Homeland Security Market - Industry Forecast and Analysis

Homeland Security Market - Industry Forecast and Analysis

  • Submitted By: john55364
  • Date Submitted: 05/07/2015 12:36 AM
  • Category: Business
  • Words: 2414
  • Page: 10

Transparency Market
Research

Homeland Security Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2020

Published Date
2014-07-02

107 Page Report

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Press Release

Global Homeland Security Market is expected to Reach USD
364.44 Billion in 2020
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Homeland Security Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Homeland Security Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2020,” the global homeland
security market was valued at USD 245.72 billion in 2013, growing at a CAGR of 5.6% from 2014 to 2020 to
account for USD 364.44 billion in 2020.
Browse Full Homeland Security Market Research Report With Complete TOC @
http://www.transparencymarketresearch.com/homeland-security-market.html
The major factor driving the growth of homeland security market is several government initiatives
undertaken to restrict increasing terrorist threats and cross border insurgency. In addition, rising cases of
illegal immigration, drug smuggling and human trafficking is compelling the governments of various
countries to invest heavily in procurement of homeland security products. Growing demand for products
and solutions to tackle increasing risks of cyber attacks is also contributing to the growth of this market.
Moreover, adoption of unmanned aerial vehicles (UAVs) by various armies for border surveillance is
influencing the growth of this category. Some of the government initiatives undertaken to enhance
homeland security include Sisfron program undertaken by Brazil, TECS Mod program undertaken by the
U.S., and Project Cytoon undertaken by South Africa among others.
On the basis of security type, the homeland security...

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