In a recent published report, Kenneth Research has updated the market report for U.S. Public Safety And Homeland Security Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for U.S. Public Safety And Homeland Security Market products.
16 years have passed since 9/11 and against the backdrop of doom and gloom predictions by some managers in the industry, Homeland Security Research Corporation analysts forecast a strong comeback of the markets, generating a solid 6% CAGR.
The bulk of this growth, however, will come from different markets, as the U.S. Homeland Security (HLS) & Public Safety markets are undergoing major shifts. Markets once dominated by the airport security and CIP are now moving to smart borders, safe cities and cybersecurity. New and maturing sensor and ICT technologies create new market niches and fresh business opportunities.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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The threats, hazards, trends, and other dynamics reflected in the drivers of change, suggest several prevailing strategic challenges that will transform and drive the U.S. homeland security & public safety market over the 2016-2022 period. These include the following:
The terrorist threat is evolving and, while changing in shape, remains significant as attack planning and operations become more decentralized. The U.S. and its interests, particularly in the transportation sector, remain persistent targets. Growing cyber threats are significantly increasing risk to critical infrastructure and to the greater U.S. economy.
Biological concerns, including bioterrorism, pandemics, foreign animal diseases and other agricultural concerns, endure as a top risk because of both potential likelihood and impacts.
Transnational criminal organizations are increasing in strength and capability, driving risk in counterfeit goods, human trafficking, illicit drugs, and other illegal flows of people and goods.
Natural hazards are becoming more costly to address, with increasingly variable consequences.
Terror organizations (e.g., ISIS and state-sponsored terror groups) as well as 21st century criminals use and develop state-of-the-art attack technologies (e.g., cyber-warfare, encrypted communication, cyber-crime, chemical warfare agents, and GPS jammers).
The recent crash of the Metrojet Flight 9268, which was likely brought down by an ISIS explosive device will lead to aviation security upgrades.
With 900 pages and 506 tables & figures, the “U.S. Homeland Security & Public Safety Market – 2016-2022” report is one of the largest research projects ever conducted in our company’s history. This unique report offers, for each of its 122 sub-markets, 2011-2015 market data and analyses, as well as 2016-2022 forecasts and analyses. This 3-volume report is the most comprehensive review of the U.S. Homeland Security & Public Safety market available today. The report covers both the homeland security and public safety markets since, in most cases, products and services have dual-use applications and present the same business opportunities.
This report is a resource for executives with interests in the industry. It has been explicitly customized for the security industry decision-makers enabling them to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans.
Questions answered in this 900-page report include:
What will the market size and trends be during 2016-2022?
Which are the submarkets that provide attractive business opportunities?
What is the U.S. homeland security & public safety industry structure?
Who are the decision-makers?
What drives the U.S homeland security & public safety managers to purchase products and services?
What are the customers looking for?
What are the technology & services trends?
Where and what are the market opportunities?
What are the market drivers and inhibitors?
What are the challenges to market penetration & growth?
With 900 pages, 215 tables and 291 figures, this 3-volume report covers 15 vertical, 25 technology and 3 revenue-source submarkets, offering for each of them 2011-2015 data and assessments, and 2016-2022 forecasts and analyses. In addition, market assessment and forecast are provided for 27 leading states.
Why Buy this Report?
A. This is the only report that addresses the U.S. HLS & Public Safety dual-use markets
84% of the U.S. HLS & Public Safety industry revenues emanate from dual-use products. For example, cybersecurity systems are used to address both cyber-crime and cyber-terror. Decision-makers forming their strategy need a complete view of this overlapping market both independently and in their intersections.
U.S. Homeland Security & Public Safety Market – 2016-2022
B. Market data analyzed via 3 key perspectives
With a highly-fragmented HLS & Public Safety market we address the “money trail” – each dollar spent – via the following 3 viewpoints:
By 15 Vertical Submarkets:
Business Sector Security
CBRN & Hazmat Security and Safety
Counter-Terror & Crime Intelligence
Critical Infrastructure Security
Energy Sector Security
Land Transportation Security
Law Enforcement, Police Modernization & 1st Responders
Natural & Manmade Disaster Mitigation
Payment Cards & Mobile Payment Security
Public Events Security
Other Vertical Homeland Security & Public Safety Markets
By Revenue Source:
Service & upgrades
Planning, consulting, training
By 25 Technology Submarkets:
Bio-Agents & Infectious Disease Detection
Checked Luggage EDS & BHS
Communication Systems & Devices
Decontamination Gear of CBRN & Hazmat Incidents
Explosives Trace Detection (ETD)
Hazmat & CBRN Incident Detection
Intrusion Detection Systems
Mobile Devices Security
Natural & Manmade Disaster Early Warning, Rescue & Recovery Equipment
Personal (Ballistic & CBRNE) Protective Gear
Standoff Explosives & Weapon Detection
Vehicle & Container Screening Systems
Video Surveillance (without Analytics)
C. Each of the market sectors is presented via detailed market analysis frameworks including:
Market drivers & inhibitors
Market and technology background
The 2011-2022 market, segmented by submarkets
For readers, who wish to acquire more information, the report includes 6 in-depth appendices:
Appendix A: U.S. State Level Homeland Security Agencies
Appendix B: Contact Information of 270 U.S. Homeland Security and Public Safety Vendors
Appendix C: HLS Product Legislation: SAFETY Act
Appendix D: U.S. Homeland Security & Public Safety Industry
Appendix E: U.S. Homeland Security & Public Safety Industry – Business Models & Strategies
Appendix F: U.S. Homeland Security Roles & Responsibilities
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