Need for Enhanced Homeland Security to Promote Uptake of Security Technologiestitle
LONDON, January 10 /PRNewswire/ -- Recent terrorist attacks across Europe
have underlined the urgent need for the European Union (EU) to enhance its
security capabilities, particularly at its borders. This is driving the
implementation of security technologies at major entry/exit points with
demand for biometric identification/authentication systems, radio frequency
identification (RFID) and explosive detection systems projected to surge over
the next decade.
"Technologies that can increase security capabilities and supply chain
efficiency as well as reduce costs at the same time are poised to experience
significant demand growth over the next ten years," notes Frost & Sullivan
(http://defense.frost.com) Research Analyst Friso Buker.
For instance, biometrics will be more widely deployed at airports for
passenger processing and electronic access control, as the technology
provides an opportunity to reduce labour costs while at the same time
maintaining, or even potentially increasing, security capabilities.
By 2014, the European homeland security technologies market (comprising
biometrics, screening, RFID, unmanned aerial vehicles (UAV) and closed
circuit television (CCTV) technologies) is set to amass nearly EUR874.0
million.
Airports are expected to display significant demand for
identification/authentication and screening technologies from 2005-2014.
Seaports will exhibit notable uptake of screening technologies and
particularly, tracking technologies. Borders will generate the lowest level
of demand for screening technologies in the first half of 2005-2014. However,
the overall border demand will increase in the second half of this period,
spurred on by the growing importance of UAVs.
The need to improve air travel security and facilitate economical and
effective air passenger processing will promote the uptake of security
technologies, especially biometrics. The passage of key legislation along
with standardisation efforts by industry associations are expected to provide
further impetus to the biometrics market. Most EU national governments have
already begun biometric procurement programmes, with companies receiving
several sizeable contracts for biometric technologies.
Government receptivity is playing a central role in the more widespread
implementation of biometric systems. At the same time, the establishment of
standards and safeguards is supporting public awareness and acceptance of
biometric technologies. Even as the biometric industry undergoes significant
changes over the next ten years, manufacturers of RFID will benefit from
their expanded use at European seaports.
For companies keen to leverage emergent growth opportunities in the
European homeland security market, a prospective pitfall that must be avoided
is to use the US homeland security experience as a template for entering the
European market. The EU market is unique, in terms of both overall security
requirements and security funding.
"The level of funding, the number of stakeholders, the identification of
decision-makers and the selection of strategic partnerships: all these, and
more, are necessary to prevent failure in this expanding market," explains
Mr. Buker. "Without a true understanding of the hurdles that they need to
overcome, market participants will struggle to achieve competitive success."
As the market expands, small industry participants are likely to be taken
over by different types of industry participants that, in turn, are likely to
be acquired by other companies that may not have existing expertise in the
homeland security market, but are looking to gain a foothold in this
lucrative industry.
Strategic partnerships and alliances with regional leaders will advance
the prospects of potential market participants. Moreover, an in-depth
understanding of the regional market along with its particular business
idiosyncrasies will advance revenues in the long term.
If you are interested in a virtual brochure, which provides
manufacturers, end-users, and other industry participants an overview of the
latest analysis of the European Homeland Security - A Market opportunity
analysis (B447), then send an e-mail to Srividhya Parthasarathy, Corporate
Communications, at sparthasarathy@frost.com with the following information:
your full name, company name, title, telephone number, fax number and e-mail
address. Upon receipt of the above information, an overview will be sent to
you via e-mail.
Background
Frost & Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more
than 40 years. The companys industry expertise integrates growth consulting,
growth partnership services and corporate management training to identify and
develop opportunities. Frost & Sullivan serves an extensive clientele that
includes Global 1000 companies, emerging companies, and the investment
community, by providing comprehensive industry coverage that reflects a
unique global perspective and combines ongoing analysis of markets,
technologies, econometrics, and demographics.
Media Contacts:
Europe:
Srividhya Parthasarathy
Corporate Communications
P: +91-(044)-52044668
E: sparthasarathy@frost.com
Americas:
Tolu Babalola
Corporate Communications
P: +1-210-477-8427
F: +1-210-348-1003
E: tolu.babalola@frost.com
India:
Samantha Unnikrishnan
Corporate Communications
P: +91-44-42044667
E: sunnikrishnan@frost.com
Asia Pacific
Donna Jeremiah
Corporate Communications
P: +603-6204-5832
E: djeremiah@frost.com
Australia:
Sharmin Jassal
Corporate Communications
P: +61-2-8247-8900
F: +61-2-9252-8066
E: sharmin.jassal@frost.com
List of keywords in this press release: security technologies, homeland
security, biometric identification, authentication systems, radio frequency
identification, RFID, explosive detection systems, Europe, biometrics,
electronic access control, screening technologies, unmanned aerial vehicles,
UAV, closed circuit television, CCTV
List of Key Industry Participants: Smiths Detection, General Electric,
L-3 Communications, Savi Technology, Bombjammer, Reveal Imaging Technologies
Inc., Rapiscan, Sagem Morpho, Daon, SAIC, Boeing, EADS, BAE Systems, Logica,
Lockheed Martin, Northrop Grumman, DFI International, Delphi, Barco, Thales,
ioImage, Enav, Siemens, Phillips, OKI
