PUBLISHER: TechNavio | PRODUCT CODE: 1177454
PUBLISHER: TechNavio | PRODUCT CODE: 1177454
Technavio has been monitoring the border security market and is forecast to grow by $20142.06 mn during 2022-2027, accelerating at a CAGR of 7.33% during the forecast period. Our report on the border security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing concern for data breaches, government initiatives for protecting nations to boost security, and increased geopolitical uncertainty and external threats.
Technavio's border security market is segmented as below:
By Platform
By Geographical Landscape
This study identifies the key developments in the global border security market as one of the prime reasons driving the border security market growth during the next few years. Also, the growing demand for unmanned vehicles and increasing use of ai in border areas will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading border security market vendors that include Airbus Group SE, BAE Systems Plc, Blighter Surveillance Systems Ltd., Cobham Ltd., Dignia Systems Ltd., Elbit Systems Ltd., General Dynamics Corp., Indra Sistemas SA, Inmarsat Global Ltd., Israel Aerospace Industries Ltd., Moog Inc., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., Safe Security Solutions, Teledyne Technologies Inc., Thales Group, The Boeing Co., Safran SA, and Textron Inc. Also, the border security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Exhibits: