No Recession in Homeland Security Markets

How will the recent economical turmoil impact the global Homelad Security markets ?

(HSRC) concludes that on the backdrop of the global economic crisis, the HLS-HLD (Homeland Security, Homeland Defense and Counter Terror Intelligence) markets will remain recession-proof. This forecasted HLS-HLD market growth will be impacted by several factors including:

  • The Bi-partisan commitment to homeland security in the U.S.
  • The Chinese goverment’s internal security concens at times of slow economic growth
  • Middle Eastern HLS-HLD investments in regime stabilization to counter threats from homegrown radical islam
  • India’s escalating Al-Qaeda terror activities
  • The need to replace ineffective counter terror technologies
  • A global trend to Keynesian economics, expanding government-funded infrastructure outlay to curb economic recession

The new research forecasts that global HLS-HLD markets will double over the 2009-2018 period, exhibiting a robust growth of 6 to 7.5% CAGR.

Source: Homeland Security Market Research


Read More