Artificial Intelligence
Global Commercial Security System Market (2021 to 2026) – Rising Adoption of ACaaS and VSaaS Presents Opportunities
Dublin, March 02, 2021 (GLOBE NEWSWIRE) — The “Global Commercial Security System Market with COVID-19 Impact Analysis by Hardware (Fire Protection, Video Surveillance, Access Control), Service (System Integration, Remote Monitoring), Software, Vertical, and Geography – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global commercial security system market is projected to grow from USD 223.9 billion in 2021 to USD 342.6 billion by 2026; it is estimated to grow at a CAGR of 8.9% during the forecast period.
Key factors contributing to the growth of the commercial security system market include the rising number of terrorist attacks and organized crimes across the world, growing construction industry, expanding adoption of IP cameras, accelerating implementation of stringent fire protection-related regulations, and rising adoption of IoT-based security systems powered by cloud computing platforms.
Growing government and stakeholder funding for developing smart cities and employing city surveillance solutions, rising adoption of ACaaS and VSaaS, and increasing periodic revision of fire protection-related regulatory compliances provide new opportunities for the growth of the commercial security system market.
Video surveillance to lead the commercial security system market during the forecast period The increased adoption of IP cameras made video surveillance cost effective as installation expenses are minimized. Moreover, high-definition IP cameras bring significantly improved capabilities. Thus, better functionalities ranging from basic to advanced analytics, improved performance, and increased features – all available at a reduced cost – have led to a growth in the video surveillance market.
Video surveillance software offering is expected to be the fastest-growing market for commercial security software market during the forecast period
Video surveillance software will be the fastest-growing commercial security software market globally. The primary reason driving the growth of this market is the adoption of artificial intelligence (AI) technology in video surveillance systems. The ability of AI to analyze images and audio from the live streams of video surveillance and recordings, coupled with its ability to use image recognition algorithms to recognize faces, objects, and events, among others, is driving the video surveillance software market globally.
APAC to be the fastest growing commercial security system market during the forecast period
Security systems are expected to witness increasing adoption in APAC as the countries in the region are emerging economies with a growing number of manufacturing bases; there is also a constant risk of terror threats in the region. The market in APAC has a high growth potential owing to increased security concerns, especially in India and China; the governments in the 2 countries have started investing heavily in security. Furthermore, emerging economies are working toward improving their infrastructure, which is expected to contribute to the growth of the access control system and solution market. The rising adoption of access control systems in small- and medium-sized enterprises, hospitality businesses, airports, ATMs, banks, and religious places is expected to drive the access control market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Commercial Security System Market, by Hardware 8 Commercial Security System Market, by Software 9 Commercial Security System Market, by Service 10 Commercial Security System Market, by Vertical 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles 14 Appendix For more information about this report visit https://www.researchandmarkets.com/r/3yrc99
4.1 Attractive Opportunities in Commercial Security System Market
4.2 Commercial Security Hardware Market, by Offering
4.3 Commercial Security Software Market, by Offering
4.4 Commercial Security Service Market, by Offering
4.5 Commercial Security System Market, by Vertical
4.6 Commercial Security System Market, by Region
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Number of Terrorist Attacks and Organized Crimes Across the World
5.2.1.2 Growing Construction Industry
5.2.1.3 Expanding Adoption of IP Cameras
5.2.1.4 Accelerating Implementation of Stringent Fire Protection-Related Regulations
5.2.1.5 Rising Adoption of IoT-based Security Systems Powered by Cloud Computing Platforms
5.2.2 Restraints
5.2.2.1 High Installation, Maintenance, and Ownership Costs of Commercial Security Systems
5.2.2.2 Major Security and Privacy Concerns
5.2.3 Opportunities
5.2.3.1 Growing Government and Stakeholder Funding for Developing Smart Cities and Employing City Surveillance Solutions
5.2.3.2 Rising Adoption of ACaaS and VSaaS
5.2.3.3 Increasing Periodic Revision of Fire Protection-Related Regulatory Compliances
5.2.4 Challenges
5.2.4.1 Cybersecurity-Related Threats
5.2.4.2 Integration of User Interfaces with Fire Protection System
6.1 Value Chain Analysis
6.2 Commercial Security System Ecosystem/Market Mapping
6.3 Commercial Security System Regulations
6.3.1 Fire Protection and Safety Regulations
6.3.2 Video Surveillance Privacy and Wiretapping Regulations
6.3.3 Government Regulations Related to Fair and Transparent Use of Biometric System-Powered Access Control
6.4 Key Use Cases
6.4.1 Fire Protection System
6.4.1.1 Fire Protection Systems Played Major Role in Fighting Australian Wildfires
6.4.2 Video Surveillance
6.4.2.1 Mandatory Installation of CCTV Cameras in Sharjah
6.4.3 Access Control System
6.4.3.1 Eurostar Has Enabled Biometric-Enabled Boarding for UK Passengers
6.4.4 Entrance Control System
6.4.4.1 Multi-Biometric Powered Entrance Control System in UAE Enables Seamless Border Crossing
6.5 Patent Analysis
6.6 Porter’s Five Forces Model
6.7 Average Selling Price
6.7.1 Pricing Trend for Commercial Security System Market
6.8 Technology Analysis
6.8.1 IoT-powered Fire Protection System
6.8.2 Cloud-Based Fire Protection System
6.8.3 Video Image Smoke and Flame Detection System
6.8.4 Emergence of Contactless Biometrics
6.8.5 Use of Thermal Cameras in Access Control
6.8.6 3D Face Recognition
6.8.7 Intelligent and Context-Aware Video Data Collection
6.8.8 Mobile Access Control System
6.9 Trade and Tariff Analysis
6.9.1 Trade Analysis for Video Surveillance
6.9.2 Trade Analysis for Fire Protection System
6.9.3 Tariff Analysis for Video Surveillance and Fire Protection Systems
7.1 Introduction
7.2 Fire Protection System
7.2.1 Increased Spending on Protecting Assets from Fire Hazards, Along with Robust Growth in Infrastructure Development, to Boost Growth
7.2.2 Fire Detection
7.2.2.1 Flame Detectors
7.2.2.2 Smoke Detectors
7.2.2.3 Heat Detectors
7.2.3 Fire Suppression
7.2.3.1 Fire Detectors and Control Panels
7.2.3.2 Fire Sprinklers, Nozzles, Caps, and Control Heads
7.2.3.3 Fire Suppressor Reagent
7.2.3.3.1 Chemical
7.2.3.3.2 Gaseous
7.2.3.3.3 Water
7.2.3.3.4 Foam
7.2.4 Fire Sprinkler System
7.2.4.1 Wet
7.2.4.2 Dry
7.2.4.3 Pre-Action
7.2.4.4 Deluge
7.2.4.5 Other Fire Sprinkler Systems
7.2.5 Fire Response
7.2.5.1 Emergency Lighting Systems
7.2.5.2 Voice Evacuation and Public Alert Systems
7.2.5.3 Secure Communication Systems
7.2.5.4 Fire Alarm Devices
7.3 Video Surveillance
7.4 Access Control System
7.5 Entrance Control Systems
8.1 Introduction
8.2 Fire Analysis
8.2.1 Fire Analysis Uses Fire Mapping and Analysis Software and Fire Modeling and Simulation Software
8.2.2 Fire Mapping and Analysis Software
8.2.3 Fire Modeling and Simulation Software
8.3 Video Surveillance Software
8.3.1 Rising Trends of Deep Learning and Ai to Drive Market Growth
8.3.2 Video Analytics
8.3.3 Video Management Software
8.3.4 Software by Deployment Mode
8.3.4.1 On-Premises
8.3.4.2 Cloud
8.4 Access Control Software
8.4.1 Companies Offering Software with Open Architecture to Combine Security Equipment and Software into Single Platform
8.4.2 Visitor Management System
8.4.3 Others
9.1 Introduction
9.2 Security Systems Integration Services
9.2.1 Security System Integration Services to Occupy Largest Share During Forecast Period
9.3 Remote Monitoring Services
9.3.1 North America to Account for Largest Market in Remote Monitoring Services Market
9.4 Fire Protection Services
9.4.1 Fire Protection Services to Witness Highest Growth in Europe
9.4.2 Maintenance Services
9.4.3 Managed Services
9.4.4 Engineering Services
9.4.5 Installation and Design Services
9.4.6 Other Services
9.5 Video Surveillance Services
9.5.1 Installation and Maintenance Services to Account for Largest Market in Video Surveillance Service Market
9.5.2 VSaaS
9.5.2.1 Hosted
9.5.2.1.1 Rising Adoption of Cloud Services Drives Growth of Hosted VSaaS Market
9.5.2.2 Managed
9.5.2.2.1 Reduced Operational Costs Provide Opportunities for Managed VSaaS
9.5.2.3 Hybrid
9.5.2.3.1 Ensure More Data Security, Remote Access, Flexibility, and Scalability
9.5.3 Installation and Maintenance Services
9.5.3.1 Growing Video Surveillance Market Drives Growth of Service Market
9.6 Access Control Services
9.6.1 Growing Implementation of Security Solutions to Boost Demand for Installation and Integration Services
9.6.2 Installation and Integration
9.6.3 Support and Maintenance
9.6.4 Access Control as a Service
9.6.4.1 Hosted ACaaS
9.6.4.2 Managed ACaaS
9.6.4.3 Hybrid ACaaS
10.1 Introduction
10.2 Commercial
10.2.1 Use of Security Systems Minimizes Risk of Any Security Breach in Any Space
10.3 Government
10.3.1 Demand from Governments of Various Countries to Restrict Unauthorized Entry and Safeguarding Its Assets
10.4 Transportation
10.4.1 Rise in Crimes and Vandalism-Related Threats Increases Need for Surveillance
10.5 Retail
10.5.1 Investing in Video Surveillance Cameras for Security Needs Provides Numerous Long-Term Benefits
10.6 Banking and Finance
10.6.1 Government Policies and Regulations to Drive Market Growth
10.7 Education
10.7.1 Fire Protection Systems Witnessing Rising Adoption in Educational and Academic Buildings
10.8 Industrial
10.8.1 Increase in Terror Threats and Incidents of Theft of Raw Materials Driving Need for Video Surveillance Systems
10.9 Energy and Utility
10.9.1 Real-Time Video Surveillance of Power Substations Provides Automatic Monitoring and Control Capabilities
10.10 Sports and Leisure
10.10.1 Video Surveillance – Invaluable Tool in Enhancing Safety of People and Facilities
10.11 Healthcare
10.11.1 Healthcare Increasingly Adopting Biometrics for Patient Identification, Patient Security, and Staff Attendance Tracking
10.12 Military & Defense
10.12.1 Access Control Widely Used in Military & Defense Vertical
11.1 Introduction
11.2 North America
11.3 Europe
11.4 APAC
11.5 RoW
12.1 Overview
12.2 Market Share Analysis: Commercial Security System Market
12.3 Revenue Analysis of Top 5 Players in Commercial Security System Market
12.4 Company Evaluation Matrix
12.4.1 Stars
12.4.2 Emerging Leaders
12.4.3 Pervasive
12.4.4 Participants
12.5 Startup/SME Evaluation Matrix, 2020
12.5.1 Progressive Companies
12.5.2 Responsive Companies
12.5.3 Dynamic Companies
12.5.4 Starting Blocks
13.1 Key Players
13.1.1 Johnson Controls
13.1.2 Hikvision
13.1.3 Carrier
13.1.4 Honeywell International
13.1.5 Dahua Technology
13.1.6 Dormakaba Holding
13.1.7 Bosch Security Systems
13.1.8 ADT
13.1.9 Axis Communications
13.1.10 Secom
13.1.11 Assa Abloy
13.2 Right to Win
13.3 Other Players
13.3.1 Siemens
13.3.2 Halma
13.3.3 Hochiki Corporation
13.3.4 Flir Systems, Inc.
13.3.5 Allegion plc
13.3.6 Nortek Security and Control
13.3.7 Alarm.com
13.3.8 Avigilon
13.3.9 Dallmeier Electronic GmbH & Co. KG
13.3.10 Stanley Convergent Security Solutions, Inc.
13.3.11 Gunnebo AB
13.3.12 Control4 Corporation
13.3.13 Minimax Viking
14.1 Insights from Industry Experts
14.2 Discussion Guide – Commercial Security System Market
14.3 Knowledge Store: The Subscription Portal
14.4 Available Customizations
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Artificial Intelligence
Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network
SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”
Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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