LONDON, Nov. 16, 2016 /PRNewswire/ -- European Homeland Security & Public Safety Technologies & Markets - 2016-2022 - 2016-2022 -- In light of the alarming ISIS-inspired terror threats and the migration crisis, it is clear that present European security infrastructure cannot meet the challenge. A major overhaul of Western Europe's internal security infrastructure and funding is already in progress leading to a forecasted $146 billion 2020 market. Europe is facing terror threats and migration crisis with a far greater reach than those resulting from its economic ones. And, this alarming situation shows no sign of declining. Europeans are now experiencing a disturbing new reality in which ISIS-inspired terror and the migration crisis are quickly becoming the continent's Homeland Security & Public Safety market "new norm".
According to the report, "European Homeland Security & Public Safety Technologies & Markets – 2016-2022", the European counter terror and public safety infrastructure will go through a major overhaul, sustaining a 13.4% 2016-2020 CAGR surge, nearly four times the pace of the previous five-year period.
This report is published as one of our May 2016 "Europe's Terror & Migration Crisis Series" reports (concurrently with 9 other published and a dozen pipeline reports to be published soon).
The 4-volume "European Homeland Security & Public Safety Technologies & Markets – 2016-2022 – 2016-2020", including a bonus report "Global Homeland Security & Public Safety Industry – 2016 Edition" (priced at $2,950 to $10,000 ) are the only comprehensive reviews of the European market available today. The objective of this study is to provide a detailed, time-sensitive and reasoned intelligence report.
The European Counter Terror & Public Safety Market is boosted by the following drivers:
The ISIS-inspired complex and well-planned Paris and Brussels carnage (162 killed and 668 injured) which sent shockwaves across the continent.
The terror attacks and the migration crisis shook the European governments and their security agencies unlike any other terror attacks since 9/11.
The Western European security forces are ill equipped to encounter 21st century ISIS-inspired and trained terrorists who use cutting-edge encrypted communication, make a remarkable use of social networks to recruit and train jihadists, and gather efficient pre-attack intelligence. They have been trained by ISIS ex-Iraqi military officers on planning and conducting modern day guerrilla warfare and using modern weapons.
Europol estimates that up to 5,000 European jihadists have returned to the EU after obtaining combat experience on the battlefields of the Middle East.
West European governments understand that they are caught between a rock and a hard place. It is for them to decide how to transform the national counter terror infrastructure, improve interagency cooperation, strategy and surge in funding.
The EU-Turkey refugee deal, if implemented, could lead to a significant reduction in the flow of refugees. However, the agreement faces major practical, political and legal challenges.
The EU and most of the rest of the European market for homeland security and public safety products are served by local companies. Even with a preference for locally manufactured products, foreign products can usually strongly compete on the basis of cost-performance. They do not encounter any EU direct trade barriers or quotas. Non-tariff, indirect trade barriers may be the approval process of dual-use goods, which include numerous security market products
This report is a resource for executives with interests in the market. It has been explicitly customized for the security industry and government decision-makers in order to enable them to identify business opportunities, emerging technologies, market trends and risks, as well as to benchmark business plans.
Questions answered in this 1236-page report* include:
What will the market size and trends be during 2016-2022?
Which are the submarkets that provide attractive business opportunities?
Who are the decision-makers?
What drives the customers to purchase solutions and services?
What are the customers looking for?
What are the technology & services trends?
What is the market SWOT (Strengths, Weaknesses, Opportunities and Threats)?
What are the challenges to market penetration & growth?
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