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Increasing Global trade coupled with port modernization through digital technologies driving investments in security technology
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This research paper will assess the global port security market by identifying the market trends, drivers and restraints, key technologies, and the main developments by region. The sections will examine and elaborate on the regional trends, noting key projects and investments in order to identify areas with considerable growth and potential opportunities for security providers. The focus of the report is on the land-side security of a port.
Persisting threats concerning the illegal movement of individuals, weapons, drugs, or other illicit materials have driven ongoing efforts to enhance security technology deployments. These issues are often higher on the risk register than terrorism-related threats, as they are more common and cause greater loss and damage to port operations than less frequent terrorist attacks. Increasing investment in the efficiency of ports continues. With the introduction of more automated processes, there has been an impact on security. As port operators start to automate much of their operations, there will be greater reliance on digital systems and connectivity. Whilst this has a number of benefits, it also raises serious security issues that must be addressed.
This is a visionary study investigating the big-picture perspectives of biometrics technology and how the technology is set to evolve and influence the security market and grow. Technology companies looking to feed into the digital transformation Mega-Trend across industries will also benefit from this study, as they will get to understand their potential role, enabling them to make key business decisions. The research is aimed at identifying growth opportunities in the Maritime Port Security Market and determining how the market is expected to grow.
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Frost & Sullivan provides diverse research services focused on existing and evolving markets across the aerospace, defense, and security markets, covering them at global and regional levels. We provide specialist studies focused on the specific product or market segments, which provide deep-dive opportunities for strategists and investors who wish to learn about the future state of any ADS market or product in terms of opportunities and future disruptions.
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