Globally, the military wearable market is expected to grow with a CAGR of more than 7.7% during the forecast period from 2019 to 2027, starting from US$ 3.90 Bn in 2018. The military variables are the devices or the equipment, which are used by the soldiers during the missions or during the critical tasks, assigned to them. The technological advancement in increasing research and development in the field of military and defense is driving the military variable market.
Public transportation modes are widely exposed to destructive events by terrorists due to significant number of travelers in single car. Airport & marine port security systems majorly include physical access control, surveillance systems, screening & scanning, perimeter intrusion detection systems among others.
Small Arms and Light Weapons (SALW’s), as the name suggests comprises two separate categories of weapons. Small arms are the weapons which are meant for individual use. On the other hand, light weapons refer to those weapons that require two or three people to operate. Presently, there are more than 1,000 companies around the world producing small arms and light weapons. However, these weapons often result in massive human rights violations and also forced displacement of civilians.
Security cameras are used in order to provide effective surveillance and monitoring systems at various buildings and locations. Numerous organizations make use of security cameras to monitor and record activities at various critical sites in order to provide safety and security. Various organizations from end-use industries including banking and finance, commercial, education, government, healthcare, manufacturing and industrial, residential, utilities and energy, retail, sports and leisure, hospitality, and transportation, among others have deployed security cameras at their sites.
Increasing number of data breaches is encouraging healthcare organizations to take proactive measures to prevent confidential patient information against cyber-attacks. This, in turn, is boosting the uptake of cyber security solutions and services across the globe. Also, growing adoption of electronic health record systems and networking technologies is creating data privacy and security challenges that need to be managed in an efficient manner. Proliferation of mobile devices and growing healthcare service provider focus towards protecting patient records is expected to support growth of the healthcare cyber security market over the forecast period.
This report analyzes the global airport security market in terms of technologies deployed and geography. Based on technology, the global airport security market is segregated into surveillance, access control, perimeter security, screening, and cyber security among others. The geographical distribution of the global airport security market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Defense and Security Market Research Reports
Over the past few years, strict measures are taken by many of the developed countries to minimize defense and security budgets. These budget cuts have indirectly affected core defense and security functions. Contradictory to this, the fast growing world economies such as India, Brazil, China and Brazil have displayed a constant demand outreach for defense and security activities. With this observed trend, the balance has tilted in favor of these defense and security markets.
Yet another factor that has brought a transformation in the model of defense and security market is the drastically changing methods of modern warfare. As countries are required to be well prepared for cyber attacks and chemical warfare, the demand for the products and solutions in these fields has displayed a rising market trend.
Most of the nations are in greater security need to upgrade to state -of-the-art methods and techniques of warfare such as network security, strong communications systems and unmanned vehicles. Conventionally, OEMs have acted as lead contractors in this defense and security markets. However, these days, there is clear requirement for system integrators currently to fulfill the demand and match the requirements of the new age control rooms as well as warfare methods. On the other hand, research and development work has not been largely obstructed by the low government expenditure, spending and fund allocation on defense budgets by the respective governments of the world.
System integrators and OEMs overseas are looking to tap developing defense and security markets and explore it effectively by forming an association with their counterparts located in other countries. Matching their defense and security market requirements. Since this is a correct alternative for each of the party involved, joint ventures as well as mergers & acquisitions form a part and parcel of the defense and security business market. It completely alters the defense and security market background scenario of the developing nations.
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Our defense and security market research reports help you formulate the correct and accurate business strategies & business plans, develop a strong marketing strategy and examine the growing market trends within the defense and security market sector. It compels you to think in a logical manner and enhances your cognitive skills. It thus helps you to do profitable business by increasing your ROI and adds to you business growth.