According to a new market research report “Global Homeland Security & Public Safety Market – 2019-2024: 8-Volume Mega-Report”, published by Homeland Security Research Corp. (HSRC), the global homeland security & public safety market is expected to grow from $431B in 2018 to $606B in 2024, at a CAGR of 5.8%.
HSRC is proud to publish the industry’s gold standard for homeland security & public safety market research reports. The report consists of 16 vertical, 24 technology and 43 national market reports, segmented into 630 submarkets.
This 2420-page market report is the utmost comprehensive review of the global homeland security & public safety market available today. The objective of this mega-report is to provide today’s strategic decision-makers with an expert 360-degree, time-sensitive, detailed view of this interconnected market.
17 years have passed since 9/11, and the global public safety & homeland security market, technologies and industry are forecast to go through major shifts. According to the report, market growth will be driven by the following factors:
New and maturing technologies, (e.g., UGV, Counter drown systems, artificial intelligence, big data & data analysis, smart sensors, AI-based cyber security, 5G, TETRA & LTE emergency communication and AI based video analytics)
President Trump’s national security & law enforcement agenda
PRC President Xi’s internal security policy
Cybercrime and cyber terrorism
The turmoil in the Arab world – the ongoing conflicts in Iraq, Syria and Yemen, and the Shia-Sunni conflict
An “invest whatever it takes” approach of autocratic and semi-autocratic governments (e.g., Saudi-Arabia, Iran, Egypt, Russia, Turkey) to avoid regime change
High security spending by governments (e.g., Israel, Brazil, Nigeria) exposed to high risk of terror and/or crime
Climate warming-related natural disasters growth
The Asian-Pacific & North American markets will continue to dominate the market, holding together over 50% of market share during the forecast period. Market analysis by country shows that Saudi Arabia, UAE, the U.S.A. and Israel are the leading countries in terms of market size per citizen. Additional questions answered in each of the 83 reports include:
What is the market size and what are the trends of 83 markets & 630 sub-markets during 2017-2024?
What are the submarkets that provide attractive business opportunities?
Who are the decision-makers?
What drives the customers to purchase security solutions and services?
What are the customers looking for?
What are the internal security technology & services trends?
What are the 83 markets SWOTs (Strengths, Weaknesses, Opportunities and Threats)?
What are the challenges to market penetration & growth?
With a highly fragmented market we address the “money trail” – each dollar spent, according to technology, vertical, national, revenue source and expenditure markets.
Resource link: https://homelandsecurityresearch.com/counter-drone-market-forecast-2/
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