Global Perimeter Intrusion Detection Systems Market Share Expands Rapidly Amid Security Concerns and Technological Innovations
Global Perimeter Intrusion Detection Systems Market Projected to Reach $57.14 Billion by 2030, Driven by Rising Security Concerns and Technological Advancements The Perimeter Intrusion Detection Systems (PIDS) market is experiencing substantial growth, fueled by increasing security threats and innovations in detection technologies. Market Estimation & Definition The Global Perimeter Intrusion Detection Systems Market Share was valued at approximately USD 21.22 billion in 2023 and is projected to reach nearly USD 57.14 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.2% during the forecast period. Perimeter Intrusion Detection Systems are designed to detect unauthorized intrusions along the physical boundaries of secured areas, properties, or buildings. Typically installed in outdoor environments, these systems employ various sensors and technologies to sense, deter, and interrupt potential intruders, thereby enhancing security for sensitive ...