Biomarkers Market Overview and Forecast Analysis Report till 2024

July 29, 2021: The global biomarkers market size is expected to value at USD 78.2 billion by 2024. The market is subject to witness a substantial growth due to the growing adoption of the biomarkers in the drug discovery and development along with growing R&D expenditure. Biomarkers are considered as quantifiable molecular alterations that are implemented for the development of highly precise and efficient therapeutic targets.

Factors responsible for the robust market growth of biomarkers, in the recent years, include prevalence of oncology, neurology, and cardiology-related disorders across the globe. Globally, the biomarkers industry is predicted to grow at higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

The recent technological advancement coupled with the development of novel products and techniques such as biomarker based-diagnostics are expected to fuel the growth of biomarkers market over the forecast period. Additionally, introduction of advanced diagnostic methods along with higher precision and sensitivity are projected to drive market growth in the upcoming years.

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Growing implementation of number of safety biomarkers and increasing approval rate by local and international authorities are predicted to foster market growth in the near future. Development of innovative products such as alanine aminotransferase (ALT) and aspartate aminotransferase (AST), which are capable of detecting toxicity in the kidney and liver, is propelling market demand for biomarker, in the last few years.

Substantial increase in occurrence of infectious diseases coupled with favorable government initiatives to promote early use of various diagnostic platforms in the developing and developed economies are estimated to positively influence market performance of biomarkers. Recent funding for research & development of the early and timely diagnosis of asymptomatic disorders like hemoglobinopathies are stimulating market expansion, in the recent years. For example, introduction of the Fetal Hemoglobin mAb test kit to identify HbF in infants born to sickle cell carrier parents are fostering market demand for biomarkers.

The biomarkers industry is broadly categorized into three major types based on the product type such as safety biomarkers, efficacy biomarkers, and validation biomarkers. The safety biomarkers is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years. Growing popularity of the safety biomarker market segment is attributed to the rising health consciousness among general population and growing number of routine healthcare checkups.

Other factors fostering market demand for safety biomarkers include growing base of the high-risk population for various diseases, the determination of patient subset specific to a certain molecular profile, and the associated targeted therapy. In addition, declining drug attrition rate regarding biomarker-based therapy is driving the market growth of safety biomarkers segment.

The validation biomarkers have also witnessed massive growth, in the recent years owing to increasing deployment rate by pharmaceutical companies for the pharmacogenomics approach to identify therapeutic failure of the novel drugs. Increasing adoption of identification of the non-responder patient subsets consisting of distinct genetic profiles with low therapeutic response is stimulating market growth of validation segment.

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The biomarkers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine & pharmaceutical sector, increase in the R&D funding for drug discovery and testing, the high patient awareness levels regarding the availability of enhanced diagnostics techniques, and existence of well-established healthcare infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the biomarkers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing target population, strong economic growth, declining cost of clinical trials, rising healthcare infrastructure activities, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the biomarker industry are Roche Diagnostics Limited, Abbott Laboratories Incorporations, Agilent Technologies Incorporations, Epigenomics Inc., GE Healthcare, Inc., Johnson & Johnson Co., Thermo Fisher Scientific Incorporations, Bio-Rad Laboratories Incorporations, Siemens Healthcare GmbH, Qiagen N.V., and Merck& Co., Inc.

Market Segment:

Global Biomarkers Type Outlook (Revenue, USD Million, 2013 - 2024)

    • Safety

    • Efficacy

    • Validation

Global Biomarkers Application Outlook (Revenue, USD Million, 2013 - 2024)

    • Diagnostic

    • Drug Development

    • Personalized Medicine

    • Others

Global Biomarkers Disease Outlook (Revenue, USD Million, 2013 - 2024)

    • Oncology

    • Cardiovascular disease

    • Neurological disease

    • Immunological disease

    • Others

Biomarkers Regional Outlook (Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

        • France

        • Spain

        • Italy

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

        • Mexico

    • MEA

        • South Africa

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Adhesion Promoter Market Growth Factors, Demand and Trends Forecast till 2024

July 29, 2021: The global Adhesion Promoter Market is estimated to develop at a substantial CAGR for the duration of the prediction. The adhesion promoters are the materials that upsurge the power of adhesion of the coverings; thereby firming up the connection between the substrate and covering. These are applied like a skinny film. They are utilized extensively in coverings and paints. They are likewise utilized to increase the trustworthiness of plane pane presentations & semiconductors. They are also used in production of higher performance vulcanized rubber and paints to be weather competent.

The important issues motivating the market of comprise growth in demand in the automobile manufacturing and increase in practice in compounds. Demand for adhesion promoters is likely to upsurge owing to the new-fangled uses for example printed circuit boards. This is inspiring firms to increase the manufacture. Furthermore, stress-free obtainability of raw materials is expected to increase the demand in the nearby future.

On the source of the Type of Application, the statement concentrates on the position and viewpoint for foremost uses/end users. It takes into consideration the intake in terms of sales, market stake, and development percentage for the respective use, including Metals, Rubber, Plastic & Composites, Adhesives, Paints & Coatings.

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The subdivision of Plastics & Composites was the most important subdivision of application having an assessment of US$ 836.1 million during the year 2015. These materials are largely utilized to produce engineered products with accuracy, due to valuable possessions of product that are supple, lightweight.

The Adhesion Promoter market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Titan ate & Zircon ate, Maleic Anhydride, Chlorinated Polyolefin, and Silane. The subdivision of Silane was the foremost product section responsible for above one-third stake of the general market proceeds during the year 2015. It was due to greater demand for paints &coverings, and uses of rubber.

The Adhesion Promoter market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

By the source of geography, the market for adhesion promoter in Asia Pacific heads the international business. It was responsible for the stake of above 40% of the entire capacity of the market during the year 2015. Moreover, it is estimated to keep up its place above the prediction period. Increasing admiration of these promoters in nations like India, South Korea, Japan, and China wherever the building actions are increasing, is expected to drive provincial development.

Growing per head earnings together with greater trades of passenger has brought up demand for the product in the subdivision of automobile. North American market for adhesion promoter is likely to develop at a GAGR of 5.4% above the prediction period, due to the growing building activities with an invigorated subdivision of automobile, post regaining from the period of slump during the year 2009. In Mexico, the speedy growth in infrastructure is furthermore expected to motivate the development in the area.

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The statement revises Trades in terms of intake of Adhesion Promoter in the market; Particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international level are DuPont, BASF SE, Arkema SA, Atlanta AG, Eastman Chemical Company, Sartomer Inc., Evonik Industries AG, Air Products & Chemicals, Inc., Dow Corning Corporation, Akzonobel NV, Momentive Performance Materials, Inc., and the 3M Company.

Market Segment:

Global Adhesion Promoter Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

    • Silane

    • Maleic anhydride

    • Chlorinated polyolefins

    • Titanate & zirconate

    • Others

Global Adhesion Promoter Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

    • Plastics &composites

    • Paints &coatings

    • Rubber

    • Adhesives

    • Metals

    • Others

Global Adhesion Promoter Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

        • Italy

    • Asia Pacific

        • India

        • China

        • Japan

        • South Korea

    • Central & South America

        • Brazil

        • Argentina

    • Middle East and Africa

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U.S. Terrazzo Market Overview and Forecast Analysis Report till 2024

July 29, 2021: U.S. Terrazzo Market is predicted to reach USD 1.47 billion by 2024 owing to the rise in infrastructure that uses the new generation flooring system. Terrazzo flooring is the most versatile tiling options available in the market. It is prepared by combining marble, quartz, granite, or glass chips into a cement binder, terrazzo is cost-efficient, eye-catching and one of the strongest tiling products in the industry. The durable tiling material also has features like water-resistant, damage resistant, chip-free that can be re-finished and polished to a new look anytime.

Few driving factors of U.S. terrazzo industry include the development of new generation flooring systems, completely automatic concrete tile making, technological developments to design sustainable & customer centric designs and monitoring systems to improve distribution & contracting services. In addition, inclination towards customized flooring system designs and technology that plays an important role across the value chain boosts the U.S. terrazzo market in the coming years. From the raw material to end users, technological modernizations are supporting the upgraded services that helps in enabling an efficient customer service.

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Among the different types, epoxy is the most widely used segment. The product is limited to indoor application due to UV exposure. On the other hand, rustic and polyacrylateare used for outdoor areas since they can sustain adverse environmental conditions. These factors are expected to balance the demand for terrazzo in future, affecting U.S. terrazzo industry positively.

The educational sector dominates the application segment in near future. The rising number of universities, educational institutes, schools and auditorium in the United States is anticipated to remain a major factor for the growing penetration of U.S. terrazzo market. The market is categorized on the basis of product, end users, and geography. On the basis of product, U.S. terrazzo industry is divided into inorganic, epoxy, rustic, sand cushion, bonded, cement, monolithic and polyacrylate terrazzo.

Based on end users, U.S. terrazzo market is classified into commercial, household, and government buildings. Geographically, the market is segmented as North America, Central America, and South America. The prominent players in U.S. terrazzo industry comprise Doyle Dickerson Terrazzo, Inc., Klein & Company, Inc. Terrazzco, The Venice Art Terrazzo Co., Inc., EnviroGLAS Products, Inc., H.B. Fuller Construction Products, RBC Industries, Sherin Williams, David Allen Company, Key Resin Co. Terrazzo USA & Associates.

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Market Segment:

U.S. Terrazzo Product Outlook (Volume, Million Square Feet, Revenue, USD Million, 2013 - 2024)

    • Cement

    • Epoxy

    • Sand Cushion

    • Bonded

    • Monolithic

    • Polyacrylate

    • Rustic

U.S. Terrazzo Application Outlook (Volume, Million Square Feet, Revenue, USD Million, 2013 - 2024)

    • Educational

    • Commercial

    • Government Buildings

    • Transport

    • Others

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Alopecia Market Statistics, Growth Prediction, Competitive Research And Outlook till 2025

July 27, 2021: Global Alopecia Market is expected to reach USD 11.8 billion by 2024. Alopecia is also termed as baldness or hair loss is a medical term that mainly affects the scalp or may occur on any hair-bearing skin. It may occur naturally, or due to disease or side effects of medications. Alopecia is not a specific hair loss disease but any form of hair loss. The Alopecia Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Growth in geriatric population, rising depression and hypertension among populace, increasing demand for surgical hair transplant, technologically enhanced hair treatment medical devices, and growing disposable income are documented as major factors of Alopecia Market that are estimated to enhance the growth in the years to come. However, high cost of medication may restrain overall market growth in the coming years. Alopecia Market is segmented based on type, product type, gender, mode of action, end user, and region.

Alopecia areata, scarring alopecia, androgenic alopecia, diffuse unpatterned alopecia (DUPA), female pattern baldness (FPB), alopecia totalis, postpartum alopecia, traction alopecia, and other types could be explored in Alopecia in the forecast period. Shampoos and conditioners, vitamins and supplements, and other product types could be explored in Alopecia in the forecast period. Other product type comprises gels, serums, and oils.

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Children, men, and women are three main genders that could be explored in Alopecia in the forecast period. Men sector accounted for the substantial market share of Alopecia and is estimated to lead the overall market in the coming years. This may be because in the United States, 35 million men suffer from hair loss and about 95% of men suffer from androgenic alopecia across world. The key reason is smoking habits in men and growing male geriatric population.

Topical, oral, and other mode of action could be explored in Alopecia in the forecast period. Topical mode of action accounted for the substantial market share of Alopecia and is estimated to lead the overall market in the coming years. The market may be categorized based on end users like dermatology clinics, homecare, salons, and others that could be explored in the forecast period.

Globally, North America accounted for the substantial market share of Alopecia in terms of revenue and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be developed healthcare infrastructure with latest technology, availability of new therapeutic options, high occurrence of hair loss issues, and high disposable income. The United States is a major consumer of Alopecia in this region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise huge population suffering from Alopecia, developing healthcare infrastructure, and growing awareness regarding availability of several therapeutic options to treat Alopecia. The developing countries like India and China are the major consumers of Alopecia in this region.

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The key players of Alopecia Market are Phyto Ales Group, Cipla, Vitabiotics, Merck & Co., Alpecin, Johnson & Johnson, Kirkland Signature, Lifes2good, Sun Pharma, and Dr. Reddy’s Laboratories. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Market Segment:

Global alopecia treatment outlook, by revenue (USD Million, 2013 - 2024)

    • Oral

    • Topical

    • Others

Global alopecia gender outlook, by revenue (USD Million, 2013 - 2024)

    • Men

    • Women

Global alopecia regional outlook, by revenue (USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • Japan

        • China

    • Latin America

        • Brazil

        • Mexico

    • MEA

        • South Africa

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Aesthetic Medicine Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2022

July 27, 2021: Global Aesthetic Medicine Market is anticipated to reach USD 11.9 billion by 2022. Aesthetic medicine is a wide-ranging term for specialties that emphasize on improving cosmetic appearance through the treatment of situations including skin laxity, scars, wrinkles, excess fat, unwanted hair, skin discoloration. The factors that propel the growth of the Aesthetic Medicine Market include rising awareness regarding aesthetic procedures. In addition, growing demand for the use of minimally invasive equipment, rapid technological advancement, and increase in disposable incomes. On the other hand, there are factors that may hamper the growth of the market including poor compensation structures and probable health risks related with the procedures. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Market may be explored by product type, application, and geography. Aesthetic Medicine Market may be explored by product type as Energy Based Devices, may include (Body Contouring Devices, Aesthetic Laser Devices, Microdermabrasion, Ultrasound), Implants, Botulinum toxin, Anti-wrinkle products, Chemical Peel, and Dermal Fillers. The “Anti-Wrinkle Products” segment led the Aesthetic Medicine Market in 2014 and is anticipated to maintain its dominance by 2022. The factors that could be attributed to the growth include high consumer consciousness levels concerning product accessibility, high efficacy rates, and affordable cost.

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The market could be explored based on end user as Beauty Centers, Clinics and Medical spas. The “Clinics And Beauty Centers” segment led the Aesthetic Medicine Market in 2014 and is anticipated to maintain its dominance by 2022. Asia-Pacific accounted for the major share of the aesthetic medicine market in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes increasing disposable income, huge number of surgical procedures performed in Japan, China, and South Korea, each year. Accessibility of skilled specialists, cheaper treatment costs and advanced techniques, are appealing customers around the globe to Asia Pacific.

Some of the key players that fuel the growth of the Aesthetic Medicine Market comprise Alma Laser, Allergan, Inc., Syneron Medical Ltd., Cynosure, Lumenis, Galderma S.A., Solta Medical, Inc., and Johnson and Johnson. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Global Aesthetic Medicine Product Outlook, 2012 - 2022 (USD Million)

    • Energy Based Devices

        • Aesthetic Laser Devices

        • Body Contouring Devices

        • Microdermabrasion

        • Ultrasound

    • Implants

    • Anti-wrinkle products

        • Botulinum toxin

        • Dermal Fillers

        • Chemical Peel

Global Aesthetic Medicine End-use Outlook, 2012 - 2022 (USD Million)

    • Clinics and Beauty Centers

    • Home Use

Aesthetic Medicine Regional Outlook, 2012 - 2022 (USD Million)

    • North America

        • U.S. Aesthetic Medicine Market by Product Type

        • Canada Aesthetic Medicine Market by Product Type

        • U.S. Aesthetic Medicine Market by End-use

        • Canada Aesthetic Medicine Market by End-use

    • Europe

        • Germany Aesthetic Medicine Market by Product Type

        • France Aesthetic Medicine Market by Product Type

        • Germany Aesthetic Medicine Market by End-use

        • France Aesthetic Medicine Market by End-use

    • Asia Pacific

        • South Korea Aesthetic Medicine Market by Product Type

        • Japan Aesthetic Medicine Market by Product Type

        • South Korea Aesthetic Medicine Market by End-use

        • Japan Aesthetic Medicine Market by End-use

    • Latin America

        • Brazil Aesthetic Medicine Market by Product Type

        • Mexico Aesthetic Medicine Market by Product Type

        • Brazil Aesthetic Medicine Market by End-use

        • Mexico Aesthetic Medicine Market by End-use

    • MEA

        • South Africa Aesthetic Medicine Market by Product Type

        • South Africa Aesthetic Medicine Market by End-use

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Warehouse Management System (WMS) Market Statistics, Growth Prediction, Competitive Research And Outlook till 2025

July 27, 2021: The global Warehouse Management System (WMS) Market estimated to develop at a CAGR of 16.0% for the duration of the prediction. The Warehouse Management System industry was appreciated by US$ 1.69 billion in the year 2017. Increasing markets, throughout the world, have boosted a number of subdivisions for example healthcare, retail and manufacturing to accomplish extremely well-organized procedures so as to upsurge their productivity and come across consumer demand.

The Warehouse Management System market on the source of Type of Application could span Foodstuff & Liquid Refreshment, Retail, Transportation & Logistics, Manufacturing, Healthcare, and Others. The market on the source of Type of Function could span Consulting Services, Billing & Yard Management, Labor Management System, Systems Integration & Maintenance, Analytics & Optimization.

The subdivision of Analytics & Optimization is composed to grow by a CAGR of almost 19.0% above the prediction period, while the income funded by the subdivision of Systems Integration & Maintenance is expected to be the uppermost all the way through the similar period. The Warehouse Management System (WMS) industry on the source of Type of Placement could span Cloud, On Premise.

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The Warehouse Management System (WMS) market on the source of Type of Component could span Services, Software. On the source of component, the subdivision of software is likely to top the warehouse management system industry for the period of prediction. In an active supply chain ecological unit, warehouse working businesses have understood the significance of WMS software, such as this software precisely accomplishes their register. Hence, growing alertness of WMS software between Small and Medium-sized Enterprises [SMEs] and the increasing acceptance of cloud centered resolutions of WMS software are important features motivating the demand for WMS software.

The Warehouse Management System market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S., Canada, and Mexico], South America [Brazil], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Middle East & Africa.

By the source of geography, the area of Europe had directed the important income stake in the market in the year of 2017. It is projected to be appreciated by near enough US$ 1.7 billion by 2025. Asia Pacific is expected to be the utmost encouraging area for the duration of the prediction due to greater progressing markets for example India, Philippines and China. By growing procuring power of customers, emerging nations are observing a development in the demand for end-use products. This is definitely swaying the demand for Warehouse Management System (WMS) for continuous source of products to consumers.

North America is one of the important development areas in the Warehouse Management System (WMS) industry. Improved acceptance of cloud machinery, development of the e-commerce business, extremely advanced warehousing substructure, and widespread third-party delivery system are impelling the progress of the warehouse management system market in North America. Furthermore, the existence of recognized manufacturing companies in the U.S., Canada, and Mexico are additionally backing to the development of this market.

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The statement revises Trades in terms of intake of Warehouse Management System (WMS) in the market; particularly in North America, Europe, Asia Pacific, South America, Middle East &Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the Warehouse Management System (WMS) on the international basis are PSI Logistics GmbH, Made4net (KEY INNOVATOR), Reply, Synergy Ltd, SAPSE, Manhattan Associates, Epicor Software Corporation, Infor Inc., TECSYS Inc., Soft eon, Oracle Corp., High Jump, JDA Software Group, Inc., IBM Corp., PTC Inc. and BluJay Solutions.

Market Segment:

WMS Component Outlook (Revenue, USD Million, 2014 - 2025)

    • Software

    • Services

WMS Deployment Outlook (Revenue, USD Million, 2014 - 2025)

    • On-Premise

    • Cloud

WMS Function Outlook (Revenue, USD Million, 2014 - 2025)

    • Labor Management System

    • Analytics & Optimization

    • Billing & Yard Management

    • Systems Integration & Maintenance

    • Consulting Services

WMS Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Transportation & Logistics

    • Retail

    • Healthcare

    • Manufacturing

    • Food & Beverage

    • Others

WMS Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East and Africa

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Homeland Security Market Analytical Overview, Size, Share, Growth Factors, Demand and Trends Forecast till 2024

July 26, 2021: The global homeland security market size is expected to value at USD 452.46 billion by 2024. The market is subject to witness a substantial growth due to the growing demand for safety equipment and solutions by various sectors such as aviation industry, maritime industry, and border-fence security. Increase in the competition due to presence of large number of manufacturers coupled with rise in the R&D operations to develop novel products are anticipated to fuel the growth of homeland security market in the upcoming years.

Introduction of highly advanced machineries such as mission-critical communication devices with fast-paced operational capability and cost-effectiveness are estimated to fuel market demand for homeland security solution in the near future. Globally, the homeland security market is predicted to grow at high CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development in the homeland security market.

Numerous initiatives undertaken by local governments to limit rising cross-border insurgencies and terrorist activities, particularly in the Asia Pacific region, are predicted to drive the market demand. Other security concerns such as growing human trafficking, drug smuggling, and illicit migration are some of the critical factors for encouraging the regional authorities to implement advanced security measures to mitigate risks, by means of adapting homeland security solutions.

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Increasing demand for cyber security to limit number of cyber-attacks and data breaches from North America, and European region are anticipated to foster market growth in the upcoming years. Rising implementation of cyber defenses by private organization is also expected to positively influence market demand in the near future.

Additionally, shifting trends towards adoption of latest technologies including cloud computing, and next-generation mobile computing for private enterprises are permanently changing the way an organization uses information technology for distributing an information and piloting e-commerce, thus propelling market growth in the recent years. Currently, as many as total of eighty percent commercial transactions are conducted online that holds a higher quality of safety for transparent transactions.

Increase in adoption of unmanned vehicle systems that are largely utilized for national safety missions all around the globe. For example, introduction of unmanned aerial systems (UAS) by U.S army with prominently expected outcomes is projected to boost market demand for homeland security. As unmanned systems and vehicles are becoming less expensive, easy to use and easily available leading substantial market growth in the last decade.

Cyber security is considered as one of the fastest growing segment in the homeland security market with significant revenue generation in the last couple of years. Growing popularity of the cyber security market segment is attributed to the increasing prevalence of cyber-attacks and data breaches. Moreover, need for advanced cyber security solution is generated due to widespread implementation of cloud computing and next-generation mobile computing coupled with different e-services available in the market.

Adoption of homeland security offers desired level of safety, capability to combat cybercrime efficiently and advanced defense capabilities. Aviation segment has also witnessed significant growth in the recent years due to the development of technologies like biometric identification, handheld screening, and RFID technology.

The homeland security market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in cyber security sector, increase in the prevalence of cyber-attacks each years, and existence of well-established industrial infrastructure in the region. Asia-Pacific region holds a major share in the homeland security industry to display a massive growth in forecast period.

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Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing security concerns due to terrorist activities, strong economic growth, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the homeland security market are Elbit Systems Ltd., FLIR Systems Inc., General Dynamics Co., Harris Co., L-3 Communications Co., Holding Incorporations, Megal Security Systems Limited, Raytheon Company, Inc., Safran S.A., Thales S.A., and Unisys Co.

Market Segment:

Homeland Security Type Outlook (Revenue, USD Billion, 2015 - 2024)

    • Aviation security

    • Maritime security

    • Border security

    • Critical infrastructure security

    • Cyber security

    • CBRN security

    • Mass transit security

    • Others

Homeland Security Regional Outlook (USD Billion, 2015 - 2024)

    • North America

    • Europe

    • Asia Pacific

    • RoW

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