openPR Logo
Press release

Border Security Market worth $34.4 Billion by 2029, at a CAGR of 5.1%

09-11-2024 12:18 AM CET | Associations & Organizations

Press release from: ABNewswire

Border Security Market

Border Security Market

The global Border Security Market in terms of revenue is estimated to be worth $26.8 billion in 2024 and is poised to reach $34.4 billion by 2029, growing at a CAGR of 5.1% during the forecast period.
The report "Border Security Market [https://www.marketsandmarkets.com/Market-Reports/border-security-system-market-103309188.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=bordersecuritymarket] by Domain (Land, Maritime, Airborne), Vertical (Military, Homeland Security), System (Surveillance Systems, Detection Systems, Communication Systems, Command and Control Systems), Installation & Region - Global Forecast to 2029" The border security market is projected to reach USD 34.4 billion by 2029, from USD 26.8 billion in 2024, at a CAGR of 5.1% from 2024 to 2029.

The market growth can be attributed to the rising geopolitical instability and growing adoption of new technologies for border security. The border security market includes major players Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), and Thales (France). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East.

Download PDF Brochure @ [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103309188&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=bordersecuritymarket]

Browse 253 market data Tables and 84 Figures spread through 302 Pages and in-depth TOC on "Border Security Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/border-security-system-market-103309188.html [https://www.marketsandmarkets.com/Market-Reports/border-security-system-market-103309188.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=bordersecuritymarket]

[https://www.marketsandmarkets.com/Market-Reports/border-security-system-market-103309188.html]

Based on system, the surveillance system segment is estimated to lead the market during the forecast period.

The surveillance system segment of the border security market is expected to lead due to the increasing need for advanced monitoring solutions to address rising security threats. With advancements in technology, these systems offer enhanced capabilities such as real-time monitoring, and improved accuracy. Governments and border control agencies are investing heavily in these systems to ensure comprehensive security, efficient threat detection, and rapid response, making surveillance systems a critical component of modern border security infrastructure.

Based on Installation, the upgradtion segment is forcasted to be the fastest growing segment during the forcast period.

Based on installation, the market is segmented into new installation and upgradtion. Upgradations in border security are expected to grow significantly as nations respond to emerging threats and technological advancements. With the increasing sophistication of criminal and terrorist activities, traditional border security measures are becoming insufficient, prompting the need for enhanced and modernized systems. Upgrades such as the integration of advanced surveillance technologies, including drones, high-resolution cameras, and thermal imaging, provide more comprehensive monitoring and detection capabilities.

The North America region is estimated to lead the market in 2024.

The border security market is expected to be dominated by North America, with a projected market share of 58.5% in 2024. This is caused by a number of important elements, including as the geopolitical environment, the economic potential of the North American nations, and the existence of numerous significant players in the area.

Strong security measures are required since North America, and especially the United States, has a large area of land and sea boundaries. The region has made significant expenditures in advanced border security technologies as a result of its focus on stopping drug trafficking, illegal immigration, and possible terrorist activity. Furthermore, the financial resources of North American nations enable the widespread acquisition and implementation of advanced security measures. The defense and security budgets of the governments in this region are substantial, allowing them to invest in state-of-the-art technologies such as unmanned aerial vehicles, biometrics, and surveillance systems.

Key Players

The major players include Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), Thales (France), RTX Corporation (US), Leonardo S.p.A. (Italy), Elbit Systems Ltd. (Israel), L3Harris Technologies, Inc. (US) and Israel Aerospace Industries (Israel).

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=border-security-market-worth-344-billion-by-2029-at-a-cagr-of-51]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103
City: Delray Beach
State: FL 33445
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/border-security-system-market-103309188.html



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Border Security Market worth $34.4 Billion by 2029, at a CAGR of 5.1% here

News-ID: 3651511 • Views:

More Releases from ABNewswire

How to Pick the Best Online Chemistry Tutoring Platform
How to Pick the Best Online Chemistry Tutoring Platform
Image: https://www.abnewswire.com/upload/2025/10/814f4b38d9855ce5fcc0509bfebaa240.jpg Choosing the right chemistry tutoring platform can make the difference between academic success and continued struggles with complex reactions and molecular structures. With students increasingly turning to digital solutions for personalized learning support, the online chemistry tutoring market has exploded with options promising everything from AI-powered progress tracking to virtual lab experiences that transform how learners approach this challenging subject. Essential Platform Features for Effective Online Chemistry Tutoring Modern chemistry tutoring
Chronic Myeloid Leukemia Pipeline Drugs Report 2025: Emerging Therapies, Clinical Developments, and Drug Insights by DelveInsight
Chronic Myeloid Leukemia Pipeline Drugs Report 2025: Emerging Therapies, Clinica …
DelveInsight's "Chronic Myeloid Leukemia Pipeline Insight 2025" report provides comprehensive insights about 20+ companies and 20+ pipeline drugs in the Chronic Myeloid Leukemia pipeline landscape. It covers the Chronic Myeloid Leukemia Pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Chronic Myeloid Leukemia Pipeline Therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space. Curious
Diabetic Retinopathy Pipeline Drugs Report 2025: Emerging Therapies, Clinical Developments, and Drug Insights by DelveInsight
Diabetic Retinopathy Pipeline Drugs Report 2025: Emerging Therapies, Clinical De …
DelveInsight's, "Diabetic Retinopathy Pipeline Insights 2025" report provides comprehensive insights about 50+ companies and 55+ pipeline drugs in the Diabetic Retinopathy pipeline landscape. It covers the Diabetic Retinopathy pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Retinopathy pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space. Explore the comprehensive insights by
Diabetic Macular Edema Pipeline Outlook Report 2025: Emerging Therapies, Clinical Developments, and Drug Insights by DelveInsight
Diabetic Macular Edema Pipeline Outlook Report 2025: Emerging Therapies, Clinica …
DelveInsight's, "Diabetic Macular Edema Pipeline Insight 2025" report provides comprehensive insights about 45+ companies and 50+ pipeline drugs in Diabetic Macular Edema pipeline landscape. It covers the Diabetic Macular Edema pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Diabetic Macular Edema pipeline therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space. Explore our

All 5 Releases


More Releases for Security

Aerospace Cyber Security Market : Network security, Wireless security, Cloud sec …
According to a new report published by Allied Market Research, titled, "Aerospace Cyber Security Market," The aerospace cyber security market was valued at $39.7 billion in 2021, and is estimated to reach $92.0 billion by 2031, growing at a CAGR of 9.0% from 2022 to 2031. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/9433 Aerospace cybersecurity is a security driven technology which is dedicated towards the safety & security of aircrafts, spacecrafts and drones
Healthcare Cyber Security Market by Type (Service and Solution), Security (Appli …
Healthcare Cyber Security Market: 2023 The global Healthcare Cyber Security Market size was valued at USD 4,591 Million in 2016, and is projected to reach at USD 12,467 Million by 2023, with a CAGR of 15.6% from 2017 to 2023. Covid-19 latest section covered in this report. Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-1J168/Healthcare_Cyber_Security Cyber security solutions and services enable healthcare organizations to protect their business-critical infrastructure and patient data, and meet regulatory compliance. Increase
Aerospace Cyber Security Market Analysis and Forecasts by Security Type (Network …
The aviation industry is one of the sophisticated industries across the globe and the industry is integrated with advanced technological solutions. This has created a major concern towards securing the enormous quantity of data being generated every day. With the advancements in the different technological fields, the cyber attackers are also finding newer process to gain desired insights. In the current market scenario, aerospace industry is also witnessing substantial upswing
Security Assessment Market Report 2018: Segmentation by Security Type (Endpoint …
Global Security Assessment market research report provides company profile for Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth
The Mobile Security (mSecurity) Bible: 2014 - 2020 - Device Security, Infrastruc …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe. This has in turn led to significant investments in
Mobile Security (MSecurity) Market Analysis To 2020 - Device Security, Infrastru …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe. This has in turn led to significant investments in