Global Border Security Market 2015-2019
About border security
Border security forces safeguard nations’ security, economic prosperity, and national sovereignty. They restrict trans-border crimes, smuggling, infiltration, and aid in collecting trans-border intelligence. They can be classified into air and marine wings, artillery regiments, and commando units. Combat aircraft and vehicles, ships, and submarines are an essential part of border security forces. On the other hand, unmanned perimeter surveillance and detection systems are also gaining popularity.
Technavio's analysts forecast the global border security market to grow at a CAGR of 7.89% over the period 2014-2019.
Covered in this report
The report includes the present scenario and growth prospects of the global border security market for the period 2015-2019. The market can be segmented into manned, unmanned, and perimeter surveillance and detection systems.
Technavio's report, Global Border Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global border security market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Border Security Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Border Security Market: Airbus group, Boeing, Cobham, DRS Technologies and Northrop Grumman
Other Prominent Vendors in the market are: Elbit Systems, Embraer Defense & Security, FLIR Systems, General Atomics Systems and General Dynamics
Commenting on the report, an analyst from Technavio’s team said: “WINSs are trending in the market, as they combine sensing, signal processing, prompt decision-making, and wireless networking in a single compressed power system to identify terrorist activities or weapons and explosives smuggling.”
According to the report, the market has evolved along with the introduction of new technologies, such as driverless cargo inspection and aerostat systems, preventing the illegal export and import of nuclear materials, explosives, and ammunitions. In addition, they are capable of making autonomous decisions and are cost-effective compared to conventional manned systems.
Further, the report states that the market is hindered by the increased costs incurred from the installation of new technologies and software in these systems, which will lead to the delayed delivery of these products to customers.
6Wind, Avaya, Big Switch Networks, Broadcom, BTI Systems, Bull (Atos), DataCore Software, Ericsson, F5 Networks, Inspur, Jeda Networks, NEC, Nexenta, Pertino, Pivot3, Plexxi, PLUMgrid, Pure Storage, ScanDisk, SGI, Super Micro Computer and SwiftStack