Looking forward, IMARC Group expects the global homeland security market to grow at a CAGR of around 6% during the forecast period (2021-2026).
global homeland security market exhibited moderate growth during 2015-2020. Homeland security solutions assist in providing optimum protection to people living within a country. They comprise cameras, weapons, radars, thermal imaging devices and metal, explosives, and radiation detectors, which are used to identify anti-social threats. At present, they are increasingly being used to protect speech and protests, ensure trade and economic security, and prevent terrorizing tactics across the globe.— According to IMARC Group’s latest report, titled “Homeland Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the
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Due to the increasing terrorist activities, there is a rise in the need for security solutions around the world. This, coupled with the implementation of stringent policies by governing agencies of several countries to improve national security, represents one of the key factors propelling the market growth. Apart from this, leading market players are focusing on integrating homeland security solutions with the Internet of Things (IoT), cloud, and machine learning (ML) technologies. They are also extensively investing in research and development (R&D) activities, which is creating a favorable market outlook. Looking forward, IMARC Group expects the global homeland security market to grow at a CAGR of around 6% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Booz Allen Hamilton Inc.
General Dynamics Corp.
General Electric Co.
L-3 Communications Holdings
Lockheed Martin Corp.
Breakup by Type:
Critical Infrastructure Security
Mass Transit Security
Breakup by System:
Intelligence and Surveillance System
Detection and Monitoring System
Access Control System
Modelling and Simulation
Rescue and Recovery System
Command and Control System
Breakup by End-User:
Breakup by Region:
Middle East and Africa
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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