1 6 · d e t e k t o r i n t e r n a t i o n a l
security
technology market
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Security technology to spur growth of IoT markets
Dallas, Tx (USA)
The acute challenges for Internet
of Things (IoT) and Machine
to Machine (M2M) lie ahead in
terms of meeting the political
issue, no demand of 2G products,
sense of security for all the infor-
mation available and accessible
over internet, having customisa-
tion of the technology, deploy-
ment of old to new technology.
This is according to a new
report entitled "Internet of Things
(IoT) and Machine-to-Machine
(M2M) Worldwide Market Fore-
casts and Analysis (2014-2019),"
which finds that this market is
expected to reach $498.92 billion
by 2019 at a CGAR of 24.42% for
2014 to 2019.
In order to meet all these chal-
lenges, Marketstomarkets finds
that the IoT and M2M industry
needs to develop new technolo-
gies with more security and the
allowance of government policy to
assigning the queries at one point
of contact, by making the working
smarter by integrating internet
with machine and thus, helping to
generate the revenues and profit-
ability.
The report defines and seg-
ments the IoT and M2M market
into various sub segments of
technology and platform, M2M
connection and modules, IoT
components, applications and
regions with in-depth analysis and
forecasting of revenues. It also
identifies drivers and restraints
of this market with insights on
trends, opportunities, and chal-
lenges.
Marketsandmarkets have
analysed global adoption trends,
future growth potential, competi-
tive outlook, market ecosystem,
and the value chain of this mar-
ket. The report analyses market
sizes and revenue forecasts across
different regions such as North
America (NA), Europe (EU),
Latin America (LA), Asia Pacific
(APAC), and Middle East and
Africa (MEA).
The IoT and M2M commu-
nication market is expected to
grow from $128.7 billion in 2014
to $498.92 billion in 2019, at an
estimated CAGR of 24.42% from
2014 to 2019. The companies
such as Alcatel-Lucent (France),
AT&T (U.S.), IBM (U.S.),
Google (U.S.), CISCO (U.S.),
Qualcomm (U.S.), Intel (U.S.),
NXP Semiconductors (Neth-
erlands), Huawei (China), and
Gemalto NV (Netherlands) are
the key market players.
RFID market to grow by 17% to $9.2B in 2014
Cambridge, UK
New research conducted by
Idtechex finds that the RFID
market including tags, readers,
software and services, for passive
and active RFID will grow
from $7.88 billion in 2013
to $9.2 billion in 2014. Most
growth is due to active RFID/
RTLS systems, interrogators,
and then tags, in terms of total
money spent.
Passive UHF tags see rapid
growth, from a total of just over
3 billion tags in 2013 to 3.9 bil-
lion tags in 2014. Idtechex find
that 2.48 billion passive HF tags
will be sold in 2014, although
at a much higher average sales
price than passive UHF tags,
so the money spent on HF tags
will be almost ten times more.
The highest volume sector for
passive UHF systems is retail
apparel, which still has some
way to go with RFID penetrat-
ing only about 7% of the total
addressable market for apparel
in 2014.
After extensive interviews
with suppliers, Idtechex find
that there are now emerging or
established leaders in most posi-
tions of the value chain across
the different technologies yet
still very few companies have
sales of more than $100 million.
The research also shows that
the RFID market will reach
$30.2 billion in 2024. This
research was conducted for
the report RFID Forecasts,
Players and Opportunities
2014-2024 which provides
the key data and analysis in all
the main applications, and ac-
cording to Idtechex, giving an
unprecedented level of insight
into the total RFID industry
and what is really happening.
With over 90 tables, the report
provides granular insight into
the sector.
Saudi Arabia becomes worlds biggest spender on Homeland Security
Washington, DC (USA)
During 2014-2018, Saudi Arabia
plans to procure as much as $70B
of Homeland Security (HLS) &
Public Safety related products and
services making them the highest
per capita HLS & Public Safety
spenders in the world. This is
according to research analyst firm
Homeland Security Research Corp
(HSRC), based in Washington
DC, USA.
The turmoil in the Arab world
and the Iranian driven Sunni-
Shi'ah divide in the Muslim world
are forcing the Saudi Arabian
royal family into critical decision
junctures. The Saudis hiked their
2011 Homeland Security & Pub-
lic Safety procurement budget by
46% and never looked back since.
According to the market
analysts, the Saudi Homeland
Security & Public Safety market
is a unique case, since the global
financial crisis does not impact
the economy of Saudi Arabia. The
regime has at its disposal nearly
$500B of petrodollars and will
spend "whatever it takes" to secure
the country's stability and defeat
any internal or external regime
threats. The growing need coupled
with nearly unlimited resources
creates a highly profitable business
environment for state-of-the-art
technology and service providers.
HSRC's recent Saudi Arabia
Homeland Security & Public
Safety Market 2014-2018
report presents in 230 pages and
114 tables and figures: market
opportunities and entry strategies,
analyses, market data starting from
2011, and forecasts up to 2018
of the Saudi Homeland Security
& Public Safety markets, as well
as profit from in-depth market
information, analysis and market
forecast of 10 vertical markets,
Aviation Security, Border Security,
CBRN Security & Hazmat Safety,
Counter Terror & Crime Intel-
ligence, Critical Infrastructure
Security, Law Enforcement, Police
Modernisation & 1st Responders,
Maritime Security, Private Sector
Security, Safe Cities and Diplo-
matic (Facilities & Personal) Secu-
rity. Plus 8 technology submarkets
such as, Biometric Identification,
C-3I Systems, CCTV Surveillance
Devices and Systems, Communi-
cation Equipment & Systems, Cy-
bersecurity Systems, Non-Lethal
Weapons, Perimeter Security &
Intrusion Detection Systems and
Riot Control Equipment.
$498.92
billion
2019
$128.7
billion
2014
The IoT and M2M communication
market is expected to grow from $128.7
billion in 2014 to $498.92 billion in
2019, at an estimated CAGR of 24.42%
from 2014 to 2019.