Global Homeland Security Market

Homeland Security Market Size, Share, Growth Analysis, By Technology(Border Security, Aviation Security, Maritime Security, Critical Infrastructure Security), By Technology(Recognition and surveillance systems, AI-based solutions, Security Platforms, Others (CBRN solutions and communication platforms)), By End-User(Public sector, Private sector), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2122 | Region: Global | Published Date: September, 2024
Pages: 197 | Tables: 101 | Figures: 80

Homeland Security Market Regional Insights

North America dominated global homeland security market. As a result of the numerous military modernization and improvement programs planned in the region, North America is among the regions expected to experience significant growth. Additionally, it is anticipated that increased investments by the nations in this region to strengthen national security against a variety of threats will encourage the development of advanced instruments in the region.

Asia-Pacific is the fastest-growing region in the global Homeland Security market. This is brought on by an increase in the rate of police force modernization, an increase in yearly budgetary spending on homeland security, and a rise in the number of terrorist incidents in the area. Better maritime security is becoming more and more in demand throughout the area from nations like Japan, Sri Lanka, India, and Bangladesh. Additionally, regional governments' efforts to improve public and property safety are anticipated to support the expansion of the worldwide homeland security market in the Asia Pacific region in the foreseeable future.

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Homeland Security Market size was valued at USD 576.94 Billion in 2022 and is expected to grow from USD 628.86 Billion in 2023 to USD 994.77 Billion by 2031, at a CAGR of 9.00% during the forecast period (2024–2031).

The market for homeland security on a worldwide scale is very competitive. This is related to the continual R&D activities and launches of new technologies by value chain participants. Additionally, major businesses are implementing a variety of corporate expansion methods in order to increase their footprint on a regional and international scale. 'Elbit Systems Ltd. (Israel) ', 'General Dynamics Corporation (US) ', 'L3Harris Technologies, Inc. (US) ', 'Magal Security Systems Ltd. (Israel) ', 'Raytheon Technologies Corporation (US) ', 'Safran (France) ', 'Thales (France) ', 'Unisys (US)  ', 'Lockheed Martin Corporation (US) ', 'Northrop Grumman Corporation (US) ', 'Thales Group (France) ', 'BAE Systems (UK) ', 'SAIC (US) ', 'Boeing (US) ', 'Leido (US) ', 'CACI International Inc. (USA) ', 'Ernst & Young Global Limited (UK) ', 'IBM Corporation (US) ', 'Accenture (Ireland) ', 'Atos SE (France) ', 'Deloitte Touche Tohmatsu Limited (UK) ', 'KPMG International Cooperative (Netherlands) ', 'PwC (UK) ', 'Booz Allen Hamilton Inc. (US) ', 'Honeywell International Inc. (US)'

Cross-border conflicts and civil wars are on the rise across the world. Nation-to-nation border disputes are a result of expansionism, terrorism, and the ownership of natural resources, among other factors. While political discontent and territorial disputes are the main causes of civil wars. Several governments are taking major measures to contain these disputes, and as a result, they are investing significantly in the nation's homeland security.

Social networking's widespread use and the development of information technology offer countless advantages in both the home and workplace. However, these benefits might also cause issues with various cyber exploitation concerns. Across national and international boundaries, Advances in Cyber Security brings together the expertise of cyber security specialists from academia, government, and industry to provide ways and means that protect and preserve the cyberspace ecosystem.

North America dominated global homeland security market. As a result of the numerous military modernization and improvement programs planned in the region, North America is among the regions expected to experience significant growth. Additionally, it is anticipated that increased investments by the nations in this region to strengthen national security against a variety of threats will encourage the development of advanced instruments in the region.

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Global Homeland Security Market

Report ID: SQMIG45J2122

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