About Intelligent Fencing
Intelligent fencing is laser-activated and technology-enabled fencing to enhance security and safety. It uses advanced technologies and devices for surveillance, communication, and data storage. Intelligent fencing is widely used in border areas and various public places to protect the public from terrorist attacks and other criminal activities and prevent unauthorized access. Intelligent fencing is reliable, easy to install, and maintain as it is unaffected by harsh environments and can also be installed underground or in water.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arteco Global (Italy), SmartFence (India), Fenzgard (India), ESRI (United States) and Betafence Group (Belgium) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Intelligent Fencing market by , Application (Residential, Commercial, Industrial, Government & Defense, Public Places and Others) and Region.
On the basis of geography, the market of Intelligent Fencing has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Hardware will boost the Intelligent Fencing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Sensors will boost the Intelligent Fencing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend for Solar-Powered Smart Fencing System for Various Applications
Market Growth Drivers:
Need to Provide Enhanced Security & Safety at Various Public Places and Government Initiative to Integrate Smart Fencing Solutions to Increase Border Security and Round-The-Clock Surveillance in Border Area
Challenges:
Slow Adoption of Intelligent Fencing in Underdeveloped Countries and Some Developing Countries
Restraints:
High Cost of Fencing and Increased Concern of Cyberattacks May Hamper the Growth
Opportunities:
Growing Adoption of Intelligent Fencing by Commercial Buildings to Protect Assets and Properties
Market Leaders and their expansionary development strategies
In August 2023, Viking acquired longstanding supplier, manufacturer, and installer of residential, commercial, and municipal fencing and outdoor living spaces.The acquisition of the Company will allow the buyer to expand its customer base, increase market share, and gain new vendor relationships.
In October 2020, AWS Marketplace launched Geo-Fencing to enable sellers to control availability by country. AWS Marketplace products are available for AWS customers in all locations by default. In this blog post, I show you how to add Geo-Fencing preferences to new and existing software products you list in AWS Marketplace.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Intelligent Fencing Manufacturers, Intelligent Fencing Service Providers, Suppliers & Distributors of Intelligent Fencing, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.