The Global Homeland Security Market Growing at a CAGR of 5.6% From 2014 to 2020 to Reach for USD 364.44 Billion in 2020: Report MRRBIZ
ALBANY, New York, August 18, 2014 /PRNewswire/ --
According to a new market Research report "Homeland Security Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2020," the global homeland security market was valued at USD 245.72 billion in 2013, growing at a CAGR of 5.6% from 2014 to 2020 to account for USD 364.44 billion in 2020.
The homeland security products include all the equipments which are used for safeguarding the nation against any threats by terrorist organizations and other anti-social groups. These products also provide resilience and recovery options in case of any unforeseen attacks. The threats against the homeland may include cyber espionage, chemical, biological, radiological, and nuclear (CBRN) threats, cross border insurgency, drug and human trafficking, piracy, and separatist movements among others. The initiatives undertaken by various governments across the world are driving the market for homeland security products. Some of these government initiatives include Sisfron program undertaken by Brazil, TECS Mod program undertaken by the U.S., and Project Cytoon undertaken by South Africa among others.
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This market research study analyzes the homeland security market on a global level and provides estimates in terms of revenue (USD Billion) from 2014 to 2020. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecasted period. Moreover, it identifies the significant opportunities for market growth in the years to come.
The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of homeland security. Major market participants profiled in this report include Elbit Systems Ltd., Finmeccanica S.p.A, FLIR Systems, Inc., General Dynamics Corporation, Harris Corporation, L-3 Communications Holdings, Inc., Safran S.A., Thales Group, Magal Security Systems Ltd., Raytheon Company, Unisys Corporation, and OSI Systems, Inc. among others.
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Homeland security market: By security type
- Aviation security
- Maritime security
- Border security
- Critical infrastructure security
- Cyber security
- CBRN security
- Mass transit security
Homeland security market: By geography
- North America
- Rest of Europe
- Asia Pacific
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