Global Homeland Security Market to Hit $452.5B by 2024, Forecast Projects

Research and Markets published a report on where the homeland security market is going for the next eight years.

The global homeland security market is expected to reach $452.5 billion by 2024, according to research conducted by Research and Markets. Technological advances are expected to drive the market.

North America dominated the industry in 2015 with over 25% of the global revenue. Meanwhile, Asia Pacific is expected to witness considerable growth due to advancements across emerging economies such as China and India.

Cybersecurity is expected to grow at a CAGR of more than 5.5% through 2024 due to an increasing number of cyber crimes and rising privacy concerns.

For more information on the study, click here.

Related: Gun Control Now a Homeland Security Matter, DHS Secretary Says

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