The Key Players in The Global Mass Transit Security Market 2014-2018

Thursday 9 April 2015, Amsterdam

The new report recognizes the following companies as the key players in the Global Mass Transit Security Market: Axis Communications AB, Robert Bosch GmbH, NICE Systems Ltd., Panasonic Corp. and Samsung Group.

Other Prominent Vendors in the market are: AngelTrax, ARINC, Assa Abloy, Cisco, Fortem, Genetec, Hikvision Digital Technology, IndigoVision, Intergraph, Kratos Defense and Security Solutions, QNAP Systems, SAAB, Teleste, Tyco, Verint, Vivotek and XTS.

Commenting on the report, an analyst from the report's team said: “One major trend upcoming in the market is the need for public safety and security. Mass transit security systems are required to detect weapons, bombs, or any other device that is meant to harm a person or a place.”

According to the report, one of the major drivers in the market is the need for a quick response to catastrophic attacks. With an increase in terrorism, patrol teams must be proactive in looking for a suspect, act quickly to rescue victims, and take precautionary measures.

Further, the report states that one key challenge that the market faces is the discrepancy in government regulations. Increasing disparities in government regulations that oversee and test new technologies is directly affecting the growth of Global Mass Transit Security market.

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.