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Perimeter security market to hit $132.4 billion by 2030, report says

March 6, 2023SSN Staff

SAN FRANCISCO – Consulting company Grand View Research Inc. has released a new report that pegs the perimeter security market to more than double by 2030. Valuations from 2022 place the global perimeter security market at $64.6 billion. Grand View Research’s estimates would have it register a CAGR of 9.4 percent between 2023 and 2030. The research company attributes the growth in the sector to rising insecurities and illegal activities like planned crimes, smuggling, theft,...

Consulting, Grandview Research Inc., perimeter security, security systems, Surveillance, technological integration