Border Security Market Analysis, Trends, and Scope 2024 to 2031
Border Security Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 50.05 Billion |
Market Size by 2031 | US$ 91.58 Billion |
Global CAGR (2023 - 2031) | 7.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Environment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Border Security Market News and Recent Developments
The border security market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the border security market are listed below:
- Elbit America was awarded a contract to provide medium and long-range surveillance towers to the U.S. Customs and Border Protection. The surveillance towers will be comprised of multiple subsystems that allow U.S. Border Patrol Agents to continuously detect, identify, classify, and track items of interest along the nation's borders. (Source: Elbit America, Press Release, Sep 2023)
- QinetiQ US, has received a U.S. Department of Homeland Security (DHS) Customs and Border Protection (CBP) Air and Marine (AMO) Tethered Aerostat Radar System (TARS) Operations & Maintenance (O&M) IV contract, comprising one base with four option years, valued at US$ 170 Million. (Source: QinetiQ, Press Release, Nov 2023)
Border Security Market Report Coverage and Deliverables
The “Border Security Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Border security market market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Border security market market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Border security market market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the border security market
- Detailed company profiles