Increasing Demand for Maritime Security Market to Push Global Market Revenue Growth During 2020 – Ho

Security is one of the major concerns for the national and state governments globally. Maritime security is one of the majorly used security system involved in the prevention from intentional damage through sabotage, subversion or terrorism. Maritime security system is essential for the protection of nations security. Recently, is has become much important for every country to defend against increasing maritime threats such as terrorist threats, environmental destruction, illegal seaborne immigration and transnational criminal and piracy threats. Crime against ship is one of the biggest concerns for the maritime security professional operating the system.

Global maritime security market can be bifurcated into port and critical infrastructure security, vessel security, and coastal surveillance. Some of the technologies used in the maritime security are surveillance and tracking, weather monitoring, access control, screening and scanning, geographic information system (GIS) and supervisory control and data acquisition (SCADA). Surveillance and tracking technology (underwater surveillance, video surveillance, automatic identification system (AIS)) has the largest market share for maritime security system.

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In 2013, North America has the largest market share for maritime security system, followed by Europe and Asia-Pacific. However, Asia Pacific region is expected to become the largest market for ....

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