Perimeter security is considered to be the first line of defense around any infrastructure/ground premise, and is therefore essentially important. The necessity for perimeter security in this region is growing due to the increasing threats of malicious activities by terrorists, increasing criminal activities and illegal immigration, and anti–government protests. The factors that are driving the APAC perimeter security market are the need of security against terrorist activities, government regulations, and requirement of reducing manpower cost. However, the economic slowdown has proved to be a hurdle in the growth of this market. Most industries and organizations are basically reluctant to install perimeter security technologies as a result of their unwillingness to incur additional costs for such high-end security solutions.
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In China and Japan, the perimeter security solutions are expected to grow at the highest CAGR from 2014 to 2019. The need for perimeter security and its solutions and systems have been observed in all major industries, such as transportation; critical infrastructures such as nuclear plants, chemical industries, and oil & gas facilities; commercials buildings; government& defense and sensitive areas, among others.
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The organizations operational in this region are considered to be the techno savvy and innovative. The quest of having a competitive edge over other competitors leads these organizations to exploit the advanced technologies and get the best out of them.
Moreover, the critical infrastructure and video surveillance systems are promising verticals, which are showing opportunities to the perimeter security market players in APAC. However, the economic slowdown has proved to be a hurdle in the growth of the perimeter security solutions market.
