CORONA Impact on Homeland Security Management Market worth $1,081 billion by 2025

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CORONA Impact on Homeland Security Management
Market worth 1,081 billion by 2025 Post
COVID-19, the size of the COVID-19 Impact on
Homeland Security Management Market by
Technology (Thermal Imaging, AI-based Solution
and Blockchain Solution), End-Use (Cyber
Security, Aviation Security, Law Enforcement,
and Risk Emergency) and Region Global
Forecast to 2025" under realistic scenario is
estimated to grow from USD 1,035 billion in 2020
and projected to reach USD 1,081 billion by 2025,
at a CAGR of 0.9. As per HLBs global survey of
business leaders, multinational companies are
not just adopting new technologies but also
successfully navigating the pandemic in order to
survive. Post COVID-19, new business norms are
expected for international structuring and
operational strategies. The homeland security
departments of several countries have also
modified their operating strategies due to
COVID-19. The agencies within homeland security
departments, such as FEMA, law enforcement, and
critical infrastructure, are adopting strategic
shifts suggested by their respective governments,
such as implementing Essential Critical
Infrastructure Workforce guidelines and
national strategic plans for the effective
management of COVID-19. Download PDF Brochure
https//www.marketsandmarkets.com/
pdfdownloadNew.asp?id148348291 Risk
Emergency to hold a significant share of the
homeland security management market in 2020
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The short-term demand for technologies in the HLS
segment, such as thermal scanners and drones, is
going to increase. However, the demand for
long-term demand for technologies such as 5G
implementation will see neutral to negative
growth in the next 12 months. Extensive
implementation of AI-based solutions, such as
virtual healthcare assistants (chatbots) to
answer questions related to COVID-19, is
expected in the risk and emergency services
segment. Law enforcement agencies are also using
surveillance drones for monitoring public areas
during lockdowns. AI-based solutions to grow
significantly during the forecast
period COVID-19 patients need frequent
monitoring of their lung infections using chest
X-rays, but quantifying the extent of the
infection is a time-consuming step for already
overloaded radiologists. qXR by Qure.ai can
detect findings such as ground-glass opacities
and consolidation abnormalities that are
indicative of COVID-19. This AI-powered solution
also helps to detect tuberculosis, chronic
obstructive pulmonary diseases, lung
malignancies, and medical emergencies such as
lung collapses and cardiac disorders. It can also
localize lesions and quantify the volume of an
infection. Asia Pacific to hold the largest
share of the global homeland security management
market during the forecast period The Asia
Pacific region holds the largest market share in
the homeland security industry. Countries such
as India, China, and Japan are deploying AI-based
security solutions. In India, a Gurgaon-based
startup, Staqu, has launched a new thermal
camera under its video analytics platform,
JARVIS. This cutting-
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edge technology alerts users of anyone with a
body temperature above 37C and examines heat
signatures directly through its cameras, enabling
authorities to identify and further inspect
suspected carriers of the novel coronavirus. At
the same time, companies that provide facial
recognition solutions are using the outbreak as
an opportunity to push the capabilities of their
products. As Quartz reported, Chinas SenseTime
now boasts of a software that can identify people
without face masks on. Some of the major players
operating in the homeland security and emergency
management market are Lockheed Martin (US),
Raytheon Company (US), Northrop Grumman (US),
Leidos (US), IBM (US), FLIR Systems (US), Thales
Group (France), Elbit Systems (Israel), General
Dynamics (US), and Unisys (US). Dont miss out
on business opportunities in COVID-19 Impact on
Homeland Security Management Market. Speak to
our analyst and gain crucial industry insights
that will help your business grow. About
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