Perimeter intrusion prevention market projected to grow: Technavio
Research firm Technavio has published a report on the global perimeter intrusion prevention systems market 2015-2019 with an expected growth of 8.54% CAGR during that period.
November 18, 2015 By SP&T Staff
The company said in a statement:
Many vendors in the market are developing solutions to cater to the specific needs of customers. Customized perimeter intrusion prevention solutions include control of access of personnel, maintenance of 24/7 on-site operations, security policy management, provision of a detailed reporting system, badge management, and maintenance of metal detection systems and scanner options.
The adoption of perimeter intrusion prevention systems is high in case of critical infrastructure such as oil and gas industries, manufacturing industries, water treatment plants, and nuclear plants. The increase in the number of thefts and unlawful activities in residential and commercial buildings are also likely to impact market growth during the forecast period.
“Vendors in the market are offering cloud-based surveillance services or video surveillance as a service (VSaaS). These services provide advantages such as pay-per-use, low initial investment and maintenance, and easy deployment,” says Faisal Ghaus, Vice President of Technavio Research.
“VSaaS is currently in high demand among companies of all sizes as well as governments of many countries. The VSaaS model also includes various services such as on-site and off-site storage, remote video monitoring, cloud-based video content analytics, and real-time monitoring through the Internet, boosting the growth of the market.”
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