The global market for border security will reach $19.34 billion during 2013 with perimeter surveillance systems and unmanned aerial and ground vehicles playing lead roles among the systems deployed, says a report by Visiongain, a market research firm.
The report—The Global Border Security Market 2013-2023: UAVs, UGVs and Perimeter Surveillance Systems—says “there are numerous emerging markets around the world increasing their border security provisions through increased economic growth, large scale modernization projects or in preparation for major international events.”
“Border security will remain an important global market over the next decade as nations continue to enhance the protection of their borders in order to counter increasingly destabilizing threats such as smuggling, illegal immigration, terrorism, piracy or significant cross border tensions and potential hostilities,” the report says.
Therefore, while “budgetary restraints will cause some countries to cut back on the services they provide and the systems they acquire, the border security market will still see investment in both tried and tested equipment alongside new areas of technology such as biometrics and unmanned systems which will help improve cost efficiency,” the study says.
In addition, while the report forecasts the overall global border security market up to 2023, it also provides forecasts for five sub-markets that use technologies such as perimeter and border surveillance systems, IT systems, manned vehicles, vessels and aircraft, UAVs, UGVs and support and other services, Visiongain says. The report also provides forecast and analysis for the 15 leading national border security markets for the period 2013-2023 with tables detailing contracts within each national market, the company says.
Click here to access information on the report.