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Homeland Security Market is growing with a CARC of 5.54% & Expected to Reach $544.02 Billion by 2018 - New Report by MarketsandMarkets
Date:8/9/2013

(PRWEB) August 09, 2013

According to a new market research report, "Global Homeland Security and Emergency Management Market, 2013 - 2018," published by MarketsandMarkets, the homeland security market is expected to reach $544.02 Billion by 2018 & growing with a CARC of 5.54% which analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

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  •     32 Market Data Tables
  •     87 Figures
  •     175 Pages and In-Depth Table of Content “Homeland Security Market”

http://www.marketsandmarkets.com/Market-Reports/homeland-security-emergency-management-market-575.html

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The global homeland security market is estimated to be US$415.53 billion in 2013 and is expected to register a CARC of 5.54% to reach US$544.02 billion by 2018. The cumulative market for homeland security during the forecast period is estimated at US$2842.47 billion. However, about 15% of that total is expected to be the capital expenditure.

Homeland security functions to avert any terrorist attacks on the homeland and to provide resilience in case of an attack. It also has to provide credible security against cyber fraud and cyber espionage and provide detection and protection capabilities against CBRN threats.& The threat of cross border terrorism, cyber crime, piracy, drug trade, human trafficking, internal dissent, separatist movements has been a driving factor for the homeland security market.

The risk of terrorist attack has led to an increase in aviation security spending. The illegal arms and drug traf
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