Select Language
According to the latest report by IMARC Group, titled "Mass Transit Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global mass transit security market exhibited strong growth during 2015-2020. Mass transit security refers to the numerous safety solutions deployed at the entry and exit points of multiple public transportation modes. These security systems are employed to detect, monitor, and scan public locations to ensure the safety of passengers and their belongings. Video surveillance and analytics are essential components of these safety solutions as they are programmed to send alerts to the transit security force upon witnessing violations of rules and regulations. Some of the other forms of security tools employed at transportation hubs include voice recognition, biometric access controls and automated 3D and X-ray scanners.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Mass Transit Security Market Trends:
The global market is primarily driven by the increasing incidences of criminal and terrorist attacks in public spaces. This has impelled governments and law enforcement agencies to deploy high-quality and efficient public safety solutions at places with high traffic. Consequently, advanced and innovative safety systems are being employed at mass transit locations, including airports, bus stops, railway stations and subways, to avoid security breaches. Furthermore, governments of several countries are heavily investing in the renovation and development of existing transportation systems to offer enhanced convenience to the passengers. This, along with the growing adoption of new public service vehicles, due to population explosion and inflating disposable incomes of the masses, is creating a positive outlook for the market. The market is further driven by the integration of these security systems with advanced technologies, such as cargo inspection, biometrics and the global positioning system (GPS). Systems equipped with the Internet of Things (IoT) are also gaining prominence among end users. Some of the other factors contributing to the market growth include the rising adoption of perimeter intrusion detection systems (PIDS) and the increasing demand for chip-embedded passports. On account of the aforementioned factors, the market is projected to grow at a CAGR of around 10% during the forecast period (2021-2026).
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com