According to IMARC Group’s latest report, titled “Homeland Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global homeland security market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 6% during 2021-2026.
Homeland security solutions are primarily deployed by the government of a nation within the civilian vicinity for optimum protection of its citizens. Homeland security involves various components, including thermal imaging devices, weapons, radars, and radiation and explosives detectors, to detect an anti-social threat. It also uses various communication systems, including tactical headsets, radios and satellite assisted equipment, and access control systems, such as modeling and simulation systems, for providing enhanced communications and security. Homeland security solutions are widely applied across public spaces, railways, defense establishments, and the military.
A rapid rise in terrorist and criminal activities has created the widescale requirement for enhanced security solutions, which is primarily driving the global homeland security market growth. Apart from this, favorable policies from governments of several nations to promote national security and limit cross-border insurgencies are propelling the market growth. Rapid technological advancements in security and weaponry systems, such as integration with the cloud, machine learning (ML), and the Internet of Things (IoT), are creating a positive outlook for the market further.
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Homeland Security Market 2021-2026 Competitive Analysis and Segmentation:
The competitive landscape of the homeland security market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the global homeland security market on the basis of type, system, end-user and region.
Breakup by Type:
Breakup by System:
Breakup by End-User:
Breakup by Region:
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Key highlights of the report:
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