Global Homeland Security Market

Global Homeland Security Market Size, Share, Growth Analysis, By Type(Border security, aviation security), By Technology(Recognition and surveillance systems, AI-based solutions), By End-User(Public sector and private sector) - Industry Forecast 2024-2031


Report ID: SQMIG45J2122 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 101 | Figures: 80

Global Homeland Security Market News

  • In March 2024, Symmetry Systems, a company specializing in modern data and AI security solutions, unveiled its latest product line, Symmetry for Enterprise Gen AI. This new line incorporates an advanced Gen AI inventory feature, designed to facilitate the secure adoption of Gen AI technologies, specifically Microsoft Copilot, within contemporary organizations. With this product line, organizations can effectively prepare their data infrastructure to be securely indexed by AI agents like Copilot. 
  • In March 2024, The Homeland Security Dialogue between India and the US has strengthened the strategic alliance between the two countries. The discussions covered a range of critical issues, including counternarcotics efforts, customs collaboration, counterterrorism measures, cybercrime prevention, and managing irregular migration, as stated by the US Homeland Security. 
  • In February 2024, Johnson Controls, a worldwide leader in smart, healthy, and sustainable building solutions, introduced the Illustra Standard Gen3 series, featuring state-of-the-art security cameras developed and mainly produced in India. The company's goal is to eventually manufacture all of its security products in India, aligning with the Government's Make in India initiative.
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FAQs

Global Homeland Security Market size was valued at USD 0.57 trillion in 2022 and is expected to grow from USD 0.62 trillion in 2023 to USD 1.24 trillion by 2031, at a CAGR of 9.00% during the forecast period (2024-2031).

The market for homeland security on a worldwide scale is very competitive. This is related to the continual R&D activities and launches of new technologies by value chain participants. Additionally, major businesses are implementing a variety of corporate expansion methods in order to increase their footprint on a regional and international scale. 'Lockheed Martin Corporation (US)', 'Raytheon Company (US)', 'Northrop Grumman Corporation (US)', 'Thales Group (France)', 'IBM (US)', 'FLIR Systems, Inc. (US)', 'BAE Systems (UK)', 'General Dynamics Information Technology, Inc. (US)', 'Unisys (US)', 'Elbit Systems Ltd. (Israel)', 'SAIC (US)', 'Harris Corporation (US)', 'Boeing (US)', 'Leido (US)', 'CACI International Inc. (USA)', 'Ernst & Young Global Limited (UK)', 'IBM Corporation (US)', 'Accenture (Ireland)', 'Atos SE (France)', 'Deloitte Touche Tohmatsu Limited (UK)', 'KPMG International Cooperative (Netherlands)', 'PwC (UK)', 'Booz Allen Hamilton Inc. (US)', 'Honeywell International Inc. (US)'

Cross-border conflicts and civil wars are on the rise across the world. Nation-to-nation border disputes are a result of expansionism, terrorism, and the ownership of natural resources, among other factors. While political discontent and territorial disputes are the main causes of civil wars. Several governments are taking major measures to contain these disputes, and as a result, they are investing significantly in the nation's homeland security.

Social networking's widespread use and the development of information technology offer countless advantages in both the home and workplace. However, these benefits might also cause issues with various cyber exploitation concerns. Across national and international boundaries, Advances in Cyber Security brings together the expertise of cyber security specialists from academia, government, and industry to provide ways and means that protect and preserve the cyberspace ecosystem.

North America dominated global homeland security market. As a result of the numerous military modernization and improvement programs planned in the region, North America is among the regions expected to experience significant growth. Additionally, it is anticipated that increased investments by the nations in this region to strengthen national security against a variety of threats will encourage the development of advanced instruments in the region.

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Global Homeland Security Market

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