Tuesday, July 24, 2007
Jul. 24, 2007 (M2 Communications Ltd. delivered by Newstex) --
Dublin - Research and Markets ( http://www.researchandmarkets.com/reports/c63638) has announced the addition of new Frost & Sullivan report 'UK Homeland Security Market' to their offering
UK Homeland Security Market provides a market opportunity assessment for homeland security solutions across eight threat domains in the United Kingdom. It assesses market dynamics across these threat domains, evaluates market opportunities and provides strategic recommendations for companies that wish to enter the market. In this research service, expert analysts thoroughly examine the following markets: airport, seaport, maritime, critical infrastructure protection, First Responders' C3I, mass transport, border and large event security.
Mass Transport Market Vertical Offers Maximum Growth Opportunities due to Highest Threat Perception
Non-military security spending in the United Kingdom is at an all-time high due to heightened terrorist threat perceptions and large-scale security enhancements in its mass transport systems. With the 2012 London Olympics also not far away, the fear of security breaches and consequent threats to life and property has led the UK Government to take proactive measures to safeguard the country against threats of this kind. 'This makes the United Kingdom a promising market for homeland security solutions, with the highest growth expected to take place in the mass transport domain,' says the analyst of this research service. 'The highest overall spending is likely to be in the First Responders C3I vertical, particularly in the years 2007 to 2009 due to a handful of high-profile projects that are nearing completion.'
Mass transport systems have been identified as a particularly vulnerable target following recent terrorist attacks. Security enhancements for these systems are mainly focused on increasing surveillance capabilities, but ongoing trials on the implementation of new technologies clearly indicate the intention of the authorities to expand security measures even further. Currently, the emphasis is on CCTV cameras, but systems that include intelligent' processing functionality and remote monitoring capabilities are also expected to drive the market during the forecast period. Investment in the mass transport domain is taking place based on the degree of perceived threat to individual modes of transport. Accordingly, 11.0 per cent of the overall spending is expected to be allocated towards securing the London underground network alone. This is likely to be a major driver of market growth.
Relative Maturity of Market and High Costs Challenge Participants
While the UK homeland security market is definitely an attractive and potentially lucrative one, participating companies need to keep in mind that it is also relatively mature. Continuous threats to security over the past two decades have led the UK Government to implement stringent security measures in known threat domains such as airports, making further penetration into these areas difficult. The country also has perhaps the largest number of CCTV networks in place. On the one hand, this reflects its long-standing commitment to national and civil security, but on the other implies fewer opportunities for further market expansion.
The level of funding required to implement state-of-the-art security technologies and systems is another major challenge to market growth. High costs have led many security authorities to redirect their budgets towards more manpower-intensive solutions or towards relatively commoditised, and hence, cost-effective systems, even if their capabilities are not highly sophisticated. The policy of the UK Government as well as private sector stakeholders has been to procure the best available technology at the lowest cost regardless of the country of origin. 'This, however, does not imply that companies with no foothold in the market can enter at will and outperform the competition,' notes the analyst. 'The United Kingdom does have its National Champions' - more so in certain market verticals than others - and those companies are likely to be favoured for contracts if they can also demonstrate that their solutions are in line with current and future requirements.'
Contents:
1. UK Homeland Security Market
2. Executive Summary
3. Country Analysis
4. Market Engineering Research Methodology
5. Airport Security
6. Mass Transport Security
7. Border Security
8. Critical Infrastructure Protection
9. Large Event Security
10. Seaport Security
11. First Responders C3I
12. Maritime Security
13. Government Stakeholder Mapping & Analysis
14. Strategic Opportunities Overview
15. Competitive Analysis
16. Conclusions & Recommendations
For more information visit http://www.researchandmarkets.com/reports/c63638
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