Airport And Marine Port Security Market Size, Report, Share, Overview And Future Forecast To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Airport And Marine Port Security Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The airport and marine port security market size has grown strongly in recent years. It will grow from $82.35 billion in 2023 to $88.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to focus on passenger experience, increased air and maritime traffic, emergence of biometric solutions, integration of it and physical security, international trade and cargo security..

The airport and marine port security market size is expected to see strong growth in the next few years. It will grow to $122.53 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to resilience and emergency preparedness, smart and integrated security systems, biometric and identity verification solutions, rise in passenger and cargo volumes, increasing emphasis on cybersecurity.. Major trends in the forecast period include enhanced threat detection capabilities, biometric authentication and identity verification, cybersecurity integration, use of iot for surveillance and monitoring, adoption of smart and integrated security systems..

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Market Segmentation:
The airport and marine port security market covered in this report is segmented -
1) By Technology: Surveillance Systems, Physical Access Control Systems, Screening and Scanning Systems, Perimeter Intrusion Detection System, Network Access Control and Security, Real-Time Location Systems
2) By Services: Facility and Asset Management, System Integration, Training and Consulting
3) By Infrastructure: Airport, Marine port

Major Driver - Rising Internal And External Threats Drive Demand For Airport And Marine Port Security
The increasing internal and external threats are driving the growth of the airport and marine port security market going forward. Internal and external threats refer to the attacks from inside and outside of an organization. Airport and marine port security provide security from attacking with internal and external threats and provide safety to the airports and marine ports. For instance, according to the Transported Asset Protection Association (TAPA) report 2021, a US-based non-profit organization, TAPA has documented nearly 6,463 new cargo threats or attacks across 56 countries in Europe, and the Middle East region for the year 2020. Therefore, the increase in internal and external threats is expected to boost demand for airport and marine port security systems during the forecast period.

Competitive Landscape:
Major companies operating in the airport and marine port security market report are Tyco International Ltd., L-3 Communications Holdings Inc., Honeywell International Inc., HCL Infosystems Limited, Bosch Security Systems Inc., Smiths Detection Group Ltd., Moran Shipping Agencies Inc., Nedap Automatic Vehicle Identification, FLIR Systems Inc., Safran SA, Saab AB, Unisys Corporation, Huawei Technologies Co. Ltd., Siemens AG, Raytheon Technologies Corporation, Motorola Solutions Inc., James Fisher and Sons Plc, Rapiscan Systems, G4S Limited, Securitas AB, ICTS International N. V., Secom Co. Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation, Axis Communications AB, OSI Systems Inc., Thales Group, Leidos Holdings Inc., Johnson Controls International plc, Allied Universal

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Top Trend - Technological Advancements Drive Innovation In Airport And Marine Port Security
Technological advancement is a key trend gaining popularity in the airport and marine port security market. Major companies operating in the airport and marine port security market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, the Transportation Security Administration (TSA), a US transportation security agency launched new facial recognition technology at Los Angeles International Airport (LAX) to check and verify the identity of visitors at some of the airport's security checkpoints. The airport is equipped with a next generation Credential Authentication Technology (CAT) unit that captures a photo of the visitor using camera and compares with the photo ID on facial features and confirms the same. The new technology enables safety and streamlines the visitor experience.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Airport And Marine Port Security Market Characteristics
3. Airport And Marine Port Security Market Trends And Strategies
4. Airport And Marine Port Security Market - Macro Economic Scenario
5. Airport And Marine Port Security Market Size And Growth
…..
27. Airport And Marine Port Security Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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