The Global Homeland Security and Public Safety Market is Forecast to Surpass $500 Billion by 2021
WASHINGTON, March 15, 2018 /PRNewswire-USNewswire/ -- According to a new market research report "Homeland Security & Public Safety Industry, Technologies & Markets – 2017-2022", published by Homeland Security Research Corp., this market is forecast to grow at a CAGR of 5.7% during 2016-2020.
17 years have passed since 9/11, and the global Homeland Security & Public Safety markets are forecast to go through major shifts. Markets formerly dominated by the U.S. are now moving to Europe and Asia-Pacific. New and maturing technologies, such as big data, advanced sensors, cybersecurity, video analytics and interoperable emergency communication, will create new market segments and fresh business opportunities.
Homeland Security, Counter-Terrorism, Domestic Security and Law Enforcement organizations across the globe are facing, now more than ever, evolving and more advanced terror and security threats. ISIS-inspired attacks are being planned and committed worldwide, organized crime is becoming more transnational, the Arab world is under turmoil and autocratic governments are doing "whatever it takes" to secure their regimes. All this, coupled with the advancement in technology used by homeland security agencies and perpetrators alike, will force governments to invest in new and maturing technologies and capabilities to better cope with the looming security threats.
During the next decade, the Homeland Security and Public Safety communities (i.e., governments and private sector) are forecast to focus their activities (and related legislation, budgets and procurement) on building and investing in the mitigation of "low" impact terror and crime such as cyber terror/crime, land, sea & aviation transportation terror, counter-terror & counter-crime intelligence, critical infrastructure security systems and more.
The Homeland Security and Public Safety Market is forecast to go through a growth period during 2017-2022, driven by the following dynamics:
- The European terror and migration crisis
- The turmoil in the Arab world, the ongoing conflicts in Iraq, Syria and Yemen, and the Shia-Sunni conflict
- President-elect Donald Trump promised, throughout his campaign, a tough fight against Islamist extremism terror at home and abroad, and to invest in law and order
- Climate warming-related natural disasters growth
- Transnational organized crime
- The "We Will Invest Whatever It Takes" approach of autocratic governments (e.g., China and Saudi Arabia) to avoid regime change
- Cybercrime and cyberterrorism threats
The Global Homeland Security and Public Safety report will support and guide executives and government decision makers to better understand this complex eco-system by analyzing and shedding light on the following aspects:
- Global Homeland Security & Public Safety Industry 2015-2020 Revenues
- Homeland-Security & Public-Safety Industry: Competitive Analysis
- Effects of Emerging Technologies on the Global Homeland Security & Public Safety Industry
- Technological Change: Homeland Security, Immigration Enforcement & Public Safety Vulnerabilities
- The Homeland Security & Public Safety Market Trends
- Globalization of the Homeland Security & Public Safety Business
- Vendor – Government Relationship
- The Geopolitical Outlook
- The Industry Business Models & Strategies
- Variable Economic Conditions
- Market Tiers
- Defense Primes & Mega Corporations' Inroads into the Market
- Market Entry Challenges
- The Industry: Supply-Side & Demand-Side Analysis
- Market Entry Strategies
- Price Elasticity
- Homeland Security & Public Safety Industry: Mergers & Acquisitions (M&A)
With 2020 pages, 650 tables and figures, this 6-volume Homeland Security and Public Safety Industry, Technologies and Markets – 2017-2022 report is the only comprehensive review of the global homeland security and public safety market. This report is a valuable resource for executives with interests in the industry. It has been explicitly customized for industry and urban decision-makers to enable them to identify business opportunities, emerging technologies, market trends and risks, as well as to benchmark business plans.
Related Reports from HSRC can be found at:
- Quantum Computing Market & Technologies 2017-2024
- Global Homeland Security & Public Safety Markets, Industry & Technology 2017-2022
- Big Data & Data Analytics Market in Homeland Security and Public Safety 2017-2022
- X-ray Baggage, Cargo, People, Container & Vehicle Screening Systems Market 2017-2021
- Global Video Analytics, VCA, ISR & Intelligent Video Surveillance Market – 2017-2022
- Safe City Market, Technologies & Industry – 2017-2022
- Cybersecurity Market & Technologies – Focus on Europe – 2017-2022
Explore more Reports at http://www.homelandsecurityresearch.com.
About Homeland Security Research Corp. (HSRC)
HSRC is an international market and technology research firm specializing in the Homeland Security & Public Safety industry. HSRC provides premium off-the-shelf and customized market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insight into business opportunities. HSRC's clients include the U.S. Congress, DHS, U.S. Army, U.S. Navy, DOD, DOT, GAO, NATO and EU, among others; as well as government agencies in Japan, Korea, Taiwan, Israel, Canada, UK, Germany, Australia, Sweden, Finland, Singapore. With over 750 private sector clients (72% repeat customers), including major defense and security contractors and Fortune 2000 companies, HSRC earned the reputation as the industry's Gold Standard for HLS & PS market reports.
Washington D.C. 20004, 601 Pennsylvania Ave., NW Suite 900,
Tel: 202-455-0966, [email protected], www.homelandsecurityresearch.com
SOURCE Homeland Security Research Corp. (HSRC)
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article