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Global Homeland Security Market is projected to grow at a CAGR of 5.89% By 2032

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Visiongain has published a new report entitled the Homeland Security Market Report 2022-2032. It includes profiles of Homeland Security Equipment and Forecasts By End Use (Border Security, Aviation, Maritime, Critical Infrastructure Security, Cyber Security, CBRN, and Others), By Installation (New Procurement and Upgradation), By Technology (Facial Recognition Camera, Thermal Imaging Technology, Artificial Intelligence-Based Solutions, Command And Control Systems Solutions, Border Security Systems, and Others), By Solution (Systems and Services). PLUS, Regional Market Analysis And COVID-19 Recovery Scenarios.

The global homeland security market was valued at US$ 675.4 million in 2021 and is projected to grow at a CAGR of 5.89% during the forecast period 2022-2032. The global market is expected to reach US$ 872.6 million in the year 2026 whereas it is anticipated to reach US$ 1,252.8 million in 2032.

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Integration of Security Solutions with the Internet of Things, Cloud, & Machine Learning

By 2025, it has been predicted that there will be over 41 billion connected IoT devices. However, safety and reliability of IoT products primarily depends upon robust, end-to-end security approaches to protect consumers, and their data without detracting from user experience.

While, on the other hand, machine learning is an emerging technology which constantly learns by analyzing data and finds patterns to better detect malware in encrypted traffic, predict where bad neighbourhoods are online to keep users safe when browsing, find insider threats, or protect data in the cloud by uncovering suspicious user behaviour. Machine learning has become prominent part of cyber security systems across the globe. Furthermore, owing to the international growth of smart city programmes, home security systems are seeing substantial integration of AI & deep learning. Internet of Things (IoT), cloud, and machine learning (ML) are important part of smart cities initiatives. Hence, such factors are projected to create lucrative demand for homeland security market.

How Has COVID-19 Had a Negative Impact on the Homeland Security Market?

In the year 2021, the COVID-19 pandemic had a negative impact on growth of the global homeland security market. For instance, the COVID-19 pandemic has forced countries to deprioritized spending and reduce the research & development efforts in defence sector. In addition, COVID-19 has posed threat to the homeland security market, as the investment in homeland security systems is likely to reduce during the pandemic. For instance, according to the World Bank forecasts, the global economy was anticipated to shrink by 5.2% in the year 2020. Furthermore, the spending on information security & services reduced during the COVID-19 pandemic. This has further hampered adoption of security solutions across the globe, impeding market growth.

Additionally, the homeland security market players have witnessed slight negative impact during this uncertain time as the COVID-19 pandemic continues around the world. Moreover, logistical, and economic hindrances have disrupted development, sales, and manufacturing of homeland security equipment, hampering growth of the market. However, COVID-19 pandemic had a positive impact on cybersecurity spending, fuelling demand for the homeland security solutions for securing network and cyber security infrastructure across countries.

How this Report Will Benefit you?

Visiongain’s exhaustive report on global homeland security provides 464 tables and 482 charts/graphs. Our new research report is beneficial for any stakeholder who intends to gain in depth insights into the global homeland security market in terms of qualitative and quantitative aspects. The report also provides detailed analysis segment wise with COVID-19 impact analysis. Our new report will be highly beneficial for decision making and company positioning as it not only gives global and broad regional analysis but also provides in-depth insights of more than ten countries in various geographic regions. The companies can benefit from our new report by being better positioned for upcoming opportunities and potential threats by being well informed and resultantly taking actions to mitigate those threats. The comprehensive analysis of major players will help the companies to understand their position vis-a-vis their competitors and help in better decision making by the higher management.

What are the Current Market Drivers?

Demand for Security Solutions to Counter Criminal Activities

Rising awareness regarding features and benefits associated with the homeland security, increased rate of terrorist activities, demand for security solutions to counter criminal activities, and favourable government regulations pertaining to the homeland security are the major drivers boosting the growth of the global homeland security market. Further, rising need for security solutions in both the private and public sector to secure their operations as well as prevent criminal and illegal activities is projected to drive the market. Additionally, major countries across the globe are investing in the advanced security solutions to combat terrorism in a different way. For instance, the Netherlands invested on advanced security solutions that promptly identifies individuals who may be becoming radicalized, monitors potential terrorists, and provides at-risk buildings and people with additional security. In February 2021, the United States’ Secretary of Homeland Security issued a funding notice for eight distinct kinds of preparation awards totalling US$1.87 billion. More than US$1.8 billion in crucial support is available via these programmes to assist local and state partners in developing and maintaining capacity to prevent, react to, defend against, and recover from acts of terrorism and other catastrophes.

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What are the Current Market Opportunities?

Rising Development of Technologically Advanced Weapons and Security Solutions

The key opportunities for growth of the global homeland security market include rising military focus on the development and modernization of homeland security solutions and services among developing countries; implementation of security solutions with the internet of things, cloud, and machine learning (Ml), emerging trend of development of advanced homeland security technologies in emerging economies is anticipated to fuel market growth in upcoming years. Additionally, in 2019, according to the data from the Stockholm International Peace Research Institute (SIPRI), China spent an estimated $261 billion and India an estimated $71.1 billion on security enhancement measures. This investment in defence sector has led to the adoption of advanced capability enabled homeland security systems. Such investments are anticipated to offer lucrative growth opportunities for the homeland security market.

Competitive Landscape

The major players functioning in the homeland security market are AXIS Communications, BAE Systems, Boeing, Booz Allen Hamilton Inc, Bosch Security Systems, CACI International, ECA Group, Elbit Systems Ltd., FLIR Systems, General Dynamics Corporation, Hewlett-Packard, Honeywell International, IBM, L3Harris Technologies Inc, Leidos, Lockheed Martin Corporation, Motorola Solutions, Northrop Grumman Corporation, Rapiscan Systems, Raytheon Company, SAIC, Siemens, Smiths Detection Group, Thales Group, and UNISYS.

Above mentioned are the major players profiled in the overall homeland security market, concentrating on adopting various strategies comprising new product launches, collaborations, M&A, regional expansion, and R&D investment. For instance, in October 2021, Lockheed Martin UK announced to create a virtual network of businesses to enable small UK-based companies, specialized in cyber-security expertise, to obtain investment and support for the development of modern technologies and markets.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Homeland security market and leading companies. You will find data, trends and predictions.

Find more research reports on the Defense Security Sector; please click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: [email protected]

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

Contact:

Dev Visavadia
PR at Visiongain Reports Limited
Tel: + 44 0207 336 6100
Email: [email protected]

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Artificial Intelligence

Elevate Your Virtual Reality Experience with KIWI design RGB Vertical Stand, Now Available on Meta’s Website

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LOS ANGELES, May 11, 2024 /PRNewswire/ — Top-tier VR accessories provider KIWI design has launched its latest product, the RGB Vertical Stand. This Meta-authorized accessory, designed to deepen users’ immersion in the metaverse, is now available on the official Meta website.

“KIWI design’s commitment to pushing the boundaries of virtual reality accessories takes another leap forward with the introduction of our new products,” said Ray,the CEO of KIWI design. “We are always dedicated to bringing innovative upgrades to VR device accessories, with the goal of enriching users’ virtual reality experiences.”
The newly launched RGB Vertical Stand features a user-friendly modular design with push-in assembly, making it easy to set up and use. It is compatible with Meta Quest 3, Quest 2, and Quest Pro, ensuring widespread usability. With a magnetic USB Type-C connector, it provides an effortless way to charge and display your headset. Users can also customize their display with 16 pre-set ambient multicolor RGB light options.
With VR technology constantly evolving, users are seeking more immersive experiences. As a leading manufacturer of VR accessories, KIWI design is committed to enhancing the user experience, through unique product designs. Since its establishment in 2015, KIWI design has acquired over 100 patents and has a diverse product lineup, including head straps, facial interfaces, VR stands, charging accessories, and controller grip covers.
KIWI design has also actively participated in the Made for Meta program, which is provided by Meta to strengthen its partnerships with leading brands to deliver accessories that enhance Meta products with more choice and a richer experience for everyone. KIWI design’s participation in this program validates its high-quality design standards.
The RGB Vertical Stand for Meta Quest 3, Quest 2, and Quest Pro and another specially designed authorized charging dock for the Meta  Oculus Quest 2 are now available for purchase on both KIWI design’s website and Amazon. For more information about our brand and products, please visit our website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.
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WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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