Navigation Links
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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

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 will not happen overnight because of budgetary constraints. Resultant delays in commissioning new civil security projects negatively affect the duration of the sales cycle.

"The financial crisis and intensifying competition add to the pricing pressure on suppliers," explains Kumar. "Although prices have declined considerably, cost continues to be a challenge for vendors."

Implementation of hi-tech projects like the visa information system (VIS), bio development (BIODEV), Schengen information system II (SIS-II), Euroborders, and numerous other projects initiated by the individual member nations, will further initiate growth in this market.

"Biometric systems are experiencing wider adoption due to their reliability and convenience," concludes Kumar. "However, companies and biometric associations should address the fear of data misuse and centralise information to gain end-user confidence."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Monika Kwiecinska, Corporate Communications, at monika.kwiecinska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

Border Security Market Assessment - European Union is part of the Defense Growth Partnership Services programme, which also includes research in the following markets: European Maritime Security Market, European Sea Port Security Market, Middle East Maritime Security Market, and European Sea C2 Markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.


                  Border Security Market Assessment - European Union
                                         M37B

    Contact:
    Monika Kwiecinska
    Corporate Communications - Europe
    P: +48 22 390 4127
    F: +48 22 390 4160
    E: monika.kwiecinska@frost.com

    http://www.frost.com

SOURCE Frost & Sullivan


'/>"/>
SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related biology news :

1. Head and neck cancer survivors who use alcohol and cigarettes have increased death risk
2. Increased nicotine levels detected in those who light-up earlier
3. Exposure to secondhand cigarette smoke over a lifetime increased breast cancer risk later in life
4. Teenage obesity linked to increased risk of MS
5. Global warming may spur increased growth in Pacific Northwest forests
6. Insufficient levels of vitamin D puts elderly at increased risk of dying from heart disease
7. Increased climate volatility expected to worsen poverty vulnerability in developing countries
8. Severe breathing disorders during sleep are associated with an increased risk of dying
9. Purple sweet potato means increased amount of anti-cancer components
10. Vitamin D deficiency related to increased inflammation in healthy women
11. Mothers of multiple births at increased odds of postpartum depression
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/16/2016)... June 16, 2016 The ... expected to reach USD 1.83 billion by 2024, ... Research, Inc. Technological proliferation and increasing demand in ... expected to drive the market growth. ... The development of advanced multimodal techniques for ...
(Date:6/9/2016)... in attendance control systems is proud to announce the introduction of fingerprint attendance control ... right employees are actually signing in, and to even control the opening of doors. ... ... ... Photo - ...
(Date:6/7/2016)... 2016  Syngrafii Inc. and San Antonio Credit ... includes integrating Syngrafii,s patented LongPen™ eSignature "Wet" solution ... will result in greater convenience for SACU members ... maintaining existing document workflow and compliance requirements. ... Highlights: ...
Breaking Biology News(10 mins):
(Date:6/23/2016)... ... June 23, 2016 , ... ... announce the launch of their brand, UP4™ Probiotics, into Target stores nationwide. The ... is proud to add Target to its list of well-respected retailers. This list ...
(Date:6/23/2016)... ... June 23, 2016 , ... Charm Sciences, ... microbial test has received AOAC Research Institute approval 061601. , “This is another ... year,” stated Bob Salter, Vice President of Regulatory and Industrial Affairs. “The Peel ...
(Date:6/23/2016)... ... June 23, 2016 , ... STACS DNA Inc., the sample tracking software company, ... Crime Laboratory, has joined STACS DNA as a Field Application Specialist. , “I ... President and COO of STACS DNA. “In further expanding our capacity as a scientific ...
(Date:6/23/2016)... 23, 2016 On Wednesday, June 22, ... down 0.22%; the Dow Jones Industrial Average edged 0.27% lower ... 2,085.45, down 0.17%. Stock-Callers.com has initiated coverage on the following ... Therapeutics (NASDAQ: NKTR ), Aralez Pharmaceuticals Inc. (NASDAQ: ... BIND ). Learn more about these stocks by accessing ...
Breaking Biology Technology: