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News

Market assessment available for Asia Pacific security market.

Research And Markets : 10 March, 2008  (New Product)
Research report examines cultural trends and regional requirements for the Asia Pacific market for homeland security equipment particularly for airports and anti terrorism.
Research and Markets has announced the addition of 'Asia Pacific Homeland Security Markets Assessment' to their offering.

With the Asia Pacific region being a melting pot of cultures, languages, and ethnicity, security companies will have to come up with diverse means and methods to penetrate the homeland security market in the region. A specific situation could throw up different kinds of threats to different countries in the region due to the inherent diversities in their political conditions. Security companies will have to stay abreast of the political climates and identify all security threats in each country to successfully tap the huge potential in this region. Apart from the socio-political factors, market participants will also have to take stock of the technological maturity of the countries to be able to provide effective security solutions. In the Asia Pacific homeland security industry, there is very little interconnectivity among systems in various operational areas. Therefore, it is imperative to integrate them to ensure seamless information sharing for more informed decision making.

Security integrators and original equipment manufacturers (OEMs) have to make sure that the product will be able to communicate with other security components within multiple and different security platforms says the analyst of this research. The security systems have to be designed in a way that the operators are able to analyze available data in near real time or even real time. The current trend in surveillance monitoring is for cameras to perform content analysis and alert when a threat is identified. Security companies could also offer modular and upgradeable systems (both software and hardware) to help improve product uptake.

Since the economic development of the Asia Pacific is the fastest in the world, there is considerable demand for homeland security measures at major airports and land border checkpoints in the region. The governments are spending the most for the security of these two areas by implementing more advanced surveillance, screening, and access control systems. As most people in the Asia Pacific are well educated, they are aware of the security threats to their region and hence, are supportive of government initiatives to beef up security to protect their homeland and increase trade. However, Asia Pacific's rate of technology adoption is substantially lower than that of Europe and North America because of its lack of awareness about the new security inventions, especially in IT-based security systems. Security companies could offer continuous training, simulations, and awareness programs to educate governments and operators.

Another hindrance to the rapid adoption of security technologies is the frequent change of government administration in certain countries. This can cause inconsistencies in long-term infrastructure development, and therefore, disrupt security plans due to the lack of affirmation of the final implementation plan. Nevertheless, market participants can expect evolving homeland security threats to sustain the demand for advanced security equipment.

Terrorist threats can be domestic or foreign and these are becoming more complex every year notes the analyst. Technology and security systems will have to become more advanced, as the security industry is fully dependent on the ability of a product or system to detect, deter, and prevent security threats.

This Frost & Sullivan research service titled Asia Pacific Homeland Security Markets Assessment provides the current and future industry dynamics, revenue forecasts, and market penetration strategies. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: airport security and border security.

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