Airports and Borders Account for Bulk of the Market Revenue in the Asia Pacific Homeland...

Tue Feb 19, 2008 9:13pm EST
 
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Airports and Borders Account for Bulk of the Market Revenue in the Asia Pacific Homeland Security Market

SINGAPORE--(Business Wire)--
As the economic development of Asia Pacific is the fastest in the
world, there is considerable demand for homeland security measures at
major airports and land border checkpoints in the region. The
governments are spending the most for the security of these two areas
by implementing advanced surveillance, screening, and access control
systems.

   New analysis from Frost & Sullivan
(http://www.aerospace&defense.frost.com), Asia Pacific Homeland
Security Markets Assessment, finds that the markets earned revenues of
$20.5 billion in 2007 and estimates this to reach $36.2 billion in
2014.

   In Asia Pacific, most people are aware of the security threats to
their region and hence, are supportive of government initiatives to
beef up security to protect their homeland and increase trade.

   However, Asia Pacific's rate of technology adoption is
substantially lower than that of Europe and North America because of
its lack of awareness about the new security inventions, especially in
IT-based security systems. Security companies could offer continuous
training, simulations, and awareness programs to educate governments
and operators.

   Another hindrance to the rapid adoption of homeland security
technologies is the frequent change of government administration in
certain countries. This can cause inconsistencies in long-term
infrastructure development, disrupting security plans due to the lack
of affirmation of the final implementation plan.

   Nevertheless, market participants can expect evolving homeland
security threats to sustain the demand for advanced security
equipment.

   "Terrorist threats can be domestic and foreign and these are
becoming more complex every year," says Frost & Sullivan Consulting
Analyst Syahril Shariff. "Technology and security systems will have to
become more advanced, as the security industry is fully dependent on
the ability of a product or system to detect, deter, and prevent
security threats."

   Homeland security companies that wish to operate in this region
should be prepared to deal with the challenges created by the
multiplicity of cultures, languages, and ethnicity. They have to stay
abreast of the political climates and identify all security threats in
each country to successfully collaborate with the governments.

   "Apart from socio-political factors, market participants will also
have to take stock of the technological maturity of the countries to
be able to provide effective security solutions," notes Shariff.

   In the Asia Pacific homeland security industry, there is very
little interconnectivity among systems in various security operational
areas. Therefore, it is imperative to integrate them to ensure
seamless information sharing for more informed decision making.

   If you are interested in a virtual brochure, which provides
manufacturers, end users, and other industry participants with an
overview of the assessment of Asia Pacific Homeland Security Markets,
then send an e-mail to Donna Jeremiah, Corporate Communications, at
djeremiah@frost.com, with your full name, company name, title,
telephone number, company e-mail address, company website, city, state
and country. Upon receipt of the above information, an overview will
be sent to you by e-mail.

   Asia Pacific Homeland Security Markets Assessment is part of the
Aerospace & Defense Growth Partnership Services Program, which also
includes research in the following markets:

   1. China Airport Screening Market Analysis (Published)

   2. India Airport Screening Market Analysis (Published)

   3. Asia Pacific Maritime Security Market Assessment (4 July 2008)

   4. Australian Border & Maritime Security Market Assessment (29 Aug
2008)

   5. Asia Pacific Critical Infrastructure Protection Market
Assessment (19 Dec 2008)

   All research services included in subscriptions provide detailed
market opportunities and industry trends that have been evaluated
following extensive interviews with market participants. Interviews
with the press are available.

   Frost & Sullivan, the Global Growth Consulting Company, partners
with clients to accelerate their growth. The company's Growth
Partnership Services, Growth Consulting, and Career Best Practices
empower clients to create a growth-focused culture that generates,
evaluates, and implements effective growth strategies. Frost &
Sullivan employs over 45 years of experience in partnering with Global
1000 companies, emerging businesses, and the investment community from
more than 30 offices in six continents. For more information about
Frost & Sullivan's Growth Partnerships, visit www.frost.com.

   Asia Pacific Homeland Security Markets Assessment

   P12B

Frost & Sullivan
Corporate Communications - North America & Europe
Sara Villarruel, 210-477-8448
Fax: 210.348.1003
Email: sara.villarruel@frost.com
or
Corporate Communications - Southeast Asia
Donna Jeremiah, +603 6304 5832
Fax: +603 6201 7402
Email: djeremiah@frost.com
or
Corporate Communications - South Asia
Ravinder Kaur, +91 44 42044760
Fax: +91 44 24314264
Email: ravinder.kaur@frost.com
or
Corporate Communications - Middle East
Shwetha Thomas, +91 22 4001 3429
Fax: +91 22 2832 4713
Email: sthomas@frost.com
or
Corporate Communications - Latin America
Jose Maria Jantus, + 54-11-4777- 9951
Fax: + 54-11-4777-0071
Email: jose.jantus@frost.com
or
Corporate Communications - China
Amelia Wong, +86 21 5407 5783 Ext 8669
MobilEmail: +86 13621724823
Email: amelia.wong@frost.com
or
Corporate Communications - Australia & New Zealand
Sharmin Jassal, +61 2 8247 8900
Fax: +61 2 9252 8066
Email: sharmin.jassal@frost.com
or
Corporate Communications - Africa
Patrick Cairns, +27 83 258 4219
Email: patrick.cairns@frost.com
www.frost.com

Copyright Business Wire 2008

 

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