The report on global homeland security market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global homeland security market to grow with a CAGR of 5.2% over the forecast period of 2018-2024. The study on homeland security market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Homeland Security works in the civilian sphere to protect the states within an outside its borders. Its stated goal is to prepare for, prevent, and respond to domestic emergencies particularly terrorism. The main objective of the homeland security is to secure country’s borders, airports, seaports and waterways research and develop the latest security technologies and other critical infrastructure and respond to natural disasters or terrorists acts and analyze intelligence.
Rising risk of terrorist attack, use of immigration related in defense and increasing cases of cybercrime and another cyber fraud are the factors driving the growth of the homeland security market. Additionally, government initiatives to prevent territorial and cross-border wars fuels the growth of the homeland security market. Moreover, number of smuggling and trafficking cases has increased therefore protective measures such as homeland security products and the government to safeguard the interests of the country are adopting these systems. Thus, this factor has significantly influenced the growth of the market.
On the other hand, lack of skills workforce and high cost of security products are anticipated to hamper the growth of the homeland security systems market over the forecast period. Moreover, need for information security and database in public and private sector organizations including railways, energy, military and telecommunication have opened several doors of opportunities for the key players in the homeland security market.
Among the geographies, North America is anticipated to be the leading region in the homeland security market followed by Asia Pacific region due to huge expenditure in the defense segment and technological advancements. Additionally, growth for homeland security products for countering terrorist threats is anticipated to show a profitable growth in the European regions. On the other hand, emerging countries such as India and china are anticipated to drive the regional growth over the upcoming years. Probably in India safety, concerns regarding terrorist attacks have encouraged the central government to highly focus on the country’s security and defense infrastructure. Furthermore, cyber security is anticipated to be the fastest growing segment owing to the regions such as North America and Europe that are heavily investing in the cyber defenses, which in turn is driving the growth of homeland security, market.
The report on homeland security market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global homeland security market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global homeland security market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
The global homeland security market is segmented on the basis of type and end-user.
Global Homeland Security Market by Type
? Aviation Security
? Border Security
? Critical Infrastructure Security
? Martitime Security
? Mass Transport Security
? Cyber Security
Global Homeland Security Market by End-user
? Public Sector
? Private Sector
? General Dynamics
? Elbit System
? Thales Group
? FLIR Systems
? Lockheed Martin
How this report delivers?
1. Comprehensive analysis of global as well as regional markets of homeland security market.
2. Complete coverage of all the segments in homeland security market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global homeland security market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.