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New Market Research Report -- Rise of Terrorism Driving Homeland Security Market

Oct 25 2012 12:00AM

Marketwire

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ROCKVILLE, MD -- (Marketwire) -- 10/25/12 -- MarketResearch.com has announced the addition of the new report "The Global Homeland Security Market 2012-2022," to their collection of market reports.

Asia-Pacific is expected to be the largest and one of the fastest-growing markets for homeland security infrastructure and equipment, driven primarily by China's mammoth expenditure. Of all countries, China is expected to constitute the largest share of the homeland security market in the region, followed by India, Australia, Japan, South Korea, and Thailand. Moreover, China leads the global HLS expenditure with a share of 50% and is the only country which spends more on internal security than on national defense.

Recent years have witnessed growing concerns about the possibility of bio terrorism attacks that could strike cities across the world. Threats such as anthrax, H1N1 and avian influenza flu, have drawn serious attention to the need for bio surveillance systems that provide early detection and warning about biological threats. This has resulted in governments, militaries and the biopharmaceutical industry taking pre-emptive measures and developing strategies to counter such an attack.

Recent years have witnessed a rise in the number of joint ventures between companies looking to make a foray into the lucrative homeland security market. Domestic manufacturers are now encouraged to form strategic alliances and technology transfer agreements with established companies as countries are keen on developing their indigenous manufacturing capabilities. In addition this also provides the foreign company with an opportunity to cater to a new market.

For more information, visit http://www.marketresearch.com/land/product.asp?productid=7171378&progid=84840

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.



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Contact:
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MarketResearch.com
240.747.3014
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Source: Marketwire


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