Market Share of Homeland Security and Emergency Management Industry
The market of homeland security and emergency management is highly fragmented, with many suppliers who provide various types of equipment to various agencies and end-users. Some of the prominent players in the market are Lockheed Martin Corporation, Elbit Systems Ltd., Northrop Grumman Corporation, Raytheon Technologies Corporation, and Thales Group. The brand value of the companies helps them receive contracts or orders from the governments or national security agencies, due to which the entry of new players into the market is difficult. Also, the development of new equipment and technology for better detection of hostile entities at borders, airports, maritime patrol, or cyber networks is anticipated help the companies gain new customers and expand their geographic presence. The integration of technologies like Big Data Analytics to provide security solutions, predictive analytics for security, crime prevention, and privacy protection, and Artificial Intelligence (AI) to prevent cyber attacks is expected to provide growth opportunities for the players in the years to come.
Homeland Security & Emergency Management Market Leaders
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Lockheed Martin Corporation
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Elbit Systems Ltd
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Northrop Grumman Corporation
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Thales Group
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Raytheon Technologies Corporation
*Disclaimer: Major Players sorted in no particular order
