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Airports and Borders Account for Bulk of the Market Revenue in the Asia Pacific Homeland Security Market.


SINGAPORE -- As the economic development of Asia Pacific is the fastest in the world, there is considerable demand for homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
 measures at major airports and land border checkpoints It has been suggested to create a new article named Checkpoint (security) and that this article should be a sub-article to the new article.  in the region. The governments are spending the most for the security of these two areas by implementing advanced surveillance, screening, and access control systems.

New analysis from Frost & Sullivan (http://www.aerospace&defense.frost.com), Asia Pacific Homeland Security Markets Assessment, finds that the markets earned revenues of $20.5 billion in 2007 and estimates this to reach $36.2 billion in 2014.

In Asia Pacific, most people are aware of the security threats to their region and hence, are supportive of government initiatives to beef up security to protect their homeland and increase trade.

However, Asia Pacific's rate of technology adoption is substantially lower than that of Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  because of its lack of awareness about the new security inventions, especially in IT-based security systems. Security companies could offer continuous training, simulations, and awareness programs to educate governments and operators.

Another hindrance hin·drance  
n.
1.
a. The act of hindering.

b. The condition of being hindered.

2. One that hinders; an impediment. See Synonyms at obstacle.
 to the rapid adoption of homeland security technologies is the frequent change of government administration in certain countries. This can cause inconsistencies in long-term infrastructure development, disrupting security plans due to the lack of affirmation of the final implementation plan.

Nevertheless, market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents.  can expect evolving homeland security threats to sustain the demand for advanced security equipment.

"Terrorist threats can be domestic and foreign and these are becoming more complex every year," says Frost & Sullivan Consulting Analyst Syahril Shariff. "Technology and security systems will have to become more advanced, as the security industry is fully dependent on the ability of a product or system to detect, deter, and prevent security threats."

Homeland security companies that wish to operate in this region should be prepared to deal with the challenges created by the multiplicity mul·ti·plic·i·ty  
n. pl. mul·ti·plic·i·ties
1. The state of being various or manifold: the multiplicity of architectural styles on that street.

2.
 of cultures, languages, and ethnicity. They have to stay abreast of the political climates and identify all security threats in each country to successfully collaborate with the governments.

"Apart from socio-political factors, market participants will also have to take stock of the technological maturity of the countries to be able to provide effective security solutions," notes Shariff.

In the Asia Pacific homeland security industry, there is very little interconnectivity among systems in various security operational areas. Therefore, it is imperative to integrate them to ensure seamless information sharing See data conferencing.  for more informed decision making.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the assessment of Asia Pacific Homeland Security Markets, then send an e-mail to Donna Jeremiah, Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , at djeremiah@frost.com, with your full name, company name, title, telephone number, company e-mail address See Internet address.

e-mail address - electronic mail address
, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by e-mail.

Asia Pacific Homeland Security Markets Assessment is part of the Aerospace & Defense Growth Partnership Services Program, which also includes research in the following markets:

1. China Airport Screening Market Analysis (Published)

2. India Airport Screening Market Analysis (Published)

3. Asia Pacific Maritime Security Market Assessment (4 July 2008)

4. Australian Border & Maritime Security Market Assessment (29 Aug 2008)

5. Asia Pacific Critical Infrastructure Protection Department of Defense (DOD) program to identify and protect assets critical to the Defense Transportation System. Loss of a critical asset would result in failure to support the mission of a combatant commander.  Market Assessment (19 Dec 2008)

All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Global Growth Consulting Company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting, and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 30 offices in six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Asia Pacific Homeland Security Markets Assessment

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Publication:Business Wire
Date:Feb 20, 2008
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