New Research Report by Homeland Security Research Corp. Forecasts a Global Market for Homeland Security
24 May 2005
A new research report by Homeland Security Research Corporation (HSRC) provides insight into the dynamic growth opportunities that the $1,150 billion Dollars cumulative Homeland Security & Homeland Defense global markets will create over the next 10 years. The research forecasts that the combined Global market for Homeland Security & Homeland Defense will exceed $170B by 2015, with the U.S. constituting only 41% of that market.
"Time and again through our engagements and interviews with clients, ranging from Fortune 500 executives and governments officials to small business entrepreneurs, one common issue was raised: There was still no overall analysis, no map, of how this complex market will develop -- locally and globally," said Dan Inbar, HSRC's Chairman and CTO. "With this market research, we address this very need."
In over 400 pages, 194 graphs, and 109 tables, the new report provides the results of hundreds of interviews and the researching of more than 5,000 documents.
Assuming no major terror attacks, some of the report's findings include:
2010 Market share by territory will be: U.S. -- 47%., Middle East -- 9%, E.U. -- 20%, Australia, Japan, Pacific Rim -- 10%, PRC & India -- 6%, Canada & Mexico -- 2%, Rest of World -- 6%
The fraction of the HLS/HLD market, out of the total global defense budgets, will grow by approximately 350% from 2.5% in 2003 to 8.7% by 2015
Market forecast analysis and business opportunities are presented in six structured market segmentation categories:
1. 2006-2015 Market Segmentation by End Customer
2. 2006-2015 Market Segmentation by Mission Area
3. 2006-2015 Market Segmentation by Geographical Territories
4. Market Drivers & Inhibitors
5. 2006-2015 Business Opportunities by Threats & Vulnerabilities
6. 2006-2015 Market Segmentation by Homeland Security and Homeland Defense Sectors
About Homeland Security Research Corporation
Homeland Security Research Corp. is a Washington, D.C. based international market research and strategic consulting firm serving the homeland security community. Our company provides premium market, technology and industry expertise that enable clients around the world to gain critical insight into the business opportunities that exist within the Homeland Security market.
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Contact:
Homeland Security Research Corporation
Head Office, 202-434-8208
www.hsrc.biz
tamit@hsrc.biz (Inquiries)
John Mitscha, 408-295-4000
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Source: Homeland Security Research Corporation
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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