Submitted by: Submitted by wamy156
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Category: Business and Industry
Date Submitted: 05/12/2016 11:18 AM
Homeland Security Market in the Middle East is Expected to Grow at CAGR of
14.6% for the period of 2016–2022 – by Market Research Engine
Florida, May 12, 2016: With its recently published study on “Homeland Security Market in
the Middle East – Trends & Forecast – 2016–2022”, MRE predicts homeland security to be
one of the fastest developing markets in the Middle East due to the initiatives taken by
government and private organizations. In addition, the presence of major importers of oil
and gas in this region demands attention towards security measures. Also, the need for
effective command, control, recovering the information from a terrorist and effective
immigration fosters the growth of the market. The solution providers are also showing
interest in this region due to increase in cyber-attacks and demand for security solutions.
Due to this wide demand, solution providers are trying to enter the homeland security
market and capture the untapped region. Witnessing a wide adoption of solutions across the
region, “Homeland Security market in the Middle East” is expected to grow at CAGR
of 14.6% for the period of 2016–2022 (taking 2015 as the base year).
Browse Full Report:
http://www.marketresearchengine.com/reportdetails/middle-east-homelandsecurity-market
The investment in infrastructure is highest in the Middle Eastern countries, especially in
UAE, Turkey, and Saudi Arabia which will drive the market for CIP solutions. However,
cybersecurity solutions hold majority of the share in the Homeland Security market. It is
expected that countries such as Iraq and Egypt will also start spending on Homeland
Security by 2020. Countries such as Oman are considered the most established for
protecting its homeland. The countries such as Kuwait, Iraq, Iran, and Saudi Arabia will
focus more on land borders as they are very sensitive areas. The nuclear security is
expected to increase and reach around $0.70 billion by 2022 as lots of terrorist...