The Key Players in Port Security Management Market

Thursday 5 February 2015, Amsterdam

The new report recognizes the following companies as the key players in Global Port Security Management Market: Honeywell International Inc., L-3 Communications Holdings Inc., SAAB AB, Safran SA, Tyco International Ltd., Flir Systems Inc., Huawei Technologies Co. Ltd., James Fisher and Sons plc, Kerio Technologies Inc., Motorola Solutions Inc., NETASQ, Rapiscan Systems, Siemens AG, Unisys.

Commenting on the report, an analyst from the reports team said: “Continual technological advancement in this market has led to an increase in the applications of security products in airport and marine ports. In addition, port security product vendors are able to deliver high-quality output to customers. The rate of change and technological advancement in the market are very fast, and this has resulted in the development of advanced and highly accurate security products. Therefore, end-users can completely rely on the products. ”

According to the report, the Global Port Security Management market has many growth drivers, of which the growing security concerns is one of the major drivers. The intensity and occurrence of security attacks, issues, and threats is increasing massively. Recently, the number of thefts, robberies, and terrorist attacks has increased to a great extent. This has resulted in the increased adoption of port security solutions to curb breaches of security and eliminate security attacks.

Further, the report states that one of the key challenges faced by the vendors in this market is the high cost of implementation. Despite potential benefits associated with port security solutions, certain countries are refraining from investing in them, primarily because of their high costs. Also, there are certain hidden costs involved in the maintenance of these products, making end-users hesitant to adopt them.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.