Global Homeland Security Market: Growing Threat of Terrorist Attack Noticed by Variant Market Research
According to the latest report published by Variant Market Research, the global homeland security market size is projected to reach $479.3 billion by 2024 from $295 billion in 2016. In this report, homeland security market forecast says that the global market is growing at 6.3% CAGR from 2017 to 2025.
"Homeland Security Market (By Type: Aviation Security, Maritime Security, Border Security, Critical Infrastructure Security, Cyber Security, CBRN Security, Mass Transit Security and Others; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024"
The threat of cybercrime & another cyber scam to drive the global market
The global homeland security market trend includes growing threat of terrorist attack, the threat of cybercrime & another cyber scam, increasing IT modernization, and usage of the technology in defense. Though, huge price of these technologies may hinder the homeland security market growth. Moreover, growing demand for information security or data security in public as well as private sector organization like energy, railways, IT & telecom, military, and others would provide an opportunity for players of market.