Deerfield Beach, FL -- (SBWIRE) -- 07/24/2015 -- Maritime Security Market in North America 2015-2019

About maritime security
Maritime security refers to security of marine ports, vessels, and facilities. The need for marine port security is on the rise because of growing number of terrorist attacks and criminal activities such as piracy, terrorism, and sabotage.

Marine security includes implementation of physical and cyber securities in port premises. Since marine ports facilitate trade between countries and continents, the need for maritime security is crucial. Radars, marine surveillance, SCADA, AIS, LRIT, smart container technology, detectors, and network and cyber security are the major types of security applications provided in marine ports.

Maritime security market in North America to grow at a CAGR of 7.23% over the period 2015-2019.

One of the key trends being witnessed in this market is the rapid advances in technology. Continual advances in technology have led to an increase in the application of security solutions in airports and marine ports. In addition, marine port security application vendors deliver high-quality output, which results in their increased adoption.

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The high adoption of security applications such as marine surveillance is expected in the region along with network and cyber security. The introduction of cloud-based security solutions is expected to affect the market growth as it is cost-effective with certain additional features such as the elimination of the need for infrastructure. Moreover, the growing threat of terrorist attacks, transportation of weapons, and other illegal goods are encouraging the adoption of marine port security applications.

Covered in this report
The report covers the present scenario and growth prospects of the maritime security market in North America for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of maritime security applications.

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The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. Major drivers that influence the growth of the market are also discussed in the report. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Maritime Security Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America; it also covers the landscape of the maritime security market in North America and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

"Currently, vendors in the market are offering security applications such as fire detection, intrusion detection, access security, and security surveillance,".

"There is a high demand for additional service offerings such as scanning, weapon detection, upgrades, configuration enforcement, and change control in the vulnerability space."

To define the market conditions in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.