Rapid Growth in the Face of Urgent Demand
Almost every threat that requires people screening is currently monitored by
a different system (explosives, weapons, biological, chemical
nuclear/radiological).
To add insult to injury, it is quite clear that most of today's people
screening systems deliver unacceptable performance (high false alarm rates, slow
throughput, operator dependence, high transaction costs).
Over a period of 10 years (2001-2010) the total U.S. annual people screening
outlay is expected to grow to over 15 times its current size. Sales of $590
millions in 2001 are forecasted to grow to $ 3,5 billions in 2006 and to $ 9.9
billions in 2010. The CAGR over the 2003-2010 period will be over 50%.
The knowledge to Make the Right Decisions
A year research by Homeland Security Research experts and analysts, augmented
by hundreds of in depth interviews, generated a unique report that is a must for
every decision maker in the Homeland Security Industry.
The report analyzes the industry's drivers and inhibitors, demand and supply,
installed base, and sales figures, presents a detailed product/technology and
pricing outlook, examines personnel considerations, factors the infrastructure
side of the business into the equation and provides decision makers with a
comprehensive economic picture including cost-performance analysis, cost of
transaction and cost of maintenance. The report than goes beyond the traditional
deliverables and equips the reader with a detailed and reasoned forecast of
business and technology opportunities and challenges.
Sample Report Findings
- Present People Screening technology does not meet the post-9/11
requirements. The technology will undergo dramatic technological changes when
the multiple-threats "checkpoint of the future" will be
introduced by 2006.
- The accumulated U.S. investment in people screening during the 2003-2010
period will be over $50 billion.
- U.S. people screening service business alone is expected to grow from $85
million in 2003 to $1.85 billion in 2010.
- Extensive use of biometrics will be integrated with the "checkpoint of
the future" .
- During the 2006-2010 period, over 80% of ($) sales of people screening
systems will be of technologies were not in existence in 2003.
- The cost of screening a single person will be reduced by a factor of 10 -
from $4-$5 per person/per checkup to under $0.5 for the same procedure.