
Report ID: SQMIG45F2193
SkyQuest Technology's Security screening market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Security Screening Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Security Screening Market size was valued at USD 10.2 billion in 2023 and is poised to grow from USD 11.06 billion in 2024 to USD 21.08 billion by 2032, growing at a CAGR of 8.4% during the forecast period (2025-2032).
Growing threat of terrorism around the world, imposition of stringent government regulations to bolster security, surge in air passenger traffic, and rising adoption of biometric screening solutions are slated to bolster the demand for security screening going forward.
Surge in prevalence of terrorism threats and incidents around the world has bolstered the adoption of advanced security screening solutions in airports, public venues, and government facilities. Governments of different countries in an effort to improve their national security are implementing strict security protocols across industries, including transportation, critical infrastructure, and public spaces to avoid terrorist attacks and mishaps due to security lapses.
Rapidly increasing number of air travelers is also expected to bolster the demand for novel security screening solutions to handle higher passenger volumes without compromising safety. Advanced screening technologies, such as biometric authentication and automated baggage scanning are being deployed at airports to reduce wait times and bolster security. Increasing organization of large-scale events such as concerts, sports tournaments, and political gatherings in public spaces are also expected to bolster the global security screening market growth in the future.
Rapid expansion of e-commerce industry and need for advanced cargo screening is also slated to create new opportunities for security screening providers in the long run. However, high initial costs of deployment, privacy concerns among individuals, technological limitations, risk of false positives, cybersecurity risk in digital security screening solutions, and limited infrastructure in emerging countries are expected to impede the adoption of security screening across the study period and beyond.
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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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