Counter Terror & Public Safety Technology Market
As traditional ways of developing law enforcement
technologies become inadequate for dealing with the current strategic
realities, several companies within and beyond the defence sector are
partnering with governments to bolster public safety. New technologies to
counter global terrorism are being developed actively across several parts of
the world.
Technology trends such as automation, artificial
intelligence, and data analytics are aiding the development of robust solutions
on public safety. System integration technologies will also play an
instrumental role in development of advanced public safety solutions. These
technologies will be responsible in bringing considerable efficiency in
information sharing, value assessment and redundancy lowering operations of a
national counterterrorism system. Tech giants such as International Business
Machines Corp., popularly known as IBM, are also actively participating in
the global counter
terror and public safety technologies market.
Major Key Players of
the Counter Terror & Public Safety Technology Market are:
AT&T Inc., Accenture PLC, ABB Ltd., 3xLOGIC, Inc., AeroVironment, Inc.,
ACTi Corporation, Avigilon Corporation, The ADT Corporation, Alcatel-Lucent
France, S.A., and Airbus SE.
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Terror & Public Safety Technology Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=34901
Global Overview: Counter Terror & Public Safety
Technologies
An exclusive report by Transparency Market Research projects
that the global market for counter terror and public safety technologies will
witness a steadfast growth in the approaching years. According to the research
study, the global counter terror and public safety technology market will be worth
nearly US$ 100 Bn in 2017. With the emergence of autonomous security robots and
breakthroughs in data analysis, the demand for counter terror and public safety
technologies will gain impressive traction in the next five years. By the end
of 2022, the global counter terror and public safety technology market will
reach a value of US$ 192.1 Bn, creating an overall incremental opportunity of
around hundred billion dollars. During the forecast period, 2017-2022, the
global counter terror and public safety technology market will expand robustly
at a CAGR of 14.1%.
Increasing Focus on Intelligence Services & Growing
End-use in CBRN Safety and Security
The study projects the chemical, biological, radiological,
and nuclear (CBRN) safety and security will be the largest end-user of counter
terror and public safety technologies. By 2022, over US$ 33 Bn worth of counter
terror and public safety technologies will be used in the field of CBRN safety
& security. Concurrently, the report also reveals intelligence services as
the largest technology segment, and will account for more than 16% share on
global revenues in 2017. Electronic fencing technologies will also witness
steady revenue growth, and will create over US$ 10 Bn incremental opportunity
between 2017 and 2022.
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