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The Homeland Security and Emergency Management Market was valued at US$ 809.32 billion in 2023, expected to reach USD 1321.58 billion by 2032 and grow at a CAGR of 6.5% over the forecast period 2024-2032.
Individuals are provided with welfare and safety during calamities and disasters through homeland security and emergency management. Homeland security and emergency management assist in the prevention and management of risks, particularly those having catastrophic effects on regions, communities, or entire countries. Increased procurements of better security systems for intercepting terrorist attacks have been a growth generator for the homeland security and emergency management market, and this trend is expected to continue during the forecast period.
Increased investments in airports, seaports, and border security, as well as the development of customs and immigration services, are driving the market growth.
With increased digitalization, cyber dangers are increasing at an alarming rate. This is expected to compel governments throughout the world to tighten their cyber security in order to protect government and commercial sector IT systems.
MARKET DYNAMICS
KEY DRIVERS
Political war
Dictatorship
High investment in the sector
RESTRAINTS
Natural disasters
Low fund allocations
OPPORTUNITIES
Growing Services & Cloud-based applications
Enhancing cybersecurity
CHALLENGES
Threats recognition rate
Insider attacks
THE IMPACT OF COVID-19
The influence of COVID-19 has been studied under three different categories: realistic, optimistic, and pessimistic. For additional calculations, the realistic scenario was taken into account. To some extent, the manufacture of sophisticated sensors and related component lines has been impacted. However, due to the issue of multiple product development contracts between January 2020 and July 2020, there has been a steady need for surveillance and intelligence collecting systems in homeland security and disaster management. Numerous countries, notably the United States and China, have reduced their respective budget allocations for homeland security and emergency management while shifting some cash for pandemic preparedness. Furthermore, the supply chain on both the demand and supply side is experiencing significant disruption, resulting in order completion or cancellation delays.
The systems category is likely to lead the homeland security and emergency management market due to rising worldwide threats. One of the primary aspects driving the expansion of the systems segment is the increasing demand for non-lethal weapons used to suppress riots. The segment's rise is being fueled by an increase in the acquisition of new homeland security systems by various law enforcement agencies throughout the world.
This segment's rise can be ascribed to a variety of issues, including changing climatic conditions, increased natural disasters, government emphasis on safety laws, frequent terror attacks, and domestic violence. Because the bulk of existing installations have either become obsolete or are running on antiquated technologies, homeland security and emergency management agencies are looking for improved and technologically sophisticated solutions. Several Tier 1 firms are currently delivering technologically advanced and sophisticated solutions in the homeland security and emergency management industry. The segment held the biggest market share and is predicted to grow at the fastest rate during the forecast period. This is because homeland security and emergency management agencies around the world are increasing their demand for homeland security systems such as intelligence and surveillance systems, detection and monitoring systems, weapon systems, and communication systems for command, control, and improved situational awareness. Professional services and managed services are included in the service section. In 2022, the managed services sector held the greatest market share. Managed services are often ongoing and can address a wide range of an organization's security requirements.
By Application
Military
Homeland Security
Cyber Protection
Commercial
Emergency Management
By Component
System
Services
By Platform
Land
Maritime
Airborne
Space
By Installation Base
Fixed Command Centers
Deployable Command Centers
By Installation
New Installation
Upgrade
REGIONAL ANALYSIS
North America dominates the national security and emergency management market. The trend is expected to continue during the forecast period due to the presence of key players, such as General Dynamics Corporation, Lockheed Martin Corporation, and Raytheon Company, as well as the high investment these companies have made in the development of advanced systems and solutions. The increasing adoption of programs developed by the European Homeland Security Organization for intelligence, surveillance, and re-surveillance is expected to increase the need for national security and emergency management during the review period. The market in the region is expected to grow at a higher CAGR during the forecast period. Increased defense costs and rising terrorist acts in countries such as India, China, Indonesia and Australia, drive market growth in the region.
Rising international defense costs, such as Saudi Arabia, the UAE, and Israel, drive market growth in the Middle East and Africa.
In Latin America, there has been an increase in the use of advanced intelligence-gathering programs related to drug trafficking by rebel groups, deforestation surveillance, and illegal migration control, which is expected to boost national security market and emergency management.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Raytheon Company, Northrop Grumman, Leidos, IBM, FLIR Systems, Thales Group, General Dynamics, Unisys, Elbit Systems Ltd. and Others Players
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 809.32 Billion |
| Market Size by 2032 | US$ 1321.58 Billion |
| CAGR | CAGR of 6.5% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Military, Homeland Security & Cyber Protection and Commercial, Emergency Management) • By Component (System and Services), Platform (Land, Maritime, Airborne and Space) • By Installation Base (Fixed Command Centers and Deployable Command Centers) • By Installation (New Installation, Upgrade) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Raytheon Company, Northrop Grumman, Leidos, IBM, FLIR Systems, Thales Group, General Dynamics, Unisys, Elbit Systems Ltd., Others |
| DRIVERS | • Political war • Dictatorship • High investment in the sector |
| RESTRAINTS | • Natural disasters • Low fund allocations |
The market size for the Homeland Security and Emergency Management Market was valued at USD 809.32 billion in 2023.
The expected CAGR of the Homeland Security and Emergency Management Market is 6.5% during the forecast period 2024-2032.
The leading players in the Homeland Security and Emergency Management Market include Raytheon Company, Northrop Grumman, Leidos, IBM, FLIR Systems, Thales Group, General Dynamics, Unisys, Elbit Systems Ltd.
Homeland security and emergency management assist in the prevention and management of risks, particularly those having catastrophic effects on regions, communities, or entire countries.
North America region dominated the Homeland Security and Emergency Management Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Homeland Security and Emergency Management Market, by Application
8.1 Military
8.2 Homeland Security
8.3 Cyber Protection
8.4 Commercial
8.5 Emergency Management
9. Homeland Security and Emergency Management Market, by Component
9.1 Solution
9.2 Services
10. Homeland Security and Emergency Management Market, by Platform
10.1 Land
10.2 Maritime
10.3 Airborne
10.4 Space
11. Homeland Security and Emergency Management Market, by Installation Base
11.1 Fixed Command Centers
11.2 Deployable Command Centers
12. Homeland Security and Emergency Management Market, by Installation
12.1 New Installation
12.2 Upgrade
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company Profiles
14.1 Elbit Systems Ltd
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Leidos
14.3 IBM
14.4 FLIR Systems
14.5 BAE Systems PLC
14.6 General Dynamics Corporation
14.7 Lockheed Martin Corporation
14.8 Raytheon Company
14.9 Northrop Grumman Corporation
14.10 Thales Group
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
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