COVID-19 Impact on Homeland Security Management Market

CORONA Impact on Homeland Security Management Market worth $1,081 billion by 2025

Post COVID-19, the size of the "COVID-19 Impact on Homeland Security Management Market by Technology (Thermal Imaging, AI-based Solution and Blockchain Solution), End-Use (Cyber Security, Aviation Security, Law Enforcement, and Risk & Emergency) and Region - Global Forecast to 2025" under realistic scenario is estimated to grow from USD 1,035 billion in 2020 and projected to reach USD 1,081 billion by 2025, at a CAGR of 0.9%. As per HLB’s global survey of business leaders, multinational companies are not just adopting new technologies but also successfully navigating the pandemic in order to survive. Post COVID-19, new business norms are expected for international structuring and operational strategies. The homeland security departments of several countries have also modified their operating strategies due to COVID-19. The agencies within homeland security departments, such as FEMA, law enforcement, and critical infrastructure, are adopting strategic shifts suggested by their respective governments, such as implementing Essential Critical Infrastructure Workforce guidelines and national strategic plans for the effective management of COVID-19.

Browse 19 market data Tables and 19 Figures spread through 89 Pages and in-depth TOC on "COVID-19 Impact on Homeland Security Management Market by Technology (Thermal Imaging, AI-based Solution and Blockchain Solution), End-Use (Cyber Security, Aviation Security, Law Enforcement, and Risk & Emergency) and Region - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/covid-19-impact-on-homeland-security-market-148348291.html

“Risk & Emergency to hold a significant share of the homeland security management market in 2020”

The short-term demand for technologies in the HLS segment, such as thermal scanners and drones, is going to increase. However, the demand for long-term demand for technologies such as 5G implementation will see neutral to negative growth in the next 12 months. Extensive implementation of AI-based solutions, such as virtual healthcare assistants (chatbots) to answer questions related to COVID-19, is expected in the risk and emergency services segment. Law enforcement agencies are also using surveillance drones for monitoring public areas during lockdowns.

“AI-based solutions to grow significantly during the forecast period”

COVID-19 patients need frequent monitoring of their lung infections using chest X-rays, but quantifying the extent of the infection is a time-consuming step for already overloaded radiologists. qXR by Qure.ai can detect findings such as ground-glass opacities and consolidation abnormalities that are indicative of COVID-19. This AI-powered solution also helps to detect tuberculosis, chronic obstructive pulmonary diseases, lung malignancies, and medical emergencies such as lung collapses and cardiac disorders. It can also localize lesions and quantify the volume of an infection.

“Asia Pacific to hold the largest share of the global homeland security management market during the forecast period”

The Asia Pacific region holds the largest market share in the homeland security industry. Countries such as India, China, and Japan are deploying AI-based security solutions.  In India, a Gurgaon-based startup, Staqu, has launched a new thermal camera under its video analytics platform, JARVIS. This cutting-edge technology alerts users of anyone with a body temperature above 37°C and examines heat signatures directly through its cameras, enabling authorities to identify and further inspect suspected carriers of the novel coronavirus. At the same time, companies that provide facial recognition solutions are using the outbreak as an opportunity to push the capabilities of their products. As Quartz reported, China’s SenseTime now boasts of a software that can identify people without face masks on.

Some of the major players operating in the homeland security and emergency management market are Lockheed Martin (US), Raytheon Company (US), Northrop Grumman (US), Leidos (US), IBM (US), FLIR Systems (US), Thales Group (France), Elbit Systems (Israel), General Dynamics (US), and Unisys (US).

Don’t miss out on business opportunities in COVID-19 Impact on Homeland Security Management Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AS 7622
PR Published ON
4/29/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the COVID-19 Impact on Homeland Security Management Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home