The global airport and marine port security market is expected to witness significant growth over the forecast period. Aviation & marine alliances are expected to drive innovation and breakthroughs in technology, which supports reliability objectives, enhanced efficiency, and lower logistics costs. The airport & marine port security market is expected to support increasingly diversified networks of trade in order to maintain competitive advantage and sustain economic growth. However, need for security in these premises due to increasing criminal activities and terrorist attacks is a major concern. There has been immense research for building efficient, comprehensive marine and airport security solutions. Governments have been forming various security norms and regulatory associations to ensure secure travel and trade. The U.S. government formed agencies including Transport Security Administration and Department of Homeland Security (DHS) along with implementation of International Ship and Port Facility (ISPS) code in order to benefit coordination between state security and port security services.
The major types of airport & marine port security systems include cyber security, fire detection, intrusion detection, visitor management, weapon detection, video surveillance, screening, and access control. The airport and marine port security market can be segmented by services, into maintenance & support, managed services, integration and consultation & designing. The industry is expected to be influenced by rising security concerns due to their high potential as channels for importing weapons, chemical materials, and explosives, which could pose a challenge to the global community. Necessity for sustaining the national business continuity and surging threats on the port are expected to drive the airport & marine port security market.
Key industry participants include Flir Systems Inc., Tyco International Ltd., Safran, Saab, Unisys, Huawei Technologies Co., HCL Infosystems Ltd., Siemens Ag, L-3 Communications Holdings Inc., Honeywell International Inc., Smiths Detection, Moran Shipping Agencies Inc. and Nedap AVI.
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Amidst the COVID-19 crisis, the network security industry is poised for sustainable growth despite the foreseeable economic turbulence. Implementation of remote working policy, due to lockdown is putting unanticipated stress on remote networking technologies and causing operational technology (OT) security risk concerns over the vulnerable home network security. Furthermore, as digital infrastructure becomes a critical aspect of business strategic considerations, network security will become a competitive differentiator for businesses and overhaul their remote working strategies. We are incessantly monitoring the market dynamics and regulations while continuously assessing the impact of Covid-19 with the aim of providing you with actionable market insights. The report will account for Covid19 as a key market contributor.
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