CHICAGO, April 29, 2020 /PRNewswire/ -- Post COVID-19, the size of the "COVID-19 Impact on Homeland Security Management Market by Technology (Thermal Imaging, AI-based Solution and Blockchain Solution), End-Use (Cyber Security, Aviation Security, Law Enforcement, and Risk & Emergency) and Region - Global Forecast to 2025", under realistic scenario is estimated to grow from USD 1,035 billion in 2020 and projected to reach USD 1,081 billion by 2025, at a CAGR of 0.9%. As per HLB's global survey of business leaders, multinational companies are not just adopting new technologies but also successfully navigating the pandemic in order to survive. Post COVID-19, new business norms are expected for international structuring and operational strategies. The homeland security departments of several countries have also modified their operating strategies due to COVID-19. The agencies within homeland security departments, such as FEMA, law enforcement, and critical infrastructure, are adopting strategic shifts suggested by their respective governments, such as implementing Essential Critical Infrastructure Workforce guidelines and national strategic plans for the effective management of COVID-19.
Request for PDF Brochure:
"Risk & Emergency to hold a significant share of the homeland security management market in 2020"
The short-term demand for technologies in the HLS segment, such as thermal scanners and drones, is going to increase. However, the demand for long-term demand for technologies such as 5G implementation will see neutral to negative growth in the next 12 months. Extensive implementation of AI-based solutions, such as virtual healthcare assistants (chatbots) to answer questions related to COVID-19, is expected in the risk and emergency services segment. Law enforcement agencies are also using surveillance drones for monitoring public areas during lockdowns.
"AI-based solutions to grow significantly during the forecast period"
COVID-19 patients need frequent monitoring of their lung infections using chest X-rays, but quantifying the extent of the infection is a time-consuming step for already overloaded radiologists. qXR by Qure.ai can detect findings such as ground-glass opacities and consolidation abnormalities that are indicative of COVID-19. This AI-powered solution also helps to detect tuberculosis, chronic obstructive pulmonary diseases, lung malignancies, and medical emergencies such as lung collapses and cardiac disorders. It can also localize lesions and quantify the volume of an infection.
Browse in-depth TOC on "COVID-19 Impact on Homeland Security Management Market"
19 – Tables
19 – Figures
89 – Pages
Request more details on:
"Asia Pacific to hold the largest share of the global homeland security management market during the forecast period"
The Asia Pacific region holds the largest market share in the homeland security industry. Countries such as India, China, and Japan are deploying AI-based security solutions. In India, a Gurgaon-based startup, Staqu, has launched a new thermal camera under its video analytics platform, JARVIS. This cutting-edge technology alerts users of anyone with a body temperature above 37°C and examines heat signatures directly through its cameras, enabling authorities to identify and further inspect suspected carriers of the novel coronavirus. At the same time, companies that provide facial recognition solutions are using the outbreak as an opportunity to push the capabilities of their products. As Quartz reported, China's SenseTime now boasts of a software that can identify people without face masks on.
Some of the major players operating in the homeland security and emergency management market are Lockheed Martin (US), Raytheon Company (US), Northrop Grumman (US), Leidos (US), IBM (US), FLIR Systems (US), Thales Group (France), Elbit Systems (Israel), General Dynamics (US), and Unisys (US).
Smart Airports Market by Application (Landside, Airside, Terminal Side), End Market (Implementation, Upgrades & Services), Type (Airport 2.0, Airport 3.0, Airport 4.0), Operation, System, Airport Size, Technology, and Region - Global Forecast to 2025
Aviation Blockchain Market by End Market (Airports, Airlines, MRO, Manufacturers, Lessors), Application (Smart Contracts, Supply Chain Management, Aircraft Maintenance, Cargo & Baggage Tracking), Deployment, Function, Region - Global Forecast to 2025
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Sanjay Gupta
630 Dundee Road
Northbrook, IL 60062
Visit Our Web Site: https://www.marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/covid-19-impact-on-homeland-security-market.asp
Content Source : https://www.marketsandmarkets.com/PressReleases/covid-19-impact-on-homeland-security.asp