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Key Emerging Trends in Homeland Security and Emergency Management

12-10-2019 11:25 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The homeland security and emergency management market is projected to grow from an estimated USD 557.14 billion in 2018 to USD 742.06 billion by 2023, at a CAGR of 5.90% from 2018 to 2023.

Increasing terrorist threats and biohazard attacks and occurrence of unpredictable natural disasters due to ever-changing climatic conditions worldwide are key factors driving the growth of the homeland security and emergency management market.
Browse 170 market data tables with 62 figures spread through 238 pages and an in-depth TOC on the report, “Homeland Security and Emergency Management Market –Global Forecast to 2023”.

Download Free PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=575

The law enforcement and intelligence gathering segment is expected to lead the homeland security and emergency management market during the forecast period
Based on end use, the homeland security and emergency management market has been segmented into law enforcement and intelligence gathering, risk and emergency services, border security, maritime security, aviation security, cyber security, critical infrastructure security, and CBRNE security. The law enforcement and intelligence gathering segment is expected to lead the homeland security and emergency management market from 2017 to 2023 due to the increase in zero-day attacks that harm organizations’ critical assets. Law enforcement agencies enforce laws by detecting, deterring, rehabilitating, or punishing people violating the rules and norms governing a country. Agencies engage in patrol or surveillance to dissuade and detect criminal activity.

The intelligence and surveillance segment is expected to lead the homeland security and emergency management market during the forecast period

Based on systems, the homeland security and emergency management market has been segmented into intelligence and surveillance system, detection and monitoring system, weapon system, access control system, and platforms, among others. The intelligence and surveillance segment is expected to lead the homeland security and emergency management by system market. Increasing global threats have forced governments to employ high levels of security at borders, airports, public institutions, ports, and transportation systems. Intelligence and surveillance systems help detect, track, and recognize unauthorized intruders, namely, terrorists, illegal immigrants, and smugglers, who can endanger the lives of citizens.

The Asia Pacific region is projected to hold high growth potential for homeland security and emergency management during the forecast period.
The Asia Pacific region is estimated to lead the homeland security and emergency management market in 2018 as there is a high trend towards an increase in security spending, owing to the ever-growing threats. In recent years, the Asia Pacific region has undergone significant economic growth, political transformations, and social changes.

Major players in the homeland security and emergency management market are Lockheed Martin (US), Raytheon Company(US), Northrop Grumman(US), Thales Group(France), IBM(SU), FLIR Systems(US), BAE Systems(UK), General Dynamics(US), Unisys(US), Elbit Systems(Israel), SAIC(US), Harris Corporation(US), Boeing(US), Leidos(US), CACI International (US) and Honeywell International(US) among others.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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