Homeland Security Market

28 Feb


Homeland Security Market Poised to Grow at a CAGR of 5.2% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Homeland Security Market. The report presents analysis of global as well as regional markets of homeland security market over the period of 2016 to 2024.


Homeland Security works in the civilian sphere to protect the states within an outside its borders. Its stated goal is to prepare for, prevent, and respond to domestic emergencies particularly terrorism. The main objective of the homeland security is to secure country’s borders, airports, seaports and waterways research and develop the latest security technologies and other critical infrastructure and respond to natural disasters or terrorists acts and analyze intelligence.


Rising risk of terrorist attack, use of immigration related in defense and increasing cases of cybercrime and another cyber fraud are the factors driving the growth of the homeland security market. Additionally, government initiatives to prevent territorial and cross-border wars fuels the growth of the homeland security market. Moreover, number of smuggling and trafficking cases has increased therefore protective measures such as homeland security products and the government to safeguard the interests of the country are adopting these systems. Thus, this factor has significantly influenced the growth of the market.


 On the other hand, lack of skills workforce and high cost of security products are anticipated to hamper the growth of the homeland security systems market over the forecast period. Moreover, need for information security and database in public and private sector organizations including railways, energy, military and telecommunication have opened several doors of opportunities for the key players in the homeland security market.       


Among the geographies, North America is anticipated to be the leading region in the homeland security market followed by Asia Pacific region due to huge expenditure in the defense segment and technological advancements. Additionally, growth for homeland security products for countering terrorist threats is anticipated to show a profitable growth in the European regions. On the other hand, emerging countries such as India and china are anticipated to drive the regional growth over the upcoming years. Probably in India safety, concerns regarding terrorist attacks have encouraged the central government to highly focus on the country’s security and defense infrastructure. Furthermore, cyber security is anticipated to be the fastest growing segment owing to the regions such as North America and Europe that are heavily investing in the cyber defenses, which in turn is driving the growth of homeland security, market.


Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global homeland security market but also make strategic decisions to capture the most lucrative markets in the near future.


The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global homeland security market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the homeland security market worldwide.


The report segments the global homeland security market on the basis of type and End-user.


Global Homeland Security Market by Type

·         Aviation Security

·         Border Security

·         Critical Infrastructure Security

·         Martitime Security

·         Mass Transport Security

·         Cyber Security


Global Homeland Security Market by End-user

·         Public Sector

·         Private Sector


Companies Profiled in the Report

·         Unisys

·         General Dynamics

·         Elbit System

·          Thales Group

·         FLIR Systems

·         IBM

·         Raytheon

·         Lockheed Martin


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.


Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.