London, 27 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Mass Transit Security Market 2014-2018, which is growing at a 8.86 percent CAGR from 2014-2018, thanks to increased demand for comprehensive solutions for protecting public infrastructure and public safety.
About the Report
The latest report by TechNavio focuses on the need for quick response to catastrophic attacks. With an increase in terrorism, patrol teams must take precautionary measures, be proactive in looking for suspects, and in the event of an attack, act quickly to rescue victims.
The report also highlights a growing numbers of security threats, which have resulted in the growing need for public safety and security.
“Lack of effective security systems will deter people from choosing public transport, which may lead to revenue loss for the transportation sector. Therefore, the governments should invest heavily in mass transit security so as to increase the confidence of individuals to adopt public transport,” says Faisal Ghaus, Vice President of TechNavio.
“Many countries have taken the initiative to increase their budgets to improve mass transit security systems in order to overcome the threat of such attacks and improve security infrastructure.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Need for Quick Response to Catastrophic Attacks
- For a full detailed list, view our report.
Market Challenges:
- Discrepancy in Government Regulations
- For a full detailed list, view our report.
Market Trends:
- Need for Public Safety and Security
- For a full detailed list, view our report.
Key Vendors:
- Axis Communications AB
- Panasonic Corp.
- Samsung Group
Other Prominent Vendors:
- Cisco
- Fortem
- Genetec
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
