This market research report outlines the market forecast and growth prospects for M2M in homeland security until 2019. The research study analyzes the key trending factors impacting the leading vendors of this market. Market shares for APAC, Americas, and EMEA are included in this report. The leading vendors analyzed by this report include Kore, ORBCOMM, Westminster Aviation Security Services, Seagull Maritime Security, Thales, ENSCO, and Northrop Grumman.
Technavio has released updated information on the homeland security market, with the publication of its new market research report, global M2M homeland security market. The global M2M homeland security market is expected to generate revenue worth $12 billion between 2015 and 2019. Remote monitoring and controlling feature of M2M connected devices are enhancing security features and has been driving the growth of the global M2M market in homeland security. The Americas dominate the global market for M2M homeland security, accounting for 41% of the total market share. However, with growing public awareness, the demand for homeland security systems is expected to increase in developing countries, owing to the high probability of terrorist attacks in these countries.
“Of late, the application of satellite-based emergency communication services has gained momentum in disaster management. Satellite communication provides regular updates, government notifications, and advisory services, and establishing temporary communication channels during the relief period. Incraesed emphasis on emergency communication systems has necessitated the adoption of satellite-based broadband communication by public health organizations. For instance, various public and private healthcare service providers use GPS- enabled ambulances to track the patient location for remote patient monitoring, telemedicine, and surgical assistance in the developed nations such as the US, and UK,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research.
M2M solutions in security systems improve reaction time from detection to interception, match the diversity of threat’s nature and severity level, and optimise deployment and usage of the different human and technical resources. Moreover, this technology is helpful in inter-communications and provides a complete analysis of system functions and determines the optimum means for changing their performance.
The key vendors in the global M2M homeland security market include Kore, ORBCOMM, Westminster Aviation Security Services, Seagull Maritime Security, Thales, ENSCO, and Northrop Grumman. The market is witnessing intense competition among the existing vendors, however, new players are expected to enter the market during the forecast period.
A more detailed analysis is available in the Technavio report, Global M2M Homeland Security Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
Other Related Reports:
- Global Homeland Security Market 2015-2019
- Homeland Security Market in the US 2014-2018
- Security Sector in the Kingdom of Saudi Arabia 2014-2018
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