Articles

Mass Transit Security Market Share, Size, Trends, Forecast and COVID-19 Impact Analysis 2025

by Zayn Mathew Market Research Reports
According to the latest report by IMARC Group titled, “Mass Transit Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is expected to grow at a CAGR of around 10% during 2020-2025.

Mass transit, also known as mass transportation, refers to the movement of a large group of people using public transportation facilities. To ensure the day-to-day safety and security of transit riders and their goods, various security measures are enforced at entry and exit locations, such as bus stops, railway stations, airports and marine ports. Moreover, technologies, such as ticket vending machines (TVMs) and closed-circuit televisions (CCTVs), are also employed to enhance security and provide a protected public transportation environment.

Transportation systems are vulnerable to security threats as a large number of passengers board public transport every day. This, in turn, is escalating the sales of mass transit security systems to ensure the safety of these passengers. In addition to this, owing to increasing terrorist activities on a global scale, governments of several countries are undertaking various measures to strengthen the security at transit locations. Such concerns have further led to technological advancements, such as e-passports that are embedded with smart chips to generate a unique code for the identification of the user. This is expected to strengthen the market growth in the coming years.


Insights on Market Segmentation:

Market Breakup by Transit Type:

1. Airways

2. Waterways

3. Railways

4. Roadways
 
Market Breakup by Solution Type:

1. Surveillance System

2. Screening System

3. Biometric Security and Authentication System

4. C2/C4ISR System

5. Critical Communication System

6. Others

View Report TOC, Figures and Tables: https://www.imarcgroup.com/mass-transit-security-market

Market Breakup by Service Type:

1. Managed Services

2. Professional Services

Market Breakup by Application:

1. Household

2. Industrial

3. Retail and Payment Industries

4. Logistics and Transportation Industries

5. Healthcare

6. Others
 
Market Breakup by Region:

1. North America

2. Asia Pacific

3. South Korea

4. United Kingdom

5. Latin America

6. Middle East and Africa
 
Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Axis Communications AB, Bosch Security Systems, Inc., Cisco Systems, Inc., Fortem Technologies, Inc., Genetec Inc., Hikvision Digital Technology, IndigoVision Group PLC, NICE Systems Ltd., Panasonic Corporation, etc.

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.

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About Zayn Mathew Advanced   Market Research Reports

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Created on May 20th 2020 08:54. Viewed 274 times.

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