Homeland Security Market Size – By Technology (Recognition and Surveillance Systems, AI-Based Solutions, Security Platforms, Others), By End Use (Public sector, Private sector), By Security Type & Forecast, 2024 - 2032
Published on: 2024-07-07 | No of Pages : 240 | Industry : Media and IT
Publisher : MRA | Format : PDF&Excel
Homeland Security Market Size – By Technology (Recognition and Surveillance Systems, AI-Based Solutions, Security Platforms, Others), By End Use (Public sector, Private sector), By Security Type & Forecast, 2024 - 2032
Homeland Security Market Size – By Technology (Recognition and Surveillance Systems, AI-Based Solutions, Security Platforms, Others), By End Use (Public sector, Private sector), By Security Type & Forecast, 2024 - 2032
Homeland Security Market Size
Homeland Security Market size was valued at USD 567.7 billion in 2023 and is projected to grow at a CAGR of over 5% between 2024 and 2032.
Governments are investing in protecting their countries from cross-border disputes, thereby driving the market growth. Cross-border disputes and security challenges necessitate robust and advanced security measures to safeguard national sovereignty, protect citizens, and maintain geopolitical stability.
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Governments invest in cutting-edge surveillance technologies, such as drones, sensors, and radar systems, to monitor and secure borders effectively. These technologies enable real-time monitoring, early detection of threats, and rapid response to unauthorized border crossings. Governments deploy integrated border management systems that combine physical barriers with technological solutions. These systems often include biometric identification, video analytics, and command & control centers, providing a holistic approach to border security. Governments prioritize the protection of critical infrastructure located near borders.
Report Attribute | Details |
---|---|
Base Year | 2023 |
Homeland Security Market Size in 2023 | USD 567.7 Billion |
Forecast Period | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR | 5% |
2024 – 2032 Value Projection | USD 900 Billion |
Historical Data for | 2021 – 2023 |
No. of Pages | 210 |
Tables, Charts & Figures | 305 |
Segments covered | Security type, technology and end-use |
Growth Drivers |
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Pitfalls & Challenges |
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The surge in smuggling and trafficking cases prompts governments to enhance border security measures. This includes the adoption of advanced surveillance systems, sensors, and communication technologies to monitor & control borders more effectively. For instance, in June 2023, a strategic partnership was formed between Lockheed Martin and GlobalFoundries (GF) to advance innovation and manufacturing in the semiconductor industry in the United States and to strengthen the security, dependability, and resilience of domestic supply chains supporting national security systems. Furthermore, this kind of cooperation will enable Lockheed Martin to develop safe solutions that boost US national security and competitiveness.
Rapid advancements can lead to shorter lifecycles for existing technologies. Homeland security systems may become obsolete more quickly, requiring frequent updates and replacements to maintain effectiveness. This increases the financial burden on governments and security agencies. The introduction of new technologies may also result in compatibility challenges with existing security systems. Achieving seamless integration and interoperability is crucial for a cohesive security infrastructure. Overcoming technical hurdles and ensuring smooth interaction between different systems can be time-consuming and resource intensive. Frequent technological upgrades and adoptions can strain the financial resources of governments and security agencies.
Homeland security Market Trends
The market for homeland security is expanding significantly due to advances in technology and growing worries about global security. The growing use of sophisticated monitoring and surveillance systems is one significant development. To improve their ability to detect and respond to threats, governments and businesses are investing in cutting-edge technology like machine learning, facial recognition, and artificial intelligence (AI). The efficiency and precision of security operations are increased by these technologies, which allow for real-time data analysis and predictive analytics.
Furthermore, the emergence of hybrid threats, such as terrorism coupled with cyber warfare, has led to a holistic approach to homeland security, integrating physical and digital security measures. This includes the development of integrated command and control systems, information sharing platforms, and collaboration among government agencies and international partners. Overall, the market is characterized by a continual evolution driven by the dynamic nature of threats and the need for robust and adaptive security solutions.
Homeland security Market Analysis
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Based on technology, the market is divided into recognition and surveillance systems, AI-based solutions, security platforms, and others. The recognition and surveillance systems market share accounted for 35% in 2023.
- Systems for recognition and surveillance play a key role in the homeland security industry by offering necessary instruments for keeping an eye on, identifying, and countering such threats. These improves are equipped with cutting-edge technologies that improve the capacity to identify and monitor people or items of interest, such as facial recognition, license plate identification, and video analytics.
- These technologies guarantee effective management of security operations in a variety of situations, from metropolitan areas to vital infrastructure, and they also improve situational awareness and public safety.
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Based on end-use, the homeland security market is divided into the public sector and private sector. The private sector segment is expected to register a highest CAGR of 6% during the forecast period.
- The public sector is essential to protecting public safety and national security in the homeland security industry. The main consumers of homeland security products and services are government entities, such as law enforcement, border patrol, and emergency management agencies. To defend infrastructure and people from different dangers, they invest in a variety of security technologies, including biometric identity, cybersecurity, surveillance systems, and tools for disaster response.
- The private sector consists of businesses, corporations, and organizations that play a role in homeland security by providing products, services, and support to government agencies and other entities. This sector collaborates with the public sector to develop and implement comprehensive security strategies, leveraging innovation, expertise, and resources to address evolving security challenges and protect assets, personnel, and operations.
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The homeland security market is experiencing significant growth in North America, estimated to reach USD 323.4 billion by 2032. The expansion of homeland security in the U.S. is driven by the rising threat of cyber-attacks, terrorism, and geopolitical conflicts. Investing in innovative technologies, intelligence-sharing efforts, and strategic relationships with the commercial sector will strengthen security. The ever-changing nature of threats necessitates a constant focus on innovation and collaboration, establishing a resilient homeland security ecosystem that handles growing issues while ensuring the safety of individuals and essential infrastructure.
China's homeland security industry is characterized by rapid growth fuelled by government initiatives and investments. Chinese companies focus on developing advanced surveillance systems, biometric technologies, and cybersecurity solutions to address domestic security challenges while also expanding their presence in international markets.
Japan's homeland security market emphasizes innovation and collaboration. Japanese companies leverage cutting-edge technologies such as AI, robotics, and IoT to enhance security infrastructure. With a strong focus on disaster preparedness and response, Japan prioritizes solutions for public safety, cybersecurity, and critical infrastructure protection.
South Korea's homeland security industry is driven by a combination of technological prowess and strategic partnerships. South Korean firms specialize in developing integrated security solutions, including surveillance systems, biometrics, and border control technologies. Collaborations with global partners enhance South Korea's capabilities and position the country as a key player in the global security industry.
Homeland security Market Share
Lockheed Martin and Northrop Grumman hold a significant share of over 10% in the homeland security industry. Lockheed Martin Corporation is a diverse company, which provides aerospace products including aircraft, space launchers, satellites, defense systems, and other cutting-edge technology systems and services. The National Aeronautics and Space Administration (NASA), the U.S. Department of Energy, and the U.S. Department of Defense have long-term contracts with the company. The company builds military and commercial aircraft in addition to modernizing, modifying, and refurbishing older models.
Northrop Grumman is a specialized manufacturer of electronics, information technology, defense and commercial aerospace products and services. The U.S. Air Force uses the company as a prime contractor to maintain its fleet of B-2 stealth bombers. Additionally, it serves as the lead contractor for the Joint Surveillance Target Attack Radar System (Joint STARS), a cutting-edge aerial target-acquisition and surveillance system that is provided to the US Army and US Air Force.
Homeland security Market Companies
Major players operating in the homeland security industry are
- BAE Systems
- Boeing
- General Dynamics
- Lockheed Martin
- Northrop Grumman
- Raytheon Technologies
- Thales Group
Homeland security Industry News
- In February 2023, BAE Systems Digital Intelligence partnered with home office to develop data analysis technology to enhance UK border security. With this three-year, USD 40 million contract, the Border Force and associated agencies will be able to manage massive amounts of data related to the 385 million tons of freight and 300 million passenger journeys that enter the UK annually in real time.
- In January 2022, ATOS SE declared to assist Dassault Aviation in developing the in-flight video system for its Falcon Albatross. The system will be used by the French Naval Aviation in the future for maritime surveillance and intervention. As part of the AVSIMAR program run by the French Armament General Directorate, the Albatross is scheduled for commissioning in 2025. By utilizing the French Navy's (Marine Nationale) capabilities, the aircraft will provide homeland maritime with defense and protection.
The homeland security market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments
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Market, By Security
- Border security
- Aviation security
- Maritime security
- Critical infrastructure security
- Cyber security
- Mass transport security
- Law enforcement
- CBRN (chemical, biological, radiological and nuclear) security
- Others
Market, By Technology
- Recognition and surveillance systems
- AI-based solutions
- Security platforms
- Others
Market, By End Use
- Public sector
- Private sector
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360º synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Government investments in protecting nation from cross border disputes
3.8.1.2 Rise in cases of smuggling and trafficking globally
3.8.1.3 Occurrence of natural disasters
3.8.1.4 Strategic initiatives by market players
3.8.1.5 Rising prevalence of cyber threats
3.8.2 Industry pitfalls & challenges
3.8.2.1 Rapid technological advancements
3.8.2.2 High procurement and maintenance costs
3.9 Growth potential analysis
3.10 Porter’s analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Security Type, 2021 - 2032 (USD Billion)
5.1 Border security
5.2 Aviation security
5.3 Maritime security
5.4 Critical infrastructure security
5.5 Cyber security
5.6 Mass transport security
5.7 Law enforcement
5.8 CBRN (chemical, biological, radiological and nuclear) security
5.9 Others
Chapter 6 Market Estimates & Forecast, By Technology, 2021 - 2032 (USD Billion)
6.1 Recognition and surveillance systems
6.2 AI-based solutions
6.3 Security platforms
6.4 Others
Chapter 7 Market Estimates & Forecast, By End-Use, 2021 - 2032 (USD Billion)
7.1 Public sector
7.2 Private sector
Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Billion)
8.1 Key trends
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 UK
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 ANZ
8.4.6 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Rest of Latin America
8.6 MEA
8.6.1 UAE
8.6.2 South Africa
8.6.3 Saudi Arabia
8.6.4 Rest of MEA
Chapter 9 Company Profiles
9.1 Atos Se
9.2 BAE Systems
9.3 Boeing
9.4 CACI International Inc
9.5 Elbit Systems Ltd.
9.6 General Dynamics Corporation
9.7 IBM Corporation
9.8 L3Harris Technologies, Inc.
9.9 Leidos
9.10 Leonardo Spa
9.11 Lockheed Martin Corporation
9.12 Northrop Grumman Corporation
9.13 Raytheon Company.
9.14 Science Applications International Corporation (SAIC)
9.15 Thales Group
9.16 Unisys Corporation