North America to Dominate Global Perimeter Security Market
According to a new research report Perimeter Security Market, published by MarketsandMarkets, the market is expected to grow from $110.64 billion in 2017 to $196.60 billion by 2022, at a compound annual growth rate (CAGR) of 12.2 percent between 2017 and 2022.
The increasing technological developments in video surveillance is said to have fueled the demand for perimeter security systems and services. Furthermore, the increased usage of Internet of Things (IoT) is also expected to be contributing to the growth of the perimeter security market.