Homeland Security industry report that analyzes the market by industry outlines increasing demand for Homeland Security Market will help the market grow in 2025 with good CAGR
Progressive Markets added a report, "Global Homeland Security Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", which says that the market is expected to grow at a considerable CAGR during the forecast period.
To keep a nation safe, policies and systems must be in place to prevent attacks and safeguarding its public and private resources from being destroyed. Thus, arises the need for homeland security systems.
Homeland security refers to the initiative undertaken by the government of a nation to protect their country from terrorism, smuggling, illegal immigration, cyber frauds, natural disasters, drug trafficking, and others. The homeland security market constitutes products, services, and systems for use by government and private organizations for the protection of the assets of a nation from threats.
Its offerings are covered for a variety of fields such as aviation security, border security, marine security, cybersecurity, and more.
Border security refers to the protection of border areas of a country from prohibited trespassing of people, arms & ammunition, drugs, smuggled goods, and others. Marine security refers to the protection of oceanic boundary of countries, ports, vessels, and facilities.
Aviation security refers to the methods employed to protect passengers, staff, and planes from accidental/malicious harm, crime, and other threats. Cybersecurity refers to the methods and practices to protect networks, computers, and data of a nation from attack or unauthorized access.
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Market Drivers and Restraints
The market for homeland security system is witnessing a robust growth. The growing need for identification and security checking systems to provide security and control to critical infrastructure has stimulated the demand for homeland security solutions such as spectrum monitoring systems and access control systems.
Moreover, the rise in the number of terrorist attacks and the need for better security systems have accelerated the demand for homeland security systems. On the other hand, an unreliable economic environment in emerging economies and lack of awareness and readiness to implement security solutions is likely to impede the growth of the homeland security market.
Homeland Security Market Key Segmentation:
The homeland security market analysis report segments the global homeland security market based on solutions, products, user type, and geography. Based on the solution, the market is fragmented into medical alert systems, access control and management solutions, intruder alarm systems, intercom systems, video surveillance systems, fire protection systems, and others.
Based on product, the homeland security industry is divided into sensors, cameras, and others. By user type, the market is categorized into the public sector and private sector.
Based on geography, the report studies the global homeland security industry across regions such as North America, Europe, Asia-Pacific, and LAMEA. In North America, the market covers regions such as the U.S., Canada, and Mexico.
In Europe, the homeland security industry covers the regions such as Germany, UK, France, Italy, and the other parts of Europe. In Asia-Pacific, the market covers the regions such as India, China, Japan, and the other parts of Asia-Pacific.
In LAMEA, the market covers regions such as Brazil, Saudi Arabia, South Africa, and the other parts of LAMEA.
Key Market Players
The key players operating in the global homeland security market include DRS Technologies, Lockheed Martin Corporation, Unisys Corporation, FLIR Systems, Inc., General Dynamics Corporation, Elbit Systems Ltd., Magal Security Systems, Ltd., Harris Corporation, L-3 Communications Holding, Inc., and Safran S.A.
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Key Benefits from the Report
The report provides a comprehensive analysis of the market with the help of homeland security market size, homeland security market share, an informed market outlook, drivers & restraints, trends analysis, scope, major competitors, and Porter analysis. The homeland security market size and market share analysis are provided by analyzing the current and past market performance.
The Porter's analysis helps identify the competitive forces within the market. It comprises the bargaining power of buyers and suppliers, the threat of substitutes, the threat of new entrants, and industry rivalry.
The homeland security market analysis report also includes the profiles of the key market competitors including details of their recent developments, product and services, and key business and financial metrics. They help to better understand the competition and the demands of the market.
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