segmented and forecast on the basis of industry verticals such as defense and government, critical infrastructure, transportation, commercial facilities, sensitive areas, and others. The market is further segmented and forecasted on the basis of systems and servicessuch as intrusion detection system, video surveillance system, system integration and consulting services, managed services, and others. The North Americanperimeter security market is also segmented on the basis of major countries in this region such as the U.S., Canada,and Mexico.
Geographically, North America is estimated to command the share of 6.09% in 2014 of the global perimeter security market. The U.S. holds the share of 73.91% of the overall North Americanperimeter security market,...