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Frost & Sullivan: Internal Security Needs and Infrastructure Modernisation Spur Indian Civil Security Market

6 pages
Frost & Sullivan: Internal Security NeedsFrost & Sullivan: Internal Security Needs and Infrastructure Modernisation Spur Indian Civil Security Market PR Newswire LONDON, Nov. 14, 2013 - Market revenues will more than double by 2020 - offering end-to-end security solutions to enhance suppliers' profit The Indian civil security market is burgeoning as left wing extremism and terrorist threats compel state governments and police forces in the country to upgrade their civil security capabilities. Market participants also spot considerable opportunities in the country's need to modernise critical infrastructure such as airports, mass transportation, and oil and gas facilities. The government emphasise on natural disaster management and securing the borders and coastline is as well seen as a growth prospect. New analysis from Frost & Sullivan (http://www.defense.frost.com), Assessment of the Civil Security Market in India, finds that the market earned revenues of $10.69 billion in 2012 and estimates this to more than double to $26.46 billion in 2020 at a compound annual growth rate (CAGR) of 12 percent. The research covers the segments of border and maritime security, critical infrastructure protection for airports, oil and gas, power and utilities and mass transportation, first responder C3i and emergency response, safe cities, and cyber security. Airport security followed by safe cities will be the fastest expanding segments, with growth rates of 31.2 percent and 21.
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Frost & Sullivan: Internal Security Needs and Infrastructure Modernisation Spur Indian Civil Security Market

PR Newswire

- Market revenues will more than double by 2020 - offering end-to-end security solutions to enhance suppliers' profit

The Indian civil security market is burgeoning as left wing extremism and terrorist threats compel state governments and police forces in the country to upgrade their civil security capabilities. Market participants also spot considerable opportunities in the country's need to modernise critical infrastructure such as airports, mass transportation, and oil and gas facilities. The government emphasise on natural disaster management and securing the borders and coastline is as well seen as a growth prospect.