Global Homeland Security Market: Regional Insights
North America among regions is anticipated to show significant growth in the global homeland security market over the forecast period due to rapid adoption of homeland security related products and services, as a result of multiple military modernization and improvement programs planned in the region. Moreover, rise in investment to improve national security against various types of threats by the countries in this region is also expected to fuel development of advanced tools in the region. This in turn is likely to drive growth of the market across the region.
Furthermore, Asia Pacific is also projected to augment growth of the global homeland security market during the forecast period. This is due to growing rate of modernization of police forces, rise in yearly budgetary expenditure on homeland security, and increasing terrorist attacks in the region. The demand for better maritime security is increasing across the region from countries such as Japan, Sri Lanka, India, and Bangladesh. Along with this, initiatives for the public and property safety by governments in the region are also expected to fuel growth of the global homeland security market in Asia Pacific region in the coming future.
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