Homeland security refers to defending and safeguarding a nation from antisocial threats. It is a government initiative to increase security of homeland and improve resilience against possible natural as well as man-made disasters. Homeland security system of a country encompasses security against several threats, including terrorist attacks, illegal weapons, cyber fraud, drug trafficking, hurricanes, floods, earthquakes, tornadoes, and others. It ensures safety of public sectors including aviation security, border security, cyber security, and chemical security. The world homeland security market has witnessed rapid growth in the recent years, owing to rising number of terrorist attacks, cross border disputes, illegal immigration, smuggling, human trafficking, and numerous natural disasters. Several companies have heavily invested in the production of innovative products and services to tackle and defend the adverse situations of affected nations across the globe. However, high price of these products and services and financial downturns of nations are expected to restrict the market growth. Growing need for information security and technological development are expected to create numerous opportunities for the homeland security market.
The world homeland security market is segmented based on type, end user, and geography. Based on the type of homeland security, the market is segmented into border security, aviation security, maritime security, critical infrastructure security, cyber security, mass transport security, CBRN (chemical, biological, radiological, and nuclear) security, and others (first responders, counter terror intelligence, C3I, pipeline security). Public and private sectors are the key end users of the market. This report analyzes the global market based on four key regions, namely North America, Europe, Asia-Pacific, and LAMEA.
Leading market players and their key business strategies have been analyzed in the report to gain competitive insights into the market. The key players profiled in the report include IBM Corporation, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, L-3 Communications Holdings, Inc., Unisys Corporation, Harris Corporation, Elbit Systems Ltd., SAIC, and Finmeccanica spA. In February 2013, IBM announced the launch of IBM Security Intelligence with Big Data, a new solution for preventing cyber-attacks and enhancing corporate and homeland security. In January 2014, General Dynamics launched the NextGen-911 emergency service solution for Morgan County, Ohio. This solution provides faster and quicker response to first responders. In addition, in November 2015, Lockheed Martin Corporation acquired Sikorsky Aircraft, a military and commercial rotary-wing aircraft company under its Mission Systems and Training (MST) business segment. This acquisition has helped the company to provide efficient and affordable solutions in the area of aerospace. In March 2015, the U.S. Air Force Sustainment Center and Northrop Grumman signed a public–private partnership agreement for future weapon system sustainment activities.
The study provides an in-depth analysis of the homeland security market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter’s five forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2014–2022 is provided to elaborate the market potential.
Key market segments
The market is segmented based on type, end user, and geography.
Critical Infrastructure Security
Mass Transport Security
CBRN (Chemical, Biological, Radiological, and Nuclear) Security
Others (First Responders, Counter Terror Intelligence, C3I, and Pipeline Security)
BY END USER
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porters five forces analysis
3.3.1 Concentrated buyers and high volume purchase by buyers increases the bargaining power of buyers
3.3.2 High differentiable products and services, and low switching cost of buyers moderates the bargaining power of suppliers
3.3.3 Diverse strategies adopted by companies, high fixed cost, and exit barriers intensifies the rivalry in the market
3.3.4 No substitute availability lowers the threat of substitute in the market
3.3.5 High initial capital investment and presence of big brands lowers the threat of new entrants
3.4 Value chain analysis
3.5 Market share analysis, 2015
3.6 Market Dynamics
188.8.131.52 Government Initiatives to protect nations from cross border disputes and civil wars
184.108.40.206 Rising cases of smuggling and trafficking
220.127.116.11 Emergency service for disaster management
18.104.22.168 Lack of awareness
22.214.171.124 High installation cost
126.96.36.199 Need for information security
188.8.131.52 Technological advancement
CHAPTER 4 WORLD HOMELAND SECURITY MARKET, BY TYPE
4.1 Border security
4.1.1 Key market trends
4.1.2 Key drivers and opportunities
4.1.3 Market size and forecast
4.2 Aviation security
4.2.1 Key market trends
4.2.2 Key drivers and opportunities
4.2.3 Market size and forecast
4.3 Maritime security
4.3.1 Key market trends
4.3.2 Key drivers and opportunities
4.3.3 Market size and forecast
4.4 Critical infrastructure security
4.4.1 Key market trends
4.4.2 Key drivers and opportunities
4.4.3 Market size and forecast
4.5 Cyber security
4.5.1 Key market trends
4.5.2 Key drivers and opportunities
4.5.3 Market size and forecast
4.6 Mass transport security
4.6.1 Key market trends
4.6.2 Key drivers and opportunities
4.6.3 Market size and forecast
4.7 CBRN (Chemical, biological, radiological and nuclear) security
4.7.5 Key market trends
4.7.6 Key drivers and opportunities
4.7.7 Market size and forecast
4.8 Others (First responders, Counter Terror Intelligence, C3I, and Pipeline security)
4.8.1 Key market trends
4.8.2 Key drivers and opportunities
4.8.3 Market size and forecast
CHAPTER 5 WORLD HOMELAND SECURITY MARKET, BY END-USER
5.1 Public sector
5.1.1 Key market trends
5.1.2 Key drivers and opportunities
5.1.3 Market size and forecast
5.2 Private sector
5.2.1 Key market trends
5.2.2 Key drivers and opportunities
5.2.3 Market size and forecast
CHAPTER 6 WORLD HOMELAND SECURITY MARKET, BY GEOGRAPHY
6.1 North America
6.1.1 Key market trends
6.1.2 Key drivers and opportunities
6.1.3 Market size and forecast
6.2.1 Key market trends
6.2.2 Key drivers and opportunities
6.2.3 Market size and forecast
184.108.40.206 Rest of Europe
6.3.1 Key market trends
6.3.2 Key drivers and opportunities
6.3.3 Market size and forecast
220.127.116.11 Rest of Asia-Pacific
6.4.1 Key market trends
6.4.2 Key drivers and opportunities
6.4.3 Market size and forecast
18.104.22.168 Latin America
22.214.171.124 Middle East
126.96.36.199 Rest of LAMEA
CHAPTER 7 COMPANY PROFILE
7.1 International Business Machines Corporation
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Business performance
7.1.4 Strategy moves & developments
7.2 Lockheed Martin Corporation
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Business performance
7.2.4 Strategy moves & developments
7.3 General Dynamics Corporation
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 Strategy moves & developments
7.4 Northrop Grumman Corporation
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Business performance
7.4.4 Strategy moves & developments
7.5 L-3 Communications Holdings, Inc.
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Business performance
7.5.4 Strategy moves & developments
7.6 Unisys Corporation
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Business performance
7.6.4 Strategy moves & developments
7.7 Harris Corporation
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Business performance
7.7.4 Strategy moves & developments
7.8 Elbit Systems Ltd.
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Business performance
7.8.4 Strategy moves & developments
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Business performance
7.9.4 Strategy moves & developments
7.10 Leonardo Finmeccanica spA
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 Strategy moves & developments
Growing instance of terrorist attacks, wars between neighboring countries, domestic wars due to political unrest, communism, riots, and others have fostered the adoption of homeland security solutions. In addition, increasing number of natural as well as man-made disasters including earthquakes, floods, cyclones, fire, industrial hazards, rail accidents, plane crash, and others are expected to drive the market. However, lack of awareness and high installation cost of technological advanced products and services of homeland security restrict the market growth. The development of technologically enhanced products, such as unmanned vehicles and terahertz radiation (T-ray) for detecting chemical composition of objects, robots for automation, executing human tasks, and others would provide numerous opportunities for the growth and development of the homeland security market.
In 2015, cyber security accounted for the maximum revenue share in the overall homeland security market, due to increasing threat of cyber terrorism, cybercrime, and internet fraud. Increasing trend of bring-your-own-device (BYOD), Internet of Things (IoT), web deployment, trends, cloud services, and big data analytics that need enhanced security provide huge growth opportunities to the cyber security market. In addition, the critical infrastructure segment is presently the fastest growing segment, and is projected to grow at a CAGR 7.2% during the forecast period, owing to proactive government initiatives for protecting critical infrastructures in areas such as telecommunication, power plants, oil & gas, defense, financial & security services, manufacturing, and others.
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment by government organizations in homeland security in the region.
Key findings of the Homeland Security Market:
In 2015, cyber security segment dominated the overall homeland security market in terms of revenue, and is projected to grow at a CAGR of 4.3% during the forecast period.
Critical infrastructure security segment is projected to grow at the highest CAGR of over 7% during the analysis period.
Public end user segment is projected to generate the highest revenue in the market during the forecast period.
In 2015, North America generated the highest revenue among all regions in the global homeland security market.
Asia-Pacific is expected to grow at a CAGR of 7.2% from 2016 to 2022.
IBM Corporation, Lockheed Martin Corporation, General Dynamics Corporation, and Northrop Grumman Corporation are some of the prominent players in the market. Market players have focused on product launch and partnership for expansion in the market. For instance, in June 2016, IBM partnered with the GW Center for Cyber and Homeland Security, an organization for research and analysis on homeland security, counterterrorism, and cyber security issues in the U.S. IBM would help the latter to prepare its homeland security strategy.
Lockheed Martin Corporation
General Dynamics Corporation
Northrop Grumman Corporation
L-3 Communications Holdings, Inc.
Elbit Systems Ltd.