Perimeter Security Market expected to grow at a CAGR of 9.4% by 2030
Perimeter Security Industry Overview The global perimeter security market size was valued at USD 59.21 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2030. The increasing threat of terrorism and cross-border intrusions has forced governments to impose stringent standards pertaining to the safety of nations, resulting in market growth. A rise in the development of smart cities and infrastructure is the key factor driving the market. Government support for implementing different security systems at critical locations is on the rise. Technological advancements in the field of automation have resulted in the rapid adoption of the latest techniques, such as video analytics and aerial drones to provide better results. Gather more insights about the market drivers, restrains and growth of the Global Perimeter Security Market With the growing safety concerns among people, manufacturers have come up with n...