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Increased Spending on the EU's External Borders to Drive the Border Security Market, Says Frost & Sullivan
Date:12/16/2009

LONDON, Dec. 16 /PRNewswire/ -- European Union (EU) member states are spending more on protecting their borders, which are increasingly subjected to unauthorised immigration and illegal drug trafficking. High investment in advanced technology security and IT-based systems will boost the border security market.

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New analysis from Frost & Sullivan (http://www.aerospace.frost.com), Border Security Market Assessment - European Union, finds that the market earned revenues of $193.6 million in 2008 and estimates this to reach $286.9 million in 2015. The markets covered in this research are: surveillance systems, screening and detection systems and biometric systems.

"The rise of terrorism together with increased immigration from South America and North Africa have impelled EU member states and the European Commission (EC) to invest in hi-tech systems to safeguard external borders," says Frost & Sullivan Research Analyst Mohan Kumar V V. "Government spending on border control and surveillance is expected to increase, creating new opportunities for information technology (IT) and security system manufacturers."

Biometric systems that are evolving as the standard technology for border control will continue to drive this market. Multimodal biometrics, which ensures flexibility and authenticity, is in the developmental stage but will likely come to dominate the market in the future.

However, recovery from the current economic slump w
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SOURCE Frost & Sullivan
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