With a forecast 2007-2011 CAGR of 19.5%, the U.S. Border & Perimeter protection market is expected to be one of the fastest growing market segments in Homeland Security. According to Homeland Security Research Corp. (HSRC)’s landmark research, 2007-2011 U.S. Homeland Security (Government & Private Sectors) Market Outlook, this market is expected to accumulate to $13.9B between 2007 and 2011. The market demand is composed of both Government and Private sectors, with the majority of the growth coming from the Federal Government.
Some of the major programs in this market that will support this growth include: Border Security SBInet, Automated Commercial Environment (ACE), Free and Secure Trade (FAST) Commercial Driver, CBP – America’s Shield Initiative (ASI).
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