PUBLISHER: Allied Market Research | PRODUCT CODE: 1414902
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414902
The Homeland security market is likely to experience a significant growth rate of 5.6% from 2023-2032 owing to as government initiatives to protect nation from cross border disputes and civil wars, rise in security threats from increasing terrorism, cybercrimes, cross-border infiltration incidents globally, and technological advancements in surveillance, biometric identification, imaging systems- Allied Market Research
Europe is one of the major regions of the global homeland security industry, dominated by Western European countries like France, Germany and the UK which are prioritizing critical infrastructure hardening initiatives particularly across the financial services, energy distribution and mass transportation sectors. The UK has implemented sophisticated CCTV visual analytics networks leveraging AI for crowd behavioral monitoring while France and Germany are tightening sensitive facilities access controls and first responder mobilization platforms.
Moreover, European countries have collaborated with technology solutions providers to further improve national security. For instance, in February 2022, Europe Airbus and the Organization for Joint Armament Co-operation (OCCAR) signed the Eurodrone global contract. This contract covers the development and manufacturing of 20 systems and five years of initial in-service support. OCCAR signed the contract on behalf of the four launch nations Germany, France, Italy, and Spain. Eurodrone is a Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft System (RPAS) designed for Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR) missions and homeland security operations.
In addition, in July 2022, the European Public Prosecutor's Office (EPPO) signed a working arrangement with the U.S. Department of Justice and the U.S. Department of Homeland Security. This agreement, signed on aims to facilitate cooperation in investigations and prosecutions related to criminal offenses falling within their respective jurisdictions and competences. Therefore, many initiatives and investments by European governments support the market growth in the region. European countries, including the UK, France, and Germany, prioritize homeland security with measures like AI-based crowd monitoring and facility access controls. Collaborations with tech firms, such as
1) Airbus, and international agreements, like the one with the U.S., demonstrate a commitment to enhancing national security and driving market growth.
Moreover, the Japan Network Security Association (JNSA) in Japan, the Homeland Security Information Network (HSIN) in the U.S., and the Information Security Research Association (ISRA), a global association for information security research, are some examples of nations that have departments and ministries dedicated to information security as part of their homeland security efforts.
Therefore, as agencies prioritize budget allocations towards shoring information infrastructure security gaps institution-wide, a lucrative long term modernization opportunities pathway emerges for cybersecurity partners supporting necessary transformation. There is apprehension regarding unregulated government tracking of innocent civilians without reasonable cause or obtaining proper consent. Suspicions persist around potential misuse of captured information for purposes beyond just public safety like targeted advertising or suppression of political dissenters.
In addition, many governments are adopting AI technologies to improve the accuracy of security systems. For instance, in September 2023, the U.S. Department of Homeland Security (DHS) revealed new policies concerning the utilization and procurement of artificial intelligence (AI) technologies, which focus on facial recognition and face capture technologies. These policies establish guidelines for the department's exploration of leveraging AI to enhance critical missions and developing defenses against potential malicious uses of AI by adversaries. Such developments are expected to propel the growth of the market.
The homeland security market is segmented on the basis of type, end-user, technology, and region. Based on the type of homeland security, the market is segmented into border security, aviation security, maritime security, critical infrastructure security, cyber security, mass transport security, law enforcement, CBRN security, and others. On the basis of end-user, the market is categorized into public sector and private sector. In terms of technology, the homeland security market has been segmented into recognition and surveillance systems, AI-based solutions, security platforms, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the global homeland security market include IBM Corporation, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, L3Harris Technologies, Inc., Unisys Corporation, Elbit Systems Ltd., and Science Applications International Corporation (SAIC).
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