Market Forecast has announced the release of their latest report titled “Global Critical Infrastructure Protection (CIP) - Market and Technology Forecast to 2027”. It encloses an in-depth research of the Critical Infrastructure Protection market and the competitive landscape globally. A first of its kind report highlights enormous potential of technologies like Face Recognition & Checkpoint CT Scanners. The report sheds light on 3 major technology sectors that is going to dominate the Critical Infrastructure Protection industry for the next decade.
The Global Critical Infrastructure Protection security industry is emerging as one of the most lucrative market globally. The Global Critical Infrastructure Protection industry, is valued at US$ 110 billion in 2019, is projected grow at a CAGR of 6.7%, to value US$ 185.4 billion by 2027.
Demand for Cyber Security Systems Systems, High Resolution Security Cameras is anticipated to be driven by the massive investment made by countries like US, China and the European Union in the development of next generation Critical Infrastructure Protection Technologies and the large-scale procurement of such systems by countries like Saudi Arabia, India, Qatar and China. The United States is the largest spender in the domain with China, European Union, Middle East anticipated accounting for the bulk of spending.
Key Topics Covered
Source: ASDReports - Market Research
Date: Jan 9, 2019