TMCnet News

Need for Quick Response Time Will Lead to Growth in the Global Homeland Security Market by 2019: TechNavio
[January 20, 2015]

Need for Quick Response Time Will Lead to Growth in the Global Homeland Security Market by 2019: TechNavio


According to a new report from research firm TechNavio, the Global Homeland Security Market is expected to grow at a CAGR of 9.86 percent from 2014-2019.

About the Report

As the number of terror attacks increase worldwide, corrective methods are being taken, especially in mass transit locations like railway stations, airports and marine ports. It has become crucial for law enforcement agents to be proactive while taking precautionary measures for the safety of the general population, looking for suspects, and rescuing victims in case of an attack.

"The need for quick responses to catastrophic attacks has become a priority, and this is expected to promote growth in the Global Homeland Security Market during the forecast period," says Faisal Ghaus, Vice President of TechNavio.

The new report by TechNavio also emphasizes the increased focus on public safety, which requires adequate availability of security systems that can protect and assure people of their safety. The growing need for public safety and security is expected to accelerate the growth of the market through 2019.

"To protect people from terrorist attacks, law enforcement is looking to advanced systems. The need to modernize security IT infrastructure and technology has become a top priority," says Ghaus.

Key Information Covered in the Report:

  • Market segmentatin, size and forecast through 2019
  • Market Growth Drivers:
    • Need for Quick Response to Catastrophic Attacks
    • For a full detailed list, view our report.
  • Market Challenges:
    • Discrepancies in Government Regulations
    • For a full detailed list, view our report.
  • Market Trends:
    • Increased Focus on Public Safety and Security
    • For a full detailed list, view our report.
  • Key Vendors:
    • BAE Systems (News - Alert) Inc.
    • General Dynamics Corp.
    • Lockheed Martin Corp.
  • Other Prominent Vendors:
    • Accenture (News - Alert)
    • Boeing
    • Bruker
    • DRS Technologies



TechNavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the security market:

If you are interested in more information, please contact our media team at [email protected].



[ Back To TMCnet.com's Homepage ]