Homeland Security and Emergency Management Market worth $846.5 billion by 2025

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Homeland Security and Emergency Management
Market worth 846.5 billion by 2025
The report "Homeland Security and Emergency
Management Market by End Use (Law Enforcement
Intelligence Gathering, Cyber Security, Critical
Infrastructure Security), Solution (Systems and
Services), Vertical, Installation Type, and
Region - Global Forecast to 2025" is projected to
grow from USD 623.1 billion in 2020 to USD 846.5
billion by 2025, at a CAGR of 6.3 from 2020 to
2025. Increasing terrorist threats and biohazard
attacks, growing adoption of cloud-based
applications and cloud computing technologies,
and upgradation of outdated equipment and
infrastructure are major growth drivers for the
homeland security and emergency management market.
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5 Based on vertical, the homeland security
segment is projected to lead the homeland
security and emergency management market during
the forecast period. The homeland security and
emergency management market has been segmented
based on vertical into homeland security and
emergency management, which provide security and
safety across various industries and agencies,
including aviation, border control, law
enforcement intelligence, financial service,
government intelligence, and cybersecurity. It is
essential to safeguard these industries from
various intrusions that may cause harm to
financial assets, leading to financial losses.
Based on
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vertical, the homeland security segment is
expected to lead the market from 2020 to
2025. Based on end use, the cyber security
segment of the homeland security and emergency
management market is projected to grow at the
highest rate during the forecast period Based on
end use, the homeland security and emergency
management market has been segmented into law
enforcement and intelligence gathering, risk and
emergency services, border security, maritime
security, aviation security, cyber security,
critical infrastructure security, and CBRNE
security. The cyber security segment is
projected to register the highest CAGR during the
forecast period. Cybersecurity solutions are
categorized into six major types, namely,
network security, endpoint security, application
security, cloud security, wireless security, and
others. The increasing deployment of mobile and
web-based application security solutions by
organizations is expected to lead to the growth
of the cyber security market. The market is
projected to grow at the highest rate in the
Asia Pacific region during the forecast
period The rapid growth of the homeland security
and emergency management market in Asia Pacific
can be attributed to the increasing spending on
homeland security by major economies of the
region, such as China, Japan, South Korea, and
India. China accounted for the largest share of
the Asia Pacific homeland security and emergency
management market in 2020. This large share can
be attributed to the need to counter rising
terrorist activities, geopolitical conflicts,
strikes and protests, chemical attacks, and
natural disasters, which have led major homeland
security and emergency management solution
providers of the region to develop enhanced
techno-efficient homeland security and emergency
management systems and equipment.
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Some of the major players operating in the
homeland security and emergency management
market are Lockheed Martin (US), Raytheon
Company (US), Northrop Grumman (US), Leidos (US),
IBM (US), FLIR Systems (US), Thales Group
(France), Elbit Systems (Israel), General
Dynamics (US), and Unisys (US). Dont miss out on
business opportunities in Homeland Security and
Emergency Management Market. Speak to our
analyst and gain crucial industry insights that
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