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Port Security Market in North America 2015 Share, Scope, Trends and Forecast to 2019

Port Security market in North America to grow at a CAGR of 7.44 percent over the period 2014-2019.


Deerfield Beach, FL -- (SBWIRE) -- 07/23/2015 -- Port Security Market in North America 2015-2019

Port security refers to physical security implemented in airports and marine ports. Access control, screening, video surveillance, weapon detection, visitor management, intrusion detection, fire detection, and network and cyber security are some of the major types of security provided in airports and marine ports. Need for port security has increased because of growth in terrorist attacks, criminal activities, and smuggling of precious metals, chemicals, weapons, and drugs.

Port Security market in North America to grow at a CAGR of 7.44 percent over the period 2014-2019.

Convergence of technologies is one of the key trends being witnessed in the market. Several companies now prefer converged security solutions to combat design complexity, which has risen from the increased adoption of various security solutions. The growing need to protect resources from advanced security threats has driven companies to adopt multiple security solutions. This has increased the complexity of the infrastructure, making it difficult for end-users to manage these solutions.

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"The market is expected to have a high demand for vulnerability management and policy/compliance-related solutions in the future. For instance, there is high demand for additional service offerings such as scanning, weapon detection, upgrades, configuration enforcement, and change control in the vulnerability space,".

Covered in this Report

This report covers the present scenario and the growth prospects of the Port Security market in North America for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of security products used for the following:

Airport security
Marine Port security

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

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"There is also an increased demand for compliance-related security offerings such as compliance and policy assessments and security benchmarking."

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.