
Mass Transit Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Mass Transit Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global mass transit security market size reached US$ 39.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Mass transit security can be referred to as various safety and security solutions employed at entry and exit points of public transportation hubs. These solutions are deployed by governments across airway, waterway, roadway and railway systems to ensure optimum protection and safety of goods, products or passengers while traveling. They detect, monitor and scan travelers and their belongings through video surveillance, voice recognition, biometric access controls and automated 3D and X-ray scanners. Other technologies, including cargo inspection, perimeter intrusion and tracking and navigation systems, are also utilized for ensuring maximum security of the public.
Owing to the alarming increase in global terrorism, coupled with the rising rate of crimes at public places, there is a growing need for efficient public safety solutions, which in turn is contributing to the market growth. On-road means of transportation and air traffic are two of the key fields, which have a high demand for mass transit security systems. Governments of various nations are investing significantly to improve the existing security infrastructure and deploy newer solutions. Efforts have been undertaken to equip airports and bus and railway stations, among other mass transit areas, with advanced security solutions, such as perimeter security, cybersecurity, surveillance, communications, access control and screening systems for monitoring passengers and staff members. Additionally, the utilization of biometrics, data analytics and 3D scanning systems, along with the integration of surveillance systems with the Internet of Things (IoT), are also favoring the market growth. Other factors, such as the emerging trend of e-passports, along with the strict implementation of stringent government policies, are projected to drive the market in the upcoming years.
IMARC Group’s latest report provides a deep insight into the global mass transit security market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the mass transit security industry in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mass transit security market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on transit type, solution type, service type and application.
Breakup by Transit Type:
Airways
Waterways
Railways
Roadways
Breakup by Solution Type:
Surveillance System
Screening System
Biometric Security and Authentication System
C2/C4ISR System
Critical Communication System
Others
Breakup by Service Type:
Managed Services
Professional Services
Breakup by Application:
Homeland Security
Industrial
Retail and Payment Industries
Logistics and Transportation Industries
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Axis Communications AB, Bosch Security Systems Inc., Cisco Systems, Inc., Fortem Technologies Inc., Genetec Inc., Hikvision Digital Technology, IndigoVision Group PLC, NICE Systems Ltd., Panasonic Corporation, etc.
Key Questions Answered in This Report:
How has the global mass transit security market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global mass transit security market?
What is the breakup of the market based on the transit type?
What is the breakup of the market based on the solution type?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global mass transit security market and who are the key players?
What is the degree of competition in the industry?
Table of Contents
145 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Mass Transit Security Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Transit Type
- 6.1 Airways
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Waterways
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Railways
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Roadways
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 7 Market Breakup by Solution Type
- 7.1 Surveillance System
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Screening System
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Biometric Security and Authentication System
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 C2/C4ISR System
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Critical Communication System
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 8 Market Breakup by Service Type
- 8.1 Managed Services
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Professional Services
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Application
- 9.1 Homeland Security
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Industrial
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Retail and Payment Industries
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Logistics and Transportation Industries
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Healthcare
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Indicators
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Axis Communications AB
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 Bosch Security Systems Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Cisco Systems, Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Fortem Technologies Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Genetec Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Hikvision Digital Technology
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 IndigoVision Group PLC
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 NICE Systems Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Panasonic Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
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