Homeland Security and Emergency Management Market Research Report - Global Forecast till 2027

Homeland Security and Emergency Management Market Research Report: Information by Installation Base (Fixed Command Centers and Deployable Command Centers), Component (Solution and Services), Platform (Land, Maritime, Airborne and Space), Application (Military, Homeland Security & Cyber Protection and Commercial) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

ID: MRFR/A&D/8160-HCR | February 2021 | Region: Global | 174 pages

Homeland Security and Emergency Management MarketScenario


Homeland Security and Emergency Management Market is projected to reachUSD 1,181.6 Billionand register aCAGR of 5.8%between2019 and 2026. Homeland security and emergency management agencies are involved in keeping the homeland safe, secure, and resilient against terrorism and other hazards such as riots and natural disasters. It also reduces the vulnerability of the country to terrorism and minimizes the damage from attacks that occur. Terrorism is one of the most dangerous threats globally. As a result, the demand for advanced security systems is increasing by homeland security and emergency management agencies.


Market Synopsis


Global Homeland Security and Emergency Management Market has witnessed high growth in recent years owing to the increasing need for enhanced situational awareness, increasing investments in homeland security systems, and increasing terrorist attack and border trespassing. However, the high initial investments and vulnerability to cyberattacks are expected to restrain the market growth to some extent.


Market USP


Increasing need to upgrade homeland security systems


Market Drivers



  • Increasing terrorist attack and border trespassing: There has been a significant rise in terrorism and terrorism-related fatalities over the past decade. According to the 2017 Global Terrorism Index (GTI) report, from 2006 to 2016, deaths from terrorism increased by 67%. Moreover, there has been a significant increase in border trespassing from the last few years in Asia-Pacific, Europe, and North America. This is expected to drive the growth of the homeland security and emergency management market.



  • Increasing need for enhanced situational awareness



  • Increasing investments in homeland security systems


Market Restraints



  • High initial investments

  • Vulnerable to cyberattacks


Segmentation


By Solution



  • Systems: The segment accounted for the largest market share and is expected to register the highest CAGR during the forecast period. This is due to the increasing demand for homeland security systems, such as intelligence and surveillance system, detection and monitoring system, weapon system, and communication system for command, control, and improved situational awareness, by homeland security and emergency management agencies globally.



  • Service: The service segment includes professional services and managed services. The managed services segment accounted for the largest market share in 2019. Managed services are typically on-going and can cover many aspects of an organization’s security needs.


By End-Use



  • Security: The segment dominated the homeland security and emergency management market in 2019. The rising number of terrorist attacks in public spaces across the globe has led to a need to enhance security and protect the civilian population. The governments of various countries are, therefore, investing in advanced security systems.



  • 关键的下文tructure: The segment is expected to register the highest CAGR during the forecast period. Critical infrastructure includes utilities and industrial and commercial facilities. The demand for advanced security systems to protect these infrastructures is driving the growth of this segment.


By Region



  • North America: North America dominates the homeland security and emergency management market. This trend is projected to continue during the forecast period due to the presence of prominent players, such as General Dynamics Corporation, Lockheed Martin Corporation, and Raytheon Company, and high investments made by these companies in the development of advanced systems and solutions.



  • Europe: The increasing adoption of advanced systems by the homeland security organization in Europe for performing intelligence, surveillance, and reconnaissance missions are expected to boost the demand for homeland security and emergency management during the review period.



  • Asia-Pacific: The market in this region is projected to expand at a high CAGR during the forecast period. Increasing defense expenditure and rising terrorist activities in countries, such as India, China, Indonesia, and Australia, are driving the growth of the market in the region.



  • Middle East & Africa: The increase in defense expenditures by countries, such as Saudi Arabia, the UAE, and Israel, is driving the market growth in the Middle East & Africa.



  • Latin America:在拉丁美洲,有增加the use of advanced systems for intelligence gathering on drug trafficking and rebel groups, deforestation monitoring, and control of illegal migration, which is expected to boost the growth of the homeland security and emergency management market.


Key Players



  • Lockheed Martin Corporation (US)

  • Raytheon Company (US)

  • Northrop Grumman Corporation (US)

  • Thales Group (France)

  • Leidos (US)

  • IBM (US)

  • FLIR Systems (US)

  • BAE Systems PLC (UK)

  • General Dynamics Corporation (US)

  • Elbit Systems Ltd (Israel)


Other Prominent Players



  • Boeing (US)

  • L3harris Technologies (US)

  • Honeywell International Inc. (US)

  • ECA Group (France)



Report Scope:
Report Attribute/Metric Details
Market Size USD 1,181.6 Billion (2026)
CAGR 5.8% (2019-2026)
Base Year 2019
Forecast Period 2027
Historical Data 2018
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Installation Base, Component, Platform, Application
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors Lockheed Martin Corporation (US), Raytheon Company (US), Northrop Grumman Corporation (US),Thales Group (France), Leidos (US), IBM (US), FLIR Systems (US), BAE Systems PLC (UK), General Dynamics Corporation (US), Elbit Systems Ltd (Israel)
Key Market Opportunities High initial investments
Key Market Drivers

  • Increasing terrorist attack and border trespassing.
  • Increasing need for enhanced situational awareness.
  • Increasing investments in homeland security systems


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    Homeland Security and Emergency Management Market can expect to gain a CAGR of 5.8% over the forecast period.

    Homeland Security and Emergency Management Market can hit a valuation of USD 1,181.6 Billion by 2026.

    The key influencing factors in the global Homeland Security and Emergency Management Market are increasing need for enhanced situational awareness, increasing investments in homeland security systems, and increasing terrorist attack and border trespassing.

    The main types considered in the Homeland Security and Emergency Management Market report are service and systems.

    The rising use of cutting edge systems for intelligence gathering with regard to drug trafficking as well as rebel groups, control of illegal migration and deforestation monitoring has made Latin America a thriving Homeland Security and Emergency Management Market.

    Baidu