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Global Border and Maritime Security Market Assessment Human-Intensive Security on the Border and Maritime Domain Will Increase the Demand for New Technology M965-16 February 2014

Global Border and Maritime Security Market Executive Summary

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Global Border and Maritime Security Market Assessment Human-Intensive Security on the Border and Maritime Domain Will

Increase the Demand for New Technology

M965-16

February 2014

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Research Team

Krzysztof Rutkowski

Research Analyst

Aerospace, Defence, and Security

(+48) 22 481 62 12

[email protected]

Lead Analyst

Research Director

Anthony Leather

Research Analyst

Aerospace, Defence, and Security

(+44) 207 343 8334

[email protected]

Strategic Review Committee Leader

Steven Webb

Vice President

Aerospace, Defence, and Security

(+44) 207 915 7842

[email protected]

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Contents

Section Slide Numbers

Executive Summary 6

Market Overview 11

Total Border and Maritime Security Market -

• External Challenges: Drivers and Restraints 17

• Forecast and Trends 26

• Market Share and Competitive Analysis 37

Segment Breakdown -

• Border Security Segment 50

• Maritime Security Segment 57

Regional Breakdown -

• Africa 64

• Asia-Pacific 72

• Europe 80

• Latin America 88

• Middle East 96

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Contents

Section Slide Numbers

• North America 104

Country Breakdown -

• Algeria 112

• Australia 116

• Brazil 120

• China 125

• Egypt 129

• India 133

• Israel 137

• Jordan 141

• Malaysia 145

• Nigeria 149

• Oman 153

• Russia 157

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Contents

Section Slide Numbers

• Saudi Arabia 161

• Spain 165

• Turkey 169

• The United Arab Emirates 173

• The United States of America 177

The Last Word 183

Appendix 186

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Executive Summary

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Executive Summary

• Market expenditure has reached $29.33 billion in 2012. Frost & Sullivan anticipates that

this market will grow at a CAGR of 6.8% reaching $56.52 billion in 2022.

• Border security is the larger domain in the border and maritime security market

generating 55.5% of the expenditure while maritime security generates 44.5%.

• North America has possessed the highest expenditure in 2012 (38.9% of the entire

market) and will continue to be the highest by 2022 (30.0%).

• Asia-Pacific will continue to overtake North America’s market share and will increase its

share from 23.1% (2012) to 27.4% (2022).

• The highest CAGR from 2012 to 2022 will be held by the Middle East (10.5%), followed

by APAC (8.7%). Africa will follow with a CAGR of 8.4%.

• Technology revenue is expected to generate $4,165.0 million in 2012. We expect this

revenue to grow at a CAGR of 6.7% reaching $7,951.3 million by 2022.

Source: Frost & Sullivan

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Executive Summary (continued)

• Terrorism, piracy, more advanced technologies, inter-agency collaboration, and nations’

prioritising border security are driving the market.

• Difficulty in connecting border security incidents with domestic threats, budget cuts, and

many stakeholders in the border and maritime domain restrain exponential growth in this

sector.

Source: Frost & Sullivan

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Compound

Annual Growth

Rate

6.8%

(CAGR, 2012–2022)

Executive Summary—Market Engineering Measurements

Market Stage

Growth

Market Revenue

$29.33 B

(2012)

Market Size for

Last Year of

Study Period

$56.52 B

(2022)

Total Border and Maritime Security Market: Global, 2012

For a tabular version click here.

Degree of

Technical

Change

6

(scale:1 [Low] to 10 [High])

Stable Increasing Decreasing g

Customer Price

Sensitivity

7

(scale:1 [Low] to 10 [High])

Market Overview

Note: All figures are rounded. The base year is 2012. Source: Frost & Sullivan

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Executive Summary—CEO’s Perspective

2 Inter-agency participation is happening, but

we do not see any spending from private

companies to increase border security.

3 Expensive border security operations, which

are labour intensive, will be partially

substituted by technology.

4

Majority of goods transported around the

world uses waterways. This occurrence

makes it essential to deploy advanced state-

of-the-art technology to secure transport.

5

There is a chance for public–private

partnerships but only in coast guard and

harbour security. Most harbours are privately

owned.

1 Each nation needs a unique solution since its

issues and geographies cannot be replicated.

Source: Frost & Sullivan