
Report ID: SQMIG45F2193
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Security Screening Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Security Screening industry players.
Security screening companies should focus on removing the issue of false positives to maximize their business scope. Investing in countries with expanding airport and transportation infrastructure can also boost revenue generation for market players. China, Singapore, Japan, and the United States are slated to offer best returns for companies as per this global security screening market analysis.
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Global Security Screening Market size was valued at USD 13.01 Billion in 2023 and is poised to grow from USD 14.31 Billion in 2024 to USD 30.68 Billion by 2032, growing at a CAGR of 10% during the forecast period (2025-2032).
Security screening companies should focus on removing the issue of false positives to maximize their business scope. Investing in countries with expanding airport and transportation infrastructure can also boost revenue generation for market players. China, Singapore, Japan, and the United States are slated to offer best returns for companies as per this global security screening market analysis. 'Raytheon Company', 'Smiths Group plc.', 'OSI Systems Inc.', '3DX-Ray Ltd (Image Scan Holdings PLC)', 'Honeywell International Inc.', 'Lockheed Martin Corporation', 'L-3 Communications Holdings', 'Safran S.A', 'Teledyne ICM SA', 'United Technologies Corporation', 'Security Electronic Equipment Co. Limited.', 'Argus Global Pty.'
The world has witnessed a major increase in terrorism threats, and this is due to rising geopolitical tensions and formation of multiple new extremist groups. Governments around the world are investing in advanced screening technologies such as full-body scanners, explosive detection systems, and facial recognition to prevent terrorist attacks and curb terrorism thereby favoring the global security screening market outlook.
Zamna: Based in London, United Kingdom, the startup is focusing on aviation security by allowing airlines, security agencies, and governments to identify passenger’s identity before they arrive at the airport. The company does this through its innovative blockchain-powered data verification platform. In January 2023, SITA, a multinational IT company focusing on aviation industry announced its partnership with Zamna to digitize its travel processes. The collaboration is an important step for SITA to completely digitize travel experience for its customers.
What Makes Asia Pacific the Most Attractive Market for Security Screening Providers?
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Report ID: SQMIG45F2193
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