Global Threat Detection Systems Market is anticipated to grow with a healthy growth rate of more than 13.3 % over the forecast period 2021-2027. .Global Threat Detection Systems Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13.3 % over the forecast period 2021-2027. Threat detection system is a technique used to identify various threats such as explosive materials, drugs, and prohibited substances. The increasing international safety concerns and an increase in terrorist activities are the major factors that are driving the threat detection systems market growth. Other driving forces include the growing demand for device protection and security software automation. In April 2018, CyberEdge signed a collaboration with Darktrace, a provider of innovation immune system technology. This collaboration will assist CyberEdge in providing cyber threat detection solutions to its customers while also enhancing CyberEdge's cyber security capabilities. With the increasing number of attacks on networks to gain unauthorized access to data, many businesses have begun to mandate Threat Detection Systems for cybersecurity. Through network traffic analysis, network control solution provider aid in the detection of malicious activity. It also provides multi-level assessment to control network operation. The main challenge for Threat Detection Systems is user ignorance. Many business owners are unaware of debugging technology, which increases the threat potential on the network. Other issues include a lack of control over terminal connectivity solutions, as well as a lack of secure boot such as SIEM (Security Information and Event Management) are factor that hinder the growth of market. Also, as the demand for robotics as a service application grows, adding sophisticated capabilities to existing infrastructure, rapid growth for biometric systems from telecommunications equipment and commercial establishments creates market opportunities.
Due to the extreme high digital transformation and advanced techniques such as cloud, mobile, and analytics within and between businesses, North America has the leading position for Threat Detection Systems. The widespread adoption of security and threat protection solutions is also assisting the Threat Detection System market to expand significantly. Corporations such as Cisco are also working to develop Threat Detection solutions through collaborations in this market in order to expand market opportunities. The market for Threat Detection System is expanding rapidly in Europe and Asia Pacific, owing to rising demand for connectivity monitoring and management solutions among businesses.
Major market player included in this report are:
Amazon.com Inc.
Axis Communications AB
Chemring Group Plc
FLIR Systems Inc.
Mirion Technologies Inc.
RAE Systems Inc.
Safran SA
Smiths Group Plc
Thales Group
Vectra AI Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Explosive Detection
Radiological and Nuclear Detection
Chemical and Biological Detection
Narcotics Detection
Intrusion Detection
By Product/System:
Explosive and Narcotics Detectors
Personal Radiation Detectors
Dosimeters
Survey Meters
Identifiers
Photo Ionization Detectors
Air Samplers
Chemical Agent Detectors
Biological Agent Detectors
Laser Systems
Video Surveillance Systems
Perimeter Intrusion Detection Systems
Wideband Wireless Communications Systems
Biometric Systems
By Application:
Defence
Public Infrastructure
Commercial
Industrial
Institutional
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Threat Detection Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors