The Homeland Security Global Market Report 2023, provides comprehensive information on the homeland security market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Homeland Security Global Market Report 2023, the global homeland security market size is expected to grow from $447.25 billion in 2022 to $482.43 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global homeland security market is expected to grow to $624.60 billion in 2027 at a CAGR of 6.7%.
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Technological developments are a key trend gaining popularity in the homeland security market. Major companies operating in the homeland security market are focused on developing new technological solutions to strengthen their position. For instance, in July 2022, Elbit Systems, an Israel-based operating in homeland security, launched a helicopter vision suite that integrated fifth-generation aircraft technology for military helicopters. It includes a sophisticated sensor array, an Artificial Intelligence (AI) powered mission computer and a unique Helmet Mounted Display (HMD) system. This provides them with a real-time, clear, wide field of view in challenging weather and visibility conditions.
The homeland security market is segmented:
1) By Type: Border Security, Aviation Security, Maritime Security, Critical Infrastructure Security, Cyber Security, Mass Transport Security, Law Enforcement, Cbrn (Chemical, Biological, Radiological And Nuclear) Security, Other Type (First Responders, Counter Terror Intelligence,C3i,And Pipeline Security)
2) By Technology: Recognition And Surveillance Systems, AI-based Solutions, Security Platforms, Other Technology (CBRN Solutions and Communication Platforms)
3) By End-User: Public Sector, Private Sector
North America was the largest region in the homeland security market in 2022.
The table of contents in TBRC’s homeland security market report includes:
1. Executive Summary
2. Homeland Security Market Characteristics
3. Homeland Security Market Trends And Strategies
4. Homeland Security Market – Macro Economic Scenario
5. Homeland Security Market Size And Growth
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26. Africa Homeland Security Market
27. Homeland Security Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Homeland Security Market
29. Homeland Security Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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