Market Potential

Global Homeland Security & Public Safety Market,
Industry & Technologies – 2017-2022

15 years have passed since 9/11, and the global Homeland Security & Public Safety technologies and markets are forecasted to go through major shifts. Counter Terror and security markets formerly dominated by the U.S. are now moving to Europe and Asia-Pacific. New and maturing counter terror technologies, such as big data & data analysis, advanced sensors, big data-based cybersecurity, video analytics and TETRA & LTE emergency communication, will create new market segments and fresh business opportunities.

According to the “Global Homeland Security & Public Safety Industry, Technologies & Markets – 2017-2022” report, the market will go through a growth period, sustaining a 2016-2020 CAGR of 5.7%.

Source: Homeland Security Research Corporation
http://homelandsecurityresearch.com

Market Trends

The 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