Global border security market will reach $19.34bn in 2013

Thursday 24 January 2013, Amsterdam

The Global Border Security Market 2013-2023: UAVs, UGVs and Perimeter Surveillance Systems , the latest defence and security report, values the global market for border security at $19.34bn in 2013, due to the high value placed on the security and effectiveness of border security systems in order to protect citizens against various external threats.

The defence analyst stated that: ‘Border Security will remain an important global market over the next decade as nations continue to enhance the protection of their borders in order to counter increasingly destabilising threats such as smuggling, illegal immigration, terrorism, piracy or significant cross border tensions and potential hostilities. Whilst budgetary restraints will cause some countries to cut back on the services they provide and the systems they acquire, the border security market will still see investment in both tried and tested equipment alongside new areas of technology such as biometrics and unmanned systems which will help improve cost efficiency, whilst maintaining security effectiveness. Moreover, there are numerous emerging markets around the world increasing their border security provisions through increased economic growth, large scale modernisation projects or in preparation for major international events.’

The report has 233 pages and contains 216 tables, charts and graphs that illustrate trends and market projections within the global border security market. The study provides forecasts for the overall global border security market as well as 5 separate submarkets from 2013-2023 for Perimeter and Border Surveillance Systems, IT Systems, Manned Vehicles, Vessels and Aircraft, UAVs, UGVs and Support and Other Services. The report also provides forecast and analysis for the 15 leading national border security markets for the period 2013-2023 with tables detailing contracts within each national market. The report also provides profiles of 20 leading companies operating within the market, including 3 interviews with established defence and border security companies such as QinetiQ North America, IntelliCam LLC and SRC Inc. providing expert insight alongside the analyses.

The Global Border Security Market 2013-2023: UAVs, UGVs, and Perimeter Surveillance Systems report will be of value to current and future investors into the overall border security market, as well as to companies and research centres who wish to broaden their knowledge of the border security market.