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Homeland Security Market was valued at US$245.7 bn in 2013
and is expected to reach US$364.4 bn by 2020, rising at a CAGR of
5.60% from 2014 to 2020. Homeland security is an all-encompassing
term for safeguarding the country against acts of terror or other
anti-national activities. Needless to say, this market is driven by
the various initiatives taken by governing bodies to thwart terrorist
threats and internal security challenges. The notable initiatives
taken by various government are TECS Mod by the U.S., Sisfron by
Brazil, and Project Cytoon by South Africa, amongst others. The
homeland security market consists of various equipment and strategies
that are developed and designed to protect the nation from crime,
illegal activities, and other threats.
The Global
The global homeland security market is also receiving an impetus from
the accelerating threat of terrorism in several parts of the world.
Furthermore, rise in human trafficking and the subsequent demand for
stricter border patrol has also created a huge surge in the demand
for homeland security. The increasing drug trafficking is yet another
factor that is acting as a major growth driver for the overall
homeland security market.
The global homeland security market is segmented on the basis of type
of security and geography. The various types of homeland security are
aviation security, border security, maritime security, critical
infrastructure security, cyber security, CBRN security, mass transit
security, and others. Geographically, this market is segmented into
Europe, North America, Asia Pacific, and Rest of the World.
Some of the important players in the global homeland security market
are Magal Security Systems Ltd., Finmeccanica S.p.A, Raytheon
Company, FLIR Systems, Inc., Elbit Systems Ltd., L-3 Communications
Holdings, Inc., General Dynamics Corporation, Safran S.A., Harris
Corporation, Thales Group, OSI Systems, Inc., and Unisys Corporation.
The research report profiles these players and offers a complete
understanding of the competitive landscape of the market. Along with
sharing the details pertaining to the impact of the regulatory
framework governing the global homeland security market, the research
report also provides an analysis of the financial overview, research
and development activities, investment outlook, product portfolio,
business and marketing strategies, joint ventures, and strategic
mergers and acquisitions of these players for the coming few years.
Segmentation of the global homeland security market is as follows:
Homeland security market: By security type
> Aviation security
> Maritime security
> Border security
> Critical infrastructure security
> Cyber security
> CBRN security
> Mass transit security
> Others
Homeland security market: By geography
> North America
> Europe
> Asia Pacific
> Rest of the World
Download the Brochure of Homeland Security Market
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