Cyber security set to be fastest growing homeland security market as North America, Asia, and Europe invest in digital defences

Wednesday 5 November 2014, Amsterdam

The new report, now available on ASDReports: The Homeland Security Market Forecast 2014-2024: Public Safety, Intelligence, Infrastructure, Border, Cybersecurity, Maritime, Aviation, CBRN, Mass Transit therefore provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

As a result of the current abundance of sophisticated computer viruses and the ready availability of other hacking software from the internet, many countries are scrambling to establish digital safeguards for their defence systems and wider public information networks. Although great amounts of resources are anticipated to be poured into this area however, the challenges for those looking to develop a more resilient cybersecurity posture are very substantial. For with the consistent progression of technology into all aspects of modern daily life, societies are becoming connected to such an extent that everything from vehicle guidance devices to nuclear industrial control systems can now be accessed via a laptop or even a cell phone.

This convergence towards a smart-grid is one that computer-savvy criminals and state-sponsored operators have not been slow to take advantage of, and in many cases existing defences continue to remain behind attack-capabilities.  The new report believes the next ten years will see nation states and companies attempting to address this imbalance, with a vast amount of expenditure being directed towards getting systems up-to-date, equipped with advanced monitoring and detection capacity, and backed-up in preparation for any significant security breach. With each year witnessing the discovery or use of new and more potent viruses, several of which have the capability to unhinge critical infrastructure systems or leave nations open to conventional attack, many now acknowledge that there is a clear and present danger that needs to be addressed, and thanks to their massive reliance on secure computer systems it is likely to be countries in North America, Asia, and Europe which will be the first to do so.

A detailed analysis of the latest political, economic and technological trends lies at the heart of The new reports unparalleled quantitative and qualitative analysis of the homeland security market. The 584 page report provides a thorough quantitative and qualitative analysis of the global market, with 5 regions and 25 national markets each broken down by 9 submarkets and evaluated in depth providing 225 distinct market forecasts. 20 leading companies are also profiled in detail within this report, alongside 406 tables and charts, 1200 companies and organisations mentioned and 314 contracts detailing major ongoing programmes.

The 130,000-word report also includes a detailed qualitative analysis of the strengths, weaknesses, opportunities and threats (SWOT) underpinning the market for the period 2014-2024. The Homeland Security Market Forecast 2014-2024: Public Safety, Intelligence, Infrastructure, Border, Cybersecurity, Maritime, Aviation, CBRN, Mass Transit therefore provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

The new report’s findings are further reinforced by 3 exclusive expert interviews with Haim Delmar of Elbit Systems Ltd., Sally Nordeen of Morpho Detection, and Nick Booth from Blighter Surveillance Systems, each of which are leading companies in the Homeland Security sector.

Callum Jennings, the reports defence & security analyst responsible for the Homeland Security Report, commented:

“The global homeland security market is currently going through tremendous change, with many countries transitioning from purely physical defensive capabilities, to broader security frameworks that often have cybersecurity at their core. Although Europe and North America have struggled in recent years due to budget cuts and investment limitations, the next ten years will undoubtedly witness their reassertion as prime markets, while elsewhere in Asia and the Middle East, numerous off-the-shelf purchases of advanced technologies will enable manufacturers and integrators numerous opportunities. Altogether these factors will ensure that 2014’s $238bn global homeland security market size will only further develop as time goes on, and lead to a much more diverse environment in the future.”

The Homeland Security Market Forecast 2014-2024: Public Safety, Intelligence, Infrastructure, Border, Cybersecurity, Maritime, Aviation, CBRN, Mass Transit, is an invaluable reference offering extensive market analysis and evaluation of future commercial prospects.