By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

X-Ray Screening & Biometric Systems Cater to Nearly 50% of Security Screening Demand, Globally: FMI Study

 

More than half of the total demand for security screening is being accounted by the developed regional markets, as revealed a newly launched research report by Future Market Insights (FMI). East Asia, however, is cited as the most lucrative market for investors in security screening systems and solutions. The approximately US$ 7.8 billion market for security screening is highly likely to approach the revenues worth US$ 10 billion in the next two years.

Rapid growth in the economy, necessitating increasing expenditure on the national and infrastructural security, will continue to push deployment of reliable and advanced technology enabled security screening systems. While FMI’s analysis identifies an impressive rate of adoption within emerging economies, China, India, and Russia are more likely to be at the forefront of this growth, in the security screening market.

To Read Full Article Please Fill Some Details

Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

Related Articles