Global Homeland Security & Public Safety Market,
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Market TrendsThe market in Asia Pacific is projected to witness the highest CAGR from 2020 to 2025. The homeland security and emergency management market in Asia Pacific is projected to register the highest CAGR during the forecast period. Rising terrorist activities, geopolitical conflicts, strikes and protests, chemical attacks, and natural disasters have led major homeland security and emergency management solution providers of the region to develop enhanced techno-efficient homeland security and emergency management systems and equipment. The homeland security spending of China, Japan, and India has been increasing in recent years due to increased possibilities of being targeted by attacks. The Asia Pacific region has also been experiencing instances of terrorist attacks and cyber-attacks, which have caused significant damage to the region. Countries such as India, China, Australia, Japan, Malaysia, and Singapore have taken a stand to counter terrorism by adopting best-in-class physical and cybersecurity systems. Source: Marketsandmarkets Research |
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