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Mass Transit Security Market 2017-2021 to grow at a CAGR of 9.04%

Tuesday, January 10, 2017 22:24
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(Before It's News)

Global Mass Transit Security Market 2017-2021

Mass transit security systems refer to the security systems used in mass transit locations to detect, monitor, and scan travelers and their belongings. Road, rail, air, and sea transportation systems are designed for easy accessibility and convenience of travelers. Due to the growing number of crime and terror attacks on mass transit systems, governments have taken qualitative measures to improve and enhance safety measures. Many people take public transport and their safety and security are of high importance. Attacks, such as 9/11 and the Mumbai terror attacks of 2008, have compelled governments to provide comprehensive solutions to protect infrastructure and safeguard people.

BMR’s analysts forecast the global mass transit security systems market to grow at a CAGR of 9.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mass transit security systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of surveillance and access control systems used at airports, railway stations, bus stations, and sea ports for infrastructure security and public safety for calculating the market size.

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The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Mass Transit Security Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Axis Communications
  • Bosch Security Systems
  • NICE Systems (Qognify)
  • Panasonic
  • Tyco

Other prominent vendors

  • AngelTrax
  • Cisco Systems
  • Fortem
  • Genetec
  • Hikvision Digital Technology

Market driver

  • High end technology adoption in railway safety.
  • For a full, detailed list, view our report

Market challenge

  • Loopholes in safety and security systems.
  • For a full, detailed list, view our report

Market trend

  • High adoption of e-passports.
  • For a full, detailed list, view our report

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