COVID-19 Impact on Homeland Security Management
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HOME ❯ TOP MARKET REPORTS ❯ COVID-19 IMPACT ON HOMELAND SECURITY MANAGEMENT
MARKET
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
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[89 Pages Report] Post COVID-19, the size of the global homeland security management market
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%. The projection for 2025 is estimated to be 30%
higher than pre-COVID-19 estimates. Realistically speaking, the market is has grown significantly in
2020 and will continue to grow till 2021.
The major factors driving the growth of the homeland security management market include
increasing demand for AI-based homeland security solutions and the need to upgrade existing IT
systems across the globe.
“The ongoing COVID-19 pandemic has significantly boosted the demand for thermal
imaging technology”
There are only a few FDA-approved temperature-sensing thermal cameras and software solutions
available in the market today, and they have typically served the pharmaceutical and biochemical
vertical markets. An FDA-approved thermal camera temperature solution is governed by ISO13154,
which sets the standard for the deployment, implementation, and operation of screening
thermographs for identifying febrile human beings. These installations come with a high cost, but
have extreme value in the right environments and applications.
“APAC is anticipated to hold a significant share of the global homeland security
management market in 2020”
Due to the COVID-19 crisis, APAC hospitals, airports security, maritime security, along with law
enforcement agencies have adop