2017 Global Intrusion Detection System Market to Surpass $16 Billion

According to the Marketsand Markets' latest market research, the global physical intrusion detection and prevention system (PID Security Knowledge &PS) market will reach US$16.63 billion by 2017, and will achieve a compound annual growth rate of 7% between 2012 and 2017.

The US market is leading the way in the PID&PS market, followed closely by the Asia Pacific region and Europe, while the remaining markets are the largest in the Middle East and Africa. Depending on the technology, PID&PS can be subdivided into markets such as intruder alerts, border security and access control. Each technical area is further divided according to its type, application and geographical area.

As the threats faced by customers have become more complex, the need for intrusion detection and prevention has begun to diversify. The sudden outbreak of civil strife in the Middle East and Africa prompted the government and companies to revisit their security measures. In the Asia Pacific region, stagnant construction projects have been revived and infrastructure construction has been on the rise. These have brought new business opportunities for PID&PS solution providers.