SAN JOSE, Calif., Feb. 4, 2003 (PRIMEZONE) -- Homeland Security Research Corporation (HSRC) announced the publication of five new Homeland Security Industry and Market Forecast Reports. The new reports cover the screening sectors in this fast-growing market, forecasted to grow from $4 billion in 2000 to $100 billion in 2003 and over $170 billion by 2006.
The new reports are designed to give decision makers in the investment, industry and homeland security community the overview and the detailed analysis they need when looking at the evolution of the industry and market over the next 7 years.
"There is one thing that all homeland security professionals and governments worldwide agree on -- current counter-terror screening outlay, technology and products will have to evolve radically," said Johnathan Tal, Homeland Security Research's President and Publisher. "What the solutions will be, how long it will take to deploy them, how much they will cost and how much they will save, is the great unknown that will determine both our security and the faith of the market. This is where our unique set of skills and expertise enable us to provide what everybody in the industry needs now -- insight, reasoning, forecasts, numbers and perspective."
- 2003-2010 - People Screening Industry/Market Report -- People screening is an industry in its infancy and growing rapidly. Outlay of $590 million in 2001 is forecasted to grow to $3.5 billion in 2006 and to $9.9 billion in 2010. - 2003-2010 - Baggage, Parcels and Mailroom Screening Industry/Market Report -- This industry will reinvent itself to accommodate forecasted growth in demand from 2 billion baggage screening transactions in 2001 to 7.3 billion in 2006 and 17.6 billion in 2010. - 2003-2010 - Luggage, Large Parcel Screening Industry/Market Report -- HSRC forecasts that this market will grow from $350 million by 2002 to $1.1 billion by 2006 and to $2.4 billion by 2010. - 2003-2010 - Cargo Screening Industry/Market Report -- HSRC forecasts an annual outlay growth from below $60 million/year in the 1993-2001 period (focused on drug trafficking) to over $750 million by 2006 and over $1.4 billion in 2010. - 2003-2010 - Container/Vehicle Screening Industry/Market Report -- HSRC forecasts that the market will catapult from $60 million (2001) market into a $600 million market by 2004.
About Homeland Security Research Corporation
Homeland Security Research Corporation (HSRC) is a San Jose, CA-based market research organization providing the airport, seaport, enterprise and government homeland security industry with premium market information, analysis and forecasts. HSRC is the only market research company dedicated solely to studying, analyzing and reporting about the homeland security industry and its products. The company's knowledge products include 2003-2010 industry reports, 2003 product comparison reports, customized research, a newsletter and consultation services.
Web: www.hsrc.biz
Inquiries: info@hsrc.biz
Tel: (408) 295-4000