Homeland Security Market to Witness Widespread Expansion During 2021 – 2028

Posted by Kaustubh Ravan on April 28th, 2021

Homeland security is department of United States which was established to prevent terrorist attacks, provide credible security against cyber fraud and cyber espionage. The Department of Homeland Security includes various operational and support components such as United States Customs, Immigration Services (USCIS) and United States Citizenship Protection (CBP), The United States Coast Guard, The Federal Emergency Management Agency (FEMA), United States Immigration, Customs Enforcement (ICE) and The Federal Law Enforcement Training Center. The Transportation Security Administration (TSA), The United States Secret Service (USSS), The Directorate for Management, National Protection and Programs Directorate, The Science and Technology Directorate, Domestic Nuclear Detection Office, Office of Intelligence and Analysis and Office of Operations Coordination. The general IT modernization has improved the record keeping and management of cases across the security department and hence has gained wide acceptance.

The global homeland security market is driven by the increasing risk of terrorist attacks in the recent years. One of the major factors boosting the growth of sparkling drinks market is the need of organized command centers for effective security management for prevention and controlling of internal and external attacks.  Various other factors such as cybercrime, piracy, risk of cross border terrorism, human trafficking, drug trade, internal dissent and separatist movements will boost the homeland security market growth over the forecast period. The security checking, need for effective identification and the necessity to provide access control to critical infrastructure have also led to the adaptation biometric and other identification technologies. Increasing cases of smuggling is anticipated to augment the demand for homeland security across the globe.

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The homeland security market is segmented based on type, end user and regions. Based on type the market is segmented into aviation security, mass transport security, critical infrastructure security, border security, mass transport security, maritime security, border security, cyber security and CBRN. On the basis of end user the market is classified into private sector and public sector.
The market for homeland security market is segmented based on five regions they are Middle East, Europe, Asia-Pacific, Latin America and North America. North America holds a major share in the homeland security market owing to rapidly increasing threat from terrorist and political dissents. U.S. marks the significance of presence of many major players in the global homeland security market. The European Homeland security market is also expected to receive high growth during the forecast period due to increase in instances of drug trafficking. Asia-Pacific is predicted to witness high growth in the global homeland security market over the forecast period.

Some of the major players functioning in the global homeland security market include Lockheed Martin Corporation, IBM Corporation, Unisys Corporation, L-3 Communications Holdings, Inc, . General Dynamics Corporation, Northrop Grumman Corporation, SAIC, Finmeccanica SpA and Elbit Systems Ltd. Major players operating in the global market are focused on some of the major market strategies such as partnerships, mergers, collaborations and acquisitions to hold their position competitive global market. Likewise, they are engaged on gaining hold on the local players to support their product supply and to grow their market reach in the global market.

The Homeland Security Market

By Type

• Aviation Security
• Critical Infrastructure Security
• Mass Transport Security
• Border Security
• Maritime Security
• Cyber Security
• CBRN.

By End user
• Public sector
• Private sector

By region

• Europe
• North America
• Asia-Pacific
• Latin America
• Middle East

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