Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to IMARC Group’s latest report, titled “Homeland Security Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global homeland security market exhibited moderate growth during 2015-2020. Homeland security solutions assist in providing optimum protection to people living within a country. They comprise cameras, weapons, radars, thermal imaging devices and metal, explosives, and radiation detectors, which are used to identify anti-social threats. At present, they are increasingly being used to protect speech and protests, ensure trade and economic security, and prevent terrorizing tactics across the globe.
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Due to the increasing terrorist activities, there is a rise in the need for security solutions around the world. This, coupled with the implementation of stringent policies by governing agencies of several countries to improve national security, represents one of the key factors propelling the market growth. Apart from this, leading market players are focusing on integrating homeland security solutions with the Internet of Things (IoT), cloud, and machine learning (ML) technologies. They are also extensively investing in research and development (R&D) activities, which is creating a favorable market outlook. Looking forward, IMARC Group expects the global homeland security market to grow at a CAGR of around 6% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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