Semiconductors & Electronics Industry Airport Security Market Trends, 2016 to 2024
Hexa Research
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Airport Security Market Share, Size, Analysis, Growth, Trends and
Forecasts, 2016 To 2024 | Hexa Research
The worldwide airport security market was valued over USD 8.4 billion in 2014. It is
expected to be around USD 13.4 billion by 2024 (2016 to 2024 - forecast period). Increase
in air travel should drive the need for well-organized security systems. These systems
comprise software for better monitoring, detection, & risk prevention. Terrorism and
crimes have encouraged worldwide governments to make airport security stricter and keep
the same a higher priority.
Diverse & innovative solutions and technological advances have driven the airport security
market. Augmented demand for more effective screening to decrease ‘passenger’ hassles
& enhance safety is also anticipated to propel market growth in the near future. New
infrastructural developments & airport constructions provide growth prospects to the
market.
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