Homeland Security and Emergency Management
US EVERY YEAR FOR THEIR
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Homeland Security and Emergency Management Market by Vertical
(Homeland Security, Emergency Management), Solution (Systems,
Services), Installation (New Installation, Upgrade), End Use,
Technology, and Region - Forecast to 2026
[395 Pages Report] According to MarketsandMarkets, the homeland security and emergency
management market is estimated to be valued at USD 668.7 billion in 2021 and is projected to
reach USD 904.6 billion by 2026, recording a CAGR of 6.2% in terms of value. It is witnessing
significant growth due to increasing political dissents and separatists’ movements The Asia Pacific
region will dominate the market due to the growing investments in homeland security and
emergency management solutions.
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COVID-19 Impact on market
The COVID-19 impact has been analyzed for three scenarios: realistic, optimistic, and pessimistic.
The realistic scenario has been considered for further calculations. The manufacture of
sophisticated sensors and related component lines has been impacted to some extent. However,
continuous demand for surveillance and intelligence gathering systems in homeland security and
emergency management has been observed due to the issuance of several product development
contracts between January 2020 and July 2020.
Numerous countries, including the US and China, have restricted their respective budget allocations
for homeland security and emergency management while diverting some funds for the preparations
against a pandemic. Further, the supply chain on demand as well as supply side is witnessing huge
impact, resulting in delays in order completion or cancellation.
Driver: Political dissents and separatists’ m