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)
$6,464.8
CAGR, 2023 - 2030
9.5%
Report Coverage
Middle East & Africa
Middle East & Africa perimeter security market, 2017-2030 (US$M)
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 |
|---|
Middle East & Africa perimeter security market
Middle East & Africa Perimeter Security Market Outlook Share, 2022 & 2030 (US$M)
Middle East & Africa perimeter security market
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