Growing requirement for modern surveillance technologies, especially in government and defense sectors, is a key factor driving revenue growth of the global market
Vancouver, BC -- (SBWIRE) -- 04/13/2021 -- The global technical surveillance countermeasures market size is expected to reach USD 225.9 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Market revenue growth is driven significantly by rising demand for modern surveillance technologies, growing adoption of espionage device detecting systems in various sectors such as commercial, government, aerospace, defense, and others, and continuous investments by governments and private investors for technological research initiatives.
The latest market report offers an in-depth analysis of quantitative and qualitative factors affecting the industry growth. Such elements of the report, along with the growth forecast over the foreseeable future, enable the reader to obtain meaningful insights into the global market.
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Some Key Findings from the Report:
In August 2020, HEICO acquired two surveillance countermeasures companies, Intelligent Devices, Inc. and Transformational Security, LLC. This acquisition helped HEICO to develop new technologies and expanded product offerings for its customers.
Services segment is expected to register a 5.2% CAGR through the forecast period. This can be attributed to rising demand for professional and managed services for troubleshooting software problems and to perform regular maintenance.
Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period, which can be attributed to rapid technological developments in security infrastructure and growing adoption of espionage device detecting systems.
Key players operating in the market are Pinkerton Consulting & Investigations, Inc., ComSec, LLC., Allied Universal, MSA Investigations, Kroll, Exec Security, MIAS TSCM, Global TSCM Group Inc., QCC, and Esoteric Ltd.
Technical Surveillance Countermeasures Market Segmentation:
For the purpose of this report, Emergen Research has segmented the global technical surveillance countermeasures market based on type, product, end-use, and regions as follows:
Type Outlook (Revenue: USD Million; 2018–2028)
Service
Installation & Consultation
Maintenance & Support
Managed Services
Hardware
Software
Product Outlook (Revenue: USD Million; 2018–2028)
Electronic Eavesdropping Detection
Anti-Surveillance Services
Communication & Technical Security
Wiretap
Covert Camera Detection
End-use Outlook (Revenue: USD Million; 2018–2028)
Industrial
Government
Aerospace and Defense
Corporate
Healthcare
Personal
Others
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Additional information offered by the report:
A complete overview of the global Technical Surveillance Countermeasures market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Technical Surveillance Countermeasures market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. Global Technical Surveillance Countermeasures Market Segmentation & Impact Analysis
4.1. Global Technical Surveillance Countermeasures Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for modern surveillance technologies.
4.2.2.2. Increasing investment in surveillance technology development.
4.2.3. Market restraints analysis
4.2.3.1. Rising cost of electronic goods.
4.2.3.2. Change in government regulations.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Global Technical Surveillance Countermeasures Market Type Insights & Trends, Revenue (USD Million)
5.1. Type Dynamics & Market Share, 2018 & 2028
5.1.1. Service
5.1.2. Hardware
5.1.3. Software
CONTINUED..!!
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