Mar 15, 2018   SOURCE: PR NewsWire

Big Data & Data Analytics Market in National Security and Law Enforcement Will Grow at a 2015-2022 CAGR of 17.5%

Big Data & Data Analytics Market in National Security and Law Enforcement Will Grow at a 2015-2022 CAGR of 17.5%

WASHINGTON, March 15, 2018 /PRNewswire-USNewswire/ -- According to a recent report by Homeland Security Research Corp. (HSRC), security and public safety organizations are spending large sums of money on big data infrastructure and software, in order to deal with growing global security threats. The rising use of smartphones, computers, and other personal devices is creating huge amounts of data, making it possible to track and analyze potential threats.

The research, Big Data and Data Analytics in National Security and Law Enforcement: Global Market 2017-2022, forecasts that this market will grow at a CAGR of 17.5% during 2015-2022.

The big data trend is leading to new opportunities for intelligence processing, exploitation, dissemination, and analysis. Big data collection improves the investigative capabilities of security and intelligence organizations when dealing with issues of war on crime & terror, cyber defense and public safety.

HSRC forecasts that the big data market will witness rapid growth in APAC and Europe, with an expected CAGR of over 20% for both regions, particularly in China and Western Europe.

The global big data and data analytics in National Security and Law Enforcement market is forecast to go through a growth period during 2017-2022, driven by the following:

    --  The increased use of smartphones, wearables and other smart connected
        devices (cars, machines, IoT, etc.), which will continue to create
        enormous amounts of information that Homeland Security and Public Safety
        organizations can use to their advantage
    --  Technological advancements in data collection, storage, analytics and
        visualization, which will allow organizations to increase the amount of
        data they generate, as well as to produce more actionable intelligence
        to support real-time decision making
    --  Increased investment in data analysis and visualization capabilities by
        Homeland Security and Public Safety organizations, which act as a major
        catalyst for the implementation of big data and data analytics solutions
    --  The adoption of cloud technology by governmental agencies, which will
        also act as a stimulus towards analytics implementation. Given that most
        organizations do not have the in-house infrastructure to support big
        data analytics, several of them must turn to cloud solutions, which will
        make the use of data analytics easier
    --  The cost of data storage, which continues to decrease and encourage a
        move to the cloud.
    --  The growing generation of data-aware and data professionals
    --  The rise of state-of-the-art attack technologies (e.g., cyber-warfare,
        encrypted communication cyber-crime, chemical warfare agents and GPS
        jammers) as well as other advanced techniques employed by terror
        organizations (such as ISIS and state-sponsored terror groups) and other
        21st century criminals, which make it harder for Homeland Security and
        Public Safety organizations to track them down. Big data and data
        analytics is one of the preferred ways to deal with this new reality
    --  Direct threats to country-level national security and public safety are
        on the rise and have evolved from large-scale nation-to-nation conflicts
        to more pinpointed and contained ones. These threats, such as terrorism,
        natural disasters, organized crime, proliferation of weapons of mass
        destruction and cybercrime, have changed the way nations are dealing
        with national security issues
    --  The new security threats and risks to national safety will force
        Homeland Security and Public Safety organizations to adopt technologies
        that are better equipped to deal with advanced operations. These systems
        generate massive amounts of data and may increase the market for big
        data and data analytics in Homeland Security and Public Safety.

The big data and data analytics in National Security, Homeland Security, Law Enforcement and Public Safety Market report presents in 450 pages, 85 tables and 205 figures, analysis of 19 national, 9 vertical, 9 technological markets and 9 distinctive data sources. The report presents for each submarket 2015 data, 2016 estimate and projects the 2017-2022 market forecast and technologies. The big data report breaks down industry spending by verticals, as follows:

    --  Government Intelligence Agencies Big Data
    --  LEA & 1(st) responders Big Data
    --  Defense/Military Intelligence Big Data
    --  Financial Services & Fraud Detection Big Data
    --  Cyber Security Agencies Big Data
    --  Border & Customs Control Big Data
    --  Mass Transportation Security Big Data
    --  Intelligence Fusion Centers Big Data
    --  Critical Infrastructure Security Big Data

Furthermore, the report provides a breakdown by data sources, region, leading countries and technology.

Questions answered in this market report include:

    --  What will be the market size of the big data and data analytics in
        Homeland Security and Public Safety in 2017-2022? What will the relevant
        trends be during that time?
    --  Which submarkets in this field provide attractive business
        opportunities?
    --  Which countries are expected to invest most in big data and data
        analytics capabilities within Homeland Security and Public Safety
        organizations?
    --  What Which distinctive data sources will be used by Homeland Security
        and Public Safety agencies and which technologies will be needed in
        order to exploit them?
    --  Which market sectors are estimated to make greater use of big data and
        data analytics capabilities?
    --  What are the big data and data analytics in Homeland Security and Public
        Safety market drivers and inhibitors?

Explore more HSRC Reports at http://www.homelandsecurityresearch.com.

About Homeland Security Research Corp. (HSRC)

HSRC is an international market and technology research firm specializing in the Homeland Security & Public Safety industry. HSRC provides premium off-the-shelf and customized market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insight into business opportunities. HSRC's clients include the U.S. Congress, DHS, U.S. Army, U.S. Navy, DOD, DOT, GAO, NATO and EU, among others; as well as government agencies in Japan, Korea, Taiwan, Israel, Canada, UK, Germany, Australia, Sweden, Finland, Singapore. With over 750 private sector clients (72% repeat customers), including major defense and security contractors and Fortune 2000 companies, HSRC earned the reputation as the industry's Gold Standard for HLS & PS market reports.

Washington D.C. 20004, 601 Pennsylvania Ave., NW Suite 900,

Tel: 202-455-0966, info@hsrc.biz, www.homelandsecurityresearch.com

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SOURCE Homeland Security Research Corp. (HSRC)