- The key vendors in the Port Security Market in North America 2015-2019 are Honeywell International Inc., L3 Communications Holdings, SAAB AB, Siemens AG and Unisys Corp.
London, 03 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Port Security Market in North America 2015-2019. Convergence of technologies is one of the key trends being witnessed in the market. Several companies now prefer converged security solutions to combat design complexity, which has risen from the increased adoption of various security solutions. The growing need to protect resources from advanced security threats has driven companies to adopt multiple security solutions. This has increased the complexity of the infrastructure, making it difficult for end-users to manage these solutions. The Port Security market in North America is expected to grow at a CAGR of 7.44 percent during the forecast period of 2014-2019.
“The market is expected to have a high demand for vulnerability management and policy/compliance-related solutions in the future. For instance, there is high demand for additional service offerings such as scanning, weapon detection, upgrades, configuration enforcement, and change control in the vulnerability space,” says Faisal Ghaus, Vice President of TechNavio Research.
“There is also an increased demand for compliance-related security offerings such as compliance and policy assessments and security benchmarking.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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