Global Homeland Security and Emergency Management Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

Global Homeland Security and Emergency Management Market: Overview

“The global Homeland Security and Emergency Management Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Homeland security and emergency management is designed to provide safety and welfare to the citizens in the cases of disaster and emergency.

It also manages and initiates on the basis of provided information by local authorities or government bodies.

Emergency management systems is basically planned to response within twenty-four hours. It includes cases for natural disasters such floods, storms, hurricanes, or chemical spills, accidents at nuclear power plant, etc.

Homeland security manages cases of prevention and response to terrorist attacks and cyber-attacks.

Global Homeland Security and Emergency Management Market: Dynamics

Increasing occurrence of natural disaster, owing to changing climatic conditionals globally is a key factor driving growth of the global homeland security and emergency management market. Additionally, growing political and civil unrest among various countries is another factor fueling growth of the global market. Cases of terrorist threats, bombing, mass shooting or cyber-attacks is a factor fueling growth of the target market.

Furthermore, avaiilibity of advanced security and surveillance devices that help to prevent and trigger immediate reposes to emergency situations. In additions, use of smart devices for providing information and preventing measures in occurrence of these attacks or disaster situations is a factor expected to bolster growth of the global homeland security and emergency management market in the near future.

However, limited budget provided to homeland security and emergency management may hamper growth of the global market. in addition, slow adoption of advanced security systems by government departments is another factor that could affect growth of the global homeland security and emergency management market. Nevertheless, growing digitization and upgradation of equipments can create high revenue opportunities for players in the target market.

Global Homeland Security and Emergency Management Market: Segment Analysis

Among the system segment, the intelligence and surveillance system is expected to account for high growth in terms of revenue in the near future. Use of intelligence and surveillance system by government law enforcement departments and intelligence agencies for data gathering, security management, and surveillance is a factor expected to propel growth of the target segment over the forecast period.

Global Homeland Security and Emergency Management Market: Regional Analysis

Homeland security and emergency management market in North America accounted for major share in terms of revenue and is expected to register lucrative growth rate over the forecast period. Adoption of technologically advanced security management systems is a major factor driving growth of the target market in countries in the region. Market in the Asia Pacific is expected to account for high growth in terms of revenue in the near future, followed by Middle East & Africa and Europe.  Increasing budget for homeland security in developing countries such as China and India is a factor supporting growth of the target market in Asia Pacific.

Global Homeland Security and Emergency Management Market Segmentation:

Segmentation by System:

• Weapon System
• Modeling and Simulation
• Platforms
• Communication System
• Countermeasure System
• Command and Control System
• Access Control System
• Intelligence and Surveillance System

Segmentation by End Use:

• Aviation Security
• Law Enforcement and Intelligence Gathering
• CBRNE Security
• Border Security
• Maritime Security
• Cyber Security
• Risk and Emergency Services
• Critical Infrastructure Security

Segmentation by Vertical:

• Emergency Management
• Homeland Security

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa