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Port Security Gaining in Infrastructure Industry
There has been immense research for building comprehensive, efficient, and effective port security solutions. The port security market has experienced a strong boost with the introduction and incorporation of biometrics-based access control systems. The incorporation of video analytics technology in video surveillance has accelerated the market more. The growing adoption of underwater surveillance is expected to enhance the market opportunities for the port security solution vendors.
Port security is one of the major trends in Critical Infrastructure Protection. The demand for port security solutions is increasing majorly due to the increasing need for sustaining business continuity, threats on ports, and government initiatives. The port administration authorities are keen about inspecting from people to particle that moves across the ports. Access control, video surveillance and analytics, screening and scanning, weapons, drugs, and explosive detection, asset and visitor management, perimeter intrusion detection, fire protection, and network and cyber security are the key solutions involved in port security. The regional economies are experiencing high growth rates in air travel and international trade, which is thereby creating business opportunities for the port security industry. The ongoing and upcoming airports worldwide will open doors of opportunities for the port security business.
North American market is expected to project the largest market opportunity for port security systems and solutions, at an estimated market share of 30.67% of the overall market. North America (NA) and Europe (EU) together are estimated to account for 56.47% of the global market in 2013. Asia Pacific (APAC) is expected to exhibit the highest growth rate in the port security market size out of the various regional markets. In the current scenario, the screening and scanning is holding the highest revenue-generating potential among the various port security solutions. This is followed by video surveillance and analytics, and access control. Network and cyber security is expected to exhibit high growth rate in market sizes.
MarketsandMarkets has highlighted these key findings from its latest research report. The ‘Airport & Marine Port Security Market (Access Control, Video Surveillance, Screening & Scanning, Asset and Visitor Management, Perimeter Intrusion Detection, Network Security): Worldwide Market Forecasts and Analysis (2013–2018)’ report is now available for sale.
The report provides an overview of drivers, restraints, and opportunities that impact this market. It also segments and forecasts the overall port security market in terms of solutions, services, infrastructures, and regions.
Airport & Marine Port Security Market [Access Control, Video Surveillance, Screening & Scanning, Asset and Visitor Management, Perimeter Intrusion Detection, Network Security] - Worldwide Market Forecasts and Analysis (2013 - 2018)
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