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Report: Recent Developments in the Global Homeland Security Market

Jan 15, 2014

This post is also available in: עברית (Hebrew)

12 years have passed since 9/11 and the global Homeland Security (HLS) & Public Safety markets are going through major shifts. Markets once dominated by the U.S. and EU are now moving east. New and maturing sensor and ICT technologies create new market niches and fresh business opportunities. These shifts lead a $305 billion 2011 market to a $546 billion by 2022.

This three volume report prepared by ReportLinker is the most comprehensive review of the Global Homeland Security & Public Safety market available today.

IHLS – Israel Homeland Security

Aviation Security: This market which was dominated by the U.S. and the EU during 2002-2012, will be overtaken by China and the Gulf states during the 2014-2022 period. These regions will combine to a market share of more than 60% of the global sales of the new aviation security systems and devices.
Big Data: The HLS & Public Safety related Big Data technology market is forecasted to grow at a 2014-2022 CAGR of 37%, the fastest growing HLS & Public Safety technology sector. The U.S. market share is 51% while the EU market share is forecasted to take more than 21% of the market.
Cross-border illegal immigration, organized crime, smuggling of goods & narcotics, and terror are the main drivers of the land border and maritime security markets growth.
Safe Cities: As you read this preview, over 2300 municipalities around the globe are executing or planning their Safe City projects to enhance civilian security, safety, local economy and quality of life. A Safe City price tag ranges from $billions (e.g. Dubai $2.3 billion, Guangdong Province “Safe City Corridor” $6 billion) down to a few $millions for a community “Safe City” project.
According to recent reports (e.g., the UN) climate related natural disasters grew during the recent decade by more than 13%. The Natural Disasters Preparation & Response equipment cumulative 2014-2022 market is forecasted to surpass the $150 billion level.
Cyber Security: Driven by Cyber-Terror and Cyber-Crime, the Cyber Security 2014-2022 market is forecasted to be the largest HLS & Public Safety technology sector, with cumulative sales of more than $700 Billion.