Homeland Security Maket

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MarketsandMarkets Presents
Homeland Security Market worth 544.02 Billion -
2018
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According to a new market research report,
"Global Homeland Security Market, 20132018",
published by MarketsandMarkets is expected to
reach 544.02 Billion by 2018 with a CARC of
5.54 which analyzes and studies the major market
drivers, restraints, and opportunities in North
America, Europe, Asia, and Rest of the
World. Browse 32 market data tables with 87
figures spread through 175 pages and in-depth TOC
on Global Homeland Security and Emergency
Management Market, 20132018.  http//www.markets
andmarkets.com/Purchase/purchase_report1.asp?id57
5 Early buyers will receive 10 customization of
reports. Global homeland security market is
estimated to be US415.53 billion in 2013 and is
expected to register a CARC of 5.54 to reach
US544.02 billion by 2018. The cumulative market
for homeland security during the forecast period
is estimated at US2842.47 billion. However,
about 15 of that total is expected to be the
capital expenditure.
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Homeland security functions to avert any
terrorist attacks on the homeland and to provide
resilience in case of an attack. It also has to
provide credible security against cyber fraud and
cyber espionage and provide detection and
protection capabilities against CBRN threats.
The threat of cross border terrorism, cybercrime,
piracy, drug trade, human trafficking, internal
dissent, separatist movements has been a driving
factor for the homeland security market. The
risk of terrorist attack has led to an increase
in aviation security spending. The illegal arms
and drug trafficking and immigration has led to
heightened border and seaport security and has
increased the demand for explosive detection
systems, body scanners and baggage screening
systems. The threat of a cyber attack disrupting
public and private network and infrastructure has
driven the cyber security spending across the
past decade. T he need for effective
identification and security checking and the need
to provide access control to critical
infrastructure have led to the adaptation
biometric and other identification technologies.
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The general IT modernization has greatly improved
record keeping and coordination of cases across
the internal security department and thus has
gained wide acceptance across the world and is
seen as yet another driver in the homeland
security sector. Similarly the need for effective
command, control and intelligence apparatus for
the first responders has led the need for
effective C3I systems. The upgrading of border
security and the demand for effective immigration
control has fueled the need for biometrics, fixed
surveillance devices, and unmanned aerial
vehicles. US and Europe are expected to remain
as the main market for homeland security systems
and the region has the top industry participants
who cater to this sector. The second biggest
growth opportunity is from the Asia Pacific
region where the growing economies are set to
increase their homeland security expenditure.
Opportunity also exists in Middle East, followed
by Latin America and Africa. Although Asian
market especially Chinas internal security
spending is significantly higher than US, it is
of less interest as the market is restricted to
western firms.
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Scope of the Report This report analyzes the
Global Homeland Security market based
on Homeland security market by value The market
share analysis by the various sub-sectors Regional
trend analysis and market share In-depth country
wise analysis of the Homeland security market
according to sub-sectors In addition to market
sizes and forecasts, the report also provides a
detailed analysis of the market trends and
factors influencing market growth, offering
in-depth geographic analyses of the Homeland
security market in North America, Europe, Asia,
Latin America, Middle East and Africa. The report
draws the competitive landscape of the Homeland
security market, providing an in-depth
comparative analysis of the technological and
marketing strategies the key players are adopting
in order to gain an edge over the their
competitors. About MarketsandMarkets MarketsandMa
rkets is a global market research and consulting
company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the world.
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Contact Us
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