Global Homeland Security Market was valued US$ 302 Bn in 2017 and is expected to reach US$ 485 Bn by 2026, at a CAGR of 6.1% during a forecast period.
Homeland security is a government proposal for protecting nations from natural and man-made calamities. Increasing risk of terrorist attack, use of immigration-related in defense and rising cases of cybercrime and other cyber fraud are the factors driving the growth of the homeland security market. Furthermore, the number of smuggling and trafficking cases has increased so protective measures such as homeland security products and the government to safeguard the interests of the country are adopting homeland security systems.
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