Europe Homeland Security Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By End User (Public Security and Private Security) and Security Type (Border Security, Mass Transit Security, Cyber Security, Critical Infrastructure Security, Aviation Security, Maritime Security, and Others)


No. of Pages: 168    |    Report Code: BMIRE00027349    |    Category: Aerospace and Defense

Europe Homeland Security Market
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The homeland security market in Europe is expected to grow from US$ 54,901.44 million in 2022 to US$ 82,121.60 million by 2028. It is estimated to grow at a CAGR of 6.9% from 2022 to 2028. 

Rise in Severe Cyberattacks

Several nations have experienced a rise in cyber-attacks over the years. The adoption of digitalization across all industries and commercial sectors across the region has resulted in organizations adopting cloud storage solutions, which have led to the easy availability of important business documents on the internet. This has influenced the rise in cyber-attacks across the region. Some of the recent cyber-attacks that led to huge losses faced by organization are below:
• In May 2021, Ireland's Health Service Executive (HSE) department faced a ransomware cyber-attack for US$ 20 million. The attack led to the cancellation of all outpatient appointments and the mismanagement of patients across hospitals. The health sector had to temporarily shut down its IT systems to prevent further damage.
The rise in cyberattacks is putting various important documents of private and public enterprises at risk. The loss of such information to illegal hacking groups is imposing severe losses on the enterprises and impacting the nations' economies. Thus, the rise in cyber-attacks across the region is influencing both public and private sectors to invest in the integration of advanced cyber security solutions. These factors are thereby driving the Europe homeland security market.

Market Overview

France, Germany, Italy, the UK, Russia, and rest of Europe are the key contributors to the homeland security market in the Europe. Several European countries experienced a significant rise in security expenses for a country over the past century, which is propelling the adoption of modernized equipment, including advanced coastal surveillance systems, sensor systems, command and control systems, land vehicles, manned and unmanned systems, and surveillance systems. In addition, terrorist attacks on the US and attacks on European countries such as the UK and Spain prompted both sides of the Atlantic to reinvigorate their respective efforts to ensure homeland security and combat terrorism. However, the US and European approaches to these issues differ. The US has embarked on an extensive reorganization of its domestic security and border protection institutions. Moreover, European countries have preferred to work within their existing institutional architectures to combat terrorism and respond to other security challenges and disasters, both natural and man-made. For instance, in July 2021, the French Ministry of the Interior selected four companies to create the administration system for its digital identity scheme—Sopra Steria, Atos, and collaboration between Idemia and Idakto. Sopra Steria was awarded the contract to provide architecture, security, and user experience management services. Atos will oversee developing and maintaining the Digital Identity Management System and the applications that allow French citizens to identify themselves for public services through the France Connect site. The collaboration between Idemia and Idakto will provide software for reading information from electronic identification documents, which will serve as the foundation for digital identity. These include new electronic ID cards, residency permits, and passports. Moreover, in October 2021, Leonardo signed a framework agreement with the German Federal Office of Bundeswehr Equipment, Information Technology, and In-Service Support (BAAINBw) for the supply of up to 107,929 daylight optics for use on both current and new Bundeswehr assault rifles through its subsidiary Leonardo Germany GmbH. Further, in May 2022, the European Union awarded Leonardo a five-year contract to offer cyber-security services to the homeland security agency in charge of large-scale information-technology projects crucial to the bloc's internal security.

Europe Homeland Security Market Revenue and Forecast to 2028 (US$ Million)

Europe Homeland Security Market Revenue and Forecast to 2028 (US$ Million)
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Europe Homeland Security Strategic Insights

Strategic insights for the Europe Homeland Security provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Homeland Security Report Scope

Report Attribute Details
Market size in 2022 US$ 54,901.44 Million
Market Size by 2028 US$ 82,121.60 Million
Global CAGR (2022 - 2028) 6.9%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By End User
  • Public Security and Private Security
By Security Type
  • Border Security
  • Mass Transit Security
  • Cyber Security
  • Critical Infrastructure Security
  • Aviation Security
  • Maritime Security
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Elbit Systems Ltd.
  • IBM Corporation.
  • LOCKHEED MARTIN Corporation.
  • Leidos.
  • Thales Group.
  • Teledyne FLIR LLC.
  • NORTHROP GRUMMAN Corporation.
  • RAYTHEON TECHNOLOGIES Corporation.
  • TEXTRON Systems.
  • General Dynamic Information Technology.
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    Europe Homeland Security Regional Insights

    The geographic scope of the Europe Homeland Security refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Europe Homeland Security Market Segmentation 

    The Europe homeland security market is segmented into end user, security type, and country. 

    Based on end user, the market is bifurcated into public security and private security. The public security segment registered the larger market share in 2022.

    Based on security type, the market is segmented into border security, mass transit security, cyber security, critical infrastructure security, aviation security, maritime security, and others. The cyber security segment held the largest market share in 2022.

    Based on country, the market is segmented into France, Germany, Italy, UK, Russia, and rest of Europe. Russia dominated the market share in 2022. 

    Elbit Systems Ltd; IBM Corporation; Lockheed Martin Corporation; Leidos; Thales Group; Teledyne FLIR LLC; Northrop Grumman Corporation; Raytheon Technologies Corporation; Textron Systems; and General Dynamic Information Technology, Inc. are the leading companies operating in the homeland security market in the region.

    The List of Companies - Europe Homeland Security Market

    1. Elbit Systems Ltd.
    2. IBM Corporation.
    3. LOCKHEED MARTIN Corporation.
    4. Leidos.
    5. Thales Group.
    6. Teledyne FLIR LLC.
    7. NORTHROP GRUMMAN Corporation.
    8. RAYTHEON TECHNOLOGIES Corporation.
    9. TEXTRON Systems.
    10. General Dynamic Information Technology.
    Frequently Asked Questions
    How big is the Europe Homeland Security Market?

    The Europe Homeland Security Market is valued at US$ 54,901.44 Million in 2022, it is projected to reach US$ 82,121.60 Million by 2028.

    What is the CAGR for Europe Homeland Security Market by (2022 - 2028)?

    As per our report Europe Homeland Security Market, the market size is valued at US$ 54,901.44 Million in 2022, projecting it to reach US$ 82,121.60 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.

    What segments are covered in this report?

    The Europe Homeland Security Market report typically cover these key segments-

    • End User (Public Security and Private Security)
    • Security Type (Border Security, Mass Transit Security, Cyber Security, Critical Infrastructure Security, Aviation Security, Maritime Security)

    What is the historic period, base year, and forecast period taken for Europe Homeland Security Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Homeland Security Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Europe Homeland Security Market?

    The Europe Homeland Security Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Elbit Systems Ltd.
  • IBM Corporation.
  • LOCKHEED MARTIN Corporation.
  • Leidos.
  • Thales Group.
  • Teledyne FLIR LLC.
  • NORTHROP GRUMMAN Corporation.
  • RAYTHEON TECHNOLOGIES Corporation.
  • TEXTRON Systems.
  • General Dynamic Information Technology.
  • Who should buy this report?

    The Europe Homeland Security Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Homeland Security Market value chain can benefit from the information contained in a comprehensive market report.

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