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Mass Transit Security Market Analysis

  • Report ID: GMI7652
  • Published Date: Dec 2023
  • Report Format: PDF

Mass Transit Security Market Analysis

Based on solution, the market is divided into surveillance and monitoring, screening system, biometric security and authentication system, fire safety & detection system, perimeter intrusion detection, access control, emergency communication, cybersecurity, and others. The surveillance and monitoring segment accounted for 20% of the market share in 2023.
 

  • The market for surveillance and monitoring solutions in mass transit security is expanding significantly as a result of growing security concerns and the need to guarantee passenger safety. Advanced surveillance systems with high-definition cameras, sensors, and analytics software are in high demand. These solutions improve threat detection and emergency response by enabling the real-time monitoring of transit environments.
     
  • Technological advancements, such as AI and video analytics, have elevated surveillance systems by enabling intelligent monitoring, behavior analysis, and anomaly detection, reducing false alarms and enhancing the overall security efficiency. Remote monitoring and data analysis have been made easier by the integration of cloud-based and IoT solutions, which has improved operational effectiveness and situational awareness for transit security staff. As transit agencies prioritize comprehensive security measures, the surveillance and monitoring segment will witness robust growth, driven by the evolving threats and the need for proactive security solutions.
     
Mass Transit Security Market Share, By Transportation, 2023

Based on transportation, the mass transit security market is segmented into airways, waterways, railways, and roadways. The airways segment is set to expand at 8.5% CAGR through 2032.
 

  • The growth of the aviation sector and the rise in air travel have made stricter safety standards necessary to protect travelers, planes, and airport infrastructure. Aviation safety measures have been strengthened owing to large investments made in cutting-edge security technologies such as biometrics, AI-based surveillance, and threat detection systems. The necessity for integrated security solutions across transportation modes has become possible by the interconnection of ground and air transportation systems.
     
  • The rise in worldwide threats including cybersecurity risks and terrorism is fueling the need for strong security measures in air travel. The aviation industry's ongoing innovations and application of state-of-the-art security technologies ensure a holistic approach to safety across transportation networks.
     
U.S. Mass Transit Security Market Size, 2021-2032, (USD Billion)

The North America mass transit security market held over 35% of the revenue share in 2023. The growing public safety concerns and strict laws are the driving large investments in cutting-edge security infrastructure. The region is inclined toward technological innovations and uptake, particularly in cybersecurity, IoT, and AI, which will further boost market expansion. Collaborations between public transit agencies and private security firms are becoming more common as there is an increased focus on improving passenger experiences and guaranteeing comprehensive security measures. The post-pandemic environment, which prioritizes health-centric security protocols and contactless solutions, is anticipated to drive the North America market expansion.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of mass transit security reached USD 40 billion in 2023 and is poised to grow at 8% CAGR from 2024 to 2032, due to the growing global concerns about terrorism and security threats.

The surveillance & monitoring segment held over 20% of the market share in 2023, owing to the growing security concerns and the need to guarantee passenger safety.

North America held over 35% of the market share in 2023, attributed to the growing public safety concerns and strict laws in the region.

Axis Communications, Bosch Security Systems, Cisco Systems, FLIR Systems, Genetec, Honeywell Security Group, and Hikvision Digital Technology are some of the major mass transit security companies worldwide.

Mass Transit Security Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 241
  • Countries covered: 22
  • Pages: 200
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