Submitted by: Submitted by aaronlevine
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Words: 321
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Category: Business and Industry
Date Submitted: 05/16/2016 08:14 AM
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.
Read full report: https://www.globalmarketreports.com/north-america-perimeter-security-market-by-vertical-critical-infrastructure-defense-and-government-transportation-commercial-facilities-sensitive-areas-by-type-system-and-service-by-country-analysis-and-forecasts-to-2019-23995
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.
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