North America Perimeter Security Market Size, Share,
Industry Trends, Growth, Analysis, Space, Key Vendors, Demand, Insights,
Technology, Report, Forecast 2019
The
North American perimeter 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 American perimeter security market, Canada and Mexico are 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 American perimeter security systems and services in this region.
The North American perimeter 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 services such as intrusion detection system, video surveillance
system, system integration and consulting services, managed services, and
others. The North American perimeter 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 American perimeter security market, in
2014. The North American perimeter security market is primarily driven by
technological advancement and extensive need of security against terrorists and
offenders in this region.
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Reasons to Buy the
Report:
From an insight perspective, this research report has
focused on various levels of analysis-industry analysis, market share analysis
of top players, and company profiles,
which together comprise and discuss the basic views on the competitive
landscape, emerging- and high-growth segments of the North American perimeter
security market, high-growth countries and their respective drivers,
restraints, and opportunities.
The report will enrich both established firms as well as new
entrants/smaller firms to gauge the pulse of the market, which in turn will
help the firms, garner a greater market share. Firms purchasing the report
could use any one or combination of the below-mentioned five strategies (market
penetration, product development/innovation, market development, market
diversification, and competitive assessment) for strengthening their market
share.
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