Homeland Security Market

Posted by Mayuri Kathade. on September 5th, 2019

Homeland Security Market was valued US$ 302 Bn in 2017 and is expected to reach US$ 485 Bn by 2026, at a CAGR of 6.1% during a forecast period.

Homeland security is a government proposal for protecting nations from natural and man-made calamities. Increasing risk of terrorist attack, use of immigration-related in defense and rising cases of cybercrime and other cyber fraud are the factors driving the growth of the homeland security market. Furthermore, the number of smuggling and trafficking cases has increased so protective measures such as homeland security products and the government to safeguard the interests of the country are adopting homeland security systems.

The high price of these systems and lack of skilled workforce for operating these systems and services are projected to limit the growth of the homeland security market.

Global Homeland Security Market

Cybersecurity is expected to the maximum revenue share in the overall homeland security market, due to the growing threat of cybercrime, cyber terrorism, and internet fraud. Major Cyber protection risks arise from the widespread and increasing dependence on information and communication technology infrastructure, which has led the focus on ensuring safety by opposing cybercrime and advancing national defense capabilities.

North America is estimated to the leading region in the homeland security market followed by the Asia Pacific owing to a huge expenditure in the defense segment and technological advancements. However, emerging countries such as India and China are projected to drive the regional growth over in future.

Some of the key players in the global homeland security market are IBM Corporation, Raytheon, Lockheed Martin Corporation, General Dynamics Corporation, Thales Group, Northrop Grumman Corporation, Megal Security Systems Ltd., L-3 Communications Holdings, Inc., FLIR Systems, Unisys Corporation, Harris Corporation, Elbit Systems Ltd., SAIC, and Finmeccanica SpA.

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Scope of the Global Homeland Security Market

Global Homeland Security Market by Type

• Border Security

• Aviation Security

• Maritime Security

• Critical Infrastructure Security

• Cyber Security

• Mass Transport Security


Global Homeland Security Market by End-User

• Public

• Private

Global Homeland Security Market by Geography

• North America

• Europe

• Asia-Pacific

• Middle East & Africa

• South America

Key Players operating in the Global Homeland Security Market

• IBM Corporation

• Raytheon

• Lockheed Martin Corporation

• General Dynamics Corporation

• Thales Group

• Northrop Grumman Corporation

• Megal Security Systems Ltd.

• L-3 Communications Holdings, Inc.

• FLIR Systems

• Unisys Corporation

• Harris Corporation

• Elbit Systems Ltd.


• Finmeccanica SpA

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Mayuri Kathade.

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Mayuri Kathade.
Joined: August 26th, 2019
Articles Posted: 146

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