Homeland Security and Emergency Management Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Homeland Security and Emergency Management Market size is projected to reach a CAGR of 7.2% from 2023-2030.
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Homeland security and emergency management involve the education of all the federal agencies and governments that make an effort to reduce, prevent, and minimize the damage from terrorist attacks, as well as human-made events and the first responders for natural disasters. Homeland security and emergency management help to avoid and deal with risks, majorly those that have catastrophic consequences for regions, communities, or entire countries.
The growing trend of IoT in public safety, increasing biohazard attacks and terrorist threats, and cyber threats leading to the up-gradation of IT systems are some of the major factors driving the growth of the homeland security and emergency management market. Moreover, the occurrence of unpredictable natural disasters owing to ever-changing climatic conditions is anticipated to boost the growth of the homeland security and emergency management market.
Key Findings
- The solution segment is further bifurcated into Systems and Services. The systems segment is anticipated to dominate the market during the forecast period.
- The vertical segment is further segmented into Homeland Security and Emergency Management. The Homeland Security segment is anticipated to dominate the market during the forecast period.
- The end-user segment is further fragmented into Cybersecurity, Aviation Security, Maritime Security, Law Enforcement and Intelligence Gathering, Critical Infrastructure Security, Risk and Emergency Services, Border Security, and Cbrne Security.
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Regional Analysis
Asia Pacific to Dominate the Market
The Asia Pacific homeland security and emergency management market is projected to grow at the highest CAGR during the forecast period.
The growth of the Asia Pacific homeland security and emergency management market is primarily driven by an increasing focus on the modernization of existing homeland security and emergency management systems by major economies in this region. In addition, factors including increasing geopolitical tensions and increased defense-related expenditure are expected to drive the demand for homeland security and emergency management in the region.
The Report helps to identify the opportunities in Global Regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.)
- The Middle East and Africa (North Africa and GCC Countries)
Recent Developments
In February 2020, BAE Systems received a contract worth USD 212 million from the US Navy’s Naval Air Warfare Center Aircraft Division (NAWCAD) to integrate the latter’s critical communication systems.
In January 2020, Raytheon received a contract worth USD 197 million from the US Air Force to design a ground system that is expected to be used to collect and process data from missile warning satellites.
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In addition to the market data for Homeland Security and Emergency Management Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
Gain authentic and granular data access for Homeland Security and Emergency Management Market so as to understand the trends and the factors involved behind changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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