Homeland Security and Emergency Management Market: By Installation (New Installation, Upgrade), By Solution (Services, Systems), By Technology (Al-Based Solutions, Blockchain Solutions, C2 Solutions, Thermal Imaging Technology, Facial Recognition Cameras, Others), By End Use (Law Enforcement & Intelligence Gathering, Border Security, Risk & Emergency Services, Maritime Security, Aviation Security, Cyber Security, Others), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
Homeland security refers to a nation's efforts to protect and secure its territory. Moreover, it makes a nation more robust to threats like terrorism and other dangers so that the interests, aspirations, and lifestyles of its people can flourish. Homeland Security guards against terrorism, lessens its susceptibility, and reduces the impact of any attacks that do take place. Both man-made and natural disasters are included in the definition of homeland security. Emergency Management contains the appraisal of actual and anticipated disasters, the provision of proper warning systems, shelters, and disaster preparedness strategies. Experts in emergency management plan and carry out procedures to handle chemical, nuclear, reactor, and radiological accidents in addition to natural disasters.
Homeland Security and Emergency Management Market to surpass USD 1157.7 billion by 2032 from USD 636.36 billion in 2021 at a CAGR of 5.6% in the coming years, i.e., 2022-32. The recent surge in border trespassing in North America, Europe, and Asia-Pacific is anticipated to fuel the Homeland Security and Emergency Management Market. The market is also expanding due to factors like the sharp increase in terrorism and terrorism-related fatalities over the past years, the growing demand for improved situational awareness, and rising investments in homeland security systems.
Homeland Security and Emergency Management Market is categorized on the basis of Solution into Services and Systems. Due to the growing number of international threats, the systems segment is anticipated to dominate the Homeland Security and Emergency Management Market. One of the major elements driving the growth of the systems segment is the increased demand for non-lethal weapons used to quell riots. The segment is also growing as more law enforcement organizations throughout the world are increasingly buying new homeland security equipment.
Homeland Security and Emergency Management Market is categorized on the basis of End Use into Law Enforcement & Intelligence Gathering, Border Security, Risk & Emergency Services, Maritime Security, Aviation Security, Cyber Security, and Others. Organizations are expected to install more web and mobile apps, which will dominate the cyber security sector. Advanced cyber security tools preserve confidentiality, integrity, and availability while providing comprehensive security for crucial corporate applications.
Get More Information - Download Free Sample
The Homeland Security and Emergency Management Market is expanding due to the rising use of IoT and rising public safety investment. The market is majorly progressing due to the surge in terrorist incidents and problems with border security. Since they minimize downtime and offer affordable solutions, homeland security and emergency management solutions have a number of advantages, including uninterrupted connectivity and communication. They also allow businesses to give greater protection to civilians and military personnel.
The decision-makers should be capable of processing, identifying, and analyzing essential systems of information regarding the battlefield scene during combat missions. During this, homeland security and emergency management are crucial to air, naval, and land-based operations. To assure access to a real-time situational awareness database, new technologies offer extensive C5ISR capabilities. Over the forecast period, this is anticipated to drive the Homeland Security And Emergency Management Market.
One main issue for providers of security solution is the slower adoption of the homeland security solutions and systems. When governments first employ scanning and facial detection technology, privacy concerns are a big problem. Protests by the public also impact the governments in decision-making and the speedy adoption of solutions and systems. The proactive measures play a key role in securing a nation from forthcoming threats.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Homeland Security and Emergency Management Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In 2019, North America held a major market share. The homeland security emergency management organization claims that in recent years, the United States has invested in improving its naval, ground, and airborne assets. Also, the region's market is growing since major countries are demanding communication systems and higher adoption of cutting-edge technologies in battlefield management.
Asia Pacific is anticipated to experience the faster growth in the Homeland Security and Emergency Management Market during the forecast period due to rising demand from various nations.
The Coronavirus pandemic caused a major decline in global travel, which ultimately reduced the demand for new tools for customs control and border. The rise in riots, insurgent activity, and natural calamities over the past two years, on the other hand, has boosted demand from end users in law enforcement and emergency management.
REPORT ATTRIBUTE |
DETAILS |
Market Size Value in 2021 |
USD 636.36 billion |
Revenue Forecast in 2032 |
USD 1157.7 billion |
Growth Rate |
CAGR of 5.6% from 2022 to 2032 |
Base Year for Estimation |
2021 |
Quantitative Units |
Revenue in USD billion and CAGR from 2022 to 2032 |
Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered |
Installation, Solution, Technology, End Use, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key Companies Profiled |
IBM, Raytheon Technologies, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, Collins Aerospace, Leidos, L3Harris Technologies Inc., Booz Allen Hamilton Holding Corporation, CACI International Inc., Elbit Systems Ltd, Unisys Technology Solutions, Zebra Technologies, FLIR Systems, and Other Prominent Players. |
The Homeland Security and Emergency Management Market size was estimated at USD 636.36 billion in 2021 and is expected to reach USD 1157.7 billion in 2032.
Homeland security refers to a nation's efforts to protect and secure its territory. It guards against terrorism, lessens its susceptibility, and reduces the impact of any attacks that do take place.
The Systems and Cyber Security segments accounted for the larger share of the Homeland Security and Emergency Management Market.
Key players in the Homeland Security and Emergency Management Market are IBM, Raytheon Technologies, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, Collins Aerospace, Leidos, L3Harris Technologies Inc., Booz Allen Hamilton Holding Corporation, CACI International Inc., Elbit Systems Ltd, Unisys Technology Solutions, Zebra Technologies, FLIR Systems, and Other Prominent Players.
. The recent surge in border trespassing in North America, Europe, and Asia-Pacific, the sharp increase in terrorism and terrorism-related fatalities over the past years, and the growing demand for improved situational awareness are anticipated to fuel the Homeland Security and Emergency Management Market.
Select License Type
Select License Type
FATPOS CLIENT Appriciation DURING THE PROJECT