The Homeland Security Market 2013-2023

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The homeland security market is expected to record sustained growth throughout the forecast period 2013-2023. This according to a new Visiongain report.

The range and diversity of the homeland security market analyzed within this comprehensive report demonstrates significant regional variations, but this should not discount the impressive growth prospects that exist for homeland security spending both in mature and developing markets.

While defence spending falls in many developed markets, homeland security spending is expected to record continually impressive growth; the effect of unsecured spaces for public safety, national security, and economic order all combine to ensure that the continued threat will mandate significant spending in order to counter this threat. In other markets, the dual use of homeland security for establishing public order will also lead to sustained spending across a range of submarkets.

iHLS – Israel Homeland Security

A significant range of historical developments have conditioned the growth of the homeland security market, which essentially crystallised following the terrorist attacks on the US in September 2001, while it is expected that newer factors will become increasingly prominent in the market as the forecast develops.

The emergence of new technologies, particularly surveillance and access based systems, is expected to represent a major prospect while the importance of major international sporting and political events are similarly expected to provide significant boosts throughout the forecast period. All of these factors, and many more besides, will continue to provide funding opportunities throughout the forecast period.