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Security

[New] To enhance border security, the 2021 Budget will invest $89 million in R&D for air security technologies, to gain efficiencies in immigration service technology, and for ensuring the security of land and maritime borders.
[New] Global Public Safety and Security Market was valued at USD 307.8 Billion in 2018 and is projected to reach USD 767.6 Billion by 2026, growing at a CAGR of 14.3% from 2018 to 2026.
[New] The Healthcare Cyber Security Market is expected to reach a CAGR of 11.82% to reach USD 16,393.15 Million till 2025.
[New] Violence between Indian security forces and Kashmiri locals could intensify in the coming year if the government neglects to take definitive action to curb human rights violations by security forces.
[New] India is projected to spend US$ 84.5 billion cumulatively on homeland security (Police) over the forecast period.
[New] With national security concerns at an all time high heading into 2020, it appears that the implementation of Linux could effectively meet the United States governments critical security needs for application development and installations.
[New] The cognitive security market in IT & telecommunication is expected to reach $3.68 billion by 2023, growing at a CAGR of 30.36% during the forecast period.
[New] The managed security services market is expected to grow rapidly at a rate of over 14% and reach $47.65 billion by 2023.
The Electronic Security Market was valued at USD 40.93 billion in 2019 and is expected to reach USD 68.57 billion by 2025, at a CAGR of 8.98% over the forecast period 2020-2025.
By solution, web application security is leading the market with market value of USD 1.78 billion in 2017, whereas, mobile application security market is projected to grow with 26.87% CAGR during forecast period 2018-2023.
The Global Application Security Market is expected to exceed more than US$ 11 billion by 2024 and will grow at a CAGR of more than 24.5% in the given forecast period.
The Government will provide $16.1 million over five years from 2019-20 to support the development of Australia's critical minerals capabilities, and boost Australia's contribution to enhancing the stability and security of global critical minerals supply chains.
Worldwide spending on information security and risk management systems will reach $131 B in 2020, increasing to $174 B in 2022 approximately $50 B will be dedicated to protecting the endpoint.
One of Israel's leading national security think tanks warned there is a growing risk of large-scale war along Israel's northern borders in the coming year, in part due to Iran's increasing determination and daring.
There's little reason to think 2020 will be much different given US eff orts to hobble Chinese champions from Huawei Technologies Co to SenseTime Group Ltd deemed a threat to national security.
Degradation of forest landscapes can threaten the availability and longer-term security of valuable commodities on which the €200 billion global cosmetics market depends.
Worldwide spending on security-related hardware, software, and services is forecast to reach $133.7 billion in 2022 at a compound annual growth rate of 9.9%.
Amid growing geopolitical competition and new threats to the global rules-based order, much work remains for the Eastern Partnership to safeguard regional stability and security in the decade ahead.
Worldwide spending on information security products and services exceeded $114bn in 2018 and is projected to grow by 12-15% year over year through 2021.
The U.S.-provoked standoff with Iran in the past year threatened not only global energy security but also regional stability.
While the wider security industry is expected to see a shortage of nearly 2 million professionals by 2022, offensive security is bound to see the largest deficit.
The Industrial Cyber Security Solutions And Services market was valued at $17,907 million in 2018, and is projected to reach $26,012 million by 2025, growing at a CAGR of 10.7% from 2019 to 2025.
The efforts of European governments to prioritize the security of data management technologies and strategic infrastructure will spread dislike of Chinese investment in installing 5G technologies.

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Last updated: 18 February 2020