The global 3D virtual fence market is anticipated to grow at a CAGR of 39.0% during the forecast period. The rising product developments related to 3D virtual fence industry to enhance the security of users is a key factor driving the growth of the global 3D virtual fence market. For instance, in March 2023, LIPSafeguard introduced a cutting-edge solution to enhance safety measures in robotic factories. The 3D virtual fence with multi-camera detection feature offers reliable intrusion detection, even in situations where one camera is blocked or goes offline. With its ability to detect intrusions even in the event of camera failure and the recognition of worker’s movements at the body-skeletal level, LIPSafeguard is a reliable and effective safety solution for any robotic factory.
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Further, in December 2022, Aetina launched new AI inference platforms—AIP-SQ67 series—with high performance and expandability for use in AI and IoT. The AIP-SQ67 series platforms, part of the Aetina MegaEdge family, can fit most complex AI-powered applications due to their compatibility with different types of sensors as well as expansion modules. The x86 platforms are designed for AI developers and system integrators to build any edge AI or machine vision system that involves multiple sensors, heavy AI workloads, and fast image data analytics tasks.
Furthermore, in August 2022, Quanergy, a developer of LiDAR sensors and smart 3D products, launched its M1 Edge PoE LiDAR sensor, which builds upon the original M1 Edge solution. With this product launch, the company expands its presence in the perimeter intrusion detection (PID) category by delivering higher levels of detection accuracy at price points that are lower than other LiDAR-based products.
Global 3D Virtual Fence Market Report Segment
By Type
- 3D Video Motion Detection System
- 3D Virtual Cameras
By End-User Industry
- Logistics
- Agriculture
- Banking
- Security
- Construction
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3D Virtual Fence Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- ACSE GmbH
- Anixter International Inc.
- CE Infosystems Pvt. Ltd.
- CSIRO
- LIPS Corp.
- Optex Co. Ltd.
- Schneider Electric SE
- Senstar Corp.
- Tractive GPS Virtual Fence
- Tyco International PLC
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