Smart Borders and Automated Security Screening Drive the Growth of the Security Screening Market
The security screening market is estimated to be worth USD 7.5 billion in 2021 and projected to reach USD 10.1 billion by 2026, at a CAGR of 6.3 %.
The field of security screening technologies is expected to have rapid expansion in the years to come. Artificial intelligence, biometric authentication, and other cutting-edge technologies are transforming the way security checks are carried out, improving their efficiency, accuracy, and security.
Biometric authentication technologies, such as facial recognition and fingerprint scanning, are becoming more prevalent in security screenings. These technologies provide a quick and efficient way to verify the identity of individuals, and they are less intrusive and more secure than traditional methods such as manual ID checks.
Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264685413
The study categorizes the security screening market based on technology, end use at the regional and global level.
By Technology
- X-Ray Screening
- Biometric
- Electromagnetic Metal Detection
- Spectrometry and Spectroscopy
- Others
By Application
- People Screening
- Baggage and Cargo Screening
- Vehicle Inspection
Artificial intelligence and machine learning are also being integrated into security screening technologies, allowing for faster and more accurate screenings. For example, AI-powered X-ray machines can detect potential security threats much faster and with higher accuracy than traditional X-ray machines.
In conclusion, the future of security screening technology is bright, and the market is expected to grow significantly in the coming years as demand for advanced solutions continues to increase. With the rise of new technologies, the security screening industry is poised to become more efficient, accurate, and secure than ever before.
The Security screening market is dominated by players such as Smiths Detection (UK), OSI Systems (US), Leidos (US), Thales (France), and NEC (Japan).
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments: