The Global M2M in Homeland Security Market is estimated to grow at a moderate CAGR during the forecast period. Network connectivity is the ability of wired and wireless technologies to communicate is at the heart of Machine-to-Machine (M2M) communications. M2M communications have proliferated and user interfaces have become simpler as a result of the wireless revolution, particularly through apps that are available and accessible on a smart device.
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One of the key growth reasons for this sector has been identified as infrastructure robustness. Infrastructure systems such as electric power, potable water, and transportation networks are critical to the success of urban cities. Infrastructure is severely disrupted during disasters due to network features of infrastructure. Infrastructure is severely disrupted during disasters due to network features of infrastructure. To address these issues, new engineering designs, materials, and retrofitting procedures have been created to improve infrastructure elements’ ability to endure natural and man-made risks.
By incorporating M2M technology into security systems, preventative planning can be done, resulting in more flexibility and a reduction in emergency response time and costs. Furthermore, timely updates from networked devices can lead to effective risk prediction and the proper implementation of preventive measures to lower severity levels. An M2M platform is a pre-programmed unit that may be used to create M2M apps and services. The need for M2M homeland security applications has increased in response to the growing need for digital transformation in the global homeland security market.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Security
- Competitive Landscape: ENSCO, KORE Wireless Group, Northrop Grumman, ORBCOMM, Seagull Maritime Security among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global M2M in Homeland Security Market Segmentation,
By Security
- Border Security
- Aviation Security
- Maritime Security
- Counterintelligence Security
- CBRN Security
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