MarketResearchReports.com has learned that Global Critical Infrastructure Protection Market is going to grow at rapid pace after world acknowledges the threat of terrorism.
Lewes, DE -- (SBWIRE) -- 05/10/2017 -- The UN Security Council has already shown their inclination towards improved 'Critical Infrastructure Protection' after increased threats of terrorism. The security council has acknowledge the importance of "critical infrastructure" for a country's prosperity and security and against the physical and cyber threats from terrorist groups, the United Nations Security Council underlined the need for international collaboration – both domestically and across borders – to ensure their protection.
A unanimous resolution [UNSC Resolution 2341 (2017)] has been adopted by the 15-member Security Council reiterated "the need to strengthen efforts to improve security and protection of particularly vulnerable targets, such as infrastructure and public places."
Attacks against objects and sectors such as banking and finance, telecommunications, emergency services, air, maritime and rail transportation, and energy and water supply – perceived as 'attractive targets' for terrorist groups – can result not only in civilian casualties, but also damage property on a large scale, disrupt proper functioning of public services, and create chaos in societies.
Critical Infrastructure Protection Market by Key Segments:
As per our latest reports Global Critical Infrastructure Protection (CIP) market is expected to value US$77.4 Billion in 2017, and grow at a CAGR of 2.15% to value US$95.8 Billion by 2027. The cumulative market for global expenditure on CIP is expected at US$954.8 Billion over the forecast period.
Critical Infrastructure Protection Market by Key Regions:
CIP market is expected to be led by North America with an expected share of 44.8% over the forecast period, followed by the Europe at 22.3%, and Asia Pacific region at 21.5%. The Middle Eastern market for CIP is expected to account for a share of 9.6%, followed by the Latin American and African markets with a cumulative share of 1.8%.
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