Border Surveillance Market Size,Share,Analysis,Growth,Trend-2023
Global Border Surveillance Market – Overview
The global border surveillance market is growing at a substantial rate. According to the recent
study conducted by Market Research Future, the global border surveillance market is estimated
to grow rapidly during the forecast period. The market is forecasted to witness a steady growth
by 2023, growing at a moderate CAGR during the projected period (2017 -2023).
The main driving factor for the global border surveillance market is the growing need for nations
to secure their borders from trespassers. Borders are a major area of concern for all nations for
their safety as illegal arms and illegal immigrants may enter the country and cause grievous harm
to its citizens. Unmanned planes armed with night vision comes a long way in delivering the
required surveillance to security forces even at night. Another major factor driving the growth of
the global border surveillance market is substantial growth in the number of illegal immigrants
across the globe.
Geopolitical conflicts are a major factor that influences the growth of the global border surveillance
market. Insecurities with neighbouring countries leads the government into procuring innovative
technology to stay ahead of their adversary. The governments are also investing substantial
amount of funds in the research and development of technology. Moreover, many nations have
continuous conflicts with their neighbouring countries on account of encroachment.
In recent years, there has been a rise in the number of global conflicts such as the Russia and
Ukraine conflict over Crimea, battle for supremacy in the South China Sea territory between China
and South Korea, maritime disputes between Venezuela and Guyana, and the sea border dispute
between Colombia and Nicaragua. With the raging conflicts in such countries, along with the
growing extremist activities in Egypt, France, and Tunisia, 2015 was marked by widespread