The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising terrorist attack incidents are likely to promote innovation in homeland security manufacturing, propelling the market during the forecast period.

The global homeland security market is expected to grow from $447.25 billion in 2022 to $482.43 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The global homeland security market is expected to grow to $624.60 billion in 2027 at a CAGR of 6.7%.

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Global Homeland Security Market Segments Include:

• By Type: Border Security, Aviation Security, Maritime Security, Critical Infrastructure Security, Cyber Security, Mass Transport Security, Law Enforcement, CBRN (Chemical, Biological, Radiological And Nuclear) Security, Other Types (First Responders, Counter Terror Intelligence, C3i, And Pipeline Security)
• By Technology: Recognition And Surveillance Systems, AI-based Solutions, Security Platforms, Other Technology (CBRN Solutions and Communication Platforms)
• By End-User: Public Sector, Private Sector
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global homeland security market in 2021.

Major Market Players in the homeland security market include General Dynamics Corporation, L3harris Technologies Inc., Leonardo S.P.A., Northrop Grumman Corporation, Thales Group, Unisys Corporation, FLIR Systems Inc, Harris Corporation.

Technological advancements are a crucial trend that is gaining traction in the homeland security market. To strengthen their position in the homeland security sector, major corporations are focusing on developing innovative technical solutions. For example, Elbit Systems, an Israel-based homeland security company, introduced a helicopter vision suite in July 2022 that combined fifth-generation aviation technology for military helicopters. It features a sophisticated sensor array, an AI-powered mission computer, and a one-of-a-kind Helmet Mounted Display (HMD) system. This gives them a real-time, clear, and wide field of view in poor weather and visibility situations.

The Homeland Security Global Market Report 2023  provides a homeland security market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The homeland security market forecast analyzes homeland security market size, homeland security market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A homeland security programme is one that focuses on the recovery and mitigation of all catastrophes and disasters. The program’s main goal is to prepare people to respond to and be effective in the case of a local, statewide, or national disaster or emergency.

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