Air Transport Security Market Expected to Continue Growth
A market research report from Transparency Market Research has shown clear indication that the air transport security marketplace will continue to grow over the next five years at a rate of almost 11% CAGR.
According to the report, the growth will be largely due to the expansion of demand in the Asia Pacific region, but across the world, countries are clamping down on terrorism and ensuring passenger safety through both physical and cyber security improvements.
As investment is also increasing, the cost of upgrading air transport security systems is not expected to impact demand for enhanced surveillance, access control and biometric systems. Providers of physical security solutions for airports and facilities welcome the indicators for growth over the coming years.