The market for perimeter security in the APAC region is expected to reach $11968 million by 2026. The market was valued at $4501 million in 2017, developing at 11.35% of CAGR over the forecasting years 2018 to 2026. Rising expenditure in security sector by government, especially in India and China, are developing the growth of the market in the APAC region.
The Asia Pacific perimeter security market is comprising countries like China, India, Australia, Japan and rest of APAC. The services provided by the perimeter security market are risk management and analysis, system integration and consulting, managed services, and support and maintenance. As the threats in the region are increasing due to terrorist and criminal attacks; the demand for all these services is propelling, thus, increasing the value for the perimeter security market in this region.
The dominant companies studied in the report include Schneider Electric Se, United Technologies Corporation, Inc., Perimeter Security Systems, Honeywell International, Puretech Systems, RBTEC Flir Systems, Inc., Fiber Sensys, Inc., Advanced Perimeter Systems Limited, Cias, Axis Communications Ab, Senstar, Tyco Systems, Southwest Microwave, Inc., and Lockheed Martin Corporation,.