Market Research Report
EUROPE PUBLIC SAFETY & SECURITY MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||496623|
|Published||Content info||68 Pages
Delivery time: 1-2 business days
|EUROPE PUBLIC SAFETY & SECURITY MARKET FORECAST 2018-2026|
|Published: February 19, 2018||Content info: 68 Pages||
Europe Public Safety & Security Market is expected to catapult ahead over the forecast period of 2018-2026, by exhibiting a CAGR of 11.79% and accounting for a net revenue of $159.87 billion.
The European Union has set up various stringent standard and rules which the security solution providers have to comply with before installation. This ensures world-class quality. Many airports in Europe have also deployed advanced perimeter security solutions to ensure adequate security and safety. The market is also driven by numerous cybersecurity and integrated border management initiatives. Significant markets in this region include U.K, Germany, France and rest of Europe. The German market is forecasted to progress with the highest CAGR between 2018-2026. Germany is facing problems related to ISIS terror threats and surging entry of migrants. As a result, the need for a nation-wide overhaul of the internal security infrastructure and strategy is increasingly being felt by this nation.
Companies like Ericsson, Honeywell International Inc, Siemens, Harris Corporation, International Business Machine (IBM) Corporation, ESRI, Qualcomm, Northrop Grumman Corporation, General Dynamics, Raytheon, Alcatel-Lucent S.A, Hewlett Packard (HP), Ferranti, Thales Group, AGT International and NEC Corporation are dealing in this market.