img

Mass Transit Security Market Size - By Transportation (Airways, Waterways, Railways, Roadways), Solution, Growth Prospects, Regional Outlook, Competitive Industry Share & Forecast 2024 - 2032


Published on: 2024-07-07 | No of Pages : 240 | Industry : Media and IT

Publisher : MIR | Format : PDF&Excel

Mass Transit Security Market Size - By Transportation (Airways, Waterways, Railways, Roadways), Solution, Growth Prospects, Regional Outlook, Competitive Industry Share & Forecast 2024 - 2032

Mass Transit Security Market Size

Mass Transit Security Market size was valued at USD 40 billion in 2023 and is anticipated to grow at a CAGR of around 8% between 2024 and 2032. Mass transit security refers to protective measures & systems implemented to safeguard passengers, infrastructure, and operations within public transportation networks. It involves employing surveillance, access controls, emergency response protocols, and technology including CCTV, sensors, and personnel. It helps reduce threats, ensuring the safety & security of commuters and infrastructure across buses, trains, subways, and other mass transit modes. The growing global concerns about terrorism and security threats are significantly driving the market growth.

To get key market trends

  Download Free Sample

Attacks on public transportation systems have increased the emphasis on strengthening security measures within mass transit networks. This has led to increased investments in advanced surveillance, access control systems, biometrics, AI-driven threat detection, and emergency response technologies. Governments and transit authorities prioritize these solutions to reduce risks, protect passengers, and strengthen infrastructure. This has increased the demand for innovative security solutions in the mass transit security market. For instance, in November 2023, SeeTrue, a global AI software solution leader for security screening Sets a New Standard in Urban Security Screening.

Mass Transit Security Market Report Attributes
Report Attribute Details
Base Year 2023
Mass Transit Security Market Size in 2023 USD 40 Billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 8%
2032 Value Projection USD 86 Billion
Historical Data for 2018 – 2023
No. of Pages 200
Tables, Charts & Figures 241
Segments covered Transportation and solution
Growth Drivers
  • Increasing threats and security concerns
  • Growing urbanization and population density
  • Rising demand for Intelligent Transportation Systems (ITS)
  • Increased adoption of cloud-based security solutions
  • Growing concerns about drug trafficking
Pitfalls & Challenges
  • Cost constraints
  • Complexity of integration

What are the growth opportunities in this market?

 Download Free Sample

The complexity of integration is a significant barrier in the mass transit security market. Integrating security technologies, such as surveillance cameras, access control systems, and threat detection mechanisms, into the existing transit infrastructure can be difficult. Compatibility issues between systems, interoperability issues, and the need for seamless coordination among diverse technologies frequently result in delays, increased costs, and operational disruptions. The market's ability to provide cohesive, efficient, and timely security upgrades within transit networks is hampered by this complexity.

COVID-19 Impact

The COVID-19 pandemic negatively impacted the mass transit security market. Owing to reduced ridership, budget constraints, and altered passenger behaviors less investments were made in security enhancements. Transit agencies faced financial challenges, diverting funds away from security upgrades to keep operations running. The need for social distancing and reduced human interactions put traditional security measures to the test, while remote work trends shifted the focus from physical to cyber threats. These factors slowed the market's ability to implement robust security measures across transit systems, stalled security projects, and hampered technology adoption.

Mass Transit Security Market Trends

The mass transit security industry is witnessing a surge in the integration of advanced technology including AI, IoT, and Machine Learning (ML), enhancing surveillance, threat detection, and access control. Concurrently, the increased focus on cybersecurity seeks to protect transit systems from the emerging digital threats. The market is shifting toward touchless solutions, with contactless systems being implemented for ticketing, access, and security checks. This change aligns with post-pandemic health and safety requirements, ensuring secure transit experiences while minimizing physical contact and meeting the changing passenger expectations.

Transit systems are increasingly reliant on data analytics and predictive modeling to proactively anticipate security threats. They can quickly identify patterns and anomalies in real-time data, which enables them to respond to potential risks and strengthen the overall security measures. Partnerships between private security companies and public transportation agencies are promoting all-encompassing security solutions. The integration of sustainability into security measures aligns with the environmental objectives of transit systems. Strict adherence to security norms and laws is necessary to guarantee a uniform degree of safety throughout transportation networks and advance industry-wide best practices.

Mass Transit Security Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Based on solution, the market is divided into surveillance and monitoring, screening system, biometric security and authentication system, fire safety & detection system, perimeter intrusion detection, access control, emergency communication, cybersecurity, and others. The surveillance and monitoring segment accounted for 20% of the market share in 2023.

  • The market for surveillance and monitoring solutions in mass transit security is expanding significantly as a result of growing security concerns and the need to guarantee passenger safety. Advanced surveillance systems with high-definition cameras, sensors, and analytics software are in high demand. These solutions improve threat detection and emergency response by enabling the real-time monitoring of transit environments.
    Technological advancements, such as AI and video analytics, have elevated surveillance systems by enabling intelligent monitoring, behavior analysis, and anomaly detection, reducing false alarms and enhancing the overall security efficiency. Remote monitoring and data analysis have been made easier by the integration of cloud-based and IoT solutions, which has improved operational effectiveness and situational awareness for transit security staff. As transit agencies prioritize comprehensive security measures, the surveillance and monitoring segment will witness robust growth, driven by the evolving threats and the need for proactive security solutions.

Learn more about the key segments shaping this market

 Download Free Sample

Based on transportation, the mass transit security market is segmented into airways, waterways, railways, and roadways. The airways segment is set to expand at 8.5% CAGR through 2032.

  • The growth of the aviation sector and the rise in air travel have made stricter safety standards necessary to protect travelers, planes, and airport infrastructure. Aviation safety measures have been strengthened owing to large investments made in cutting-edge security technologies such as biometrics, AI-based surveillance, and threat detection systems. The necessity for integrated security solutions across transportation modes has become possible by the interconnection of ground and air transportation systems.
     
  • The rise in worldwide threats including cybersecurity risks and terrorism is fueling the need for strong security measures in air travel. The aviation industry's ongoing innovations and application of state-of-the-art security technologies ensure a holistic approach to safety across transportation networks.

Looking for region specific data?

 Download Free Sample

The North America mass transit security market held over 35% of the revenue share in 2023. The growing public safety concerns and strict laws are the driving large investments in cutting-edge security infrastructure. The region is inclined toward technological innovations and uptake, particularly in cybersecurity, IoT, and AI, which will further boost market expansion. Collaborations between public transit agencies and private security firms are becoming more common as there is an increased focus on improving passenger experiences and guaranteeing comprehensive security measures. The post-pandemic environment, which prioritizes health-centric security protocols and contactless solutions, is anticipated to drive the North America market expansion.

Mass Transit Security Market Share

The companies operating in the mass transit security industry focus on implementing different growth strategies to strengthen their offerings and expand the market reach. The strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. The industry players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the market.

Mass Transit Security Market Companies

The major companies operating in the mass transit security industry are

  • Axis Communications
  • Bosch Security Systems
  • Cisco Systems
  • FLIR Systems
  • Genetec
  • Honeywell Security Group
  • Hikvision Digital Technology

Mass Transit Security Industry News

  • In February 2023, Cisco Systems, Inc. launched new cloud tools across networking, security, and operation to support utility grids, manufacturing facilities, and transportation networks.
     
  • In February 2023, Genetec Inc. introduced a transit portfolio to lower transit agencies’ security risks, improve internal collaboration, and automate routine response.
     
  • In July 2022, Axis partnered with Icomera to create security solution to address the rising safety concerns. Icomera's X-Series Internet connectivity platform and Video Management System (VMS) tools, paired with Axis’ onboard cameras for public transport, make real-time, multi-camera, interior & exterior footage readily available to security personnel even while vehicles are in motion.

The mass transit security market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD billion) from 2018 to 2032 for the following segments

Click here to Buy Section of this Report

Market, By Transportation

  • Airways
  • Waterways
  • Railways
  • Roadways

Market, By Solution

  • Surveillance and Monitoring
  • Screening System
  • Biometric Security and Authentication System
  • Fire Safety & Detection System
  • Perimeter Intrusion Detection
  • Access Control
  • Emergency Communication
  • Cybersecurity
  • Others

The above information has been provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ANZ
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

Frequently Asked Questions (FAQ)

How big is the mass transit security market?

The market size of mass transit security reached USD 40 billion in 2023 and is poised to grow at 8% CAGR from 2024 to 2032, due to the growing global concerns about terrorism and security threats.

Why is the mass transit security industry growing from surveillance & monitoring solutions segment?

The surveillance & monitoring segment held over 20% of the market share in 2023, owing to the growing security concerns and the need to guarantee passenger safety.

What factors are influencing mass transit security market growth in North America?

North America held over 35% of the market share in 2023, attributed to the growing public safety concerns and strict laws in the region.

Who are the key mass transit security industry players?

Axis Communications, Bosch Security Systems, Cisco Systems, FLIR Systems, Genetec, Honeywell Security Group, and Hikvision Digital Technology are some of the major mass transit security companies worldwide.

Table of Content

Will be Available in the sample /Final Report. Please ask our sales Team.

Will be Available in the sample /Final Report. Please ask our sales Team.