Global Homeland Security and Emergency Management Market size was valued at US$ 572.41 Bn. in 2019 and the total revenue is expected to grow at 5.8 % through 2020 to 2027, reaching nearly US$ 898.65 Bn.
Global Homeland Security and Emergency Management Market Overview:

An increase in the number of people having radicalized thinking has resulted in a rise in the number of threats to civilian lives. The preference for Dual-use technologies and complications in detecting them has resulted in a rise in demand for equipment that helps in monitoring individuals, communities, urban areas, businesses, and organizations. Homeland Security and Emergency Management consist of machinery, software, and personnel that monitor, detect, analyze, and eliminate the threat to human life. The equipment that is used for detecting threats also holds application in relief management works that are resultant of environmental issues. An increase in demand for devices that helps in observing, analyzing, and eliminating threats to human lives has resulted in a growth in the Global Homeland Security and Emergency Management Market.

Global Homeland Security and Emergency Management Market

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The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global Homeland Security and Emergency Management Market Dynamics:

Globalization and Urbanization have resulted in the displacement of people from their indigenous locations into a foreign land. This has resulted in increased clashes between relocated individuals and the domestic population. Homeland Security focuses on the ideology and beliefs of people and monitors them through advanced audio, video, and cyber mechanism. An increase in the fear that relocating individuals cause damage to the fabric of society has resulted in a growth in the Homeland Security and Emergency Management Market.

Emergency management focuses on facts while resolving issues related to society and the environment. Emergency Management helps in maintaining civil order by ensuring rights over life, property, and freedom. Emergency management acts as the first response to tackle critical issues that disturb social harmony and peace. An increase in the number of natural and man-made threats has resulted in a rise in demand for infrastructure required for the Global Homeland Security and Emergency Management Market.

Most Governments perform mass Surveillance on all of their citizens to detect a pattern to analyze and monitor any possible threat to society. An increase in demand for advanced machinery for national security has resulted in a rising demand for products that come under Homeland Security and Emergency Management by the global law enforcement and intelligence gathering agencies.

Civil bodies around the world install detection systems at the mode of transportation hubs like airports, ports, and railway stations. Different machinery like X-ray security, thermal detection, and voice and facial detection has observed an increase in demand after terrorist attacks in major cities across the world. An increase in demand for advanced machinery for protecting the lives of civilians has resulted in a growth in the Global Homeland Security and Emergency Management Market.

An increase in the number of political movements having extremist thinking has resulted in youth getting attracted towards the false cause. An increase in the number of young people following separatists’ movements and their readiness to resort to violent ways has resulted in a rise in demand for machinery and software that come under Homeland Security and Emergency Management around the world.

The presence of naval bases around the world and increasing conflicts with China in the South China Sea has resulted in an increased budget for the US Navy. An increase in demand for the latest technology for naval communication has resulted in an agreement between UN Navy and BAE Systems worth US $ 212 Million in February 2020.

Increased concerns over national security act as the major driving factor for the growth of the Global Homeland Security and Emergency Management Market.
Restraints:

The absence of a precise mechanism to detect and forecast patterns in nature acts as the major restraining factor here.
Global Homeland Security and Emergency Management Market Segment Analysis:

Global Homeland Security and Emergency Management Market is segmented

By Installation, Increased threats by people having extremist mentality have resulted in making Installation of new devices dominate the installation segment of the

Global Homeland Security and Emergency Management Market in the forecasted period.

Increased concern over domestic security by developed and developing nations has resulted in a 6.8% increase in demand for installing a new system to improve homeland Security and Emergency Management in the duration of 2014-2019. The rising preference to get advanced technology available by countries like China, Israel, Canada, and India has resulted in a 7% increase in demand for Upgrade to the existing technology from 2015 through 2020.

By Solution, Increased demand for up-gradation to the existing system has forecasted the Services segment to dominate the Solution segment of the Global Homeland Security and Emergency Management Market in the coming years. The rising preference for AI-based technology has resulted in an 11.3% increase in demand for Services offered for Homeland Security and Emergency Management. Growing internal and external security concerns by the governments across the world has resulted in a 4.6% increase in demand for infrastructure systems required for Homeland Security and Emergency Management in the second decade of the 21st century.

By Technology, The presence of self-analyzing and resolving mechanisms has forecasted AI-based Solutions to dominate the technology segment of the Global Homeland Security and Emergency Management Market in the coming years. Features like Imitation of human cognition have resulted in an 8.5% increase in the use of AI-based technology by the Homeland Security and Emergency Management Market in the second half of this decade.

Increased demand for secure sharing of data has resulted in a 6.1% increase in the use of Blockchain Solutions by the Global Homeland Security and Emergency Management Market in the duration of 2013-2018. Rising security concerns have resulted in a 4.1% increase in demand for Thermal imaging and Facial Recognition technology by domestic security agencies in places that are critical in nature in the second decade of the 21st century.

By End Use, the Defense sector is the major consumer of the Global Homeland Security and Emergency Management Market. Increased concern over national security by governments across the world has resulted in making Global Homeland Security and Emergency Management Market growing at a rate of 5.8% in the second decade of the 21st century. The rising preference for data protection has resulted in a 4.3% increase in demand for Homeland Security and Emergency Management by the commercial sector dealing in Information Technology Enabled Services in 2019 as compared to the duration of 2013-2018.

Global Homeland Security and Emergency Management

Increased threat from nature and humans has resulted in a rising demand for monitoring and analyzing system that helps in preventing loss of human life and property. Increased focus on large-scale surveillance to detect and prevent any threat to national security has resulted in making Law Enforcement of both civil and military increased their demand for Homeland Security and Emergency Management by 7% in the second decade of this century.

The rising preference for machinery to detect natural calamity in advance has resulted in an 8.3% increase in demand for Homeland Security and Emergency Management products in the duration of 2015-2020 by Disaster management agencies around the world. Large-scale dependence on the computer has resulted in making internet-based services a frequent target by the radical and unsocial elements.

Increased demand for a safe medium for doing system-based transfer has resulted in a 3.3% increase in demand for Homeland Security and Emergency Management in the second decade of this century by the firms dealing in Cyber Security. The rising preference for advanced machinery for maritime and aviation security has resulted in a 3.1% increase in demand for Homeland Security and Emergency Management in the duration of 2015-2019 by the global commercial sector.

Global Homeland Security and Emergency Management

Region-wise, North America is the biggest market for products that come under Homeland Security and Emergency Management. The rising concerns over domestic security and increased defense budget have resulted in a 6% increase in demand for updating the devices that come under Homeland Security and Emergency Management by civil security agencies present in this region.

The increased threats by insurgents and terrorists have resulted in a 4.8% increase in demand for Homeland Security and Emergency Management services by the defense sector present in Europe in this decade. The rising need for analyzing weather patterns has resulted in a 3% increase in demand for Homeland Security and Emergency Management in the duration of 2015-2020 by civil municipal bodies present in this region.

The presence of a tense geopolitical situation has resulted in a 2.2% increase in demand for products and services that come under Homeland Security and Emergency Management in the Asia-Pacific in this decade. The presence of constant terrorist threats and rapidly increasing border issues has resulted in a 2% increase in demand for Homeland Security and Emergency Management by countries like Israel, Jordan, Iran, and Saudi Arabia in the duration of 2010-2018.
The South American market is showing a low growth rate, the reason for which is the absence of a strong civil and defense security structure.

The objective of the report is to present a comprehensive analysis of the global Homeland Security and Emergency Management market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Homeland Security and Emergency Management market dynamics, structure by analyzing the market segments and Project the global Homeland Security and Emergency Management market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Homeland Security and Emergency Management market make the report investor’s guide.

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Global Homeland Security and Emergency Management Market Scope:

Global Homeland Security and Emergency Management
Global Homeland Security and Emergency Management Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Homeland Security and Emergency Management Market Key Players

• Northrop Grumman Corporation
• L3 Harris Technology
• LEIDOS
• Lockheed Martin Corporation
• FLIR International Inc.
• General Dynamics Corporation
• Honeywell International Inc.
• Hewlett Packard Development Company LP
• IBM Corporation
• Boeing Corporation
• BAE Systems
• Thales Group
• Elbit Systems
• Booz Allen Hamilton Holding Corporation
• Caci International Inc.
• Raytheon Company
• Unisys Corporation
• SAIC Inc
• Motorola Solutions Inc.
FAQ’S:

1) What is the market share of the Global Homeland Security and Emergency Management Market in 2019?
Answer: The Global Homeland Security and Emergency Management Market was valued at US $ 572.41 Billion in the year 2019.

2) Which is the dominating region for the Global Homeland Security and Emergency Management Market?
Answer: Rising concerns for domestic security has resulted in making North America the biggest market for Homeland Security and Emergency Management.

3) What are the opportunities for technological development in the Global Homeland Security and Emergency Management Market?
Answer: The installation of AI-based platforms and the use of cloud-based storage systems are some of the opportunities for technological development in the Global Homeland Security and Emergency Management Market.

4) Which factor acts as the driving factor for the growth of the Global Homeland Security and Emergency Management Market?
Answer: An increase in the number of threats from foreign and domestic radical elements act as the major driving factor for the growth of the Global Homeland Security and Emergency Management Market.

5) What factors are restraining the growth of the Global Homeland Security and Emergency Management Market?
Answer: Increased preference for complex cyber-based mechanisms acts as the major restraining factor for the growth of the Global Homeland Security and Emergency Management Market.

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