Middle East & Africa Perimeter Security Market Size & Outlook
The perimeter security market in Middle East & Africa is expected to reach a projected revenue of US$ 6,464.8 million by 2030. A compound annual growth rate of 9.5% is expected of Middle East & Africa perimeter security market from 2023 to 2030.
Revenue, 2022 (US$M)
$3,135.7
Forecast, 2030 (US$M)
$6,464.8
CAGR, 2023 - 2030
9.5%
Report Coverage
Middle East & Africa
Related Markets
MEA perimeter security market highlights
- The MEA perimeter security market generated a revenue of USD 3,135.7 million in 2022.
- The market is expected to grow at a CAGR of 9.5% from 2023 to 2030.
- In terms of segment, system was the largest revenue generating component in 2022.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 3,135.7 million |
| Market revenue in 2030 | USD 6,464.8 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | System |
| Fastest growing segment | Service |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System, Service |
| Key market players worldwide | Canon Inc, Barrier1, Optex Group Co Ltd, Honeywell International Inc, Johnson Controls International PLC, PureTech Health PLC, Senstar Technologies Corp, The Delta Companies |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.7% of the global perimeter security market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,116.3 million by 2030.
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Perimeter Security Market Scope
Perimeter security market segmentation & scope
Others
Perimeter Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Senstar Technologies Corp | View profile | 136 | 119 John Cavanaugh Drive, Ottawa, ON, Canada, K0A 1L0 | https://senstartechnologies.com |
| Optex Group Co Ltd | View profile | 2353 | 5-8-12, Ogoto Otsu, Shiga, Japan, 520-0101 | http://www.optex.co.jp |
| Barrier1 | View profile | 1-10 | Anoka, Minnesota, United States, North America | http://www.thebarriergroup.com/ |
| The Delta Companies | View profile | 251-500 | Dallas, Texas, United States, North America | http://www.thedeltacompanies.com/ |
| PureTech Health PLC | View profile | 90 | 6 Tide Street, Suite 400, Boston, MA, United States, 02210 | https://www.puretechhealth.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Middle East & Africa Perimeter Security Market Outlook Share, 2022 & 2030 (US$M)
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