Seoul Homeland Security Market

Israeli companies are getting more active in the South Koran homeland security market but face growing competition from u.s companies. In 2012, the South Korean homeland security market was valued at US$324 million and is expected to grow at a rate of 9.01% in the coming years.

SECON 2013 is a security and homeland security event to be held next month in Seoul.

The growth is anticipated to reflect the threat from both indigenous terrorist groups and international terrorist organizations such as Al-Qaeda. Within the South Korean homeland security market, the aviation security market is forecast to grow at a CAGR of 9.86% from an estimated value of US$439.4 million in 2012 to US$703.2 million in 2017, as a result of the development of new airports, increased air traffic, terminal expansion plans and the globalization of terror activities.

The event is sponsored by three Korean ministries — the Ministry of Knowledge Economy, the Ministry of Public Administration and Security and the Ministry of Land, Transport and Maritime Affairs. It is co-organized by influential security media and associations in South Korea including SecurityWorld Magazine and Boannews Daily, Korea Defense Industry Trade Support Center, Korea Electronics Technology Institute, Electronics and Telecommunications Research Institute, the Korean Association for Industrial Technology Security, Intelligent Transport System of Korea, Knowledge Information Security Industry Association, Korea Association of Chief Security Officer, Korea Digital CCTV Research Association, Korea Safety Security Association of Technology Education, Korean Institute of Security, ASIS International (Seoul Branch), Korea Corporate Security Manager’s Council, Korea CCTV Industry Association. and Korean Police Studies Association.

Exhibitors at SECON 2013 will present their latest technology innovations in Video Surveillance, Access Control, Biometric Recognition, Alarm Monitoring as well as Homeland Security, Risk Management, Intelligent Transportation and IT security. SECON 2013 will bring manufacturers, dealers & installers, system integrators, and corporate end-users of security products and services from across the globe together to learn, evaluate, and competitively source in a highly productive environment.

SECON 2013 will be held from March 6~8, 2013, at the Korea International Exhibition Center (KINTEX), South Korea .