Homeland security is a government initiative for protecting nations from natural and man-made calamities. Homeland security system increases the resilience of a nation against threats such as terrorism, illegal immigration, smuggling, natural disasters, cyber frauds, and others. The market is primarily driven by the government initiatives to prevent territorial and cross-border wars. However, high price of these products and lack of skilled workforce for operating these products and services are expected to restrict the growth of the homeland security. Moreover, growing need for information security in public and private sector organization including railways, energy, utilities, IT & telecommunication, military, and others is expected to create numerous opportunities for the homeland security market.
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The homeland security market offers products, services, and systems to government and private sector organizations for the protection of the public and private assets of a nation from antisocial threats. These offerings are applied in various fields including border security, aviation security, maritime security, cyber security, and others. Border security protects a nations border areas from illegal trespassing of people, weapons, drugs, smuggled goods, terrorist attacks, and others. Maritime security encompasses security of oceanic boundary of countries, ports, vessels, and facilities, including oil storage facilities, and passenger vessel terminals. Sensitive private and public infrastructure of nations, including government facilities & defense establishments, holy places, public places, chemical & manufacturing set-up, stadiums, and others, are safeguarded by critical infrastructure security. In addition, the CBRN market deals with the threat to mankind caused by chemical, biological, radiological, or nuclear contaminants.
The prominent players offering homeland security across the globe include IBM Corporation, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, L-3 Communications Holdings, Inc., Unisys Corporation, Harris Corporation, Elbit Systems Ltd., SAIC, and Finmeccanica SpA.
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The world homeland security market is segmented based on type, end user, and geography. 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, CBRN (chemical, biological, radiological, and nuclear) security, and others (first responders, counter terror intelligence, C3I, pipeline security). Public and private sectors are the key end users in the market. The homeland security market is analyzed on the basis of geography, which includes North America, Europe, Asia-Pacific, and LAMEA.
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