US Customs and Border Protection (CBP) Fiscal Year 2023 Budget Assessment

US Customs and Border Protection (CBP) Fiscal Year 2023 Budget Assessment

Increased Funding to Leverage Advanced Technology

RELEASE DATE
23-Dec-2022
REGION
North America
Deliverable Type
Market Research
Research Code: K819-01-00-00-00
SKU: AE01671-NA-MT_27336
AvailableYesPDF Download
$2,450.00
In stock
SKU
AE01671-NA-MT_27336
$2,450.00
DownloadLink
ENQUIRE NOW

Description

Due to the gradual lifting of global COVID lockdowns and protocols, global travel and trade flows have resumed to near pre-pandemic levels. Economic and political crises worldwide, especially in Central America, have also caused a spike in immigration to the United States. These situations present challenges to border security authorities.

In this study, Frost & Sullivan assesses the fiscal year 2023 budget for Customs and Border Protection (CBP), a law enforcement agency under the Department of Homeland Security (DHS). The CBP aims to counter terrorism and transnational crime, secure the US border, and facilitate lawful trade and travel. The study outlines the agency’s most relevant programs and contracts. In addition, it identifies current trends and challenges, as well as some growth opportunities in the near and long term.

A growth driver for CBP-related work is its push toward achieving data interoperability and network modernization, leading to multiple contracts with startups. However, failing to achieve hiring goals can halt growth.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the CBP Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Research

Context—Border Security in the United States

Trends and Challenges

Growth Drivers

Growth Restraints

Budget Overview

Funding Request Breakdown

Funding Request Breakdown (continued)

Top Programs/Projects

Top Programs/Projects (continued)

Contracts by Office

Contracts by Purpose

Spending Analysis

Spending Analysis (continued)

Top 10 Contractors

Top 10 Contractors (continued)

Companies to Watch

Companies to Watch (continued)

Companies to Watch (continued)

CBP’s Commitment to UN Sustainable Development Goals (SDGs)

Conclusions and Future Outlook

Growth Opportunity 1: Blockchain Technology for Trade

Growth Opportunity 1: Blockchain Technology for Trade (continued)

Growth Opportunity 2: Regional Traveler Information Cloud Platform

Growth Opportunity 2: Regional Traveler Information Cloud Platform (continued)

Growth Opportunity 3: Research and Development

Growth Opportunity 3: Research and Development (continued)

List of Exhibits

Legal Disclaimer

Due to the gradual lifting of global COVID lockdowns and protocols, global travel and trade flows have resumed to near pre-pandemic levels. Economic and political crises worldwide, especially in Central America, have also caused a spike in immigration to the United States. These situations present challenges to border security authorities. In this study, Frost & Sullivan assesses the fiscal year 2023 budget for Customs and Border Protection (CBP), a law enforcement agency under the Department of Homeland Security (DHS). The CBP aims to counter terrorism and transnational crime, secure the US border, and facilitate lawful trade and travel. The study outlines the agency’s most relevant programs and contracts. In addition, it identifies current trends and challenges, as well as some growth opportunities in the near and long term. A growth driver for CBP-related work is its push toward achieving data interoperability and network modernization, leading to multiple contracts with startups. However, failing to achieve hiring goals can halt growth.
More Information
Deliverable Type Market Research
Author Sol Ipuche
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 us customs border protection
Keyword 2 customs and immigration us
Keyword 3 homeland security and border patrol
Podcast No
WIP Number K819-01-00-00-00