PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Mass Transport Operators Reinforce Security as Threats and Insurance Claims Grow Finds Frost & Sullivan - Ideal security solutions will have open architectures to offer convenience and value-added services - Defense.Frost.com
Mass Transport Operators Reinforce Security as Threats and Insurance Claims Grow Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2013/10/10 - Ideal security solutions will have open architectures to offer convenience and value-added services - Defense.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

After airports, it is the turn of the global mass transport market to beef up security, as governments begin to address the security risks posed by large-scale unprotected infrastructure. In addition to terrorism threats, rising instances of crime, antisocial behaviour, and insurance claims have turned operators’ attention to new technologies in video surveillance, perimeter security, and sensors. The need for stronger security is undisputed, but mass transit operators are often constrained by lean budgets, especially since it is difficult to demonstrate return on investment (ROI) from these installations

New analysis from Frost & Sullivan (defense.frost.com), Global Mass Transport Security Market Overview, finds that the market earned revenues of $1.76 billion in 2012 and estimates this to reach $3.16 billion in 2021, at a compound annual growth rate (CAGR) of 6.7 per cent (2012 to 2021). The market will continue to expand due to large investments in metro projects in China and the proposed expansion of current metro projects in India, Europe, and the Asia-Pacific.

“Most of the security spending in mass transportation is expected to be directed at securing the stations where travellers gather, buses and rolling stock in which travellers are transported, and the areas adjacent to places where transportation is stationed,” said Frost & Sullivan Aerospace, Defence and Security Research Analyst Krzysztof Rutkowski. “Such security improvements are fundamental to increasing the ridership on mass transport.”

Unfortunately, the nature of mass transport systems does not lend itself to technological transfers from other areas such as eGates in airports because customer convenience is critical to attract riders to mass transport. This issue of convenience is also one of the reasons governments have largely neglected security installations in mass transit hubs.

“The best way to overcome technological and apathy challenges is to have an open architecture that does not limit the systems’ end-use to just security,” noted Rutkowski. “It can offer value-added services such as infotainment, global positioning system (GPS) locators and other services.”

It is also advantageous for security providers to form partnerships to supply a greater array of solutions on an open architecture, by bundling the products. The highest demand is for video surveillance and communications technologies, which points to beneficial partnerships with companies operating in these domains.

“Frost & Sullivan expects stand-alone systems to phase out eventually, as they are not economically viable,” concluded Rutkowski. “Instead, there will be a large market for security systems that are integrated with other on-board technologies such as infotainment and public Wi-Fi.”

If you are interested in more information on this research, please send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full contact details.

Global Mass Transport Security Market Overview (M93B-16) is part of the Defence Growth Partnership Service programme. Frost & Sullivan’s related research services include: Global Border and Maritime Security Market, Airport Security Market, Physical Security Information Management Market and Safe Cities Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Security/Law Enforcement articles,
CATCH Visitors via Your Competitors Announcements!


Mass Transport Operators Reinforce Security as Threats and Insurance Claims Grow Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Joanna Lewandowska - Frost.com 
+48 22 481 62 20 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Security/Law Enforcement via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Security/Law Enforcement Most Recent Related Newswires:

Beretta Research and Innovation Center to Test New Safety and Security Technology in the U.S
Frost & Sullivan Highlights Scott Safety’s Introduction of Scott Sight - a Unique In-mask Thermal Imaging System for Firefighters
G4S Wins Contract Extension for Canadian Air Transport Security
G4S and Digital Barriers Announce Technology Partnership
FICAM Approved Symmetry Solution
AMAG Technology Symmetry™ Access Control Integrates with G4S RISK360® Incident and Case Management
AMAG Technology Announces Symmetry Blue Reader Range to Support BYOD Environment
AMAG Technology Releases Symmetry CompleteView Video Management System v4.6.2
G4S Cash Solutions Announces Strategic Alliance in ATM Engineering
Beretta Collaborates with McRee Precision on Limited Edition Tikka Rifle
2015 Brampton Business Excellence Recipient Kien Hoang Shares His Experience in Entrepreneurship
G4S Awarded New Kuwait International Airport Contract
G4S Philippines Wins Industry Award
Tokyo Metropolitan Police Selects Leonardo-Finmeccanica AW109 Trekker
Platesmart Technologies Receives 2016 Best of Oldsmar Award

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)