Home › News Updates › MnM cited by Robotic Assistance Devices (an AI-based start-up) for Insights on Perimeter Security Market
Robotic Assistance Devices mentioned MarketsandMarkets as a major source of information on the global perimeter security market.
In the past few years, perimeter security systems were majorly used in military & defense and other areas with high risk. However, they are now fast penetrating the commercial and services verticals. The overall market for perimeter security has witnessed a considerable growth over the past few years, thanks to the advancements in technology, growing need to safeguard individuals as well as property from the rapidly evolving threats, increased consumer awareness and security concerns, growing demand for the deployment of wireless technologies in security systems, and increasing adoption of IoT-based security systems. The global perimeter security market is expected to reach a value of USD 196.60 Billion by 2022, growing at a CAGR of 12.2% between 2017 and 2022.
For More Details:
Report mentioned in the above news is,
Perimeter Security Market by Component (Systems (Perimeter Intrusion Detection, Video Surveillance, Access Control, and Alarms and Notification Systems) and Services (Professional and Managed Services)), Vertical, Region - Global Forecast to 2022
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