Homeland security is department of United States which was established to prevent terrorist attacks, provide credible security against cyber fraud and cyber espionage. The Department of Homeland Security includes various operational and support components such as United States Customs and Border Protection (CBP), United States Citizenship and Immigration Services (USCIS), The United States Coast Guard, The Federal Emergency Management Agency (FEMA), The Federal Law Enforcement Training Center, The Transportation Security Administration (TSA), United States Immigration and Customs Enforcement (ICE), The United States Secret Service (USSS), The Directorate for Management, National Protection and Programs Directorate, The Science and Technology Directorate, Domestic Nuclear Detection Office, Office of Intelligence and Analysis and Office of Operations Coordination. The general IT modernization has improved the record keeping and management of cases across the security department and hence has gained wide acceptance.
The global homeland security market is driven by the increasing risk of terrorist attacks in the recent years. One of the factors boosting the market is the need of organized command centers for effective security management for prevention and controlling of internal and external attacks. Various other factors such as cybercrime, piracy, threat of cross border terrorism, human trafficking, drug trade, internal dissent and separatist movements will boost the homeland security market growth over the forecast period. The need for efficient identification and security checking and the requirement to provide access control to critical infrastructure have also led to the adaptation biometric and other identification technologies. Increasing cases of smuggling is anticipated to augment the demand for homeland security across the globe.
The homeland security market is classified based on type, end-user and regions. On the basis of type, the homeland security market is segmented into border security, maritime security, aviation security, critical infrastructure security, mass transport security, cyber security, and CBRN. On the basis of end-user, the Homeland security market is segmented into public sector and private sector.
The market for homeland security market is bifurcated based on five regions namely North America, Europe, Asia-Pacific, Central and South America (CSA) and Middle East. North America holds a big share in the homeland security market owing to rapidly increasing threat from terrorist and political dissents. U.S. marks the significance of presence of many major players in the global homeland security market. The European Homeland security market is also expected to receive high growth during the forecast period due to increase in instances of drug trafficking. Asia-Pacific is anticipated to witness high growth in the global homeland security market over the forecast period.
Some of the players operating in the homeland security market include Lockheed Martin Corporation, IBM Corporation,General Dynamics Corporation, L-3 Communications Holdings, Inc.,Northrop Grumman Corporation, Unisys Corporation, Harris Corporation, SAIC, Elbit Systems Ltd., and Finmeccanica SpA.
